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$2,850,000 -$125,000 (-4.2%) Price Reduced
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Property Description
Great opportunity to be apart of Nutley's new development. Operate your business downstairs and live or rent in one of the four apartments above. Currently used as a real estate office with five other ancillary businesses. Private off street parking behind and adjacent to the building. NOT a common driveway. All expenses and rents will be disclosed to interested parties only.owner financing avail to qualified buyers at a discounted rate
Full Property Details
Full Property Details for 527 Franklin Ave
General
- Price: $2,850,000
- Taxes: $37,656 (2024)
- Status: Active
- Type: Office
- Source: Garden_State
- MLS ID: 3952843
- Updated: 3/26/2026
- Added to Site: 367 day(s) ago
Business
- Includes: Building Only
Interior
- Flooring: Carpeting, Vinyl-Linoleum, Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Restrooms: 7
Additional Information
- Equipment: Appliances, Burglar Alarm
Parking
- Garage Spaces: 8
- Parking: Blacktop, Common, Parking Lot-Exclusive, Parking Lot-Shared
Location
- County: Essex
- Driving Directions: Between Vreeland ave and High StreetDirectly adjacent to the new development where Ciccolini property was located
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: 4+ Units, Central Air Conditioning, Ductless Split AC, Multi-Zone Cooling
- Heating Type: 4+ Units, Forced Hot Air, Multi-Zone
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Cable TV Available, Garbage Included, Prewired for Internet
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Roof: Asphalt Shingles
- Stories in Building: 2
- Square Feet: 7,000
- Aprox. Leasable: 7,000 Sq. Ft.
- Previous Bldg. Use: commercial
- Office: 3,500 Sq. Ft.
- Year Built: 1941
- Remodeled/Updated: 2005
Unit Information
- 1 Bedroom Units: 3
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.17
- Lot Size: 50X150
- Zoning: mixed
- Lot Description: Level Lot
Financial Considerations
- Expenses: Accounting/Legal, Electricity, Insurance, Maintenance - Exterior, Maintenance - Interior, Snow Removal, Taxes, Water/Sewer
- Assessment Amount: $1,430,700
- Land Assmt: $450,000
- Tax Amount: $37,656
- Tax Year: 2024
- Pays Utilities: Other
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Building Plans, Financial Statement, Income & Expenses, Leases, Survey Available
- APN: 1616-03100-0000-00031-0000-
- Block: 3100
- Lot Number: 31
Listed by Coldwell Banker Franklin Realty
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Schools
Schools serving 527 Franklin Ave
School District:Nutley Town School District
| Name | Grades | Distance |
|---|---|---|
Nutley High School 300 Franklin Avenue, Nutley, NJ 07110 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 527 Franklin Ave
Date
Details
Price
Change
Source
3/26/2026
Price Reduced
$2,850,000
-4.2%
MLS
3/25/2025
Listed
$2,975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 527 Franklin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$37,656
59%
$1,430,700
—
2023
$23,735
-19%
$1,430,700
55%
2022
$29,173
1%
$921,400
22%
2021
$29,022
4%
$755,000
—
2020
$27,799
5%
$755,000
—
2018
$26,508
-3%
$755,000
—
2019
$27,240
4%
$755,000
—
2017
$26,221
3%
$755,000
—
2016
$25,444
2%
$755,000
—
2015
$25,036
1%
$755,000
—
2014
$24,719
—
$755,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 527 Franklin Ave
527 Franklin Ave, Nutley, NJ 07110 (MLS# 3952843) is a Office property. 527 Franklin Ave is currently listed for $2,850,000 and was received on March 25, 2025. Want to learn more about 527 Franklin Ave? Do you have questions about finding other Office real estate for sale in Nutley? You can browse all Nutley real estate or contact a Coldwell Banker agent to request more information.

