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$1,195,000 Just Listed
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Property Description
582 Franklin Avenue, Nutley, NJ is a 3,056 SF medical office building for sale located on a high-visibility stretch of Nutley?s Franklin Avenue commercial corridor. This owner-user or investment opportunity is ideal for medical professionals, wellness practices, or professional office users looking to own vs. rent in a thriving location while building long-term equity in a high-exposure setting. Currently operating as a rehabilitation facility, the property features a functional multi-level layout designed for clinical use, including a professional reception area, waiting room, large treatment spaces, private offices, and administrative areas. Positioned in a high-traffic, high-exposure location, the property benefits from strong street presence and is supported by rear parking for staff and clients?a key advantage for medical and service-based businesses. Strategically located near the ON3 campus, Hackensack Meridian School of Medicine, and major healthcare employers, this property sits in one of Essex County?s most active medical corridors. Commuters will appreciate proximity to NJ Transit (Delawanna & Passaic stations) and convenient access to New York City. A rare opportunity to acquire a well-maintained professional building with excellent visibility, accessibility, and long-term growth potential. All showings by appointment only.
Full Property Details
Full Property Details for 582 Franklin Ave
General
- Price: $1,195,000
- Taxes: $28,652 (2025)
- Status: Active
- Type: Office
- Source: Garden_State
- MLS ID: 4024564
- Updated: 4/30/2026
- Added to Site: 7 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease Terms: Month-To-Month
Rooms
Bathrooms
- Total Bathrooms: 12
- Restrooms: 12
Additional Information
- Equipment: Fire Alarm, Handicapped Access, Kitchen Area, Smoke Detector, Sprinkler System
Parking
- Total Spaces: 6
- Parking: 1 Car Width, Additional Parking, Blacktop
Location
- County: Essex
- Driving Directions: GSP to Route 3 to Passaic Ave, to Kingsland and Right on Franklin Ave
- Location Details: Business District
Heating & Cooling
- Cooling Type: 3 Units, Central Air Conditioning
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished-Partially, Full
- Roof: Asphalt Shingles
- Ceiling Height: 9
- Door Dimensions: 80
- # Loading Docks: 1
- Stories in Building: 2
- Square Feet: 3,056
- Aprox. Leasable: 3,056 Sq. Ft.
- Office: 3,056 Sq. Ft.
- Year Built: 1962
- Remodeled/Updated: 1999
Lot Features
- Lot Size (Acres): 0.16
- Lot Size: 62X115
- Zoning: Commercial
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $391
- Assessment Amount: $1,061,600
- Land Assmt: $472,600
- Tax Amount: $28,652
- Tax Year: 2025
- Tenant Pays: Electric, Gas, Heat, Hot Water, Maintenance-Common Area, Sewer, Snow Removal, Water
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1616-03200-0000-00012-0000-
- Block: 3200
- Lot Number: 12
Listed by Real
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Schools
Schools serving 582 Franklin Ave
School District:Nutley Town School District
| Name | Grades | Distance |
|---|---|---|
Yantacaw Elementary School 20 Yantacaw Place, Nutley, NJ 07110 | K-6 | 0.1 mi |
John H Walker Middle School 325 Franklin Avenue, Nutley, NJ 07110 | 7-8 | 0.6 mi |
Nutley High School 300 Franklin Avenue, Nutley, NJ 07110 | 9-12 | 0.7 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 582 Franklin Ave
Date
Details
Price
Change
Source
4/30/2026
Listed
$1,195,000
25.79%
MLS
8/17/2007
Sold
$950,000
—
Public Record
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 582 Franklin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,941
2%
$1,061,600
—
2023
$27,347
-3%
$1,061,600
—
2022
$28,138
1%
$1,061,600
46%
2021
$27,992
4%
$728,200
—
2020
$26,812
2%
$728,200
—
2019
$26,273
3%
$728,200
—
2018
$25,567
1%
$728,200
—
2017
$25,290
3%
$728,200
—
2016
$24,540
2%
$728,200
—
2015
$24,147
4%
$728,200
—
2013
$23,324
—
$728,200
—
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 582 Franklin Ave
582 Franklin Ave, Nutley, NJ 07110 (MLS# 4024564) is a Office property. 582 Franklin Ave is currently listed for $1,195,000 and was received on April 30, 2026. Want to learn more about 582 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.

