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590 Franklin Ave, Nutley, NJ 07110
$875,000
590 Franklin Ave, Nutley, NJ 07110View this property at 590 Franklin Ave, Nutley, NJ 07110
590 Franklin AveNutleyNJ07110
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Property Description
This property consists of 1 retail space on first floor- currently a salon with 6 stations, 2 bathrooms and central air.2nd floor has 4 office suites with a shared bathroom in the corridor. Currently 2 vacant and 2 occupied.3rd floor needs renovation- 2 rooms and a bathroom with plenty of storage space. There are 10 parking spaces in the rear - Perfect investment property.*** Current rents are significantly under market rate but all are on a month to month basis.
Full Property Details
Full Property Details for 590 Franklin Ave
General
- Price: $875,000
- Taxes: $18,644 (2022)
- Status: Active
- Type: Retail
- MLS ID: 3852303
- Updated: 8/3/2023
- Added to Site: 346 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease Terms: Month-To-Month
Interior
- Flooring: Carpeting, Laminate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Smoke Detector
Parking
- Parking: 1 Car Width, Parking Lot-Exclusive
Location
- County: Essex
- Driving Directions: Franklin Avenue
- Location Details: Business District
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning
- Heating Type: 1 Unit, Electric Baseboard
- Heating Fuel: Electric, Natural Gas, Oil Tank Below Ground
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: See Remarks, Cable TV Available
Structural Information
- Construction: Brick/Block, Formed Concrete
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Ceiling Height: 9999
- Loading: None
- Stories in Building: 3
- Square Feet: 2,378
- Aprox. Leasable: 2,378 Sq. Ft.
- Office: 9,999 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.15
- Lot Size: 50X135
- Zoning: B1
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $859,900
- Land Assmt: $465,000
- Tax Amount: $18,644
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1616-03200-0000-00014-0000-
- Block: 3200
- Lot Number: 14
Listed by Lombardi Realty
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Schools
Schools serving 590 Franklin Ave
School District:Nutley Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
300 Franklin Ave, Nutley, NJ 07110 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 590 Franklin Ave
Date
Details
Price
Change
Source
8/03/2023
Price Reduced
$875,000
-8.85%
MLS
7/10/2023
Listed
$960,000
—
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 590 Franklin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$18,644
1%
$859,900
78%
2021
$18,547
4%
$482,500
—
2020
$17,766
5%
$482,500
—
2018
$16,941
1%
$482,500
—
2017
$16,757
3%
$482,500
—
2016
$16,260
2%
$482,500
—
2015
$16,000
-8%
$482,500
—
2019
$17,409
13%
$482,500
—
2013
$15,454
—
$482,500
—
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 590 Franklin Ave
590 Franklin Ave, Nutley, NJ 07110 (MLS# 3852303) is a Retail property. 590 Franklin Ave is currently listed for $875,000 and was received on July 01, 2023. Want to learn more about 590 Franklin Ave? Do you have questions about finding other Retail real estate for sale in Nutley? You can browse all Nutley real estate or contact a Coldwell Banker agent to request more information.