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$735,000

  • For Sale
  • Active
  • Commercial
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Opportunity for investor or business owner looking for a mixed-use property on a corner lot in the downtown area of Nutley. This unique property currently has one commercial space attached to a residential home. Property is zoned for commercial and/or neighborhood business, making the options numerous from an attorney's office to a potential coffee shop. There is a good amount of available space from the building itself to the public sidewalk. The location and proximity to NYC bus stop right on corner, Route 3, train transportation, ON3 Campus and downtown shops make this an ideal property.

Full Property Details for 691 Franklin Ave

General

  • Price: $735,000
  • Taxes: $21,029 (2024)
  • Status: Active
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 3950991
  • Updated: 11/20/2025
  • Added to Site: 308 day(s) ago

Business

  • Includes: Building & Land

Rental Information

  • Lease Includes: Building Insurance, Building Maintenance, Sewer, Taxes
  • Lease Terms: 1 Year Minimum

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Restrooms: 2

Additional Information

  • Equipment: Smoke Detector

Parking

  • Parking: Blacktop, Off-Street Parking, Parking Lot-Exclusive

Location

  • County: Essex
  • Driving Directions: Corner of Franklin Ave. & Kingsland Street
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: No Cool
  • Heating Type: 3 Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water, See Remarks
  • Utility Description: Electric, Natural Gas

Structural Information

  • Construction: Brick/Block, Wood
  • Exterior Const.: Aluminum Siding, Brick, Wood
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Flat
  • Square Feet: 2,498
  • Aprox. Leasable: 2,498 Sq. Ft.
  • Year Built: 1960

Lot Features

  • Lot Size: 80X79 IRR
  • Permitted Use: Prof & Business offices & research labs
  • Zoning: B-1

Financial Considerations

  • Assessment Amount: $799,000
  • Land Assmt: $455,900
  • Tax Amount: $21,029
  • Tax Year: 2024
  • Owner Pays: Maintenance-Common Area, Maintenance-Lawn, No Utilities, Sewer, Snow Removal
  • Tenant Pays: Electric, Heat, Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • Disclosures: Yes
  • APN: 1616-02001-0000-00015-0000-
  • Block: 2001
  • Lot Number: 15

Listed by Keller Williams - Nj Metro Group

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Listing agent

— 691 Franklin Ave —

  • Keller Williams - Nj Metro Group

973-783-7400

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 691 Franklin Ave

School District:Nutley Town School District
NameGradesDistance
Nutley High School
300 Franklin Avenue, Nutley, NJ 07110
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 691 Franklin Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/20/2025
Price Reduced
$735,000
-8.11%
MLS
3/14/2025
Listed
$799,900
—
MLS
Get Price Alerts and Save Property
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 for 691 Franklin Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,030
2%
$799,000
—
2023
$20,582
19%
$799,000
—
2022
$17,276
1%
$799,000
79%
2021
$17,187
4%
$447,100
—
2020
$16,462
5%
$447,100
—
2018
$15,698
-3%
$447,100
—
2019
$16,131
4%
$447,100
—
2017
$15,528
3%
$447,100
—
2016
$15,067
2%
$447,100
—
2015
$14,826
4%
$447,100
—
2013
$14,321
—
$447,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams - Nj Metro Group

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691 Franklin Ave, Nutley, NJ 07110 (MLS# 3950991) is a Commercial property. 691 Franklin Ave is currently listed for $735,000 and was received on March 14, 2025. Want to learn more about 691 Franklin Ave? Do you have questions about finding other Commercial real estate for sale in Nutley? You can browse all Nutley real estate or contact a Coldwell Banker agent to request more information.

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