Nutley Twp., NJ 07110,188 Prospect St
Nutley Twp., NJ 07110,188 Prospect St
Nutley Twp., NJ 07110,188 Prospect St
Nutley Twp., NJ 07110,188 Prospect St
Nutley Twp., NJ 07110,188 Prospect St
Nutley Twp., NJ 07110,188 Prospect St
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3926827

Year Built 1925

Annual Tax Amount $19,626

Tax Year 2023

Property Description

Prime Mixed-Use Investment Opportunity! Located in the heart of Nutley, this is a fully occupied mixed-use building featuring 4 retail units on the ground level and 2 spacious apartments above. Each retail space is secured with leases through 2026, while the two apartments, both offering 3 bedrooms and 1 bath, are rented on a month-to-month basis. Both residential units come with in-unit washer/dryer hookups and the convenience of 2 off-street parking spots. Retail spaces benefit from ample on-street parking. All tenants enjoy access to a full basement, providing untapped potential for additional use. A great investment with stable income and growth potential! Owner pays taxes, water & insurance.

Location

State NJ

County Essex

Zoning R-1

Rooms

Basement Bilco-Style Door, Full, Storage, Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Flooring Concrete, Tile, Vinyl-Linoleum, Wood

Equipment Fire Alarm, Restrooms - Private, Restrooms - Public, Storage Area(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Gas-Natural

Roof Type Asphalt Shingle, Flat

Parking Type Off-Street Parking

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS PROSPERITY REALTY
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188 Prospect St