3 months on rocket

156 Franklin Ave, Nutley, NJ, 07110

$1,150,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 2 Partial
Multi

Location

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156 Franklin Ave, Nutley$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, Park Space
HeatingNatural Gas
CoolingWall/Window Unit(s)
BasementYes
WaterfrontNone
Fireplace1 Fireplace
MLS #24024395
StatusActive
(ACTIVE)

About 156 Franklin Ave

Investment Opportunity in Downtown Nutley! This newly renovated 4-unit commercial building boasts 2 updated residential units and 2 modern storefronts, perfect for a variety of businesses. This opportunity boasts new hardwood flooring, 5 bedrooms with a possible studio and 3 kitchens, one being brand new! Enjoy the convenience of this corner property having a 2-car garage and a spacious backyard with potential for expansion or additional parking on the land. Plus, explore the possibility of creating a studio apartment on the first floor. Don't miss this chance to own a versatile property in a thriving location walking distance to schools, parks, and a variety of restaurants and businesses!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Prosperity Realty
  • Office Phone: (201) 655-2982
  • Listing Agent: Steven Emery

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Brick, Vinyl, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Park Space

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Nutley High School, Public District Grades 9-12
  • John H. Walker Middle School, Public District Grades 7-8
  • Lincoln School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000

Tax Information:

  • Annual Amount: $18,246
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Nutley, NJ.

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Nutley, NJ

City

Med. Sold Price

$611.3K

Med. Price/SqFt

$325

# of Sold Homes

10

156 Franklin Ave vs Nutley

98 DAYS ON ROCKET

$1,150,000

+$538.6K More

KEY TAKEAWAY

This property is $538.6K more than the Median Sold Price in Nutley, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24024395

Listing Office:

  • Office Name: Keller Williams Prosperity Realty
  • Office Phone: (201) 655-2982
  • Listing Agent: Steven Emery

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 2:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$18,246$505,700
2019$17,755$505,700
2018$17,563$505,700
2017$17,563$505,700

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2074909
8
/10

  • Lincoln School

  • 301 Harrison St

  • 0.38 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2074910
5
/10

  • John H. Walker Middle School

  • 325 Franklin Ave

  • 0.41 miles

  • Public District Grades 7-8

High School

school-card-donut-2074911
5
/10

  • Nutley High School

  • 300 Franklin Ave

  • 0.32 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,051. The majority of Nutley, NJ residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Nutley›07110›156 Franklin Ave

This home is located at 156 Franklin Ave in Nutley, NJ and zip code 07110. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $1,150,000.

While more than 9 listings in Nutley, NJ in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. The inventory of homes for sale in Nutley, NJ between September 2024 and October 2024 increased by 8.6%.

From Rocket Homes Real Estate and based on county public records data.

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