NJ > Nutley Twp.
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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$1,100,000
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Under Contract

188 Prospect St Nutley Twp., NJ 07110

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Isaac De Castro

Isaac De Castro

+1(646) 626-7901

UPDATED:

10/09/2024 09:20 PM

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)
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS PROSPERITY REALTY

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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