Bought with Outside Agent Outside Office
$869,000
$869,000
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SOLD DATE : 01/12/2022
Key Details
Sold Price $869,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21023492
Sold Date 01/12/22
Style Office
Property Sub-Type Office
Property Description
Tremendous mixed use building in the heart of Nutley's downtown provides a great opportunity for investors or an owner occupied user! The SEVEN bedroom residential home provides plenty of living space and is suitable for today's needs of additional living and/or work space. There are THREE separate office spaces totaling approximately 2,347 square feet with several private office rooms and reception areas. Development in the area includes the nearby ON3 campus with plenty of nearby restaurants, commerce and public transportation with NJ/NY transit bus stops. Backyard includes a patio area and a large deck adjacent to pleasant green space. See additional docs for analysis of property, that assumes for fair market rents and maintenance. Rare opportunity to own property with the potential of a 6.35% CAP RATE!
Location
State NJ
County Essex
Interior
Heating Gas, Hot Air, Multi-Zone
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