Own an income-producing 3-family on an oversized lot (approx. 75×100;) in the heart of Nutley. Designed for today’s buyer: separate utilities (reduced owner overhead), off-street parking, and basement laundry for everyday convenience. Current rent profile delivers day-one cash flow with flexibility to reposition or owner occupy thanks to a 1BR at $1,800 (month-to-month) plus a 2BR at $2,500 (1-yr) and 3BR at $2,850 (1-yr). Interior updates include newer flooring, refreshed baths, and updated appliances; two kitchens have been renovated and one features upgraded counters/sinks (per seller). A full basement with half bath adds storage/utility. Sought-after Nutley location near shops/dining, parks, major highways, and NYC transit options. 2024 taxes $17,061. Potential to optimize further—bring your plan and unlock the upside of oversized lot.
Other
$17,060 Annual Tax
MLS/Listing ID 25033895
Listing Courtesy of WALKER'S REALTY, CHRISTOPHER PARICIO - 973-943-1557
Source of Data: NEW JERSEY MLS
TOTAL MONTHLY COST
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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 Douglas Elliman of NJ 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. Last date updated: 09/29/2025.
Source: New Jersey Multiple Listing Service, Inc.
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