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89 King St,Nutley Twp., NJ 07110-3559 | Wright Home Realty

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+01-123-4567

Listing Details

89 King St,Nutley Twp., NJ 07110-3559

  • October 9, 2025

Description

Own an income-producing 3-family on an oversized lot 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 (1yr) and 3BR at $2,850 (1yr). Interior updates include newer flooring, refreshed baths, and updated appliances; two kitchens have been renovated and one features upgraded counters/sinks. 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.

Details

Last Updated On: October 9th, 2025 at 8:29 pm
Property ID:PT-1848881-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 1,100,000 $
Bedrooms:6
Year Built:1912

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 75X100
Lot Identifier: 2
Lot Description: Skyline View
Lot Identifier: 2

Home Details

Open Parking: 8
Basement: Yes
Renovated: 2024
Basmnt/Desc: Yes - Unfinished
Acreage: 0.17
Total Baths: 3.00
Unit Style: 2-Two Story
Number of Units: 3
Rooms: 17
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: 0-60
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 4
Unit 1 Beds: 1
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 1 Handicap: No
Unit 1 Lease Expire: 2025-10-31
Unit 1 Rent: 1800
Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 1 Security Deposit: 2700
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 1
Unit 2 Rooms: 5
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 2 Handicap: No
Unit 2 Lease Expire: 2026-06-30
Unit 2 Rent: 2500
Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 2 Security Deposit: 3750
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Levels: 1
Unit 3 Rooms: 6
Unit 3 Beds: 3
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 3 Handicap: No
Unit 3 Lease Expire: 2026-08-31
Unit 3 Rent: 2850
Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Sunroom
Unit 3 Security Deposit: 4275
Block Identifier: 9500
County Number: 16
Town Number: 1616
YB/Desc: 1912 - Renovated
Easement: Unknown
Parking/Driveway Description: 2 Car Width, Off-Street Parking
Block Identifier: 9500
County Number: 16
Town Number: 1616
Possession: 0-60

Taxes, Fees & Assessments

Expense Include: Cold Water, Taxes
Warranty: No
Tax ID For Property: 1616-09500-0000-00002-0000-
Tax Amount: $17,060.00
Tax Year: 2024
Tax Rate: 2.632%
Tax Rate Year: 2024
Farm Assessment: No
Land Assessment: $250,000.00
Building Assessment: $398,200.00
Total Assessment: $648,200.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: 3 Units, Radiators - Steam
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Statistics

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