REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Matthew De Fede

matthewdefede@realtyexecutives.com +1(862) 228-0554

$ 1,375,000

Est. payment | -/mo

9 Beds

4.5 Baths

4,450 SqFt

Save

$ 1,375,000

Est. payment | -/mo

Save

9 Beds

4.5 Baths

4,450 SqFt

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,450 sqft

Price per Sqft $308

MLS Listing ID 4032063

Style See Remarks

Bedrooms 9

Full Baths 4

Half Baths 1

Year Built 1900

Annual Tax Amount $21,214

Tax Year 2025

Lot Size 8,712 Sqft

Property Description

PREMIER NUTLEY 4-FAMILY " Hillside Avenue Corridor, 50% Vacancy as of 07/01/268- Car Parking & Duplex Setup! Trophy investment opportunity on historic Hillside Avenue. This legal 4-unit Victorian sits on a quiet, tree-lined residential block just 12 miles from Midtown Manhattan. Perfect for an owner-occupant or value-add investor seeking immediate upside. The property is delivered with TWO UNITS VACANT, creating a cash-flow opportunity from Day 1. Units 1 & 3(Occupied): Stable residential units generating a combined 2950 /month. (1345 +1568) with 4% per yr increase. Unit 2(Vacant as of 07/01/26) Recently renovated (2024) bright, and rent-ready at $2890 Unit 4 (Vacant Duplex): Large two-story duplex, 1600 sq ft, with loft space, ready for renovation and significant rental pupside. $3500+ rent or owner use PRIVATE 8-CAR PARKING LOT: Rare for the Hillside Avenue corridor. Three spaces are currently rented to neighborhood residents. $2400- 3000 /yr. These spaces offer additional income potential or future tenant amenities. Separate utilities for all units. Passed all state and local inspections. Newly upgraded and updated 200 amp electrical service and panels.

Location

State NJ

County Essex

Rooms

Basement Full

Interior

Interior Features Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, High Ceilings, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors

Heating Gas-Natural

Cooling 4+ Units, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available All Underground, Gas-Natural

Roof Type Asphalt Shingle, Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style See Remarks

Schools

Middle Schools John H. Walker

High Schools Nutley

Others

Senior Community No

Listed by YOUR TOWN REALTY

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 228-0554

matthewdefede@realtyexecutives.com

653 Franklin Ave, Nutley, NJ 07110, USA

96 Hillside Ave Nutley Twp., NJ 07110