Mixed-Use Property Sold For $2M In Nutley With Horvath & Tremblay As Brokers

A 10-unit mixed-use property located at 21 Franklin Avenue in Nutley, New Jersey, was sold for $2,000,000. This two-story building spans 7,000 square feet and consists of eight residential units and two retail spaces on a 0.23-acre lot.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,000,000
• Units: 10
• Price Per Unit: $200,000
• Address: 21 Franklin Avenue
• Market: Nutley
• Asset Type: Mixed-use
• Acres: 0.23

The transaction was brokered by Michael Lombardi and Michael Agrifolio from Horvath & Tremblay, who represented both the seller and the buyer in this deal.