339 Passaic AveNutley, NJ 07110

  • Commercial real estate
  • 0.07 AC
For Lease
$132/SF/YR View listing

Property Details for 339 Passaic Ave

Year built
1921
Lot size
0.07 AC
Zone code
B-3
Property type
Commercial real estate
APN
16 04301-0000-00050
APU
1604301000000050

Description

This exceptional Class A retail property, located at 339 Passaic Ave, Nutley, NJ 07110 (cross street: Chestnut), offers six available salon/medical office suites ranging from 80 to 183 square feet. The building, originally constructed in 1921 and extensively renovated in 2024, boasts a total of nine suites across two stories. Each suite includes its own sink, and tenants share modern restrooms and a convenient kitchenette/breakroom. Ample off-street parking is available with 20 spaces provided. The property is zoned B-3 and situated in the Nutley submarket within the NYC Metro area. This is a fantastic opportunity for beauty and wellness professionals seeking a turnkey solution. Enjoy the benefits of a modern, high-end space without the overhead of a traditional salon, including the flexibility to set your own hours and manage your own expenses. Weekly rent starts at $240 and is size-dependent. Tenants signing a lease before completion receive two weeks rent-free. Benefit from cross-promotional opportunities with other tenants, including a premier medical spa located on the second floor. This is a rare chance to establish or expand your business in a thriving location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $536,493
    Hospitality
    $491,425
    Educational
    $408,860
    Medical
    $422,921
    Retail
    $636,004
339 Passaic Ave, Nutley, New Jersey

Location Insight

City
Nutley
County
Essex
State
New Jersey
Latitude
40.8182
Longitude
-74.1541
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$16,561
$177,500
$626,500
$804,000
-
$177,500
$626,500
$804,000

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