PREMIER NUTLEY 4-FAMILY " Hillside Avenue Corridor, 50% Vacancy on Jun 22 . 8- 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 & 2 (Occupied): Stable residential units generating a combined $2950 /month. 4% yr increase. Unit 3 (Vacant June 22) Recently renovated, bright, and rent-ready, with current $2650 rent. Rent can be $2850 upon vacancy from 07/01 Unit 4 (Vacant Duplex): Large two-story duplex, 1600 sq ft, with loft space, ready for renovation and significant rental upside. $3200+ rent. PRIVATE 8-CAR PARKING LOT: Rare for the Hillside Avenue corridor. Three spaces are currently rented to neighborhood residents. $2400- 3000 /yr. Remaining 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.
39 days
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738
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26
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Zillow last checked:
Listing updated:
Listed by:
Ronnie Glomb855-600-2465,
Your Town Realty
Source: GSMLS,MLS#: 4032063
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 4.1
Full bathrooms: 4
1/2 bathrooms: 1
Heating
Forced Air, Radiators - Hot Water, Natural Gas
Cooling
4+ Units, Window Unit(s)
Appliances
Included: Range/Oven - Gas, Refrigerator, Dishwasher, Dryer, Washer, Gas Water Heater
Laundry: Laundry Room
Features
High Ceilings, Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom, Living/Dining Room
Flooring: Tile, Vinyl-Linoleum Floors
Windows: Storm Window(s)
Basement: Yes,Full
Has fireplace: No
Interior area
Total structure area: 4,450
Total interior livable area: 4,450 sqft
Property
Parking
Total spaces: 8
Parking features: 1 Car Width, Assigned, Asphalt, Enclosed, Off Street, Parking Lot-Exclusive
Uncovered spaces: 8
Features
Patio & porch: Enclosed Porch(es), Patio, Porch
Exterior features: Curbs, Sidewalk
Fencing: Metal Fence,Partial
Lot
Size: 8,712 Square Feet
Dimensions: 50 x 173
Details
Parcel number: 1616045010000000050000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Aluminum Siding
Roof: Asphalt Shingle,Flat
Condition
Year built: 1900
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities, Natural Gas Connected
Community & HOA
Community
Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Carbon Monoxide Detector, Fire Alarm System, Smoke Detector, Fire Alarm Sys, Fire Extinguisher
Location
Region: Nutley
Financial & listing details
Price per square foot: $322/sqft
Tax assessed value: $786,000
Annual tax amount: $21,214
Date on market: 6/3/2026
Total actual rent: 5563
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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