89 King St Nutley, NJ 07110
Estimated payment $7,202/month
About This Home
Own an income-producing 3-family on an oversized lot (approx. 75×100;) in the heart of Nutley. Designed for todayâ€TMs 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 (1-yr) and 3BR at $2,850 (1-yr). Interior updates include newer flooring, refreshed baths, and updated appliances; two kitchens have been renovated and one features upgraded counters/sinks (per seller). 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,060
Home Design
Bedrooms and Bathrooms
- 6 Bedrooms
Additional Features
- Laundry in Basement
- 7,501 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 2 / 9500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,698 | $648,200 | $250,000 | $398,200 |
| 2024 | $16,698 | $648,200 | $250,000 | $398,200 |
| 2022 | $14,610 | $378,100 | $172,000 | $206,100 |
| 2021 | $14,534 | $378,100 | $172,000 | $206,100 |
| 2020 | $13,922 | $378,100 | $172,000 | $206,100 |
| 2019 | $13,642 | $378,100 | $172,000 | $206,100 |
| 2018 | $13,275 | $378,100 | $172,000 | $206,100 |
| 2017 | $13,131 | $378,100 | $172,000 | $206,100 |
| 2016 | $12,742 | $378,100 | $172,000 | $206,100 |
| 2015 | $12,538 | $378,100 | $172,000 | $206,100 |
| 2014 | $12,379 | $378,100 | $172,000 | $206,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/21/2025 09/21/25 | For Sale | $1,100,000 | +10.2% | -- | |
| 05/21/2025 05/21/25 | Sold | $998,000 | 0.0% | -- | View Prior Sale |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- | |
| 03/04/2025 03/04/25 | For Sale | $998,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $998,000 | Atlantic Title & Settlement | |
| Bargain Sale Deed | $700,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $866,910 | FHA | |
| Previous Owner | $700,000 | New Conventional |
Source: New Jersey MLS
MLS Number: 25033895
APN: 16-09500-0000-00002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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