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120 Park Ave, Nutley, NJ, 07110

6beds
2.1baths
2,400sqft
$750,000
$313price/sqft
$5,813/moest. monthly cost
$232,520/yrincome needed

About This Home

Amazing location and incredible opportunity to own this spacious two-family home featuring three bedrooms and one full bathroom in each apartment. The finished basement offers a comfortable family room, perfect for gatherings, entertainment, or additional living space. The first-floor unit features central air conditioning, while both apartments offer eat-in kitchens, dining room, 3 bedrooms, 1 bathroom. abundant natural light, and comfortable layouts. Enjoy outdoor living with a generously sized yard, private driveway with parking for multiple vehicles, and a backyard designed for entertaining, barbecues, and relaxing. Conveniently located near public transportation to NYC, major highways, shopping, and everyday amenities, this property is a great opportunity for homeowners and investors alike.

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

8/10
6/10
John H Walker Middle SchoolGrades PK,7-81.0 mi
5/10
Nutley High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1954

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Wood Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range/Oven - Gas,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2.1
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Bedrooms,Kitchen,Living Room
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: 2 Units,Baseboard - Hotwater,Forced Air,Natural Gas
  • Cooling features: 2 Units,Central Air,Wall Unit(s)

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 2,400 sqft

Property

Details

  • Parcel number: 1616067030000000240000

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio

Lot

  • Lot size: 5,355 sqft
  • Lot size dimensions: 51 x 105 IRR

Parking

  • Total spaces: 3
  • Parking features: Additional Parking,None
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,792$45,504
Home Insurance *$199$2,388
Property Taxes $1,558$18,696
Electricity $264$3,174
Total$5,813$69,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$199,302/yr
40% on housing$174,390/yr
45% on housing$155,013/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$313This listing

vs Other Active Listings

Avg $/sqft

ZIP 07110$358
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07110$412
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Listed for sale$750,000
2004-11-08Sold$460,000

For Sale by Agent

AgentCarmen Jimenez
BrokerageRe/Max Professionals I

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