98 King St
Nutley, NJ 07110
Avondale- 3 Beds
- 3 Baths
3 Beds
3 Baths
We estimate this home will sell faster than 83% nearby.
Home Highlights
Parking
Garage
Listed
27 days ago
Local Information
-- mins to
About this House
Rare fully occupied investment opportunity in Nutley offering immediate income and long-term upside. 98 King Street is a well-maintained 3-family property featuring three separate 1-bedroom, 1-bath residences, each with dedicated 1-car parking and outdoor space — a major value-add in today's rental market. With stable occupancy already in place, this is a true plug-and-play asset for investors seeking reliable cash flow from day one. The property offers strong rental appeal with practical layouts, parking for every unit, complimentary shared washer/dryer access in the basement, and complimentary garage storage, all in a desirable residential location close to local shops, dining, parks, major roadways, and NYC transportation options. A smart addition to any portfolio, this fully leased multifamily currently generates $4,945/month in rental income, with leases secured through May/June 2027, a current cap rate of approximately 5.6%, and modest rental upside of approximately $75–$100/month per unit in its current well-kept condition, with the potential for even stronger rents over time through optional cosmetic updates. With separate gas and electric meters, manageable known expenses, and parking-driven tenant demand, 98 King Street delivers the rare combination of stability, income, convenience, and long-term rental appeal. Property is being sold as-is. Contact us today to schedule a private viewing!
We estimate this home will sell faster than 83% nearby.
Home Details for 98 King St
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Interior Details Number of Rooms: 9 |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sep HeatLaundry: In Basement |
Heating & Cooling No Heating |
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Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2GarageParking Spaces: 3Parking: Garage |
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Days on Market: 27 |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: 3 FamilyArchitecture: 3 Family |
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Price List Price: $799,999 |
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MLS Status: Active - Active |
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Direction & Address City: Nutley |
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Listing Agent Listing ID: 26023597 |
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Listing Agreement Type: Exclusive Right To Sell |
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Mls Number: 26023597 |
Last check for updates: about 15 hours ago
Listing courtesy of Maria Kosdan, (973) 953-6497
Coldwell Banker, Hoboken
Source: NJMLS, MLS#26023597

Also Listed on NJMLS.
Market trends in Nutley
Last updated June 2026
Avg. sale price
$628K
Sale-to-List Price
105.9%
Price per sq ft
—
Available listings
86
2MoM
Price History for 98 King St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/30/2026 | $799,999 | Listed For Sale | NJMLS #26023597 |
| 09/12/2022 | $585,000 | Sold | HCMLS #220013191 |
| 08/11/2022 | $650,000 | Pending | NJMLS #22027909 |
| 07/20/2022 | $650,000 | Listed For Sale | HCMLS #220013191 |
| 05/13/2020 | $1,425 | ListingRemoved | Agent Provided |
| 04/21/2020 | $1,425 | Listed For Rent | Agent Provided |
| 10/20/2006 | $475,000 | Sold | N/A |
| 10/01/2002 | $316,000 | Sold | N/A |
| 03/23/1995 | $70,000 | Sold | N/A |
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New Listings near 98 King St
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $12,565 |
| Assessment | $477,400 |
Home facts updated by county records
Comparable Sales for 98 King St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $796,000 | 01/05/26 | 6 | 2.5 | - | |
0.36 | Multi-Family Home | $789,000 | 10/30/25 | 5 | 2 | - | |
0.94 | Multi-Family Home | $809,000 | 12/17/25 | 4 | 2.5 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 98 King St.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Maria Kosdan, Coldwell Banker, Hoboken
Agent Phone: (973) 953-6497

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 Zillow, Inc. 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. Last date updated: 2026-07-27 00:40:48 PDT Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
All information deemed reliable but not guaranteed. Last date updated: 2026-07-27 00:40:48 PDT Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.

