98 King St
Nutley, NJ 07110
Avondale
3 Beds
3 Baths
3 Beds
3 Baths
Home Highlights
Parking
Garage
Listed
26 days ago
Local Information
- Map ViewExplore the area around 98 King St.
- Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- 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!
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: 26 |
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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 9 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.
- Nutley High School
- 9-12
- Public
- 1222 Students
5/10GreatSchools RatingParent Rating Averagehello :) i was class of 2022 and for my entire experience at this district i did terribly academically, but was perfect behavioraly. i asked multiple times for help because i felt i wasn't reaching the same levels of success as my peers and i was ignored every time. i was also ALLEGEDLY groped by another student in middle school and after being talked to by the principal there was no further discipline to said student and i was forced to remain in the same homeroom with them until i graduated. TOLVE was the worst counselor ever and failed me in every regardafter graduation i worked retail for 1.5 years until i recognized my mental health declining which led me to quit and pursue therapy, and i ended up finding out i have C-PTSD. Thanks Nutley!-marginalized student of whom's cries for help were ignored for 13 yearsMy life is nothing now and i have no connections made from this school because my debilitating anxiety was seen as an inability to cooperate ???? despite me literally speaking out MYSELF trying to get help. thanks for the 1.4 gpa and may you all have the lives you DESERVEi am now 21 years old starting from NOTHINGTHANKS FOR NOTHING!Other Review6mo ago - John H Walker Middle School
- PK-8
- Public
- 637 Students
6/10GreatSchools RatingParent Rating AverageBoth of my children had a great experience at JHWMS. They use a group approach so your child will have the same 4 core teachers as everyone else in the group, it makes the school seem a little smaller. Music programs are excellent. There is a choice of 3 languages and this class is taken every day. My high schooler is now in all honors classes and got a good foundation here.Parent Review5y ago - Washington Elementary School
- PK-6
- Public
- 534 Students
8/10GreatSchools RatingParent Rating AverageVery nice school and great academics. My daughter attended kindergarten last year (and loved every minute of it) and will start first grade this fall. We love the school and the town. Mrs L was amazing. Thank you.Parent Review1y ago 
Check out schools near 98 King St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
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: 2026-07-26 19:40:31 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: 2026-07-26 19:40:31 PDT Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.