Franklin NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.19 Acres
Year built:
1920
Baths:
2.00
MLS#:
3930136

ADDITIONAL INFORMATION

Investment Opportunity is in a great location near schools, shopping and restaurants. This 2-family property offers a main house with 3 Bedrooms and a 1-bedroom apartment with a separate entrance on the side of the home. This is a Great Opportunity for a buyer looking to live and earn rental income. Both units are Vacant.More pictures to come.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
4.2 Acres
Baths:
MLS#:
2111329

ADDITIONAL INFORMATION

Property offers a 2 family home plus a separate ranch home. It had been previously approved for a 28 townhome project each with 2,545 sq. ft. However due to changes in zoning, D&R requirements yield may have changed. Buyer responsible for Engineering and due diligence to determine yield. Existing homes have little value and are rented. Rental income available upon request.2 lots Lot # 9 = 1 acres and Lot # 10 = 4.2 acres Total lot size = 226,512 sq. ft. Utilities are on site. All 3 units have septic and public water, duplex home has gas heat and the ranch home has oil heat. Basement on the ranch home.

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in Purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than Xome are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.



Franklin Real Estate

The median home value in Franklin, NJ is $462,500. This is higher than the county median home value of $342,200. The national median home value is $338,100. The average price of homes sold in Franklin, NJ is $462,500. Approximately 57.28% of Franklin homes are owned, compared to 28.63% rented, while 14.09% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!

Franklin, New Jersey has a population of 5,521. Franklin is more family-centric than the surrounding county with 32.06% of the households containing married families with children. The county average for households married with children is 31.29%.

The median household income in Franklin, New Jersey is $80,264. The median household income for the surrounding county is $101,645 compared to the national median of $69,021. The median age of people living in Franklin is 50.4 years.

Franklin Weather

The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 47.5 inches per year, with 38.3 inches of snow per year.

Franklin Real Estate Market Conditions

  • Median sales price

    $462,500
    12.7% change since last quarter
  • # Active listings

    84
    30-day change

Franklin Schools and Demographics

Education near Franklin, NJ

Metric City County
High School Graduates 92.16 95.37
College Degree - 2 year 5.16 8.41
College Degree - 4 year 20.54 38.1
Graduate Degree 4.36 10.05
Expenditures per Student 26,363 26,363
Students per Teacher 10.6 10.6

Elementary Schools near Franklin, NJ

School Grades Students P/T Ratio ZIP
Franklin Elementary School PK - 08 458 10.1 07416
Hamburg School PK - 08 270 9.8 07419
Hardyston Township Elementary School PK - 04 415 11.9 07416
Lafayette Township School PK - 08 253 9.7 07848
Mohawk Avenue School 03 - 03 219 13.3 07871
Ogdensburg Borough School District KG - 08 264 9.9 07439
Sparta Alpine School PK - 02 608 13.8 07871

Middle Schools near Franklin, NJ

School Grades Students P/T Ratio ZIP
Hardyston Township Middle School 05 - 08 328 12.9 07419
Helen Morgan School 04 - 05 509 12.8 07871
Sparta Middle School 06 - 08 815 10.9 07871
Sussex County Charter School for Technology 06 - 08 225 10.6 07871

High Schools near Franklin, NJ

School Grades Students P/T Ratio ZIP
Sparta High School 09 - 12 1,142 11.8 07871
Wallkill Valley Regional High School District 09 - 12 655 11.4 07419

Ungraded Schools near Franklin, NJ

School Grades Students P/T Ratio ZIP
* Sussex County Technical School 09 - 12 748 11.8 07871
Northern Hills Academy PK - 12 38 25.3 07871

Demographics near Franklin, NJ

Metric City County
Neighborhood Type Small town
Population 5,521 144,492
Population Density 584 279
Median Age 50.4 44.9
People per Household 2.2 2.6
Median Household Income 80,264 101,645
Average Income per Capita 41,437 48,744