16 Millstone Rd

$625,000
Price
Beds
2
Baths
1,952 Sq. Ft.
$320 / Sq. Ft.
1,952
Sq. Ft.
$320
per Sq. Ft.

Description

Discover the perfect blend of income potential and future possibilities at 16 Millstone Rd a well-maintained side-by-side duplex nestled on a huge corner lot. This rare opportunity offers two spacious, identical 3-bedroom 1 bath units, each delivering $1,695/month in rental income for a total of $3,390 monthly. With a desirable floor plan, huge space for parking and untapped upside, this property is an investor's dream in one of Somerset County's most sought-after towns. The house has a prime layout...Discover the perfect blend of income potential and future possibilities at 16 Millstone Rd a well-maintained side-by-side duplex nestled on a huge corner lot. This rare opportunity offers two spacious, identical 3-bedroom 1 bath units, each delivering $1,695/month in rental income for a total of $3,390 monthly. With a desirable floor plan, huge space for parking and untapped upside, this property is an investor's dream in one of Somerset County's most sought-after towns. The house has a prime layout for easy living and renting. Thoughtful side-by-side design ensures privacy while simplifying maintenanceperfect for owner-occupancy in one half and renting the other. The expansive corner lot has endless potential (The lot holds exciting possibilities for subdivision but you must verify with the town). Current rents are attractively low for the area, offering immediate rental upside with just some cosmetic updating. Priced to sell in today's competitive market, 16 Millstone Rd combines growth potential with development upside. Whether you're looking to live in one unit and rent out the other, or scaling your portfolio, 16 Millstone is one you want to check out immediately. Best and final for our listing at 16 Millstone Road, Franklin Twp is due before Sunday December 14th at 5pm.
  1. Listed by PETER TVERDOV • TVERDOV HOUSING

Property Details for 16 Millstone Road

Zoning
R7
Year Built
1960
Subdivision Name
New Brunswick Estates
LISTING UPDATED: 12/16/2025 06:22 PM

Property Details for 16 Millstone Road

StatusActive - Atty Revu
MLS #2608141R
Days on Market24
Taxes$7,771 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2 Family
Year Built1960
Lot Size0.32 AC / 14,000 SF
CountySomerset County

Location

Listing Courtesy of TVERDOV HOUSING, PETER TVERDOV
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Building Information for 16 Millstone Road

Stories2Residences-Year Built1960Building Size-Lot Size0.32 AC / 14,000 SF

Payment Calculator

$3,736 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,088

Property Taxes

$648

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16 Millstone Road

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: 4(+)Car Parking
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $7,771.00
  • Tax Year: 2024
  • Other Fees: $.00
Virtual Tour
Property
Lot Information
  • Building Area Total: 1952.0
  • Living Area: 1952.0
  • Living Area Units: Square Feet
  • Lot Features: Near Shopping, Corner Lot
  • Lot Size Acres: 0.3214
  • Lot Size Area: 0.3214
  • Lot Size Dimensions: 140.00 x 70.00
  • Lot Size Square Feet: 14000.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 0800139000000019
  • Photos Count: 35
Utilities
  • Sewer: Public Sewer
  • Utilities: See Remarks
Interior and Exterior Features
Interior Features
  • Cooling: A/C Wall Unit(s),A/C Window Unit(s)
  • Flooring: Unit 1 Carpet, Unit 2 Carpet
  • Gas: Natural Gas
  • Heating: Central, Forced Air
  • Heating: Yes
  • Interior Features: Unit 1(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Postal Code: 08873
  • Postal Code Plus4: 3652
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Basement: Full, Storage Space, Utility Room
  • Bathrooms Total: 2
  • Appliances: Water Heater(See Remarks,Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator)
  • # Heat Systems: 2
Exterior Features
  • Service: Garbage Included In Tax
  • Roof: Asphalt
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Lease Term: Unit 1(Month-Month), Unit 2(Month-Month)

Property History for 16 Millstone Road

DateEvent & SourcePriceAppreciation
Dec 2, 2025

Listed (Active)

CJMLS #2608141R

$625,000
DateEvent & SourcePrice
12/02/2025

Listed (Active)

CJMLS #2608141R

$625,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Millstone Road

Taxable ValueLand$227,800Additions$290,500Total$518,300
Tax Record2024$7,771 ($648 / month)
Home Facts
Beds0Total Finished SqFt1,952 SqFtAbove Grade Finished SqFt1,952 SqFtStories2Lot Size14,000 SqFtStyleSingle Family ResidenceYear Built1960ZoningR7CountySOMERSETAPN08 00139-0000-00019

Schools near 16 Millstone Road

This home is within Franklin Township Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Hillcrest Elementary School
PublicPK to 5

Franklin Middle School
Public6 to 8

Franklin Twp High School
Public9 to 12

Pine Grove Manor Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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16 Millstone Road is a multi-family home for sale in Somerset, NJ 08873. This property was listed for sale on December 3, 2025 by TVERDOV HOUSING, it's currently listed at $625,000. This listing's school district is Franklin Township Public School District. Nearby schools include Hillcrest Elementary School, Franklin Middle School and Franklin Twp High School. 16 Millstone Road is a 0-bed, 2-bath, 1,952 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TVERDOV HOUSING, PETER TVERDOV

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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: 12/28/2025 08:17 AM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 12/28/2025 08:17 AM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.