55 Frank St

Somerset, NJ 08873

$625,000
Price
—
Beds
2
Baths
2,349 Sq. Ft.
$266 / Sq. Ft.
2,349
Sq. Ft.
$266
per Sq. Ft.
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Under Contract
Under Contract
a front view of a house with garden
a view of house with outdoor space
an aerial view of multiple house
a living room with furniture a refrigerator and a flat screen tv
a living room with furniture and a large window
a dining room with furniture a rug and a large window
a storage room with washer and dryer
a living room with furniture gym equipment and a large window
a bathroom with a sink a toilet and a mirror
a living room with furniture
a bedroom with bed and a window
a bedroom with bed and a window
a view of an entryway with staircase
a bathroom with a toilet sink and mirror
a view of entryway
a bedroom with furniture and a large window
a bed room with furniture and a flat screen tv
a view of a room with gym equipment
a living room with furniture and a flat screen tv
a bedroom with a bed and a chandelier
a living room with furniture and a couch
a room with furniture and a chandelier
a bathroom with a toilet a sink and mirror
a large kitchen with a table and chairs
a view of a dining room with furniture and a chandelier
a view of a dining room with furniture
a view of storage and utility room
a view of a house with a yard
a view of a house with backyard and sitting area
a view of a yard with a car parked in front of it

Description

Looking for a property that practically prints money while you sip coffee on the couch? Say hello to 55 Frank Street - now it can be yours. This is a Side-by-Side Duplex - Two 3-bedroom units. Bring your calculator and maybe a wheelbarrow for all the future cash flow! This property screams value add potential! Current rents: $1,650 and $1,600/month - both tenants month-to-month. Classic Somerset location - close to everything, far from nothing, and minutes from Route 287. Property being sold AS-IS,...Looking for a property that practically prints money while you sip coffee on the couch? Say hello to 55 Frank Street - now it can be yours. This is a Side-by-Side Duplex - Two 3-bedroom units. Bring your calculator and maybe a wheelbarrow for all the future cash flow! This property screams value add potential! Current rents: $1,650 and $1,600/month - both tenants month-to-month. Classic Somerset location - close to everything, far from nothing, and minutes from Route 287. Property being sold AS-IS, buyer responsible for closing with a temporary CO. Properties like this don't just grow on trees - they grow equity, appreciation, and wealth. Start your investing journey or add this to your rental portfolio...whatever you decide, hurry, this won't last long!
  1. Listed by PETER TVERDOV • TVERDOV HOUSING

Property Details for 55 Frank Street

Zoning
R7
Year Built
1965
Subdivision Name
New Brunswick Estates
LISTING UPDATED: 01/21/2026 10:18 AM

Property Details for 55 Frank Street

StatusUnder Contract
MLS #2608164R
Days on Market48
Taxes$7,858 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2 Family
Year Built1965
Lot Size0.29 AC / 12,502 SF
CountySomerset County
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Location

Listing Courtesy of TVERDOV HOUSING, PETER TVERDOV
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Building Information for 55 Frank Street

Stories2Residences-Year Built1965Building Size-Lot Size0.29 AC / 12,502 SF

Payment Calculator

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$3,701 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,046

Property Taxes

$655

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 55 Frank Street

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Attached Garage: Yes
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Garage, Attached, Detached, 4(+)Car Parking
Owner
  • Ownership: Trust
Taxes and HOA Information
  • Tax Annual Amount: $7,858.00
  • Tax Year: 2024
  • Other Fees: $.00
Virtual Tour
Property
Lot Information
  • Building Area Total: 2349.0
  • Living Area: 2349.0
  • Living Area Units: Square Feet
  • Lot Features: Near Shopping, Corner Lot
  • Lot Size Acres: 0.287
  • Lot Size Area: 0.287
  • Lot Size Dimensions: 100.00 x 100.00
  • Lot Size Square Feet: 12502.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 0800137000000001
  • Photos Count: 33
Utilities
  • Sewer: Public Sewer
  • Utilities: Gas In Street
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
  • Gas: Natural Gas
  • Heating: Baseboard, Radiant
  • Heating: Yes
  • Interior Features: Unit 1(3 Bedrooms,Kitchen,Living Room,1 1/2 Baths), Unit 2(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: 3614
  • 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
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Lease Term: Unit 1(Month-Month), Unit 2(Month-Month)

Property History for 55 Frank Street

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Active Under Contract

CJMLS #2608164R

—
Dec 3, 2025

Listed (Active)

CJMLS #2608164R

$625,000—
May 4, 2004

Sold (Public Record)

Public Record #247692116

$325,000—
DateEvent & SourcePrice
01/21/2026

Active Under Contract

CJMLS #2608164R

—
12/03/2025

Listed (Active)

CJMLS #2608164R

$625,000
05/04/2004

Sold (Public Record)

Public Record #247692116

$325,000

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

Public Records for 55 Frank Street

Taxable ValueLand$225,200Additions$270,800Total$496,000
Tax Record2024$7,858 ($655 / month)
Home Facts
Beds0Total Finished SqFt2,349 SqFtAbove Grade Finished SqFt2,349 SqFtStories2Lot Size12,500 SqFtStyleSingle Family ResidenceYear Built1965ZoningR7CountySOMERSETAPN08 00137-0000-00001

Schools near 55 Frank Street

This home is within Franklin Township Public School District.
Rating
School
Type
Grades
Distance
Hillcrest Elementary School
Public - PK to 5
Franklin Middle School
Public - 6 to 8
Franklin Twp High School
Public - 9 to 12
Pine Grove Manor Elementary School
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.

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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: 03/08/2026 05:52 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 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: 03/08/2026 05:52 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.