178 Main Street

Franklin, NJ 07416

$475,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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 in and have rental income. UPDATE: 1 BR Apartment is Now Vacant.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 in and have rental income. UPDATE: 1 BR Apartment is Now Vacant.
  1. Listed by ROSA COLLINS • WEICHERT REALTORS

Property Details for 178 Main Street

Directions
Rt 23 to Mabie St, Right on Rutherford, Left on Main St proceed to #178
Days On Market
34

Location

Listing Courtesy of WEICHERT REALTORS, ROSA COLLINS
Add your commute
LISTING UPDATED: 04/19/2024 03:04 PM

Property Details for 178 Main Street

StatusActive
MLS #3891191
Days on Market47
Taxes$7,771 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1920
Lot Size0.19 AC / 8,276 SF
CountySussex County

Location

Listing Courtesy of WEICHERT REALTORS, ROSA COLLINS
Add your commute

Building Information for 178 Main Street

Stories-Residences2Year Built1920Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$3,240 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,592

Property Taxes

$648

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 178 Main Street

Summary
Location and General Information
  • Middle/Jr High School: FRANKLIN
  • Grade School: FRANKLIN
  • High School: WALLKILL
  • Active Days on Market: 34
  • County #: Sussex
  • Town Name: Franklin Boro
  • Block Identifier: 607
  • Listing Type: Exclusive Right to Sell
  • Town #: 2806.0
  • Street # Display: 178.0
  • # Parking Spaces: 1
  • County Or Parish: Sussex
  • Street Name: Main St
  • Zip Code: 07416-1539
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $7,771
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 281900.0
  • Tax ID For Property: 2806-00607-0000-00020-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width
  • Garage Description: None
Property
Lot Information
  • Lot Description: Corner
  • Lot Identifier: 20
  • Approximate Lot Size: .188 AC
  • Total Acres: 0.19
  • Construction Date/Year Built: 1920
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 204200.0
  • Assessment Land: 77700.0
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Garbage Included
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: See Remarks
  • Heating: 2 Units, Radiators - Steam
  • Fuel Type: GasPropL,OilAbOut
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Shingle
  • Exterior Features: See Remarks
Interior Features
  • Interior Features: See Remarks
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 09-01-2024
  • Unit 1 Levels: 2.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Heat
  • Unit 1 Rent: 1900.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Porch
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 3150.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 07-01-2024
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Heat
  • Unit 2 Rent: 1300.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 3.0
  • Unit 2 Security Deposit: 400.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $9,999.00

Property History for 178 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 178 Main Street

Taxable ValueLand$77,700Additions$204,200Total$281,900
Tax Record2022$6,986 ($582 / month)
Home Facts
Beds0Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories2Lot Size8,189 SqFtStyleSingle Family ResidenceYear Built1920ZoningB-1CountySUSSEXAPN06 00607-0000-00020

Schools near 178 Main Street

This home is within Wallkill Valley Regional High School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Franklin Elementary School
PublicPK to 8

Wallkill Valley Reg High School
Public9 to 12

Immaculate Conception Regional School
PrivatePK to 8

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.

Similar Homes

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Similar Sold Homes

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178 Main Street is a multi-family home for sale in Franklin, NJ 07416. This property was listed for sale on March 16, 2024 by WEICHERT REALTORS, it's currently listed at $475,000. It has been on the market for a total of 47 days and was last sold on February 22, 2005. This listing's school districts are Wallkill Valley Regional High School District, Franklin Borough School District. Nearby schools include Franklin Elementary School, Wallkill Valley Reg High School and Immaculate Conception Regional School. 178 Main Street is a 4-bed, 2-bath, multi-family home built in 1920.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WEICHERT REALTORS, ROSA COLLINS

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