418 Franklin Street

Elizabeth Port, NJ 07206

$617,000
Last Sold Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Multiple offers. Highest and best due by thursday, oct 12 by 5pm. Amazing opportunity to own this recently updated 8 BEDROOM multi family unit. .4 miles to the new Elizabeth Fast Ferry to NYC. On a great street close to public transportation. Home has been recently updated. Great layout in this property! Beautiful open front porch. 1st flr has 3 bedrooms, one full bath, large living room, large eat in kitchen &an enclosed rear porch (great for storage). Beautifully decorated and move in ready. Second...Multiple offers. Highest and best due by thursday, oct 12 by 5pm. Amazing opportunity to own this recently updated 8 BEDROOM multi family unit. .4 miles to the new Elizabeth Fast Ferry to NYC. On a great street close to public transportation. Home has been recently updated. Great layout in this property! Beautiful open front porch. 1st flr has 3 bedrooms, one full bath, large living room, large eat in kitchen &an enclosed rear porch (great for storage). Beautifully decorated and move in ready. Second flr apartment is same layout as the 1st floor apartment with 3 bedrooms, one full bath, large living room, large eat in kitchen and also an enclosed rear porch- tenant is month to month . The 3rd flr of the property has 2 bedrooms, full bath &living rm/kitchen combination, updated look and painted in grey and white- vacant. Basement is partially finished with exterior stairs and full size entry door accessed through the rear yard- privacy! Basement is freshly painted, clean and ready for your entertainment needs, there is a finished entertainment rm and full bath in the basement. Fenced yard. Utilities and laundry located in basement. Electric and gas are separate utilities. Water and sewer are shared. Hot water baseboard gas heat. Owners have made improvements. Property is sold As Is. Sellers will acquire CCO and Smoke Cert. Quiet neighborhood with quick access to public transportation, shopping &houses of worship. Buyer to perform due diligence on Elizabeth tax reassessments.
  1. Listed by LINDA QUICK • KELLER WILLIAMS GREATER BRUNSWICK

Property Details for 418 Franklin Street

Directions
4th or 5th St to Franklin St
Days On Market
33
Section/Subdiv/Development
Near Elizabeth Fast Ferry

Location

Add your commute
LISTING UPDATED: 01/05/2024 11:54 AM

Property Details for 418 Franklin Street

StatusSold
MLS #3867179
Days on Market33
Taxes$7,767 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.06 AC / 2,613 SF
CountyUnion County

Location

Add your commute

Building Information for 418 Franklin Street

Stories-Residences2Year Built1900Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,014 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,367

Property Taxes

$647

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 418 Franklin Street

Summary
Location and General Information
  • Active Days on Market: 19
  • Renovated Year: 2023
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 679
  • Listing Type: Exclusive Right to Sell
  • Color of Building: white
  • Town #: 2904.0
  • Street # Display: 418.0
  • # Parking Spaces: 0
  • County Or Parish: Union
  • Street Name: Franklin St
  • Zip Code: 07206-1207
  • 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: $7,767
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 25400.0
  • Tax ID For Property: 2904-00679-0000-00020-0000-
  • Tax Rate Amount: $31
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 20
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1900
Property and Assessments
  • Assessment Bldg: 18800.0
  • Assessment Land: 6600.0
  • Farm Assessment: No
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Electric, Gas-Natural
  • Heating: 2 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
  • Exterior Features: Enclosed Porch(es), Open Porch(es)
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, Smoke Detector, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Ceiling Fan(s), Kitchen Exhaust Fan, Range/Oven - Gas, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, Porch, Storage
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 991.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1410.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, Porch, Storage
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 991.0
Unit 3 Information
  • Unit 3 Appl/Equip: Range/Oven - Electric, Refrigerator
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Attic, Bedrooms, Eat-In Kitchen
  • Unit 3 Rooms: 3.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $7,767.00
  • Expenses Include: Taxes
  • Net Operating Income: $9,153.00
  • Gross Operating Income: $16,920.00
Rental
Rental Information
  • Home Warranty: false

Property History for 418 Franklin 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 418 Franklin Street

Taxable ValueLand$6,600Additions$18,800Total$25,400
Tax Record2022$7,767 ($647 / month)
Home Facts
Total Finished SqFt1,982 SqFtAbove Grade Finished SqFt1,982 SqFtStories2Lot Size2,500 SqFtStyleDuplexYear Built1900CountyUNIONAPN04 00679-0000-00020

Schools near 418 Franklin Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - K to 8
Rating
School
Distance
Elizabeth High School
Public9 to 12

Terence C. Reilly School #7
PublicPK to 8

Jerome Dunn Academy No 9
PublicK 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.

Neighborhood Map and Transit

Similar Homes

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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 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 KELLER WILLIAMS GREATER BRUNSWICK, LINDA QUICK

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 05/02/2024 10:03 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.