523 Franklin St Elizabeth, NJ ^$ 715,000

523 Franklin St

^$ 715,000

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523 Franklin St

Elizabeth, NJ, 07206

^$ 715,000

Bedrooms8 Baths3.0

Monthly Estimate*

^$ 4,515

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Multi-Family Home for sale in Elizabeth, NJ

for $715,000 with 8 bedrooms and 3 full baths. This home was built in 1905 on a lot size of 0.06.

Great opportunity to own this 3 family income producing property, whether renting all 3 units, or owner occupying and renting. All units are newly renovated on each floor and have new stainless steel appliances. Backyard use for all occupants.

Multi-Family Pending

Price

^$ 715,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,932

Style

2-Two Story

Lot Size

0.06

Year Built

1905

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4034253

Features

Interior

Interior Amenities Carbon Monoxide Detector Fire Extinguisher Smoke Detector

Basement Full Unfinished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 3

Unit 2 Baths Total 1.0

Unit 2 Beds Total 2

Unit 3 Baths Total 1.0

Unit 3 Beds Total 3

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 8

General

Sewer Public Sewer

Heating 3 Units

Cooling None SeeRem WindowAC

Utilities Electric Gas-Natural

Possession At closing

Roof Flat

Architectural Style 2-Two Story

Year Built 1905

Garage None On-Street Parking

Township Elizabeth City

Tax Year 2025

Gross Income 0

County Union

Net Operating Income 0

Operating Expense 0

Total Rooms 16

Full Baths 3

Status Under Contract

Directions Elizabeth Ave to 6th Street to Franklin Street

Open Parking Spaces 0

Number Of Units Total 3

Tax Annual Amount 7932

Drive None

Standard Status Under Contract

Tax Assessed Value 393300

Town # 2904

Tax Lot 37

Exterior

Exterior Amenities Metal Fence Sidewalk

Water Source Public Water

Exterior Description Aluminum Siding

Lot Dimensions 25X100

Lot Size Acres 0.06

* Excluded Features

List By

ROSANN LARDIERI

Listing Agent

The Agency One Rock

Broker

roslar@comcast.net

Affordability Calculator

$5,176

Per Month

Monthly Principal & Interest: $4,515
Monthly Property Taxes: $661
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Elizabeth, NJ

Average List Price ^$819,261

Percent of Sale Price 15%

About Elizabeth, NJ

129,831 Population

8% Since 2002

^$46,469 Median Income

36.09 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/16/2026	$715,000	-1.38%	Price Down
6/12/2026	$725,000		Listed Price

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523 Franklin St, Elizabeth, NJ, 07206 is a Multi-Family Home for sale at $715,000 with a lot size of 0.06. 523 Franklin St has 8 bedrooms, 3.0 baths, and was built in 1905. The property's zip code is 07206 which is in Elizabeth, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

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.

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.

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523 Franklin St

Multi-Family Home for sale in Elizabeth, NJ

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