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554 Franklin St Elizabeth, NJ $ 795,000
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$ 795,000 Get more info
554 Franklin St
$ 795,000
Back to search
Share Save

554 Franklin St

Elizabeth, NJ, 07206
$ 795,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 5,020

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Multi-Family Home for sale in Elizabeth, NJ

for $795,000 with 8 bedrooms and 4 full baths. This home was built in 1900 on a lot size of 0.06.

Welcome to 554 Franklin St, Elizabeth, NJ a well-configured four-family property offering an excellent opportunity for investors and owner-occupants alike. Each of the four apartments features a functional four-room layout with 2 bedrooms, 1 full bathroom, an eat-in kitchen, and a comfortable living room/dining room area. The consistent unit layouts provide practical living spaces and strong rental appeal. With four separate residential units under one roof, this property offers the potential for multiple income streams and long-term investment value. Conveniently located in Elizabeth with access to local shopping, dining, transportation, schools, major roadways, and nearby amenities. A great opportunity to add a solid multi-family property to your investment portfolio.

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Multi-Family Active

Price

$ 795,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,478

Style

2-Two Story

Lot Size

0.06

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4051521
Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater Forced Hot Air
Cooling Window A/C(s)
Utilities All Underground
Possession at closing
Roof Asphalt Shingle
Architectural Style 2-Two Story
Year Built 1900
Township Elizabeth City
Tax Year 2025
Gross Income 0
County Union
Net Operating Income 0
Operating Expense 0
Total Rooms 16
Full Baths 4
Status Active
Directions 6th st onto franklin st
Open Parking Spaces 0
Number Of Units Total 4
Tax Annual Amount 11478
Drive None
Standard Status Active
Tax Assessed Value 569100
Town # 2904
Tax Lot 2
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
PEDRO OLIVEIRA

Listing Agent

Re/Max In Action

Broker

Affordability Calculator

$5,976
Per Month
84%
16%
0%
Monthly Principal & Interest
$5,020
Monthly Property Taxes
$957
Monthly 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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/9/2026$795,000 Listed Price

Map

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554 Franklin St, Elizabeth, NJ, 07206 is a Multi-Family Home for sale at $795,000 with a lot size of 0.06. 554 Franklin St has 8 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 07206 which is in Elizabeth, NJ

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