257 Franklin St Elizabeth, NJ $ 699,000
257 Franklin St
$ 699,000
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257 Franklin St

Elizabeth, NJ, 07206
$ 699,000
Bedrooms9 Baths4.0

Monthly Estimate*

$ 4,414

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Multi-Family Home for sale in Elizabeth, NJ

for $699,000 with 9 bedrooms and 4 full baths. This home was built in 1880 on a lot size of 0.06.

Great opportunity to own a spacious two-family home! Live in one unit and rent out the other, making this property an excellent opportunity for both owner-occupants and investors. The first-floor apartment is currently rented month-to-month and features 3 bedrooms, 1 full bathroom, living room, and eat-in kitchen. The second-floor unit offers 3 bedrooms, an additional office/flex space, living room, eat-in kitchen, and 2 full bathrooms. The third-floor attic provides 3 additional rooms that can be used as flexible living space, plus an additional full bathroom. Conveniently located near major highways for easy commuting, schools, shopping, restaurants, and entertainment, this property offers plenty of space and versatility in a desirable location. Don't miss this opportunity to own a multi-family property with excellent potential!

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Multi-Family Active

Price

$ 699,000

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 8,753

Style

3-Three Story

Lot Size

0.06

Year Built

1880

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4052320

Features
General
Sewer Public Sewer
Heating 2 Units Radiators - Hot Water
Cooling None
Utilities Electric Gas-Natural
Possession Immediately
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 3-Three Story
Exclusions Personal items.
Year Built 1880
Township Elizabeth City
Tax Year 2025
Gross Income 9999
County Union
Net Operating Income 9999
Operating Expense 9999
Total Rooms 17
Full Baths 4
Status Active
Directions 3rd to Franklin St
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 8753
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 434000
Town # 2904
Tax Lot 43
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 9
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
WENDY BANEGAS

Listing Agent

Re/Max New Millennium Group

Broker

Banegaseli@yahoo.com

Email

Affordability Calculator

$5,143
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,414
Monthly Property Taxes
$729
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
Pricing History
DatePricePrice ChangeDescription
9/12/2026$699,000 Listed Price

Map


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257 Franklin St, Elizabeth, NJ, 07206 is a Multi-Family Home for sale at $699,000 with a lot size of 0.06. 257 Franklin St has 9 bedrooms, 4.0 baths, and was built in 1880. The property's zip code is 07206 which is in Elizabeth, NJ