69 State Rt 23 Franklin, NJ $ 625,000
69 State Rt 23
$ 625,000
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69 State Rt 23

Franklin, NJ, 07416
$ 625,000
Bedrooms5 Baths3.1 Sq 3,651

Monthly Estimate*

$ 3,899

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Multi-Family Home for sale in Franklin, NJ

for $625,000 with 5 bedrooms and 3 full baths, 1 half bath. This 3,651 square foot home was built in 1920 on a lot size of 0.11.

Fantastic opportunity on highly visible Route 23! This building offers a spacious retail storefront on the main level along with three income-producing residential units above, making it ideal for investors or owner-operators seeking strong cash flow. The property features on-site parking, a full unfinished basement for storage, and flexible HC zoning that supports a wide variety of commercial uses. With excellent highway exposure, steady local traffic, and built-in rental income from the residential apartments, this property delivers exceptional value and long-term potential in the heart of Franklin.

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Multi-Family Active

Price

$ 625,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 13,546

Style

2-Two Story

Lot Size

0.11

Year Built

1920

Town/City

Franklin

County/Region

Sussex

MLS | Web ID

3999676

Features
Interior
Interior Amenities Carbon Monoxide Detector Fire Extinguisher
Basement Full Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
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 1
Fuel Type Oil Tank Above Ground - Inside
Half Baths 1
Total Bedrooms 5
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General
Sewer Public Sewer
Heating 1 Unit Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Gas In Street Gas-Propane
Possession Negotiable
Roof Asphalt Shingle
Water Heater Electric
Zoning HC-2
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1920
Township Franklin Boro
Tax Year 2024
Gross Income 999999
County Sussex
Net Operating Income 999999
Operating Expense 999999
Subdivision Name Rt 23 South
Total Rooms 10
Full Baths 3
Status Active
Directions Rt 23 South to 69.
High School WALLKILL
Open Parking Spaces 5
Number Of Units Total 4
Elementary School FRANKLIN
Tax Annual Amount 13546
Home Warranty Y/N No
Middle/Junior High School FRANKLIN
Drive 2 Car Width
Standard Status Active
Tax Assessed Value 523600
Town # 2806
Tax Lot 9
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Exterior
Water Source Private Well
Exterior Description Vinyl Siding
Building Area Total 3651
Lot Dimensions .107 AC
Lot Size Acres 0.11
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* Excluded Features
List By
JUSTIN JUBA

Listing Agent

Juba Team Realty

Broker

justinjuba@gmail.com

Email

Affordability Calculator

$5,028
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,899
Monthly Property Taxes
$1,129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
290735 Elementary School
289743 Middle School
Wallkill High School High School
Pricing History
DatePricePrice ChangeDescription
11/30/2025$625,000 Listed Price

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69 State Rt 23, Franklin, NJ, 07416 is a Multi-Family Home for sale at $625,000 with 3,651 sqft and a lot size of 0.11. 69 State Rt 23 has 5 bedrooms, 3.1 baths, and was built in 1920. The property's zip code is 07416 which is in Franklin, NJ