638 Franklin St Elizabeth, NJ $ 599,000
638 Franklin St
$ 599,000
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638 Franklin St

Elizabeth, NJ, 07206
$ 599,000
Bedrooms6 Baths2.0 Sq 1,760

Monthly Estimate*

$ 3,688

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Multi-Family Home for sale in Elizabeth, NJ

for $599,000 with 6 bedrooms and 2 full baths. This 1,760 square foot home was built in 2021 on a lot size of 0.06.

Income-producing 2-family property in Elizabeth. Excellent Location and Great Value. First floor is long term Tenant Occupied on a month to month lease. 2nd Floor - currently being remodeled, long term tenant paying $2,200 recently moved out. Each unit offers functional layout with strong rental demand. Property sold as-is. Buyer responsible for all due diligence. Do not disturb tenants. Showings by appointment only.

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Multi-Family Active

Price

$ 599,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,658

Style

2-Two Story

Lot Size

0.06

Year Built

2021

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4020806

Features
Interior
Interior Amenities Carbon Monoxide Detector Fire Extinguisher Smoke Detector
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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General
Sewer Public Sewer
Heating Radiators - Hot Water
Cooling Wall A/C Unit(s)
Utilities Electric Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Architectural Style 2-Two Story
Year Built 2021
Garage On-Street Parking
Township Elizabeth City
Tax Year 2025
Gross Income 3950
County Union
Net Operating Income 3137
Operating Expense 813
Total Rooms 10
Full Baths 2
Status Active
Directions Elizabeth Ave to 7th Street to Franklin Street
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 7658
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 379700
Town # 2904
Tax Lot 6
Farm Assessment No
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Exterior
Exterior Amenities See Remarks
Water Source Public Water
Exterior Description Brick Vinyl Siding
Building Area Total 1760
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
FARHAN YOUSUFI

Listing Agent

Keller Williams City Views Realty

Broker

Fyousufi@kw.com

Email

Affordability Calculator

$4,326
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,688
Monthly Property Taxes
$638
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/15/2026$599,000 Listed Price

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638 Franklin St, Elizabeth, NJ, 07206 is a Multi-Family Home for sale at $599,000 with 1,760 sqft and a lot size of 0.06. 638 Franklin St has 6 bedrooms, 2.0 baths, and was built in 2021. The property's zip code is 07206 which is in Elizabeth, NJ