503 Franklin St, Elizabeth, NJ 07206

Elizabeth
Local realty services provided by:Better Homes and Gardens Real Estate Green Team
503 Franklin St,Elizabeth City, NJ 07206
$850,000
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kerwin lynch
Office: re/max first realty ii908-664-1500
MLS#:4055160
Source:NJ_GSMLS

Price summary

  • Price:$850,000

About this home

THE HOUSE IS ONLY PART OF THE OPPORTUNITY AT 503-505 FRANKLIN ST. THIS TWO-FAMILY SITS ON A DOUBLE LOT AND OFFERS A 3-CAR GARAGE PLUS APPROXIMATELY 6 ADDITIONAL PARKING SPACES, WITH THE GARAGES AND PARKING CURRENTLY PROVIDING ADDITIONAL INCOME. EACH UNIT FEATURES 2 BEDROOMS, 1 FULL BATH, AND GENEROUS LIVING SPACE, WHILE BONUS SPACE ON THE THIRD FLOOR AND A PARTIALLY FINISHED BASEMENT PROVIDE ADDITIONAL FLEXIBILITY. THE FIRST-FLOOR UNIT IS VACANT, WHILE THE SECOND-FLOOR TENANCY IS EXPECTED TO BE MONTH-TO-MONTH BEGINNING NEXT MONTH. INSIDE, YOU'LL FIND HARDWOOD FLOORS, SPACIOUS ROOMS, AND AN UPDATED KITCHEN WITH STAINLESS-STEEL APPLIANCES. OUTSIDE, A LARGE PAVED AREA, FRONT PORCH, 3-CAR GARAGE, AND EXTENSIVE OFF-STREET PARKING HELP SET THIS PROPERTY APART. WITH TWO RESIDENTIAL UNITS PLUS EXISTING GARAGE AND PARKING INCOME, 503-505 FRANKLIN ST OFFERS MULTIPLE INCOME SOURCES IN ONE PROPERTY.

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Home facts

  • Year built:1901
  • Listing ID #:4055160
  • Added:1 day(s) ago
  • Updated:September 25, 2026 at 10:02 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:12
  • Basement Description:Basement, Finished-Partially

Heating and cooling

  • Heating:2 Units

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1901
  • Lot area:0.12 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Aluminum Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$850,000
  • Tax amount:$10,734 (2025)

Features and amenities

  • Amenities:Gas In Street, Gas-Natural

Parking

  • Parking description:1 Car Width, Blacktop Driveway, Detached Garage, Driveway-Exclusive
  • Garage spaces:3
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. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. 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. Date Last Updated September 25, 2026

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