322 Franklin Street

Elizabeth Port, NJ 07206

$660,000
Price
6
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to this beautifully renovated two-family home in the heart of Elizabeth, NJ, blending updated comfort with everyday practicality. Fully renovated in 2021, this property offers two spacious units, each with three bedrooms and two full bathrooms, including private master suites. Hardwood floors and recessed lighting run throughout the home, creating a warm and inviting atmosphere. Unit 1 features a finished basement with space for extra living, a potential bedroom, and an in-unit laundry facility....Welcome to this beautifully renovated two-family home in the heart of Elizabeth, NJ, blending updated comfort with everyday practicality. Fully renovated in 2021, this property offers two spacious units, each with three bedrooms and two full bathrooms, including private master suites. Hardwood floors and recessed lighting run throughout the home, creating a warm and inviting atmosphere. Unit 1 features a finished basement with space for extra living, a potential bedroom, and an in-unit laundry facility. The kitchen boasts a central island, ideal for meal prep and casual dining. Unit 2 spans the second and third floors, featuring an expansive, loft-like bedroom on the upper level and a large breakfast counter in the kitchen. Both kitchens are equipped with stainless steel appliance packages and up-to-date finishes that combine style and function seamlessly. All bathrooms have been fully renovated, adding to the property's appeal. Outside, the cozy backyard offers a quaint space for relaxation or low-key activities. Delivered vacant, this home allows for immediate personalization or rental opportunities. Conveniently located near shopping, major highways, and public transportation, commuting to NYC and surrounding areas is easy. Don't miss out on this versatile, beautifully renovated two-family home in one of Elizabeth's most accessible neighborhoods!
  1. Listed by MATTHEW TULLY • RE/MAX CENTRAL

Property Details for 322 Franklin Street

Directions
Via Elizabeth St turn right to 3rd St then left onto Franklin St
Days On Market
90
LISTING UPDATED: 01/25/2025 01:14 PM

Property Details for 322 Franklin Street

StatusUnder Contract
MLS #3931366
Days on Market90
Taxes$12,698 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1909
Lot Size0.06 AC / 2,613 SF
CountyUnion County

Building Information for 322 Franklin Street

Stories-Residences2Year Built1909Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 322 Franklin Street

Summary
Location and General Information
  • Active Days on Market: 91
  • Renovated Year: 2021
  • County #: Union
  • Town Name: Elizabeth City
  • Block Identifier: 731
  • Listing Type: Exclusive Right to Sell
  • Town #: 2904.0
  • Street # Display: 322.0
  • # Parking Spaces: 0
  • County Or Parish: Union
  • Street Name: Franklin St
  • Zip Code: 07206-1603
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $12,698
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 446600.0
  • Tax ID For Property: 2904-00731-0000-00006-0001-
  • Tax Rate Amount: $31
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 6.01
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1909
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 318300.0
  • Assessment Land: 128300.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Finished, Full
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 1 Rent: 2400.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living Room, Master Bedroom
  • Unit 1 Rooms: 10.0
  • Unit 1 Security Deposit: 3600.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 2 Rent: 2100.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
  • Unit 2 Rooms: 7.0
  • Unit 2 Security Deposit: 3150.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $16,800.00
  • Expenses Include: Hot & Cold Water, Insurance, Maintenance, Taxes
  • Net Operating Income: $37,200.00
  • Gross Operating Income: $54,000.00

Property History for 322 Franklin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 322 Franklin Street

Taxable ValueLand$128,300Additions$318,300Total$446,600
Tax Record2023$12,698 ($1,058 / month)
Home Facts
Total Finished SqFt1,992 SqFtAbove Grade Finished SqFt1,992 SqFtStories2Lot Size2,500 SqFtStyleDuplexYear Built1909CountyUNIONAPN04 00731-0000-00006- 01

Schools near 322 Franklin Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 2 to 8
Rating
School
Distance
No. 28 Duarte-Marti School
PublicPK to 8

Elizabeth High School
Public9 to 12

Jerome Dunn Academy No 9
PublicK to 8

Terence C. Reilly School #7
Public2 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX CENTRAL, MATTHEW TULLY

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/30/2025 09:18 AM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/30/2025 09:18 AM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.