523 Franklin St, Elizabeth, NJ 07206

Building Details

Year Built

1905

Listing office r***@comcast.net Show Phone

Listing date Jun 18, 2026

Source Elliman

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Overview

This for-sale triplex offers three income-producing units configured for either full rental or owner occupancy with tenant help. The public remarks indicate each unit has been newly renovated on each floor and includes new stainless steel appliances, supporting an owner or tenant experience that is ready to rent. The property also includes backyard use for all occupants, creating shared outdoor space tied to the residential units.

The property is described as very walkable, with a walkScore of 84, and good transit, with a transitScore of 58. It is also bikeable, with a bikeScore of 53. These location attributes may be particularly useful for prospective tenants who prefer easy access to daily services and transit options.

From a practical leasing or ownership standpoint, the layout supports flexible use: owners can rent all three units to generate income, or occupy one unit while leasing the others. Because the renovations and new stainless steel appliances are explicitly noted, the property may appeal to buyers seeking a turn-key, update-forward residential income asset without needing to coordinate immediate in-unit upgrades.

Suggested Use

Real Estate Agency Law Firm Dental Office Nursing Home Garden Center Acupuncture Clothing & Fashion Store Nursing Home Daycare Center Catering Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Elizabeth

County

Union

State

New Jersey

Longitude

-74.1970788

Latitude

40.6557031

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FAQs

What type of property is this?

Triplex - Newly renovated three-unit property with stainless steel appliances and shared backyard space for all occupants.

Where is this triplex located?

The property is located at 523 Franklin St Elizabeth, NJ.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: Three‑family income‑producing property built in 1905; All units are newly renovated and feature new stainless steel appliances; Options to rent all three units or owner‑occupy and rent the others