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Approved Duplex Home Lots
For Sale
Contact for pricing
Pending

127 Franklin St, Elizabeth, NJ 07206

Four vacant lots are approved for building four new two-family homes, sold as-is with unfinished environmental work.

Property SizeContact for details
Days on Market121

Property Features for 127 Franklin St

General Information

Standard status Pending
Property subtype Land
Listing Agency: Exit Realty Lucky Group
Listed By: Antonio Costa · License #NJ 9481169
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 5:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Realty Lucky Group

Investment Insights

Based on property information with market context.

The offering includes four vacant lots approved to build four new 2-family homes. The seller has completed some environmental work, but additional work remains unfinished. The property is being sold as-is, with the buyer responsible for completing the remaining work.

This is a for-sale land opportunity at 127 Franklin St in Elizabeth, New Jersey. The approval for construction provides a clear pathway for the planned duplex development, subject to completion of the remaining environmental items and any other work required to move forward.

Overall, this package is best suited for buyers looking to complete an approved multi-home development project from the current unfinished as-is condition.

Key Highlights

  • 4 vacant lots approved to build 4 new two‑family homes
  • Plans are for four separate 2‑family home builds (4 total units)
  • Seller completed some environmental work, but work is unfinished

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Parking Lot & Garage Catering Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,540
Businesses Nearby

Demographics for 07206, NJ

30,982
Population
9,712
Households
3.2
Avg Household Size
31
Median Age
8%
College-Educated
64%
High-School Grad
1.8 sq mi
ZIP Area
17,212
Density / Sq Mi
$60,992
Median Household Income
$38,541
Median Earnings
$1,543
Median Rent
$339,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Four vacant lots are approved for building four new two-family homes, sold as-is with unfinished environmental work.
Where is this residential land & home lot located?
The property is located at 127 Franklin St Elizabeth, NJ.
What are key features of this property?
This property features: 4 vacant lots approved to build 4 new two‑family homes; Plans are for four separate 2‑family home builds (4 total units); Seller completed some environmental work, but work is unfinished
More about this property
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