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Well-Maintained Two-Family Home

232 Franklin St Elizabeth, NJ 07206

232 Franklin St, Elizabeth, NJ, 07206
$670,000
For Sale
Claim this Listing
$670,000

Spacious two-family home in desirable location with income potential.

AddedMay 14
Days on Market64
Last RefreshJul 16 at 3:12 am

Property Features for 232 Franklin St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1915

Listing office RE/MAX 1st Advantage

Listing date May 14, 2026

Source Elliman

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 RE/MAX 1st Advantage


Investment Insights

Based on property information with market context.

This well-maintained two-family home presents an opportunity for both owner-occupants and investors. The property has been owner-occupied and never used as a rental. Both the first and second floors feature a living room, dining room, kitchen, and 2 bedrooms. The second floor also includes a tea room/sitting room. The third floor offers 3 additional finished rooms with large nearby closets. The property includes a patio area complete with a pergola. Additional updates include the removal of the oil tank. The property is located near shopping, transportation, schools, and major highways in a desirable Elizabeth location. The bike score is 53, making it bikeable, the walk score is 84, making it very walkable, and the transit score is 58, indicating good transit.

Key Highlights

  • Excellent location: Very Walkable (walkScore 84), Good Transit (transitScore 58), near shopping, transportation, schools, and major highways.
  • Spacious two‑family home suitable for owner‑occupants or investors.
  • Pride of ownership: Well‑maintained and owner‑occupied by the same family; never used as a rental.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Garden Center Parking Lot & Garage Daycare Center Catering Service (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Spacious two-family home in desirable location with income potential.
Where is this duplex located?
The property is located at 232 Franklin St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Excellent location: Very Walkable (walkScore 84), Good Transit (transitScore 58), near shopping, transportation, schools, and major highways.; Spacious two‑family home suitable for owner‑occupants or investors.; Pride of ownership: Well‑maintained and owner‑occupied by the same family; never used as a rental.
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