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Newer 3BR First-Floor Rental
For Lease
$2,800/Mo

519 Franklin St, Elizabeth, NJ 07206

First-floor three-bedroom apartment with included utilities and on-site laundry on a two-unit property.

Space SizeContact for details
Property Size1,250 SF
Days on Market90

Property Features for 519 Franklin St

General Information

Standard status Active
Size 1,250 SF
Property subtype Multi Family
Lease Term 12 months

Additional Details

Multifamily Units 2

Building Details

Building Size 1,250 SF
Year Built 2023
Listing Agency:
Listed By: JOSE FERREIRA
Source: Elliman
Added: Jun 3 Changed: Aug 16 Last Checked: Aug 30 at 3:37PM

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 JOSE FERREIRA

Investment Insights

Based on property information with market context.

This is a first-floor apartment on a two-unit dwelling built in 2023, offered for rent beginning in June. The unit includes three bedrooms, a master bedroom suite, and two full bathrooms. Living and dining are combined, and there is a full kitchen. Laundry facilities are located on the ground floor, with machines supplied by the landlord and included as part of the rental.

The apartment is within a two-unit property and is available to be seen while the current tenant remains in place. Street parking is available, but parking is not included with the unit. Utilities are included in the rent, including gas, electric, and water.

This setup can work well for renters seeking a newer, straightforward layout with in-unit/ground-floor laundry and utility coverage. Pets are not allowed, and prospective tenants should plan for street parking since dedicated parking is not provided.

Key Highlights

  • 1st‑floor 3‑bedroom apartment in a two‑unit dwelling built in 2023
  • Master bedroom suite plus 2 full baths, with a living/dining combination and full kitchen
  • Utilities included: gas, electric, and water

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Garden Center Locksmith Catering Service

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

Lease Details

2
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,701
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - First-floor three-bedroom apartment with included utilities and on-site laundry on a two-unit property.
Where is this duplex located?
The property is located at 519 Franklin St Elizabeth, NJ.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: 1st‑floor 3‑bedroom apartment in a two‑unit dwelling built in 2023; Master bedroom suite plus 2 full baths, with a living/dining combination and full kitchen; Utilities included: gas, electric, and water
More about this property
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