Building Details

Year Built 1930

Buildings 2

Stories 2

Units 7

Listing Agency: JUBA TEAM REALTY j***@gmail.com Show Phone

Listed By: JUSTIN JUBA

Source: Elliman

Added: Aug 13 Changed: Aug 14 Last Checked: Aug 17 at 5:21AM

Report an Issue

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 JUBA TEAM REALTY

Investment Insights

Based on property information with market context.

Located at 58 Nestor St in Franklin, New Jersey, this apartment property contains seven units distributed between two separate buildings. The unit mix includes two two-bedroom, one-bath apartments, two one-bedroom, one-bath apartments, and one studio in the five-unit building, plus two one-bedroom units positioned above a two-car garage. A full basement is also included.

The property was built in 1930 and provides nine on-site parking spaces. Electric service is separately metered for each unit. Walk Score is 56 and Bike Score is 38, reflecting somewhat walkable and somewhat bikeable conditions. The property is offered for sale.

Key Highlights

• Seven apartment units arranged across two separate buildings
• Five‑unit building includes two 2‑bedroom units, two 1‑bedroom units, and 1 studio
• Two 1‑bedroom units located above a 2‑car garage

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Plumbing Service Bakery (Bike/Boat/Book/etc) Store Grocery & Convenience Store Barber Shop

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

7

Residential units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

350

Businesses Nearby

Explore this area Business Placement

Demographics for 07416, NJ

5,615

Population

2,837

Households

2

Avg Household Size

46

Median Age

22%

College-Educated

93%

High-School Grad

12.2 sq mi

ZIP Area

460

Density / Sq Mi

$90,869

Median Household Income

$50,978

Median Earnings

$1,346

Median Rent

$263,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Two-Story Retail and Office Building

3031 State Route 27, Franklin, NJ 08823

$1,300,000

8,320 SF

View details

Freestanding Versatile Commercial Building

137 S Rutherford Ave, Franklin, NJ 07416

$630,000

3,328 SF

View details

Mixed-Use Residential Income Property

847 Hamilton Street, Franklin, NJ 08873

$1,175,000

3,360 SF

View details

Two-Unit Duplex with Porch

11 Mabie Street, Franklin, NJ 07416

$440,000

0.12 Acres

View details

Medical Office With Exam Rooms

1553 Route 27, Franklin, NJ 08873

$787,500

3,500 SF

View details

Two-Family Duplex with In-Law Suite

11 Mabie St, Franklin, NJ 07416

$469,900

0.12 Acres

View details

Retail Office Suite with Basement

75 MAIN ST Unit 1, Franklin, NJ 07461

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Apartment building - Two separate buildings provide varied apartment layouts, a garage, basement, and on-site parking.

Where is this apartment building located?

The property is located at 58 Nestor St Franklin, NJ.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: Seven apartment units arranged across two separate buildings; Five‑unit building includes two 2‑bedroom units, two 1‑bedroom units, and 1 studio; Two 1‑bedroom units located above a 2‑car garage