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Duplex with Two Three-Bedroom Units
For Sale
$229,900
Pending

6 FRANKLIN ST, Penns Grove, NJ 08069

Two-level income property with one unit under renovation and convenient access to the Delaware River and regional routes.

Property Size2,419 SF
Days on Market49

Property Features for 6 FRANKLIN ST

General Information

Standard status Pending
Size 2,419 SF
Property subtype Multi-family

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes
Listing Agency: OMNI Real Estate Professionals
Listed By: Michael DeFillippis · License #346196
Source: 360
Added: Sep 5 Changed: Oct 13 Last Checked: Oct 20 at 7:58PM

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 OMNI Real Estate Professionals

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Investment Insights

Based on property information with market context.

This 2,419-square-foot duplex contains two three-bedroom, one-bathroom units arranged across lower and upper levels. The lower unit is vacant and undergoing remodeling, while the upper unit is configured as a separate residence. The property sits on a deep lot and offers a residential income-property layout with two distinct living spaces.

The home is located two blocks from the Delaware River, with Route 130 only blocks away and Route 295 nearby. These connections provide access to surrounding communities and regional travel routes.

Key Highlights

  • 2,419‑square‑foot duplex with two separate residential units
  • Two 3 BR/1 BA units, including lower and upper levels
  • Lower‑level unit is vacant and undergoing remodeling

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby

Demographics for 08069, NJ

13,325
Population
5,838
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
87%
High-School Grad
15.9 sq mi
ZIP Area
838
Density / Sq Mi
$68,397
Median Household Income
$38,156
Median Earnings
$1,221
Median Rent
$184,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-level income property with one unit under renovation and convenient access to the Delaware River and regional routes.
Where is this duplex located?
The property is located at 6 FRANKLIN ST Penns Grove, NJ.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 2,419‑square‑foot duplex with two separate residential units; Two 3 BR/1 BA units, including lower and upper levels; Lower‑level unit is vacant and undergoing remodeling
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