Six-Bedroom
New
For Sale
$325,000
60 60-62 Franklin St, Penns Grove, NJ 08069
Fully occupied two-unit property with established tenants and Section 8 income on one side.
Property Size3,687 SF
Price / SF$88.15
Days on Market2
Property Features for 60 60-62 Franklin St
General Information
Standard status
Active
Size
3,687 SF
Property subtype
Multi-Family
Building Details
Year Built
1910
Listing Agency:
Family Five Homes
Listed By:
Harrison Coblentz · License #2187255
(856) 628-6721
Source:
Soldbypattie
Added: Sep 11
Last Checked: Sep 11 at 2:24PM
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 Family Five Homes
Investment Insights
Based on property information with market context.
This duplex at 60-62 Franklin Street contains 3,687 square feet and was built in 1910. Each of the two units includes six bedrooms, creating a substantial residential configuration for tenants seeking ample living space. Both units are occupied, and the property has an established rental history. One side has received Section 8 income, while the other has been occupied by a long-term resident for more than 40 years.
Located in Penns Grove, New Jersey, the property offers two separate residential units within a single duplex asset. The address is 60-62 Franklin Street, Penns Grove, NJ 08069. Its two-unit layout, large bedroom counts, and existing occupancy provide a defined structure for an investor evaluating current rental operations and future leasing strategy.
Located in Penns Grove, New Jersey, the property offers two separate residential units within a single duplex asset. The address is 60-62 Franklin Street, Penns Grove, NJ 08069. Its two-unit layout, large bedroom counts, and existing occupancy provide a defined structure for an investor evaluating current rental operations and future leasing strategy.
Key Highlights
- Two‑unit duplex with 3,687 square feet
- Six bedrooms in each unit
- Both units currently occupied
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied two-unit property with established tenants and Section 8 income on one side.
Where is this duplex located?
The property is located at 60 60-62 Franklin St Penns Grove, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with 3,687 square feet; Six bedrooms in each unit; Both units currently occupied
