Six-Bedroom
For Sale
$299,900
60-62 Franklin Street, Penns Grove, NJ 08069
Both residences are occupied, with six bedrooms in each unit.
Property Size3,687 SF
Price / SF$81.34
Days on Market64
Property Features for 60-62 Franklin Street
General Information
Standard status
Active
Size
3,687 SF
Property subtype
Multi Family Home
Zoning
RES
Occupancy
100%
Additional Details
Gross Income
$40,800
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,519
Amenities
Sidewalks
Street Lights
Building Details
Building Size
3,687 SF
Year Built
1910
Units
1
Tenancy
Multi
Listing Agency:
DePalma Realty
(856) 825-5500
Listed By:
Larry J. DePalma · License #7839819
(856) 364-6697
Source:
Depalmarealty
Added: Aug 25
Changed: Oct 25
Last Checked: Oct 26 at 3:42AM
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 DePalma Realty
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 3,687 square feet, with six bedrooms in each residence. The property was built in 1910 and carries RES zoning. Both units are occupied; one has a tenant with more than 40 years of occupancy, and one unit receives Section 8 income.
Located at 60-62 Franklin Street in Penns Grove, New Jersey, the property is identified as a duplex with two residential units.
Located at 60-62 Franklin Street in Penns Grove, New Jersey, the property is identified as a duplex with two residential units.
Key Highlights
- Two units, each with 6 bedrooms
- 3,687 square feet
- Both units currently occupied
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with six bedrooms in each unit.
Where is this duplex located?
The property is located at 60-62 Franklin Street Penns Grove, NJ.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two units, each with 6 bedrooms; 3,687 square feet; Both units currently occupied
