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Six-Bedroom Duplex
New
For Sale
$325,000

60-62 FRANKLIN Street, Penns Grove, NJ 08069

Multi-Family, PENNS GROVE, NJ

Property Size3,687 SF
Lot Size0.24 Acres
Price / SF$88.15
Days on Market5

Property Features for 60-62 FRANKLIN Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Subdivision NONE AVAILABLE
Elementary school FIELD STREET SCHOOL
Middle school PENNS GROVE
High school PENNS GROVE
Elementary school district PENNS GROVE-CARNEYS POINT SCHOOLS
Middle school district PENNS GROVE-CARNEYS POINT SCHOOLS
High school district PENNS GROVE-CARNEYS POINT SCHOOLS
Standard status Active
Size 3,687 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Annual Amount 4519

Utilities

Heating system Other (Heating)

Building Details

Year built 1910
Number of units 1
Building materials Vinyl Siding
Listing Agency: Family Five Homes
Listed By: Harrison Coblentz · License #2187255
Added: Aug 25 Last Checked: Aug 29 at 12:06AM
MLS# NJSA2019906

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property is a two-unit duplex totaling 3,687 square feet on a 0.2379-acre lot. Each residence includes six bedrooms, providing an unusually large residential configuration within the building. The structure dates to 1910 and features vinyl siding, a basement, and on-street parking.

Both units are occupied, including one with Section 8 income and another with a tenancy extending more than 40 years. The second unit has been occupied since November 2023. Located at 60-62 Franklin Street in Penns Grove, New Jersey, the property carries ZIP Code 08069 and is situated in Salem County.

Key Highlights

  • Two‑unit duplex with 3,687 square feet of building area
  • Each unit contains 6 bedrooms
  • Both residential units are currently occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Electrical Service Kitchen & Bath Showroom Parking Lot & Garage

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

286
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two occupied residential units offer six bedrooms apiece, with vinyl siding, a basement, and on-street parking.
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 $325,000.
What are key features of this property?
This property features: Two‑unit duplex with 3,687 square feet of building area; Each unit contains 6 bedrooms; Both residential units are currently occupied
More about this property
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