Six-Bedroom
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 Market47
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
Changed: Oct 25
Last Checked: Oct 7 at 3:02PM
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
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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
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Location Intelligence
Trade Area within ½ mile
286
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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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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
