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Duplex with Finished Basement

617 Franklin St, Elizabeth, NJ 07206

For Sale
$895,000

Both residences have full kitchens and in-unit laundry rooms.

Property SizeContact for details
Days on Market25

Property Features for 617 Franklin St

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi Family Home

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Amenities

in-unit laundry
finished basement
Carbon Monoxide Detector
Fire Extinguisher
Smoke Detector
Tile Floors
Wood Floors

Building Details

Year Built 2003
Units 2
Listing Agency: Weichert Realtors
Listed By: Martha Carrington
Source: Cammarotarealestate
Added: Oct 16 Changed: Nov 7 Last Checked: Nov 8 at 11:57PM

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 Weichert Realtors

Rey
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Investment Insights

Based on property information with market context.

Built in 2003, this duplex contains two residences, each with three bedrooms, two full bathrooms, a kitchen, and an in-unit laundry room. A finished basement adds interior space. The property is being sold as-is and will not be delivered vacant.

Shopping centers, schools, public transportation, and major highways are nearby. The buyer is responsible for obtaining the certificate of occupancy and fire certification.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 full bathrooms
  • Finished basement
  • Built in 2003

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,701
Businesses Nearby

Demographics for 07206, NJ

30,982
Population
9,712
Households
3.2
Avg Household Size
31
Median Age
8%
College-Educated
64%
High-School Grad
1.8 sq mi
ZIP Area
17,212
Density / Sq Mi
$60,992
Median Household Income
$38,541
Median Earnings
$1,543
Median Rent
$339,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Elizabeth, NJ

$301 Jul
$259 Aug
$362 Sep
$330 Oct

Properties on Market for Duplexes in Elizabeth

Jul
Aug
Sep
Oct

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 - Both residences have full kitchens and in-unit laundry rooms.
Where is this duplex located?
The property is located at 617 Franklin St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; Finished basement; Built in 2003
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