Residential Income

Franklin, NJ Residential Income Properties for Sale

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Mixed-Use Multifamily Property
Updated: Apr 24
Mixed-Use Multifamily Property

847 Hamilton Street, Franklin, NJ 08873

$1,175,000
3,360 sqft 0.11 AC lot
Multi‑use property with 3 residential apartments and 2 commercial stores
Current rental income of $9,000
Brick construction with central air conditioning
Public water and public sewer
Shingle roof
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Two-Family Residential Income Property
Updated: May 12
Two-Family Residential Income Property

51 Main St, Franklin, NJ 07416

$449,900
0.26 AC lot
Spacious 2‑family home built in 1920 with private yard, deck, storage shed, and plenty of parking
Unit 1: 1 bedroom and 1 full bath with an extra‑large eat‑in kitchen and living room with access to a private deck
Unit 2: second and third floors with 1 bedroom, kitchen, and updated full bath plus a walk‑up attic for additional living space
Basement has separate washer and dryer hookups for each unit
Public water and public sewer
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Two-Family Home with In-Law Suite
Two-Family Home with In-Law Suite

11 Mabie Street, Franklin, NJ 07416

$469,900
0.12 AC lot

Two-family residence includes a private in-law suite and separate entrances, with both units fully rented.

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Spacious Two-Family Home with Potential
Spacious Two-Family Home with Potential

51 Main St, Franklin, NJ 07416

$449,900

Versatile 2-family home, great for owner-occupants or investors.

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Two-Family Duplex with In-Law Suite
Two-Family Duplex with In-Law Suite

11 Mabie St, Franklin, NJ 07416

$469,900
0.12 AC lot

Two fully rented units, plus in-law suite, detached garage.

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Land with Greenhouse and Rentals
Land with Greenhouse and Rentals

Franklin, NJ 08540

$1,600,000

Nearly 8 acres with an income-producing home, a rented office/shop, and rear greenhouse building with fans.

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Residential Income Property with Ranch
Residential Income Property with Ranch

Franklin, NJ 08873

$1,500,000

Two family home plus a separate ranch home are rented, each served by septic and public water.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 7 Active listings in Franklin, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Residential Income Property
Two-Unit Residential Income Property

30 Crater Ave, Wharton, NJ 07885

$699,900
0.12 AC lot

Two well-laid-out units with off-street parking, private outdoor space, and a mostly finished basement.

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Side-by-Side Duplex with Walkout Basements
Side-by-Side Duplex with Walkout Basements

16-18 Lehigh St, Dover, NJ 07801

$749,000
0.11 AC lot

Updated two-family duplex features separate entrances to walkout basements and fully separate utilities for each unit.

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High-Income Multifamily Investment Property
High-Income Multifamily Investment Property

281 S Main St, Wharton, NJ 07885

$1,900,000
0.09 AC lot

Six-unit multifamily property in downtown Wharton with income potential.

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Dover Multifamily Property For Sale
Dover Multifamily Property For Sale

5 Dewey Street, Dover, NJ 07801

$750,000
987 sqft

Multifamily property in Dover, NJ, featuring 987 square feet.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Denville Township
Residential Land in Denville Township

44 Shongum Rd, Denville, NJ 07834

$229,000
6.70 AC lot

6.7 acre residential land for sale in Denville Township.

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Prime Development Opportunity in Morristown
Prime Development Opportunity in Morristown

Morris Plains, NJ 07950

$899,900
5.25 AC lot

5.25-acre parcel near Route 10, ideal for development.

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Unimproved Land Parcels For Sale
Unimproved Land Parcels For Sale

1563 Sussex Tpke, Randolph, NJ 07869

$925,000

Four land parcels with road frontage, easy access to roadways.

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Three Unimproved Land Parcels
Three Unimproved Land Parcels

1561 Sussex Tpke, Randolph, NJ 07869

$600,000

Three land parcels with road frontage, suitable for development.

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Off-Market Properties in Franklin, NJ

Consider similar Off-Market properties in Franklin, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

22 Carl Walsh Rd
APARTMENT HOUSE (UNDER 5 UNITS)

22 Carl Walsh Rd, Franklin, NJ 07416-1724

Value Estimation by Request
1,360 sqft 0.51 AC lot
View details
27-31 Church St, Unit 31
APARTMENT HOUSE (UNDER 5 UNITS)

27-31 Church St, Franklin, NJ 07416-1443

Unit 31
Value Estimation by Request
4,320 sqft 0.55 AC lot
View details
439 Rutherford Ave, Unit 445
APARTMENT HOUSE (UNDER 5 UNITS)

439 Rutherford Ave, Franklin, NJ 07416-1565

Unit 445
Value Estimation by Request
1,848 sqft 0.51 AC lot
View details
17 John Wilton St
APARTMENT HOUSE (UNDER 5 UNITS)

17 John Wilton St, Franklin, NJ 07416-1558

Value Estimation by Request
4,064 sqft 0.18 AC lot
View details

Franklin, NJ Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Franklin, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 3,360 square feet of properties for sale, with an estimated market value of $1,175,000.

Sale prices for residential income properties in Franklin, NJ start at $1,175,000, averaging $1,175,000, and reaching up to $1,175,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 6
Duplexes 4
Apartment buildings 1
Single family properties 1
Triplexes 1

Demographics Overview

Population 5,746
Population Growth (5Y) +5.8%
Median Household Income $90,869
College Educated 28.6%

High-Yield Neighborhoods for Investment

Identify Franklin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Franklin $443.8K
Somerset $1.2M

Taxes & Financing

Tax Rate (average for all types) 2.70%
Property Tax per SF $36.10 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sussex County

New Delisted

Total CRE Inventory on Market (SF)

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