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$655,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 4 days ago
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Well-Welcome to a 2-family home featuring two separate units with a functional and practical layout. Each unit offers its own kitchen and living/dining area, creating comfortable and independent living spaces. The second unit features 3 bedrooms and 1 bathroom on the 1st level and 2 spacious rooms and a bathroom on the 2nd level that provides flexible space to accommodate a range of household needs. This multi-unit property provides a layout suitable for investors or buyers seeking flexible living arrangements, with thoughtful separation between units and efficient use of space throughout.

Full Property Details for 255 Franklin St

General

  • Price: $655,000
  • Taxes: $7,043 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4004736
  • Updated: 1/12/2026
  • Added to Site: 5 day(s) ago

Interior

  • Number of Rooms: 15

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Location

  • County: Union
  • Driving Directions: From 2nd St to 255 Franklin St

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: 2 Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Asphalt Shingles
  • Year Built: 1880

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living/Dining Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: On-Street Parking

Financial Considerations

  • Operating Expenses: $9,999
  • Assessment Amount: $233,300
  • Land Assmt: $132,800
  • Tax Amount: $7,043
  • Tax Year: 2024

Disclosures and Reports

  • Block: 790
  • Lot Number: 42

Listed by Monopoly Marc Realty Llc

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Listing agent

— 255 Franklin St —

  • Monopoly Marc Realty Llc

973-820-6330

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 255 Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Listed
$655,000
151.92%
MLS
12/11/2013
Sold
$260,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 255 Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,044
-24%
$366,100
1112%
2022
$9,235
2%
$30,200
—
2021
$9,044
5%
$30,200
—
2018
$8,620
-1%
$30,200
—
2019
$8,705
4%
$30,200
—
2017
$8,380
—
$30,200
—
2016
$8,380
6%
$30,200
—
2015
$7,882
9%
$30,200
—
2013
$7,217
—
$30,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 255 Franklin St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Monopoly Marc Realty Llc

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255 Franklin St, Elizabeth, NJ 07206 (MLS# 4004736) is a Multi-Family property with 2 units containing 8 bedrooms and 3 full bathrooms. 255 Franklin St is currently listed for $655,000 and was received on January 12, 2026. Want to learn more about 255 Franklin St? Do you have questions about finding other Multi-Family real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

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