Date
Details
Price
Change
Source
9/12/2026
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$699,000
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1/19
Property Description
Great opportunity to own a spacious two-family home! Live in one unit and rent out the other, making this property an excellent opportunity for both owner-occupants and investors. The first-floor apartment is currently rented month-to-month and features 3 bedrooms, 1 full bathroom, living room, and eat-in kitchen. The second-floor unit offers 3 bedrooms, an additional office/flex space, living room, eat-in kitchen, and 2 full bathrooms. The third-floor attic provides 3 additional rooms that can be used as flexible living space, plus an additional full bathroom. Conveniently located near major highways for easy commuting, schools, shopping, restaurants, and entertainment, this property offers plenty of space and versatility in a desirable location. Don't miss this opportunity to own a multi-family property with excellent potential!
Full Property Details
Full Property Details for 257 Franklin St
General
- Price: $699,000
- Taxes: $8,753 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4052320
- Updated: 9/12/2026
- Added to Site: 27 day(s) ago
Interior
- Number of Rooms: 17
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Location
- County: Union
- Driving Directions: 3rd to Franklin St
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units, Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1880
- Remodeled/Updated: 2020
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Porch
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room, Porch
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
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: $301,200
- Land Assmt: $132,800
- Tax Amount: $8,753
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Personal items.
- Block: 790
- Lot Number: 43
Listed by Re/Max New Millennium Group
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Listing agent
— 257 Franklin St —
Re/Max New Millennium Group
908-282-1234
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 257 Franklin St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No. 28 Duarte-Marti School 25 1st Street, Elizabeth, NJ 07206 | PK-8 | 0.4 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.2 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.2 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.3 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 257 Franklin St
Estimate the Cost
Estimate the Cost for 257 Franklin St
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- Multi-Family
- Active
- Updated 2 days ago
- 8Total Beds
Listed by Re/Max Central
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
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- Updated 18 hours ago
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Listed by Weichert Realtors
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
Listed by Real
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
Listed by Keller Williams Realty
- Single Family
- Active
- Updated 5 days ago
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Listed by Re/Max New Millennium Group
- Multi-Family
- Active
- Updated 6 days ago
- 6Total Beds
Listed by Jill Guzman Realty
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- Multi-Family
- Closed
- 7Total Beds
Listed by Serhant New Jersey LLC
Sold by Outside Office
Sold by Outside Office
257 Franklin St, Elizabeth, NJ 07206 (MLS# 4052320) is a Multi-Family property with 2 units containing 9 bedrooms and 4 full bathrooms. 257 Franklin St is currently listed for $699,000 and was received on September 12, 2026. Want to learn more about 257 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.