Date
Details
Price
Change
Source
6/12/2026
Listed
$725,000
—
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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1/43
$725,000 Just Listed
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Property Description
Great opportunity to own this 3 family income producing property, whether renting all 3 units, or owner occupying and renting. All units are newly renovated on each floor and have new stainless steel appliances. Backyard use for all occupants. Additional photos will be added.
Full Property Details
Full Property Details for 523 Franklin St
General
- Price: $725,000
- Taxes: $7,932 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4034253
- Updated: 6/12/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Metal Fence, Sidewalk
Parking
- Garage Description: None, On-Street Parking
Location
- County: Union
- Driving Directions: Elizabeth Ave to 6th Street to Franklin Street
Heating & Cooling
- Cooling Type: No Cooling, See Remarks, Window Air Conditioning
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Flat
- Year Built: 1905
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $260,500
- Land Assmt: $132,800
- Tax Amount: $7,932
- Tax Year: 2025
Disclosures and Reports
- Block: 660
- Lot Number: 37
Listed by CHRISTIE'S INT. REAL ESTATE GROUP
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 523 Franklin St —
CHRISTIE'S INT. REAL ESTATE GROUP
908-451-2685
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 523 Franklin St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Sonia Sotomayor School No 25 525 1st Avenue, Elizabeth, NJ 07206 | PK-8 | 0.1 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.9 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.6 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 523 Franklin St
Tax History
Tax History for 523 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,567
-18%
$393,300
—
2023
$9,272
3%
$393,300
1233%
2022
$9,021
6%
$29,500
—
2021
$8,537
1%
$29,500
—
2018
$8,420
3%
$29,500
—
2017
$8,185
—
$29,500
—
2016
$8,186
6%
$29,500
—
2015
$7,699
-9%
$29,500
—
2019
$8,503
21%
$29,500
—
2013
$7,050
—
$29,500
—
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
Estimate the Cost for 523 Franklin St
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- Multi-Family
- Closed
- Updated 4 days ago
Listed by Lisa Taylor and Donato Lupinacci
523 Franklin St, Elizabeth, NJ 07206 (MLS# 4034253) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 523 Franklin St is currently listed for $725,000 and was received on June 12, 2026. Want to learn more about 523 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.