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$440,000 Just Listed
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Property Description
Opportunity awaits at 1 Pearl Place! Located on a desirable corner lot in the Somerset section of Franklin Township, this home offers strong potential for buyers looking to renovate and add value. Featuring a functional layout and a prime location, the property is well-situated near major highways, Rutgers University, shopping, dining, parks, and public transportation. The home presents a great opportunity to customize and restore to your vision.
Full Property Details
Full Property Details for 1 Pearl Pl
General
- Price: $440,000
- Taxes: $5,385 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4033812
- Updated: 6/13/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 5
- Lower Level: Toilet
- Appliances: Dishwasher, Dryer, Gas Range and Oven, Refrigerator, Washer
- Flooring: Carpeting, Tile, Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedroom 1: 14 x 15, First
- Bedroom 2: 10 x 13, First
Other Rooms
- Living Room: 16 x 15, First
- Kitchen: Galley Type, 8 x 16, First
- Dining Room: 7 x 16, First
- Other Room 1: Attic
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage
Location
- County: Somerset
- Driving Directions: Easton Ave to Home Street to Pearl Place. Property is located at the corner of Home Street and Pearl Place, Somerset, NJ 08873
Heating & Cooling
- Cooling Type: Central Air Conditioning, See Remarks
- Heating Type: Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric
Structural Information
- Architectural Style: Ranch
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: 50 x 100 AVG
- Driveway/Sidewalk: 1 Car Width
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $335,800
- Land Assmt: $209,600
- Tax Amount: $5,385
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Disclosures: Yes
- APN: 2708-00181-0000-00063-0000-
- Block: 181
- Lot Number: 63
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Schools
Schools serving 1 Pearl Pl
School District:Franklin Township School District, Franklin Township, NJ
| Name | Grades | Distance |
|---|---|---|
Elizabeth Avenue Elementary School 363 Elizabeth Avenue, Franklin Township, NJ 08873 | PK-5 | 5.1 mi |
Franklin Middle School 415 Francis Street, Franklin Township, NJ 08873 | 6-8 | 1.3 mi |
Franklin Twp High School 500 Elizabeth Avenue, Franklin Township, NJ 08873 | 9-12 | 5.1 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 1 Pearl Pl
Date
Details
Price
Change
Source
6/13/2026
Listed
$440,000
151.43%
MLS
8/01/2012
Sold
$175,000
—
Public Record
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
Tax History for 1 Pearl Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,375
3%
$305,800
4%
2023
$5,242
2%
$295,000
9%
2022
$5,124
—
$270,200
8%
2022
$5,124
9%
$250,200
19%
2021
$4,685
—
$210,200
2%
2021
$4,685
14%
$205,200
17%
2018
$4,103
6%
$175,200
6%
2017
$3,884
-2%
$165,200
-1%
2016
$3,964
-15%
$167,200
-16%
2019
$4,641
17%
$200,200
19%
2015
$3,961
2%
$168,200
-1%
2013
$3,894
—
$169,200
—
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
Estimate the Cost for 1 Pearl Pl
1 Pearl Pl, Franklin Township, NJ 08873 (MLS# 4033812) is a Single Family property with 2 bedrooms and 1 full bathroom. 1 Pearl Pl is currently listed for $440,000 and was received on June 13, 2026. Want to learn more about 1 Pearl Pl? Do you have questions about finding other Single Family real estate for sale in Franklin Township? You can browse all Franklin Township real estate or contact a Coldwell Banker agent to request more information.

