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$625,000
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Property Description
Discover the perfect blend of income potential and future possibilities at 16 Millstone Rd a well-maintained side-by-side duplex nestled on a huge corner lot. This rare opportunity offers two spacious, identical 3-bedroom 1 bath units, each delivering $1,695/month in rental income for a total of $3,390 monthly. With a desirable floor plan, huge space for parking and untapped upside, this property is an investor's dream in one of Somerset County's most sought-after towns. The house has a prime layout for easy living and renting. Thoughtful side-by-side design ensures privacy while simplifying maintenanceperfect for owner-occupancy in one half and renting the other. The expansive corner lot has endless potential (The lot holds exciting possibilities for subdivision but you must verify with the town). Current rents are attractively low for the area, offering immediate rental upside with just some cosmetic updating. Priced to sell in today's competitive market, 16 Millstone Rd combines growth potential with development upside. Whether you're looking to live in one unit and rent out the other, or scaling your portfolio, 16 Millstone is one you want to check out immediately. Best and final for our listing at 16 Millstone Road, Franklin Twp is due before Sunday December 14th at 5pm.
Full Property Details
Full Property Details for 16 Millstone Rd
General
- Price: $625,000
- Taxes: $7,771 (2024)
- Status: Active
- Type: Duplex
- Source: Middlesex
- MLS ID: 2608141R
- Updated: 12/16/2025
- Added to Site: 46 day(s) ago
Rental Information
- Lease/Rent Term: Unit 1(Month-Month), Unit 2(Month-Month)
Interior
- Interior Features: Unit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room)
- Appliances: Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
- Flooring: Unit 1 Carpet, Unit 2 Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
Other Rooms
- Living Room: 1,952 Sq. Ft.
Parking
- Parking Features: 4 or More Car Parking
- Parking: 4(+)Car Parking
Location
- County: Somerset
Heating & Cooling
- Cooling Type: A/C Wall Unit(s), A/C Window Unit(s)
- Heating Type: Central, Forced Air
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Basement Desc.: Full, Storage Space, Utility Room
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 1,952
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.3214
- Lot Size (Sq. Ft.): 14,000
- Lot Dimensions: 140.00 x 70.00
- Lot Features: Near Shopping, Corner Lot
- Zoning: R7
- Lot Description: Near Shopping, Corner Lot
Financial Considerations
- Tax Amount: $7,771
- Tax Year: 2024
- Terms: Unit 1(Month-Month), Unit 2(Month-Month)
Disclosures and Reports
- Property ID: 800139000000019
Listed by Tverdov Housing
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Schools
Schools serving 16 Millstone Rd
School District:Franklin Township School District, Franklin Township, NJ
| Name | Grades | Distance |
|---|---|---|
Franklin Twp High School 500 Elizabeth Avenue, Franklin Township, NJ 08873 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 Millstone Rd
Date
Details
Price
Change
Source
12/03/2025
Listed
$625,000
70.07%
MLS
8/16/2007
Sold
$367,500
—
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 16 Millstone Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,771
-7%
$518,300
28%
2022
$8,325
2%
$406,500
11%
2021
$8,169
—
$366,500
7%
2021
$8,169
1%
$341,500
-1%
2018
$8,115
—
$346,500
—
2017
$8,146
-1%
$346,500
—
2016
$8,216
7%
$346,500
5%
2019
$7,684
-5%
$331,500
-4%
2015
$8,113
3%
$344,500
—
2013
$7,882
—
$344,500
—
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 16 Millstone Rd
16 Millstone Road, Franklin Township, NJ 08873 (MLS# 2608141R) is a Duplex property with 0 bedrooms and 0 full bathrooms. 16 Millstone Road is currently listed for $625,000 and was received on December 03, 2025. Want to learn more about 16 Millstone Road? Do you have questions about finding other Duplex 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.

