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$585,000 Just Listed
Property Description
Excellent Investment Opportunity - Two-Family Property in Prime Somerset Location! Welcome to 23 Home Street - a well-maintained two-family multifamily property offering both immediate income and future flexibility. Whether you?re an investor looking to expand your portfolio or an owner-occupant seeking rental support, this property delivers.One unit is currently tenant-occupied, providing steady income, while the second unit was recently vacated on March 31- offering the perfect opportunity to secure a new tenant or move in and make it your own. The home features a newer roof (2018) along with cosmetic updates completed in 2018 which include refreshed flooring and paint.Ideally located near RWJ Barnabas Hospital, New Brunswick Train Station, Rutgers University, and the vibrant downtown New Brunswick scene of restaurants, shopping, and entertainment. This property benefits from strong rental demand and commuter convenience. Don?t miss this versatile and income-producing property in a highly desirable location!
Full Property Details
Full Property Details for 23 Home St
General
- Price: $585,000
- Taxes: $6,792 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4017618
- Updated: 3/30/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Curbs, Partially Fenced, Sidewalk, Storage Shed
Location
- County: Somerset
- Driving Directions: From Route 27, Left on Somerset St, Left on Home St, #23 on Right
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 1-One Story
- Exterior Const.: Vinyl Siding
- Roof: Asphalt Shingles
- Square Feet: 2,012
- Year Built: 1916
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen
- Square Feet: 1006
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen
- Square Feet: 1006
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 26 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $210,500
- Land Assmt: $205,200
- Tax Amount: $6,792
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 184
- Lot Number: 19
Listed by Realsophy Real Estate
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Price & Sales History for 23 Home St
Date
Details
Price
Change
Source
3/30/2026
Listed
$585,000
202.33%
MLS
4/13/2018
Sold
$193,500
—
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 23 Home St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,362
1%
$385,700
18%
2022
$6,279
1%
$326,600
7%
2022
$6,239
5%
$306,600
15%
2021
$5,922
—
$266,600
2%
2021
$5,922
—
$261,600
2%
2019
$5,948
10%
$256,600
11%
2018
$5,424
4%
$231,600
5%
2017
$5,210
-2%
$221,600
-1%
2016
$5,302
—
$223,600
—
2015
$5,289
2%
$224,600
—
2013
$5,185
—
$225,600
—
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 23 Home St
23 Home St, Franklin Township, NJ 08873 (MLS# 4017618) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 23 Home St is currently listed for $585,000 and was received on March 30, 2026. Want to learn more about 23 Home St? Do you have questions about finding other Multi-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.
