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$625,000
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Property Description
Looking for a property that practically prints money while you sip coffee on the couch? Say hello to 55 Frank Street - now it can be yours. This is a Side-by-Side Duplex - Two 3-bedroom units. Bring your calculator and maybe a wheelbarrow for all the future cash flow! This property screams value add potential! Current rents: $1,650 and $1,600/month - both tenants month-to-month. Classic Somerset location - close to everything, far from nothing, and minutes from Route 287.Property being sold AS-IS, buyer responsible for closing with a temporary CO. Properties like this don't just grow on trees - they grow equity, appreciation, and wealth. Start your investing journey or add this to your rental portfolio...whatever you decide, hurry, this won't last long!
Full Property Details
Full Property Details for 55 Frank St
General
- Price: $625,000
- Taxes: $7,858 (2024)
- Status: Active
- Type: Duplex
- Source: Middlesex
- MLS ID: 2608164R
- Updated: 12/20/2025
- Added to Site: 45 day(s) ago
Rental Information
- Lease/Rent Term: Unit 1(Month-Month), Unit 2(Month-Month)
Interior
- Interior Features: Unit 1(3 Bedrooms, Kitchen, Living Room, 1 1/2 Baths), Unit 2(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)
Rooms
Bathrooms
- Total Bathrooms: 2
Other Rooms
- Living Room: 2,349 Sq. Ft.
Exterior
- Exterior Features: Patio
- Deck/Patio: Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Attached, Detached, 4 or More Car Parking
- Parking: Garage, Attached, Detached, 4(+)Car Parking
Location
- County: Somerset
Heating & Cooling
- Cooling Type: Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s)
- Heating Type: Baseboard, Radiant
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Gas in Street
Structural Information
- Basement Desc.: Full, Storage Space, Utility Room
- Stories/Levels: 2
- Square Feet: 2,349
- Year Built: 1965
Lot Features
- Lot Size (Acres): 0.287
- Lot Size (Sq. Ft.): 12,502
- Lot Dimensions: 100.00 x 100.00
- Lot Features: Near Shopping, Corner Lot
- Zoning: R7
- Lot Description: Near Shopping, Corner Lot
Financial Considerations
- Tax Amount: $7,858
- Tax Year: 2024
- Terms: Unit 1(Month-Month), Unit 2(Month-Month)
Disclosures and Reports
- Property ID: 800137000000001
Listed by Tverdov Housing
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Schools
Schools serving 55 Frank St
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 | 4.4 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 55 Frank St
Date
Details
Price
Change
Source
12/04/2025
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 55 Frank St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,858
-7%
$496,000
21%
2022
$8,423
2%
$411,300
11%
2021
$8,276
—
$371,300
7%
2021
$8,276
1%
$346,300
-1%
2018
$8,227
—
$351,300
—
2017
$8,259
-1%
$351,300
—
2016
$8,329
7%
$351,300
4%
2019
$7,795
-6%
$336,300
-4%
2015
$8,273
3%
$351,300
—
2013
$8,038
—
$351,300
—
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 55 Frank St
55 Frank Street, Franklin Township, NJ 08873 (MLS# 2608164R) is a Duplex property with 0 bedrooms and 0 full bathrooms. 55 Frank Street is currently listed for $625,000 and was received on December 04, 2025. Want to learn more about 55 Frank Street? 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.

