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$499,000 -$200,000 (-28.61%) Price Reduced
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Property Description
Rare opportunity to own 3.72 acres of residential land on a dead end street in Franklin Township, NJ. Zoned single-family residential, this sizeable parcel is ready for your vision. Located in Somerset County with easy access to major highways, shopping, and top-rated schools. Whether you're a builder or an end buyer, don't miss your chance to secure a quality piece of New Jersey real estate.Tax Zone: R40Tax Special Zone: F01
Full Property Details
Full Property Details for 60 Gates Rd
General
- Price: $499,000
- Taxes: $5,620 (2025)
- Status: Active
- Type: Lots/Land
- Source: Garden_State
- MLS ID: 4028377
- Updated: 7/14/2026
- Added to Site: 60 day(s) ago
Location
- County: Somerset
- Driving Directions: Demott Ln to Gates Rd.
- Total Lots Available: 1
Utilities
- Sewer: See Remarks
- Water: See Remarks
Lot Features
- Lot Size (Acres): 3.72
- Lot Size: 306X530 AVG
- Street/Road Desc.: Blacktop/Asphalt Road, Public Maintained Road
- Zoning: Residential 1 Family, See Remarks
Financial Considerations
- Assessment Amount: $343,200
- Land Assmt: $343,200
- Tax Amount: $5,620
- Tax Year: 2025
Disclosures and Reports
- Block: 386.08
- Lot Number: 72.03
Listed by Next Level Realty Llc
Get Pre-Approved Today
Schools
Schools serving 60 Gates Rd
School District:Franklin Township School District, Franklin Township, NJ
| Name | Grades | Distance |
|---|---|---|
MacAfee Elementary School 53 Macafee Road, Franklin Township, NJ 08873 | PK-5 | 0.7 mi |
Pine Grove Manor Elementary School 130 Highland Avenue, Franklin Township, NJ 08873 | PK-5 | 2 mi |
Sampson G Smith School 1649 Amwell Road, Franklin Township, NJ 08873 | 6-8 | 0.6 mi |
Franklin Twp High School 500 Elizabeth Avenue, Franklin Township, NJ 08873 | 9-12 | 2.6 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 60 Gates Rd
Date
Details
Price
Change
Source
7/14/2026
Price Reduced
$499,000
-28.61%
MLS
5/18/2026
Listed
$699,000
366%
MLS
6/30/2016
Sold
$150,000
—
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 60 Gates Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,620
-4%
$343,200
6%
2024
$5,876
10%
$323,200
—
2022
$5,364
—
$323,200
23%
2022
$5,364
8%
$263,200
18%
2021
$4,944
—
$223,200
5%
2021
$4,944
13%
$213,200
13%
2018
$4,378
-6%
$188,200
-7%
2019
$4,678
12%
$203,200
14%
2017
$4,159
-1%
$178,200
—
2016
$4,189
1%
$178,200
—
2015
$4,161
3%
$178,200
—
2013
$4,029
—
$178,200
—
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 60 Gates Rd
60 Gates Rd, Franklin Township, NJ 08873 (MLS# 4028377) is a Lots/Land property with a lot size of 3.72 acres. 60 Gates Rd is currently listed for $499,000 and was received on May 18, 2026. Want to learn more about 60 Gates Rd? Do you have questions about finding other Lots/Land 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.

