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$249,000
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Property Description
"Unique Property.1.57 Acres Zoned Light Industrial, Buiding Has Been Removed, With Access To City Water/City Sewer and Gas, On Property,Great Investment Potential. Prime Location With Easy Access To Major Highways and Downtown. Dont Wait This Is Great...
Full Property Details
Full Property Details for 138 Franklin Ave
General
- Price: $249,000
- Taxes: $7,916 (2024)
- Status: Active
- Type: Lots/Land
- Source: Garden_State
- MLS ID: 3983327
- Updated: 8/27/2025
- Added to Site: 145 day(s) ago
Location
- County: Morris
- Driving Directions: EAST MAIN STREET TO FRANKLIN TO #138 ON LEFT
- Total Lots Available: 1
School Information
- Elementary School: Lincoln
- Middle School: ThomasJeff
- High School: MorrisHill
Utilities
- Sewer: Public Sewer on Property
- Water: Public Water on Property
- Utility Description: Electric, Gas, See Remarks, Telephone, Cable TV Available, Fiber Optic Available, Garbage Included
Lot Features
- Lot Size (Acres): 1.57
- Lot Size: 118X580
- Frontage: Town Street
- Street/Road Desc.: Blacktop/Asphalt Road
- Topography: At Road Level, Gradual, Level
- Development Status: Raw Land, See Remarks
- Land Improvements: See Remarks, Shade Trees, Utilities on Property
- Present Use: Vacant/Improved
- Trees/Vegetation: Partly Wooded
- Zoning: HTLI LITE IN, Light Industrial, Office/Research, See Remarks
- Lot Description: Level Lot, Open Lot
Financial Considerations
- Assessment Amount: $238,100
- Improve Assmt: $89,800
- Land Assmt: $148,300
- Tax Amount: $7,916
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Survey Available
- Restrictions: See Remarks
- Surveyed: Yes
- Block: 38
- Lot Number: 127
Listed by RE/MAX TOWN & VALLEY II
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Schools
Schools serving 138 Franklin Ave
School Districts:Rockaway Borough School District, Morris Hills Regional School District
| Name | Grades | Distance |
|---|---|---|
Thomas Jefferson Middle School, Rockaway, NJ 95 East Main Street, Rockaway, NJ 07866 | 4-8 | 0.2 mi |
Lincoln Elementary School, Rockaway, NJ 37 Keller Avenue, Rockaway, NJ 07866 | PK-3 | 0.2 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 138 Franklin Ave
Date
Details
Price
Change
Source
8/26/2025
Listed
$249,000
50.91%
MLS
8/16/2012
Sold
$165,000
—
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 138 Franklin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,917
2%
$238,100
—
2023
$7,738
1%
$238,100
—
2022
$7,688
1%
$238,100
—
2021
$7,624
2%
$238,100
—
2020
$7,491
3%
$238,100
—
2018
$7,279
4%
$238,100
—
2017
$7,019
4%
$238,100
—
2016
$6,772
-8%
$238,100
—
2019
$7,353
10%
$238,100
—
2015
$6,676
9%
$238,100
—
2013
$6,110
—
$238,100
—
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 138 Franklin Ave
138 Franklin Ave, Rockaway, NJ 07866 (MLS# 3983327) is a Lots/Land property with a lot size of 1.57 acres. 138 Franklin Ave is currently listed for $249,000 and was received on August 26, 2025. Want to learn more about 138 Franklin Ave? Do you have questions about finding other Lots/Land real estate for sale in Rockaway? You can browse all Rockaway real estate or contact a Coldwell Banker agent to request more information.

