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Off market
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  • $708,000

    108 Franklin St, Elizabeth, NJ 07206

    8beds
    3baths
    2,242sqft
    MultiFamily
    Built in 1910
    -- sqft lot
    $708,000 Zestimate®
    $316/sqft
    $2,185 Estimated rent

    Home value

    $708,000

    $658,000 - $758,000

    $2,185/mo

    Zestimate® history
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    $5,012/mo

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    What's special

    This multi-family home in Elizabeth is your next investment opportunity! Three units currently provide multiple streams of income. Use as a total investment property or owner occupy with rental income! Levels 1 and 2 feature a living room, eat-in kitchen, a full bath, and 3 bedrooms. Level 3 provides the comforts of a living room, kitchen, full bath, and 2 bedrooms. A partially-finished basement lays out additional living space with a rec room, a full bath, and private entrances at the front and back of the property. This home is close to waterfront parks, a major shopping mall, and in direct proximity to all major highways. Transportation via the ONE bus, with a stop one block away, allows for easy commuting through the Orange, Newark, and Elizabeth communities. On street parking is available. OWNER ALSO IS RECEIVING 900 A MONTH FOR BACKYARD USE AND GARAGE/SHED FROM A MASON COMPANY WHICH IS AN ADDED BONUS!!!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    Heating
    • Baseboard, Gas
    Cooling
    • Wall
    Features
    • Smoke Detector, Carbon Monoxide Detector
    • Basement: Yes
    Interior area
    • Total interior livable area: 2,242 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 2,613 sqft
    Details
    • Parcel number: 0400787000000027

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Gas-Natural

    Community & neighborhood

    Location
    • Region: Elizabeth

    Other

    Other facts
    • Basement: Yes
    • Easement: Unknown
    • Exterior Description: Vinyl Siding
    • Heating: Baseboard - Hotwater, 3 Units
    • Fuel Type: Gas-Natural
    • Listing Type: Exclusive Right to Sell
    • Sewer: Public Sewer
    • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
    • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
    • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
    • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
    • Roof Description: Asphalt Shingle
    • Utilities: Gas-Natural
    • Water: Public Water
    • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
    • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room, See Remarks
    • Unit Style: 3-Three Story, See Remarks
    • Parking/Driveway Description: On-Street Parking
    • Unit 1 Appl/Equip: Range/Oven - Gas
    • Construction Date/Year Built Des: Unknown
    • Interior Features: Smoke Detector, Carbon Monoxide Detector
    • Expenses Include: Cold Water, See Remarks
    • Cooling: Wall A/C Unit(s)
    • Basement Description: Finished-Partially
    • Water Heater: See Remarks
    • Unit 2 Appl/Equip: Range/Oven - Gas
    • Unit 3 Appl/Equip: Range/Oven - Gas
    • Town #: Elizabeth City

    Price history

    DateEventPrice
    4/3/2023Sold$510,000+2.2%$227/sqft
    Source: GSMLS #3822710 Report a problem
    2/7/2023Pending sale$499,000$223/sqft
    Source: GSMLS #3822710 Report a problem
    1/31/2023Listed for sale$499,000$223/sqft
    Source: GSMLS #3822710 Report a problem
    1/16/2023Pending sale$499,000$223/sqft
    Source: GSMLS #3822710 Report a problem
    1/8/2023Listed for sale$499,000+195.3%$223/sqft
    Source: GSMLS #3822710 Report a problem
    3/14/2018Sold$169,000-22.8%$75/sqft
    Source: Public Record Report a problem
    10/17/2017Listed for sale--
    Source: Auction.com Report a problem
    10/9/2016Listing removed$219,000$98/sqft
    Source: CENTURY 21 Real Estate Group #3321466 Report a problem
    9/22/2016Price change$219,000+10.1%$98/sqft
    Source: CENTURY 21 Real Estate Group #3321466 Report a problem
    7/15/2016Listed for sale$199,000$89/sqft
    Source: CENTURY 21 Real Estate Group #3321466 Report a problem
    5/3/2014Listing removed$199,000$89/sqft
    Source: ERA Integra Realty #3055526 Report a problem
    8/3/2013Listed for sale$199,000-52.5%$89/sqft
    Source: ERA Integra Realty #3055526 Report a problem
    10/14/2008Sold$419,000+21.4%$187/sqft
    Source: Public Record Report a problem
    8/25/2005Sold$345,000+365%$154/sqft
    Source: Public Record Report a problem
    9/11/2002Sold$74,200$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,165 $424,400
    2024$8,165 $424,400 +1378.7%
    2023-- $28,700
    2022$8,776 +104%$28,700
    2021$4,303 -48%$28,700
    2020$8,272 +1%$28,700
    2019$8,192 +33.2%$28,700
    2018$6,148 -22.8%$28,700
    2017$7,963 +6.3%$28,700
    2016$7,490 +3.1%$28,700
    2015$7,266 +5.9%$28,700
    2014$6,859 +22.7%$28,700 +16.2%
    2013$5,592 -0.6%$24,700
    2012$5,626 +7.6%$24,700
    2011$5,229 +5%$24,700
    2010$4,979 +7.1%$24,700
    2009$4,649 $24,700
    2005-- $24,700
    2004-- $24,700
    2003-- $24,700
    2002-- $24,700

    Find assessor info on the county website

    Neighborhood: Elizabethport

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $708,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $708,000