Under contract

$499,900

165 State Rt 23 #3, Franklin Boro, NJ 07416

--beds

3baths

1,400sqft

Get pre-qualified

Apartment

Built in 1900

-- sqft lot

$-- Zestimate^®

$357/sqft

$-- HOA

What's special

Waiting roomReception areaHandicapped bathroom

Great investment opportunity on a highly visible highway commercial zone for your business! 3500 SF Building, 2 rented units one 1400 SF office space perfect for your business features 6 individual offices, waiting room, reception area, handicapped bathroom and kitchen. Full usable basement with connected separate entrance and huge parking lot with plenty of parking. Perfect for Doctor, lawyer, dentist, chiropractor, business offices, professional, artist, antique shop, retail shop, coffee shop, auto related sales and so much more! Rent the offices spaces out as a co-op, possibilities are endless! 2 units rented for Income potential Don't wait, you can lease this space immediately, decide to rent to buy and or owner financing available. Amazing location close to everything and only 90 minutes NYC!

134 days

61

2

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 3

Heating

1 Unit, Oil Tank Above Ground - Inside

Cooling

2 Units, Central Air, Ductless Split AC

Features

Flooring: Carpet
Doors: Max Door Height: 0
Basement: Yes,Full,Storage Space,Unfinished,Walk-Out Access

Interior area

Total structure area: 3,500
Total interior livable area: 1,400 sqft

Property

Parking

Total spaces: 14
Parking features: Parking Lot-Exclusive
Garage spaces: 14

Features

Stories: 2

Lot

Size: 1.01 Acres
Dimensions: 1.012 AC
Features: Corner Lot, Corner, Freestanding

Details

Parcel number: 2806015040000000180000
Zoning description: HC-2

Construction

Type & style

Home type: Apartment
Property subtype: Apartment
Attached to another structure: Yes

Materials

Wood, Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1900
Major remodel year: 2003

Utilities & green energy

Gas: Gas In Street
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Gas In Street, Cable Available, Garbage Included, Internet Available

Community & HOA

Community

Security: Smoke Detector(s)

Location

Region: Franklin

Financial & listing details

Price per square foot: $357/sqft
Tax assessed value: $550,000
Annual tax amount: $14,597
Date on market: 2/12/2026
Inclusions: Lease Only
Ownership type: Fee Simple
Lease term: 1 Year Minimum
Tenant pays: Cable TV, Electricity, Heat, Snow Removal, All Utilities
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/22/2026	Pending sale	$499,900$357/sqft
Source: GSMLS #4009517 Report a problem
3/25/2026	Price change	$499,900-4.8%$357/sqft
Source: GSMLS #4009517 Report a problem
2/12/2026	Listed for sale	$525,000$375/sqft
Source: GSMLS #4009517 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified