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Under contract
  • Price cut: $60K (5/19)
    $590,000

    17 Home St, Franklin Twp., NJ 08873

    4beds
    1,440sqft
    : 
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    Multi Family
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $410/sqft
    $-- HOA

    What's special

    Updated systems throughoutCharming open front porch
    Welcome to 17 Home Street - beautifully updated multifamily property + EXTRA LOT - fully renovated in 2025, offering options for an excellent investment potential or owner-occupancy in a prime location. Tenants vacated on March 31, 2026, leaving the option to rent with tenants of your choice or live in one rent the other " the possibilities are endless! This property features a charming open front porch. Inside, you'll find updated systems throughout, including a newer roof (2017) and water heater, furnace, and HVAC (2025), providing peace of mind for years to come. The basement is washer/dryer ready, adding convenience and functionality for tenants or owners. A standout feature is the additional lot, offering incredible flexibility. Buyers are encouraged to perform due diligence with the township to explore potential uses, including possible subdivision (not guaranteed, seller makes no representations). Alternatively, the space can be utilized for additional parking or expanded outdoor living - ideal for entertaining or enhancing tenant appeal. Located in close proximity to RWJ Barnabas Hospital, New Brunswick Train Station, Rutgers University, and the vibrant downtown New Brunswick area filled with restaurants, shopping, and entertainment. This two-family property offers both convenience and strong rental demand. Don't miss this exceptional opportunity to own a turnkey multifamily property in a highly desirable location!
    94 days
    |
    436
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sophia G. Georges 908-229-6704,

    Realsophy Real Estate

    Source: GSMLS,MLS#: 4017613MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • 2 Units, Forced Air, Natural Gas
      Cooling
      • 2 Units, Central Air
      Appliances
      • Included: Exhaust Fan, Range/Oven - Gas, Refrigerator, Kitchen Exhaust Fan, Gas Water Heater
      Features
      • Bedrooms, Eat-in Kitchen, Kitchen, Storage, Utility Room, Eat-In Kitchen
      • Basement: Yes,Full,Unfinished,Walk-Out Access,Sump Pump
      • Has fireplace: No
      Interior area
      • Total structure area: 1,440
      • Total interior livable area: 1,440 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: 1 Car Width, Additional Parking, Asphalt, Enclosed, See Remarks
      • Uncovered spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Open Porch(es), Porch
      • Exterior features: Curbs, Sidewalk
      • Fencing: Metal Fence
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 75 x 100
      • Features: Split Possible
      Details
      • Parcel number: 2708001840000000160000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1920
      • Major remodel year: 2025

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
      Location
      • Region: Somerset

      Financial & listing details

      • Price per square foot: $410/sqft
      • Tax assessed value: $409,600
      • Annual tax amount: $6,684
      • Date on market: 3/31/2026
      • Total actual rent: 4800
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,860/mo

        Price history

        DateEventPrice
        6/25/2026Pending sale$590,000$410/sqft
        Source: GSMLS #4017613 Report a problem
        5/19/2026Price change$590,000-9.2%$410/sqft
        Source: GSMLS #4017613 Report a problem
        3/31/2026Listed for sale$650,000+329%$451/sqft
        Source: GSMLS #4017613 Report a problem
        12/28/2018Sold$151,500+1%$105/sqft
        Source: GSMLS #3508035 Report a problem
        11/1/2018Price change$150,000-9.1%$104/sqft
        Source: Keller Williams Realty #1002335164 Report a problem
        10/5/2018Price change$165,000-8.3%$115/sqft
        Source: Keller Williams Realty #1002335164 Report a problem
        8/29/2018Listed for sale$180,000$125/sqft
        Source: Keller Williams Realty - Moore #1002335164 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,635 +9%$379,600 +9%
        2024$6,085 -2.2%$348,100 +8.5%
        2023$6,222 +7.1%$320,700 +6.7%
        2022$5,811 $300,700 +15.3%
        2021-- $260,700 +2%
        2020$5,811 +9.9%$255,700 +2%
        2019$5,286 $250,700 +11.1%
        2018$5,286 +2.4%$225,700 +4.6%
        2017$5,162 +6.4%$215,700 -0.9%
        2016$4,849 +1%$217,700 +5.7%
        2015$4,800 +0.9%$205,900 -0.5%
        2014$4,757 +2.8%$206,900 -2.8%
        2012$4,628 -5%$212,900 -2.3%
        2011$4,871 -2.2%$217,900 -9.3%
        2010$4,982 -2.1%$240,300 -9.4%
        2009$5,091 $265,300 +2.9%
        2008-- $257,900
        2007-- $257,900
        2006-- $257,900 +14%
        2005-- $226,300 +14.1%
        2004$1,667 $198,400 +12.7%
        2003-- $176,100 +16.1%
        2002-- $151,700 +8.8%
        2001-- $139,400

        Find assessor info on the county website

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        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.
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        Climate risks

        Neighborhood: 08873

        Getting around

        82 / 100
        Very Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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