Welcome to this spacious and move-in ready home located at 242 Franklin Ave in the heart of Elizabeth, just minutes from Newark Liberty International Airport and approximately 1.5 miles from Elizabeth Station with direct service to NYC! This beautifully maintained property offers an incredible amount of living space across multiple levels. The first floor features a welcoming living room, formal dining room, updated kitchen, one bedroom, a full bath, and direct access to the backyard perfect for entertaining or relaxing outdoors. The second floor offers four generously sized bedrooms and an additional full bath. Need even more space? The fully finished attic includes an extra room and full bath, ideal for a guest suite, home office, or recreation space. The partially finished basement features three additional rooms, a full bath, and a separate entrance, offering endless possibilities for extended living or flexible use. Very affordable taxes! Conveniently located near major highways, shopping, restaurants, public transportation, and Newark Airport, this home combines space, functionality, and location all in one. A fantastic opportunity for anyone looking for a move-in ready property with room to grow!
Under contract
$475,000
242 Franklin St, Elizabeth City, NJ 07206
5beds
--sqft
Single Family Residence
Built in 1950
2,613 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 60 days |
- 163 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Romina Scandroglio 973-539-1120,
Keller Williams Metropolitan
Source: GSMLS,MLS#: 4025892
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Level: Ground
Dining room
- Features: Living/Dining Combo
- Level: Ground
Kitchen
- Features: Eat-in Kitchen, Separate Dining Area
- Level: Ground
Living room
- Level: Ground
Basement
- Features: Bath(s) Other, Laundry Room, Office, Storage Room
Heating
- 1 Unit, Baseboard - Hotwater, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Carbon Monoxide Detector, Range/Oven-Gas
- Laundry: In Basement
Features
- Bedroom, Office, Bath Main, Dining Room, Kitchen, Living Room
- Flooring: Tile
- Basement: Yes,Partially Finished
- Has fireplace: No
Property
Parking
- Parking features: None
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 100
Details
- Parcel number: 2904007860000000070000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Security: Carbon Monoxide Detector
Location
- Region: Elizabeth
Financial & listing details
- Tax assessed value: $332,800
- Annual tax amount: $6,712
- Date on market: 5/9/2026
- Ownership type: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/14/2026 | Pending sale | $475,000 |
Source:  GSMLS #4025892 Report a problem | ||
| 5/9/2026 | Listed for sale | $475,000+955.6% |
Source: GSMLS #4025892 Report a problem | ||
| 1/31/2013 | Sold | $45,000-82.7% |
Source: GSMLS #2866143 Report a problem | ||
| 11/10/2005 | Sold | $260,000+126.1% |
Source: Public Record Report a problem | ||
| 7/27/1999 | Sold | $115,000+130.5% |
Source: Public Record Report a problem | ||
| 1/7/1999 | Sold | $49,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,403 | $332,800 |
| 2024 | $6,403 | $332,800 +1555.7% |
| 2023 | -- | $20,100 |
| 2022 | $6,146 +104% | $20,100 |
| 2021 | $3,013 -48% | $20,100 |
| 2020 | $5,794 +1% | $20,100 |
| 2019 | $5,737 +33.2% | $20,100 |
| 2018 | $4,306 -22.8% | $20,100 |
| 2017 | $5,577 +6.3% | $20,100 |
| 2016 | $5,246 +3.1% | $20,100 |
| 2015 | $5,089 +5.9% | $20,100 |
| 2014 | $4,804 +5.6% | $20,100 |
| 2013 | $4,551 -0.6% | $20,100 |
| 2012 | $4,578 +7.6% | $20,100 |
| 2011 | $4,256 +5% | $20,100 |
| 2010 | $4,052 +7.1% | $20,100 |
| 2009 | $3,783 | $20,100 |
| 2008 | -- | $20,100 |
| 2007 | $3,587 | $20,100 |
| 2006 | -- | $20,100 |
| 2005 | -- | $20,100 |
| 2004 | -- | $20,100 |
| 2003 | -- | $20,100 +24.8% |
| 2002 | -- | $16,100 |
| 2001 | -- | $16,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Climate risks
Neighborhood: Elizabethport
Nearby schools
GreatSchools rating
- 5/10No. 28 Duarte-Marti SchoolGrades: PK-8Distance: 0.3 mi
- 1/10T A Edison Career Tech AcademyGrades: 9-12Distance: 1 mi
- 1/10Adm W F Halsey Leadership AcademyGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Union County
- Elizabeth
- 07206
- Elizabethport
- 242 Franklin St
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