THE HOUSE IS ONLY PART OF THE OPPORTUNITY AT 503-505 FRANKLIN ST. THIS TWO-FAMILY SITS ON A DOUBLE LOT AND OFFERS A 3-CAR GARAGE PLUS APPROXIMATELY 6 ADDITIONAL PARKING SPACES, WITH THE GARAGES AND PARKING CURRENTLY PROVIDING ADDITIONAL INCOME. EACH UNIT FEATURES 2 BEDROOMS, 1 FULL BATH, AND GENEROUS LIVING SPACE, WHILE BONUS SPACE ON THE THIRD FLOOR AND A PARTIALLY FINISHED BASEMENT PROVIDE ADDITIONAL FLEXIBILITY. THE FIRST-FLOOR UNIT IS VACANT, WHILE THE SECOND-FLOOR TENANCY IS EXPECTED TO BE MONTH-TO-MONTH BEGINNING NEXT MONTH. INSIDE, YOU'LL FIND HARDWOOD FLOORS, SPACIOUS ROOMS, AND AN UPDATED KITCHEN WITH STAINLESS-STEEL APPLIANCES. OUTSIDE, A LARGE PAVED AREA, FRONT PORCH, 3-CAR GARAGE, AND EXTENSIVE OFF-STREET PARKING HELP SET THIS PROPERTY APART. WITH TWO RESIDENTIAL UNITS PLUS EXISTING GARAGE AND PARKING INCOME, 503-505 FRANKLIN ST OFFERS MULTIPLE INCOME SOURCES IN ONE PROPERTY.
Active
$850,000
503 Franklin St, Elizabeth City, NJ 07206
5beds
--sqft
Multi Family
Built in 1901
-- sqft lot
$859,700 Zestimate®
$--/sqft
$-- HOA
What's special
Partially finished basementExtensive off-street parkingHardwood floorsFront porchLarge paved areaSpacious roomsDouble lot
- 8 days
- 422
- 33
Zillow last checked:
Listing updated:
Listed by:
Kerwin Lynch 973-342-7006,
Re/Max First Realty Ii
Source: GSMLS,MLS#: 4055160
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- 2 Units, Natural Gas
Appliances
- Included: Dishwasher, Microwave, Range/Oven - Gas, Microwave Oven, Gas Water Heater
Features
- Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
- Basement: Yes,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 6
- Parking features: 1 Car Width, Asphalt, Driveway-Exclusive, Detached Garage
- Garage spaces: 3
- Uncovered spaces: 6
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 5,227 Square Feet
- Dimensions: 50 x 100
Details
- Parcel number: 2904006600000000290000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1901
Utilities & green energy
- Gas: Gas In Street, Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas In Street, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Elizabethport
Financial & listing details
- Tax assessed value: $532,200
- Annual tax amount: $10,734
- Date on market: 9/25/2026
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$859,700
$817,000 - $903,000
$2,160/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $850,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment



