Looking for a property that practically prints money while you sip coffee on the couch? Say hello to 55 Frank Street - now it can be yours. This is a Side-by-Side Duplex - Two 3-bedroom units. Bring your calculator and maybe a wheelbarrow for all the future cash flow! This property screams value add potential! Current rents: $1,650 and $1,600/month - both tenants month-to-month. Classic Somerset location - close to everything, far from nothing, and minutes from Route 287.Property being sold AS-IS, buyer responsible for closing with a temporary CO. Properties like this don't just grow on trees - they grow equity, appreciation, and wealth. Start your investing journey or add this to your rental portfolio...whatever you decide, hurry, this won't last long!
Sold for $625,000
$625,000
55 Frank St, Somerset, NJ 08873
6beds
2baths
2,349sqft
Multi Family
Built in 1965
-- sqft lot
$687,900 Zestimate®
$266/sqft
$3,401 Estimated rent
Home value
$687,900
$647,000 - $729,000
$3,401/mo
Zestimate® history
Owner options
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$3,401/mo
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$3,401/mo
Rent Zestimate®
Refinance and save
$4,317/mo
Est. payment
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$4,317/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
PETER TVERDOV,
TVERDOV HOUSING 732-344-0701
Source: All Jersey MLS,MLS#: 2608164R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Baseboard, Radiant
Cooling
- Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s)
Appliances
- Included: Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Features
- Unit 1(3 Bedrooms, Kitchen, Living Room, 1 1/2 Baths), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
- Basement: Full, Storage Space, Utility Room
Interior area
- Total structure area: 2,349
- Total interior livable area: 2,349 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Attached, Detached, 4(+)Car Parking
- Attached garage spaces: 2
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 0.29 Acres
- Dimensions: 100.00 x 100.00
- Features: Near Shopping, Corner Lot
Details
- Parcel number: 0800137000000001
- Zoning: R7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1965
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas In Street
Community & neighborhood
Location
- Region: Somerset
Other
Other facts
- Ownership: Trust
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $625,000$266/sqft |
Source:  All Jersey MLS #2608164R Report a problem | ||
| 1/21/2026 | Contingent | $625,000$266/sqft |
Source: All Jersey MLS #2608164R Report a problem | ||
| 12/4/2025 | Listed for sale | $625,000+70.1%$266/sqft |
Source: All Jersey MLS #2608164R Report a problem | ||
| 8/29/2007 | Sold | $367,500$156/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,670 +15% | $496,000 +15% |
| 2024 | $7,539 -5.5% | $431,300 +4.9% |
| 2023 | $7,979 -3.6% | $411,300 |
| 2022 | $8,276 | $411,300 +10.8% |
| 2021 | -- | $371,300 +7.2% |
| 2020 | $7,795 -5.3% | $346,300 +3% |
| 2019 | $8,227 | $336,300 -4.3% |
| 2018 | $8,227 -1.2% | $351,300 |
| 2017 | $8,329 +0.7% | $351,300 |
| 2016 | $8,273 +1.5% | $351,300 |
| 2015 | $8,150 +1.4% | $351,300 |
| 2014 | $8,038 +7.7% | $351,300 |
| 2012 | $7,462 +4.8% | $351,300 |
| 2011 | $7,121 +4.9% | $351,300 |
| 2010 | $6,785 +0.3% | $351,300 -2.8% |
| 2009 | $6,763 | $361,300 +5.5% |
| 2008 | -- | $342,600 |
| 2007 | -- | $342,600 |
| 2006 | -- | $342,600 +10.4% |
| 2005 | -- | $310,400 +29.9% |
| 2004 | $2,085 | $239,000 +8.5% |
| 2003 | -- | $220,300 +8.5% |
| 2002 | -- | $203,100 +9.1% |
| 2001 | -- | $186,100 |
Find assessor info on the county website
Neighborhood: 08873
Nearby schools
GreatSchools rating
- 6/10Claremont Elementary SchoolGrades: PK-5Distance: 4.8 mi
- 4/10Sampson G Smith SchoolGrades: 6-8Distance: 2.2 mi
- 3/10Franklin Twp High SchoolGrades: 9-12Distance: 4.4 mi
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Estimated market value
$687,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$687,900
- New Jersey
- Somerset County
- Somerset
- 08873
- 55 Frank St
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