69 New Jersey 23 Franklin, NJ 07416
Estimated payment $4,420/month
About This Home
Fantastic opportunity on highly visible Route 23! This building offers a spacious retail storefront on the main level along with three income-producing residential units above, making it ideal for investors or owner-operators seeking strong cash flow. The property features on-site parking, a full unfinished basement for storage, and flexible HC zoning that supports a wide variety of commercial uses. With excellent highway exposure, steady local traffic, and built-in rental income from the residential apartments, this property delivers exceptional value and long-term potential in the heart of Franklin.
Listing Agent
JUSTIN JUBA
JUBA TEAM REALTY Brokerage Phone: 973-874-0800 Listed on: 11/30/2025
Co-Listing Agent
NICHOLAS P JUBA
JUBA TEAM REALTY Brokerage Phone: 973-874-0800
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,546
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
Parking
- 5 Parking Spaces
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Franklin Elementary And Middle School
- Wallkill High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil Above Ground
- Propane
- Private Water Source
- Well
- Electric Water Heater
Community Details
- 3,651 Sq Ft Building
- Net Operating Income $999,999
Listing and Financial Details
- Assessor Parcel Number 2806-02401-0000-00009-0000-
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2025 11/30/25 | For Sale | $625,000 | -- | $171 / Sq Ft |
Source: Garden State MLS
MLS Number: 3999676
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