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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,349 sqft
Price per Sqft $266
Subdivision New Brunswick Estates
MLS Listing ID 2608164R
Sold Date 04/17/26
Year Built 1965
Annual Tax Amount $7,858
Tax Year 2024
Lot Size 0.287 Acres
Acres 0.287
Lot Dimensions 100.00 x 100.00
Property Sub-Type 2 Family
Source CJMLS API
Property Description
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!
Location
State NJ
County Somerset
Zoning R7
Rooms
Basement Full, Storage Space, Utility Room
Interior
Interior Features Unit 1(3 Bedrooms, Kitchen, Living Room, 1 1/2 Baths), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
Heating Baseboard, Radiant
Cooling Ceiling Fan(s), A/C Wall Unit(s), A/C Window Unit(s)
Appliance Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Heat Source Natural Gas
Exterior
Exterior Feature Patio
Garage Spaces 2.0
Utilities Available Gas In Street
Porch Patio
Building
Lot Description Near Shopping, Corner Lot
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 0800137000000001
Ownership Trust
Energy Description Natural Gas
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