$850,000
 $4,563 est/mo Sourced by Back At You

503 Franklin St,Elizabeth City, NJ 07206

Elizabeth City, NJ 07206

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Description

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.

Details

MLS #4055160
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1901
Days On Site18
Listing Provided ByRE/MAX FIRST REALTY II | KERWIN LYNCH

Features

Bath(s) 4 Total
Garage3
BasementY

Taxes

Property10734

Area Information

StateNJ
CountyUnion
CityElizabeth City
Zip Code07206
AreaUnion
Listing VS Median (in 07206)
Price:
$850,000
low | high
Med:
$3,100
100% of Average
On site:
18
low | high
Med:
54.5
33.02752293578% of Average
Sourced by Back At You

Market Activity 07206

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Learn More About This Property

StateNJ
CountyUnion
CityElizabeth City
Zip Code07206
AreaUnion
Listing VS Median (in 07206)
Price:
$850,000
low | high
Med:
$3,100
100% of Average
On site:
18
low | high
Med:
54.5
33.02752293578% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $637K - $1.62M
sqft: 0 - 0
Listing Updated: October 1, 2026 at 8:34:03 AM PDT