-16 Millstone Road, East Franklin, NJ 08873
Local realty services provided by:ERA Reed Realty, Inc.
-16 Millstone Road,Franklin Twsp, NJ 08873
$625,000
- - Beds
- 2 Baths
- 1,952 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Dec 0712:00 pm - 02:00 pm
Listed by:
Office: tverdov housing
MLS#:2608141R
Source:NJ_MCMLS
Price summary
- Price:$625,000
- Price per sq. ft.:$320.18
About this home
Discover the perfect blend of income potential and future possibilities at 16 Millstone Rd a well-maintained side-by-side duplex nestled on a huge corner lot. This rare opportunity offers two spacious, identical 3-bedroom 1 bath units, each delivering $1,695/month in rental income for a total of $3,390 monthly. With a desirable floor plan, huge space for parking and untapped upside, this property is an investor's dream in one of Somerset County's most sought-after towns. The house has a prime layout for easy living and renting. Thoughtful side-by-side design ensures privacy while simplifying maintenanceperfect for owner-occupancy in one half and renting the other. The expansive corner lot has endless potential (The lot holds exciting possibilities for subdivision but you must verify with the town). Current rents are attractively low for the area, offering immediate rental upside with just some cosmetic updating. Priced to sell in today's competitive market, 16 Millstone Rd combines growth potential with development upside. Whether you're looking to live in one unit and rent out the other, or scaling your portfolio, 16 Millstone is one you want to check out immediately.
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Home facts
- Year built:1960
- Listing ID #:2608141R
- Added:1 day(s) ago
- Updated:December 04, 2025 at 04:16 PM
Rooms and interior
- Total bathrooms:2
- Living area:1,952 sq. ft.
Heating and cooling
- Cooling:A/C Wall Unit(s), A/C Window Unit(s)
- Heating:Central, Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1960
- Building area:1,952 sq. ft.
- Lot area:0.32 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$625,000
- Price per sq. ft.:$320.18
- Tax amount:$7,771
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