NJ > Franklin Twsp > New Brunswick Estates
Franklin Twsp, NJ 08873,16 Millstone RD
Franklin Twsp, NJ 08873,16 Millstone RD
Franklin Twsp, NJ 08873,16 Millstone RD
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$625,000
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1,952 SqFt
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16 Millstone RD Franklin Twsp, NJ 08873

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active-Attorney Review

Purchase Type For Sale

Square Footage 1,952 sqft

Price per Sqft $320

Subdivision New Brunswick Estates

MLS Listing ID 2608141R

Year Built 1960

Annual Tax Amount $7,771

Tax Year 2024

Lot Size 0.321 Acres

Acres 0.3214

Lot Dimensions 140.00 x 70.00

Property Sub-Type 2 Family

Source CJMLS API

Property Description

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. Best and final for our listing at 16 Millstone Road, Franklin Twp is due before Sunday December 14th at 5pm.

Location

State NJ

County Somerset

Zoning R7

Rooms

Basement Full, Storage Space, Utility Room

Interior

Interior Features Unit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room)

Heating Central, Forced Air

Cooling A/C Wall Unit(s), A/C Window Unit(s)

Flooring Unit 1 Carpet, Unit 2 Carpet

Appliance Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)

Heat Source Natural Gas

Exterior

Utilities Available See Remarks

Roof Type Asphalt

Building

Lot Description Near Shopping, Corner Lot

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0800139000000019

Ownership Fee Simple

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2608141R

Central Jersey MLS (CJMLS)
Listed by TVERDOV HOUSING

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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