69 State Rt 23
Franklin Boro, NJ 07416
Price: $625,000
GSMLS: 3999676Type: Multi-Family
Style: 2-Two Story
Total Units: 4
Beds: 5
Baths: 3 Full & 1 Half
Garage: No
Year Built: 1920
Acres: 0.11
Property Tax: $13,546
Description
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.
General Info
Style:
2-Two Story
SqFt Building:
3,651
Total Rooms:
10
Basement:
Yes - Full, Unfinished, Walkout
Interior:
Carbon Monoxide Detector, Fire Extinguisher
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
n/a
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width
Spaces Available:
5
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Family Room, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Owner Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
1
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Utilities
Heating:
1 Unit, Baseboard - Hotwater
Heating Fuel:
Oil Tank Above Ground - Inside
Cooling:
Window A/C(s)
Water Heater:
Electric
Water:
Private, Well
Sewer:
Public Sewer
Utilities:
Gas In Street, Gas-Propane
Services:
n/a
School Information
Elementary:
FRANKLIN
Middle:
FRANKLIN
High School:
WALLKILL
Community Information
County:
Sussex
Town:
Franklin Boro
Neighborhood:
Rt 23 South
Financial Considerations
List Price:
$625,000
Tax Amount:
$13,546
Land Assessment:
$176,800
Build. Assessment:
$346,800
Total Assessment:
$523,600
Tax Rate:
2.65
Tax Year:
2024
Listing Information
MLS ID:
3999676
List Date:
11-30-2025
Days On Market:
3
Listing Broker:
JUBA TEAM REALTY
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
