NJ > Franklin Boro
Franklin Boro, NJ 07416,585 State Rt 23
Franklin Boro, NJ 07416,585 State Rt 23
Franklin Boro, NJ 07416,585 State Rt 23
Franklin Boro, NJ 07416,585 State Rt 23
Franklin Boro, NJ 07416,585 State Rt 23
Franklin Boro, NJ 07416,585 State Rt 23
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Brenda Barzola-Diaz

Brenda Barzola-Diaz

+1(201) 850-0771
$ 575,000
Est. payment | /mo

0.31 Acres Lot

Save
$ 575,000
Est. payment | /mo
Save

0.31 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4003646

Year Built 1930

Annual Tax Amount $13,981

Tax Year 2024

Lot Size 0.310 Acres

Property Sub-Type Mixed Use

Property Description

Prime Income-Producing Investment Opportunity! Don't miss this versatile, fully rented investment property featuring three buildings with a strong mix of residential and commercial income. The property includes three residential units two 1-bedroom with 1 bath apartments and one stand-alone 3-bedroom, 1.5 bath house plus a garage/repair shop with excellent highway exposure. The commercial garage offers three overhead doors, a car lift, office space. Property serviced by natural gas and oil heat, making it ideal for automotive, contractor, or service-based use. Ample off-street parking supports both residential tenants and business operations. All units are fully rented, allowing you to start generating income immediately. Tenants are responsible for all utilities, while the owner covers taxes, snow plowing, and lawn maintenance, keeping expenses straightforward and predictable. Total rent rolls $7,000/month! The stand-alone house and upper residential unit have been recently refreshed/renovated, adding value and tenant appeal. Strategically located on a highway for maximum visibility, this property is also close to shopping, Crystal Springs, and popular ski resorts, increasing long-term rental demand and commercial potential. A rare opportunity to acquire a turnkey, mixed-use investment with multiple income streams in a high-exposure location.

Location

State NJ

County Sussex

Zoning HC2

Rooms

Basement Full, Unfinished, Walkout

Interior

Heating Gas-Natural, Oil Tank Above Ground - Outside

Cooling See Remarks

Flooring Concrete, Laminate, Tile, Wood

Equipment See Remarks, Smoke Detector

Heat Source Gas-Natural, Oil Tank Above Ground - Outside

Exterior

Exterior Feature Concrete, Vinyl Siding

Utilities Available Electric, Gas-Natural, See Remarks

Roof Type Asphalt Shingle

Building

Lot Description Level Lot, Open Lot

Story 2

Sewer Public Sewer

Water Well

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KISTLE REALTY, LLC.
Brenda Barzola-Diaz

"My job is to build a relationship based on trust with our clients. Trusting us to navigate the complexities of real estate transactions seamlessly, ensuring a smooth and rewarding experience from start to finish. We help you achieve your property goals with confidence and peace of mind."

+1(201) 850-0771

hello@brendabarzola.com

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585 State Rt 23