554 Franklin St
Elizabeth City, NJ 07206
Price: $795,000
GSMLS: 4051521Type: Multi-Family
Style: 2-Two Story
Total Units: 4
Beds: 8
Baths: 4 Full
Garage: No
Year Built: 1900
Acres: 0.06
Property Tax: $11,478
Description
Welcome to 554 Franklin St, Elizabeth, NJ a well-configured four-family property offering an excellent opportunity for investors and owner-occupants alike. Each of the four apartments features a functional four-room layout with 2 bedrooms, 1 full bathroom, an eat-in kitchen, and a comfortable living room/dining room area. The consistent unit layouts provide practical living spaces and strong rental appeal. With four separate residential units under one roof, this property offers the potential for multiple income streams and long-term investment value. Conveniently located in Elizabeth with access to local shopping, dining, transportation, schools, major roadways, and nearby amenities. A great opportunity to add a solid multi-family property to your investment portfolio.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Owner Pays Water, Tenant 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/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
Baseboard - Hotwater, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Union
Town:
Elizabeth City
Neighborhood:
n/a
Financial Considerations
List Price:
$795,000
Tax Amount:
$11,478
Land Assessment:
$128,300
Build. Assessment:
$440,800
Total Assessment:
$569,100
Tax Rate:
2.02
Tax Year:
2025
Listing Information
MLS ID:
4051521
List Date:
09-09-2026
Days On Market:
0
Listing Broker:
RE/MAX IN ACTION
Listing Agent:
Pedro Oliveira
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com
