2 months on rocket

13 Highland Ave, Franklin, NJ, 08873

$699,000

Home List Price

$8,301*

Closing Credit

0 Baths
1,574 SqFt
$444/SqFt
Multi
Schools Nearby

Location

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13 Highland Ave, Franklin Township$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1947
HeatingElectric
CoolingOther
MLS #2408149R
Lot Size0.23 Acres
StatusActive

About 13 Highland Ave

FOR SALE: Investment Property located on Jefferson Street and Highland Ave, one block off of Hamilton Street. The property is minutes from downtown New Brunswick, Rutgers University, RWJUH, St. Peters Hospital, and the NE Corridor Line to NYC. Property Features: Two Residential Houses currently rented for $3,700 per month (potential to increase rents) Total Lot Size: .23 Acres HBD Zone (Hamilton Business Development) Large Fenced Area Currently Used by a Landscaper. Potential for Owner to Use. Real Estate Taxes: $7,052 per year Asking Price: $699,000 The Property is ideal for investors, with the potential to renovate the properties and increase rents. It is also ideal for an owner occupier looking to occupy one or both houses and use the storage area for their personal equipment, supplies, vehicles, etc. The Property is currently tenant occupied. Please call to make an appointment.

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 2
  • Living Area: 1,574 SqFt

Listing Office:

  • Office Name: DAVIS REALTORS

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Interior: Unit 1(4 Bedrooms, 2+ Baths), Unit 2(1 Bedroom, 1 Bath)

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $444/SqFt
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Housing Market Comparison

See how this home compares to others in Franklin Township, NJ.

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Franklin Township, NJ

City

Med. Sold Price

$468.3K

Med. Price/SqFt

$285

Avg. Days On Market

26

# of Sold Homes

55

13 Highland Ave vs Franklin Township

77 DAYS ON ROCKET

+51 Days

$699,000

+$230.6K More

$444/SqFt

+$159 More

KEY TAKEAWAY

This property is $230.6K more than the Median Sold Price and $159/SqFt more than other homes in Franklin Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2408149R

Listing Office:

  • Office Name: DAVIS REALTORS

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 3:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4533741
4
/10

  • Pine Grove Manor School

  • 130 Highland Ave

  • 0.46 miles

  • Public District Grades PK-4

school-card-donut-4533742
1
/10

  • Lincoln Elementary School

  • 66 Bartlett St

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-4533743
3
/10

  • Hillcrest School

  • 500 Franklin Blvd

  • 0.97 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,250. The most common annual income of people living in Franklin Township, NJ is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Somerset County›Franklin Township›08873›13 Highland Ave

This home is located at 13 Highland Ave in Franklin, NJ and zip code 08873. This 1,574 square foot home, which was built in 1947, sits on a 0.23 acre lot. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $699,000.

Franklin Township, NJ housing market in April 2024 saw over 45 listings sold above listed price, more than 4 sold at listed price and over 6 sold below. The number of listings in Franklin Township, NJ increased by 12% between March 2024 and April 2024. While the average time on the market in April 2024 was 26 days, the median list price was $468,333.

From Rocket Homes Real Estate and based on county public records data.

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