23 days on rocket

521 Canal Rd, Franklin Twp, NJ, 08873

$999,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
3 Full Baths, 2 Partial
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

521 Canal Rd, Franklin Township$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingCrushed Stone, Driveway-Exclusive, Parking Lot-Exclusive
Year Built1850
HeatingBaseboard, Hot Water
CoolingSingle Unit, Central Air
BasementYes
MLS #3894638
Lot Size5.30 Acres
StatusActive

About 521 Canal Rd

Two homes on one lot with parking for 15 cars. Operating as a nonprofit Mental Health Facility for the past 50 years. The first structure/main home is a two story Dutch Colonial with 12 rms consisting of 6 bedrooms, 2.5 baths, kit, din, liv, foyer/library and a walk out basement with two offices. The second structure is a Converted Barn/Office/Dwelling with 13 rooms of which the walk out 1st floor offers: 3 bedrooms, lounge & full bath. The 2nd floor is also ground level (in the front) which is the facilities office space and has a reception area, conference rm, 3 offices/Bedrooms, kitchenette & a half bath. An added bonus to the office space is a spiral staircase leading to a mezzanine overlooking the reception area plus two storage rooms. The third structure is a barn which offers parking for 1 car, 2 horse stalls, a storage room and walk up stairs to the loft which has a game room and arts & crafts room. Dutch Colonial/main home has it's own septic, oil fired boiler with radiators/steam for heat & a propane tank for cooking. The Converted Barn/Office/Dwelling has it's own septic, electric heat on 1st floor walkout, radiant heat in the floors for the office space, CAC (only in the office). The third structure/barn has a ceiling mounted propane heater for the loft. Property includes additional adjoining lot 18.05 located at 1 Miller Farm Rd. (NOT buildable). Total acres for both lots 5.33. Minutes to Princeton, Somerville & New Brunswick. Easy access to Rts 287, 78, 22 & 1.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1850

Listing Office:

  • Office Name: MILLENNIUM 21 REALTY
  • Office Phone: (908) 541-0050

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Exterior: Barn/Stable, Carriage House

Parking Information:

  • Parking: Crushed Stone, Driveway-Exclusive, Parking Lot-Exclusive

Lot Features

Lot Information:

  • Lot Size: 5.30 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: Single Unit, Central Air

Other

Directions Information:

  • Directions: Amwell Rd to Market St in East Millstone to Canal Rd to #521. Corner of Canal and Miller Farm Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Med. Sold Price

$465K

Med. Price/SqFt

$280

Avg. Days On Market

28

# of Sold Homes

43

521 Canal Rd vs Franklin Township

23 DAYS ON ROCKET

-5 Days

$999,000

+$534K More

KEY TAKEAWAY

This property is $534K more than the Median Sold Price in Franklin Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3894638

Listing Office:

  • Office Name: MILLENNIUM 21 REALTY
  • Office Phone: (908) 541-0050

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

Powered By

Rocket Mortgage

Advertisement

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-3383018
6
/10
  • Amsterdam Elementary School

  • 301 Amsterdam Dr

  • 1.02 miles

  • Public District Grades KG-4

school-card-donut-3383019
8
/10
  • Woods Road Elementary School

  • 120 South Woods Rd

  • 1.79 miles

  • Public District Grades PK-4

school-card-donut-3383020
7
/10
  • Thomas Edison Energysmart Charter School

  • 92 Cortelyou Ln

  • 2.86 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $136,007. The most common annual income of people living in Franklin Township, NJ is between $100k-200k. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseySomerset CountyFranklin Township08873521 Canal Rd

This home is located at 521 Canal Rd in Franklin Twp, NJ and zip code 08873. This home, which was built in 1850, sits on a 5.30 acre lot. Features: 12 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $999,000.

While more than 34 listings in Franklin Township, NJ in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. In March 2024 in Franklin Township, NJ there were 12.6% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $465,000, while the average time on the real estate market was 28 days.

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

More Resources