Franklin Boro, NJ 07416 69 State Rt 23
$495,500
Pending



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Presented By: REALTY EXECUTIVES EXCEPTIONAL; 973-985-1658
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
Retail plus three residential spaces. Prime mixed use with exceptional visibility on Route 23 at the southern end of the Franklin highway commercial zone. There is parking for the retail space in front and a large private lot in the rear for residential tenants or overflow for the retail space. Two 2 bed and one 1 bed residential apartments along with the storefront are all occupied with month to month tenants ensuring a day 1 income stream. A large attic provides tons of storage space. The 2 bed units upstairs have gas stoves and the boiler is oil fired but natural gas is readily available for conversion. The Franklin Shopping Center is right across the street. New siding and a new boiler make for low maintenance enabling a buyer to live and work from one property or open a business with overhead costs paid for by your residential tenants. An exceptional opportunity for business owners, investors, or someone looking for a live and work at one location arrangement. The possibilities are plentiful with this property ready for ownership takeover.
Presented By: REALTY EXECUTIVES EXCEPTIONAL; 973-985-1658
Interior Features for 69 State Rt 23
Bathrooms
Num Units w/Full Bath3
Num Units w/Half Bath1
Half Baths4
Other Interior Features
Price Per Sq Ft143.80
Available Sq Ft3651
Num 2 Bdrm Units2
Num 1 Bdrm Units1
BasementFull, Storage, Unfinished
Fuel TypeElectric, Gas-Propane Leased, Oil Tank Above Ground - Inside
Total Stories2
General for 69 State Rt 23
ConstructionWood
CoolingWindow A/C(s)
CountySussex
DirectionsRoute 23 south between Munsonhurst and Franklin Avenues.
Documents AvailableIncome & Expenses, Leases
DriveCommon, Driveway-Exclusive, Hard Surface, Parking Lot-Exclusive
EasementNo
Equipment AvailableSign - Building
Garage Spaces10
Heating1 Unit, Baseboard - Hotwater, Multi-Zone
Leasable Area1240
Lease IncludesHeat, Sewer, Water
Lease InformationMonth-To-Month
LocationFreestanding, Highway Location
Num Apts3
Number Of Units Total4
Number of Amps200
OwnerPaysHeat, Sewer, Snow Removal, Trash Removal, Water
OwnershipFee Simple
Permitted UseMixed
Possessionat close
Property TypeMixed Use
Property TypeMixedUse
RoofAsphalt Shingle
ServicesCable TV Available
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount13546
Tax Assessed Value523600
Tax Lot9
Tax Year2024
Tenant PaysCable T.V., Electric
Town #2806
TownshipFranklin Boro
UtilitiesGas In Street, See Remarks
Year Built1920
ZoningHC
Exterior for 69 State Rt 23
Building Area Total3651
Exterior DescriptionVinyl Siding
Lot Dimensions.107 AC
Lot Size Acres0.11
Max Ceiling Height8
Max Door Height7
Number of Bays0
Number of Docks0
Total Parking10
Water SourcePublic Water
Additional Details
Price History
