For Multi Family

255 Franklin St,Elizabeth City, NJ 07206-1624

January 13, 2026

Well-Welcome to a 2-family home featuring two separate units with a functional and practical layout. Each unit offers its own kitchen and living/dining area, creating comfortable and independent living spaces. The second unit features 3 bedrooms and 1 bathroom on the 1st level and 2 spacious rooms and a bathroom on the 2nd level that provides flexible space to accommodate a range of household needs. This multi-unit property provides a layout suitable for investors or buyers seeking flexible living arrangements, with thoughtful separation between units and efficient use of space throughout.

Property ID:PT-28175825-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 655,000 $

Bedrooms:8

Year Built:1880

Listing Details

Status: Active

Location

County: Union

Lotsize: 25X100

Lot Identifier: 42

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Full

Acreage: 0.06

Total Baths: 3.00

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 15

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: At Closing

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 9

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room

Block Identifier: 790

County Number: 29

Town Number: 2904

YB/Desc: 1880 - Approximate

Easement: Unknown

Parking/Driveway Description: On-Street Parking

Block Identifier: 790

County Number: 29

Town Number: 2904

Possession: At Closing

Taxes, Fees & Assessments

Gross Operating Income: 9999

Net Operating Income: 9999

Tax ID For Property: 2904-00790-0000-00042-0000-

Tax Amount: $7,043.00

Tax Year: 2024

Tax Rate: 1.924%

Tax Rate Year: 2025

Land Assessment: $132,800.00

Building Assessment: $233,300.00

Total Assessment: $366,100.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

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Listing Details

255 Franklin St,Elizabeth City, NJ 07206-1624

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