$625,000
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69 State Rt 23, Franklin Boro, NJ 07416

5 Beds
4 Baths
3,651 Sq Ft

Fantastic opportunity on highly visible Route 23! This building offers a spacious retail storefront on the main level along with three income-producing residential units above, making it ideal for investors or owner-operators seeking strong cash flow. The property features on-site parking, a full unfinished basement for storage, and flexible HC zoning that supports a wide variety of commercial uses. With excellent highway exposure, steady local traffic, and built-in rental income from the residential apartments, this property delivers exceptional value and long-term potential in the heart of Franklin.

  • MLS# 3999676
  • Date Listed11/30/2025
  • Days on Realty 7 Days
  • Bedrooms 5
  • Bathrooms 3 Full baths, 1 Half baths
  • Lot Size 0.11 acres (4,792 sq. ft)
  • Sewer Public Sewer
  • Subdivision Rt 23 South
  • Property Type Multi Family
  • County Sussex
  • Year Built 1920
  • Water Well
  • Square Feet 3,651 sq. ft
  • Price Per Sq. Ft $171.19

Interior Features

  • Appliances Electric Water Heater
  • Heating Baseboard, Oil

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres 0.11
  • Lot Size SQFT 4,791.60
  • Lot Features -

Financial Considerations

  • Tax Amount $13,546
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NJ / 07416

Source: Walkscore

51/100

Somewhat Walkable

Walk Score ®

33/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 10/100.

Property Change History

Points of Interest near 69 State Rt 23, Franklin Boro, NJ 07416

Frequently Asked Questions for 69 State RT 23

Source: Realty.com

69 State Rt 23, Franklin Boro, NJ 07416 is a Multi Family, Residential Income property listed for $625,000 The property is 3651 sq. ft with 5 bedrooms and 4 bathrooms

Realty.com has 15 photos of 69 State RT 23.

Our records indicate that 69 State RT 23 was built in 1920.

The full address for this home is 69 State Rt 23, Franklin Boro, NJ 07416.

69 State RT 23 has been listed on Realty.com since Sun November 30, 2025

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 10/100.

There are 3 schools assigned to this home. Check out the schools near 69 State RT 23. Franklin Elementary School (Grades: PK - 8), Hardyston Township Middle School (Grades: 5 - 8), Wallkill Valley Reg High School (Grades: 9 - 12)

Listing provided courtesy of: Juba Team Realty (tel: 973-874-0800)
Listing agent: Justin Juba (tel: 973-874-0800) (#270475)

This content last refreshed on 2025-12-07 08:47:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 69 State Rt 23, Franklin Boro, NJ 07416 : MLS# 3999676