$320,000
↓ $9K (2.7%)
●
House -
For Sale
233 Franklin Rd
Denville Twp., NJ 07834
2 Beds
1 Bath
$1,951
Est. Monthly
About This Property
Welcome to 233 Franklin Road, enjoy cozy, lake-style living in this
inviting home featuring an updated open-concept living room and
kitchen combination. The main level also offers a full bathroom and
convenient laundry room for added functionality. Upstairs, you'll
find two versatile rooms that can serve as bedrooms, a home office,
den, or additional living space.Come experience all this property
has to offer and embrace the relaxed lifestyle of Indian Lake
community.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1925
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 days ago (GSMLS #4010223)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2026 | Price Decreased |
$320,000
↓ $9K
(2.7%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$329,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Mar 27, 2026 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Feb 17, 2026 | Listed by KELLER WILLIAMS PROSPERITY REALTY | $349,000 | |
| Listed by KELLER WILLIAMS PROSPERITY REALTY | |||
| Jan 3, 2019 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Interior Details
Full Bathrooms: 1
Appliances: Carbon Monoxide Detector
Flooring Type: Laminate, Tile
Rooms: 5
Exterior Details
Architectural Style: Lakestyle
Construction Materials: Vinyl Siding
Lot Features: Irregular Lot
Lot Size Area: 7405.2
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Water Source: Public
Financial Details
Tax Assessed Value: $165,000
Tax Annual Amount: $4,547
Utilities Details
Cooling Type: Heat Pump, 2 Units
Heating Type: Heat Pump, 2 Units
Sewer : Public Sewer
Location Details
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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Sold On
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HOA + Taxes
About Morris
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Last Updated: 5 days ago
Data Source: GSMLS, MLS#
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 IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website 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 listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: GSMLS, MLS#
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