See Home Value
Glassboro 08028
316 FRANKLIN ROAD
$300,000
● House - Off Market

316 FRANKLIN ROAD

GLASSBORO, NJ 08028
bedrooms
6 Beds
bathrooms
2 Baths
square feet
1,968 Ft²
$2,019
Est. Monthly
9.93%
Cap Rate

About This Property

Great Investment Property! This Cape cod was updated In 2018 and been used as a college rental.

The main floor has a kitchen and 3 bedrooms along with a full bath.  The upstairs is a large loft that serves as a bedroom, with 2 closets.  The basement has 2 bedrooms and a full bathroom/laundry.  The property offers a large driveway with parking for 6+ vehicles.  One Car Detached Garage. Property TAXES UNDER 6k for a 6 bedroom!!! Roof was replaced in 2017-2018. HVAC was replaced 2017-2018. Water heater replaced 2022

Currently rented until the end of July at $2850., but they would leave the end of June if new buyer would prefer. With a few upgrades this properties potential rent could go to $3600+.  This home is in desirable Chestnut Ridge section & very close to Rowan University.  Bring all offers. Motivated Seller.  Being Sold "As-Is"
Unit Size
1,968 Ft²
Days on Market
92 days
Land Size
0.18 acres
Price per sqft
$157
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1952

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Last updated: 2 years ago (Bright MLS #NJGL2056732)

Price History

Date / Event Date Event Price
Jul 31, 2025 Sold
Sold
Jun 29, 2025 In contract -
In contract
Jun 18, 2025 Price Decreased $309,900
↓ $10K (3.1%)
Price Decreased
Jun 1, 2025 Price Decreased $319,900
↓ $15K (4.5%)
Price Decreased
May 24, 2025 Price Decreased $335,000
↓ $15K (4.3%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,015
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Glassboro Borough School District
  • Census Tract: 501403

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 1.11
  • District: 06
  • Parcel: 06 00130-0000-00008
  • Block: 130
  • Lot: 8
  • Municipality: GLASSBORO BORO
  • Latitude: 39.7042
  • Longitude: -75.1304

    Address

  • Full Address: 316 Franklin Rd
  • Address - House Number: 316
  • Address - Street Name: Franklin
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Glassboro
  • Carrier Code: C004
  • 4-Digit Zip Code: 1509
  • Zip Code: 08028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $593,081

    Appraisal Valuation

  • Standard Deviation: 0.1946
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 286,354
  • High Value: 342,104
  • Low Value: 230,603

    Market Valuation

  • Market Total Value: $203,165
  • Market Land Value: $64,965
  • Market Improvement Value: $138,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,500
  • Assessed Land Value: $54,200
  • Assessed Improvements Value: $115,300

    Sales

  • Current Sale Contract Date: Jan 09, 2018
  • Current Sale Recording Date: Jan 11, 2018
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 01411
  • Previous Sale Recording Date: Dec 23, 2016
  • Previous Sale Contract Date: Dec 19, 2016
  • Previous Sale Amount: $13,000
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Glassboro


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Nearby Rentals

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209 Laurel Avenue, GLASSBORO, NJ, 08028 Listing by Brian E Eachus Jr.
Unit for rent at 217 University Boulevard, GLASSBORO, NJ, 08028

$3,900 /mo

  • 6 Beds
  • 3 Baths
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217 University Boulevard, GLASSBORO, NJ, 08028 Listing by Brian E Eachus Jr.


Frequently Asked Questions

When was property at 316 Franklin Road built and last sold?
The property at 316 Franklin Road was built in 1952 and last sold on Jan 9, 2018 for $169,900.
How much is this home worth?
The estimated value of the home located at 316 Franklin Road is $0.
What are some comparable homes to 316 Franklin Road?
There are currently no comparable homes to 316 Franklin Road.