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Map
$799,900
↓ $199K (19.9%)
●
Multifamily -
For Sale
521 Canal Rd
Franklin Twp., NJ 08873
12 Beds
0 Bath
$3,928
Estimated Monthly
About This Property
Two homes on one lot with parking for 15 cars. Operating as a
nonprofit Mental Health Facility for the past 40 years. The first
structure/main home is a two story Dutch Colonial with 12 rms
consisting of 6 bedrooms, 2.5 baths, kit, din, liv, foyer/library
and a walk out basement with two offices. The second structure is a
Converted Barn/Office/Dwelling with 13 rooms of which the walk out
1st floor offers: 3 bedrooms, lounge & full bath. The 2nd floor is
also ground level (in the front) which is the facilities office
space and has a reception area, conference rm, 3 offices/Bedrooms,
kitchenette & a half bath. An added bonus to the office space is a
spiral staircase leading to a mezzanine overlooking the reception
area plus two storage rooms. The third structure is a barn which
offers parking for 1 car, 2 horse stalls, a storage room and walk
up stairs to the loft which has a game room and arts & crafts room.
Dutch Colonial/main home has it's own septic, oil fired boiler with
radiators/steam for heat & a propane tank for cooking. The
Converted Barn/Office/Dwelling has it's own septic, electric heat
on 1st floor walkout, radiant heat in the floors for the office
space, CAC (only in the office). The third structure/barn has a
ceiling mounted propane heater for the loft. Property includes
additional adjoining lot 18.05 located at 1 Miller Farm Rd. (NOT
buildable). Total acres for both lots 5.33. Minutes to Princeton,
Somerville & New Brunswick. Easy access to Rts 287, 78, 22 & 1.
Unit Size
-
Days on Market
76 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,433
HOA Dues
-
Year Built
-
Listed By
Last updated: 2 months ago (GSMLS #3894638)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 7, 2024 | Price Decreased |
$799,900
↓ $199K
(19.9%)
|
|
Price Decreased | |||
Apr 6, 2024 | Listed by MILLENNIUM 21 REALTY | $999,000 | |
Listed by MILLENNIUM 21 REALTY |
Property Highlights
Air Conditioning
Parking Details
Open Parking Spaces: 15
Driveway Description: Crushed Stone, Driveway-Exclusive, Parking Lot-Exclusive
Interior Details
Interior Information
Water Heater: Gas
Basement Information
Has Basement
Basement Description: Finished, Full, Walkout
Exterior Details
Property Information
Year Built Description: Approximate
Lot Information
Lot Description: Stream On Lot
Financial Details
Tax Rate: 1.931
Tax Rate Year: 2023
Tax Year: 2023
Tax Amount: $17,197
Assessment Building: $345,800
Assessment Land: $544,800
Assessment Total : $890,600
Utilities Details
Cooling Type: 1 Unit, Central Air, Window A/C(s)
Heating Type: 3 Units, Baseboard - Electric, Radiant - Hot Water, Radiators - Steam
Heating Fuel: GasPropL, OilBelow
Water Source: Well
Sewer Septic: Septic
Utilities: Electric, Gas-Propane
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
5
Beds
4
Baths
3,433 ft²
$228/ft²
$783,000
May 31, 2019
$783,000
Oct 11, 2019
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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