521 Canal Rd Franklin Twp, NJ $ 799,900
521 Canal Rd
$ 799,900
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521 Canal Rd

Franklin Twp, NJ, 08873
$ 799,900
Bedrooms12 Baths3.2

Monthly Estimate*

$ 5,316

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Multi-Family Home for sale in Franklin Twp, NJ

for $799,900 with 12 bedrooms and 3 full baths, 2 half baths. This home was built in 1850 on a lot size of 5.3.

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.

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Multi-Family Active

Price

$ 799,900

Bedrooms

12

Full Bath

3

Half Bath

2

Property Type

Multi-Family

Taxes

$ 17,197

Style

Lot Size

5.3

Year Built

1850

Town/City

Franklin Twp

County/Region

Somerset

MLS | Web ID

3894638

Features
General
Sewer Septic
Heating 3 Units Baseboard - Electric Radiant - Hot Water Radiators - Steam
Cooling 1 Unit Central Air Window A/C(s)
Utilities Electric Gas-Propane
Possession upon closing
Roof Asphalt Shingle Metal
Water Heater Gas
Exterior Features Barn/Stable Carriage House
Zoning CP
Architectural Style See Remarks
Year Built 1850
Township Franklin Twp.
Tax Year 2023
Gross Income 0
County Somerset
Net Operating Income 0
Operating Expense 0
Subdivision Name East Millstone
Total Rooms 25
Status Active
Directions Amwell Rd to Market St in East Millstone to Canal Rd to #521. Corner of Canal and Miller Farm Rd.
Open Parking Spaces 15
Total Units 2
Street Name Canal Rd
Tax Annual Amount 17197
Drive Crushed Stone Driveway-Exclusive Parking Lot-Exclusive
Days on Market 31
Standard Status Active
Tax Assessed Value 890600
Town # 2708
Tax Lot 18.03
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Interior
Basement Finished Full Walkout
Unit 1 Baths Total 2.1
Unit 1 Beds Total 6
Unit 2 Baths Total 1.1
Unit 2 Beds Total 6
Fuel Type GasPropL OilBelow
Full Baths 3
Half Baths 2
Total Bedrooms 12
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Exterior
Lot Features Stream On Lot
Water Source Well
Exterior Description Stone Wood
Lot Dimensions 5.3 ACRES
Lot Size Acres 5.30
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* Excluded Features
List By
JAMES C. FINKEL

Listing Agent

Millennium 21 Realty

Broker

jim@m21realty.com

Email

Affordability Calculator

$6,749
Per Month
79%
21%
0%
Monthly Principal & Interest
$5,316
Monthly Property Taxes
$1,433
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$799,900 -19.93% Price Down
4/6/2024$999,000 Listed Price

Map


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521 Canal Rd, Franklin Twp, NJ, 08873 is a Multi-Family Home for sale at $799,900 with a lot size of 5.3. 521 Canal Rd has 12 bedrooms, 3.2 baths, and was built in 1850. The property's zip code is 08873 which is in Franklin Twp, NJ