$625,000

16 Millstone Road, Franklin Twsp, NJ 08873

2 baths |
1,952 sqft

Multi-Family Home
Built in 1960
0.32acre lot
—— car garage
$320/sqft
Listed 13 days ago

Property Description

Discover the perfect blend of income potential and future possibilities at 16 Millstone Rd a well-maintained side-by-side duplex nestled on a huge corner lot. This rare opportunity offers two spacious, identical 3-bedroom 1 bath units, each delivering $1,695/month in rental income for a total of $3,390 monthly. With a desirable floor plan, huge space for parking and untapped upside, this property is an investor's dream in one of Somerset County's most sought-after towns. The house has a prime layout for easy living and renting. Thoughtful side-by-side design ensures privacy while simplifying maintenanceperfect for owner-occupancy in one half and renting the other. The expansive corner lot has endless potential (The lot holds exciting possibilities for subdivision but you must verify with the town). Current rents are attractively low for the area, offering immediate rental upside with just some cosmetic updating. Priced to sell in today's competitive market, 16 Millstone Rd combines growth potential with development upside. Whether you're looking to live in one unit and rent out the other, or scaling your portfolio, 16 Millstone is one you want to check out immediately. Best and final for our listing at 16 Millstone Road, Franklin Twp is due before Sunday December 14th at 5pm.

Listing Status:: Active
Date Added:: December 3, 2025 at 06:00AM
Listing Office:: TVERDOV HOUSING : 732-344-0701
Listing Agent:: PETER TVERDOV :
MLS ID:: 2608141R

General: Unit 1(Dining Room3 BedroomsKitchen1 BathLiving Room)Unit 2(Dining Room3 BedroomsKitchen1 BathLiving Room)
Appliances: Water Heater(See RemarksGas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)
Basement: FullStorage SpaceUtility Room
Flooring: Unit 1 CarpetUnit 2 Carpet
A/C: A/C Wall Unit(s)A/C Window Unit(s)
Heating: CentralForced Air

Parking: 4(+)Car Parking

Roofing: Asphalt
General: 2

Originating MLS: CJMLS API
County: Somerset

Zoning: R70800139000000019

Utilities: See Remarks
Water: Public
Sewer: Public Sewer

Source: CJMLS API

This listing courtesy of PETER TVERDOV, TVERDOV HOUSING

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Hillcrest School

500 Franklin Blvd, Somerset, NJ, 08873

Grades PK-5

0.57 miles away

Franklin Middle School @ Hamilton Street Campus

415 Francis St, Somerset, NJ, 08873

Grades 6-8

0.52 miles away

Franklin High School

500 Elizabeth Ave, Somerset, NJ, 08873

Grades 9-12

4.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.