For Sale56d on marketHistoric · 126 yrs
165 State Rt 23 #3
Franklin, NJ, 07416 • 07416 • Sussex County
$499,900
$357/sqft
-$25,100 since Mar 25, 2026
Down payment assistance available
3Baths
1,400Sqft
1 acLot
1900Built
Property DNA
Character Home
Built 1900 · 126 years of history
14-Car Garage
Parking Lot-Exclusive
This home is getting attention
Listed 56 days ago · 313 views · 4 saves
Market activity
Demand and pricing signals for this listing
313 views
People checking out this listing
4 saves
Buyers have saved this home
56 days on market
Established listing
$357/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 29% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Apartment · Built 1900 · Historic
Great investment opportunity on a highly visible highway commercial zone for your business! 3500 SF Building, 2 rented units one 1400 SF office space perfect for your business features 6 individual offices, waiting room, reception area, handicapped bathroom and kitchen. Full usable basement with connected separate entrance and huge parking lot with plenty of parking. Perfect for Doctor, lawyer, dentist, chiropractor, business offices, professional, artist, antique shop, retail shop, coffee shop, auto related sales and so much more! Rent the offices spaces out as a co-op, possibilities are endless! 2 units rented for Income potential Don't wait, you can lease this space immediately, decide to rent to buy and or owner financing available. Amazing location close to everything and only 90 minutes NYC!
Standout features identified
Our analysis highlights waiting room, reception area, and handicapped bathroom as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,124/month
Principal & Interest$2,458
Property Tax$500
Insurance$167
Down payment20% ($99,980)
3%50%
Est. 6.23% rate · 30yr fixed · $399,920 loan
Full calculator →At a glance
Key facts and listing details
TypeApartment
Year Built1900
Heating1 Unit, Oil Tank Above Ground - Inside
Cooling2 Units, Central Air, Ductless Split AC
Parking14 Garage spaces
Days on Zillow56 Days
Price/sqft$357
Property
Home typeApartment
Sub-typeApartment
Year built1900
Stories2
Systems
Heating1 Unit, Oil Tank Above Ground - Inside
Cooling2 Units, Central Air, Ductless Split AC
RoofAsphalt Shingle
ConstructionWood, Vinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingParking Lot-Exclusive
Garage14 spaces
BasementYes,Full,Storage Space,Unfinished,Walk-Out Access
Lot1.01 Acres
Location & Tax
Neighborhood07416
Annual tax$14,597
Parcel2806015040000000180000
Features & details
9 categories of property features
Interior Features
Flooring
Carpet
Heating
1 Unit
Oil Tank Above Ground - Inside
Cooling
2 Units
Central Air
Ductless Split AC
Exterior Features
Parking
Parking Lot-Exclusive
Construction
Wood
Vinyl Siding
Lot Features
Corner Lot
Corner
Freestanding
Security
Smoke Detector(s)
Utilities
Electricity Connected
Gas In Street
Cable Available
Garbage Included
Internet Available
Gas
Gas In Street
Listing insights
Market data and value estimates
StatusFor Sale
Days on market56
Tax rate2.05%
Price/sqft$357
On marketFeb 12, 2026
PostedFeb 12, 2026
MLS statusActive
MLS updatedMar 25, 2026
Tour days9
Views313
Favorites4
How are the schools in Franklin?
2 schools rated nearby
Location
Franklin, NJ, 07416
Price history
2 events
DateEventPrice$/sqftSource
Mar 25, 2026Price Change$499,900$357GSMLS
Feb 12, 2026Listed For Sale$525,000$375GSMLS
Price Change$499,900
Mar 25, 2026•$357/sqft•GSMLS
Listed For Sale$525,000
Feb 12, 2026•$375/sqft•GSMLS
Nearby homes
Neighborhood details
Local context around this listing
Franklin, NJ • Sussex County
Nearby cities
AndoverFranklinHamburgHighland LakeHopatcongNewtonSparta TownshipStanhope
Nearby zip codes
07416
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