Listing Details

271 Quakertown Rd,Franklin Twp., NJ 08867-4144

  • May 1, 2026

Description

Located in the heart of Pittstown, this distinctive mixed-use property offers a rare blend of character, functionality, and income potential.Currently configured as a fitness studio with a second-floor two apartment, both occupied and producing income. The property features strong infrastructure including separate entrances, two electric meters, two oil tanks?allowing for flexibility and ease of management.Recent improvements include newer siding, windows, furnaces, gutters, and a resealed roof, providing peace of mind and long-term efficiency.The first floor offers an open studio space ideal for a variety of business uses, while the upper level?legally a 2-bedroom apartment?provides additional income. Currently occupied, the fitness studio rent is $2000/m, while the apartment brings in $1900/m generating a yearly gross income of $46,800.Additional features include off-street parking, a carport, and a basement with Bilco doors for storage and accessibility. This property can be sold as a package with 269 Quakertown Rd. MLS#4024292. Reach out today for appointments and questions

Details

Last Updated On: May 1st, 2026 at 8:28 am
Property ID:PT-39607965-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 450,000 $
Bedrooms:2
Year Built:1840

Additional Details

Listing Details

Status: Active

Location

County: Hunterdon
Lotsize: .11
Lot Identifier: 2
Lot Identifier: 2

Home Details

Open Parking: 2
Basement: Yes
Renovated: 2017
Basmnt/Desc: Yes - Bilco-Style Door, Full
Acreage: 0.11
Total Baths: 1.10
Unit Style: 2-Two Story, Under/Over
Number of Units: 2
Rooms: 6
Easement/Desc: Yes
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: at closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector
Unit 1 Levels: 1
Unit 1 Rooms: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Rent: 2000
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Electric
Unit 2 Levels: 1
Unit 2 Rooms: 4
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Rent: 1900
Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room
Garage Description: Carport-Attached
Block Identifier: 29
County Number: 19
Town Number: 1910
YB/Desc: 1840 - Approximate
Easement: Yes
Parking/Driveway Description: 1 Car Width, Blacktop, Driveway-Shared
Block Identifier: 29
County Number: 19
Town Number: 1910
Possession: at closing

Utilities

Heat Source: Oil Tank Above Ground - Inside
Heat System: 2 Units, Radiant - Hot Water
Cool System: Window A/C(s)
Water: Shared Well
Sewer: Septic

Schools

Grade School: FRANKLIN
Middle School: FRANKLIN
High School: N.HUNTERDN

Taxes, Fees & Assessments

Tax ID For Property: 1910-00029-0000-00002-0000-C0002
Tax Amount: $7,199.00
Tax Year: 2025
Tax Rate: 3.005%
Tax Rate Year: 2025
Land Assessment: $131,500.00
Building Assessment: $101,500.00
Total Assessment: $233,000.00
FHA Age Restricted: No

Other

Zoning: NB

Statistics

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