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$ 440,000
Est. payment /mo
Active
24 Leupp Ln Franklin Twp., NJ 08873
5 Beds
2 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $293
MLS Listing ID 4002337
Style 3-Three Story
Bedrooms 5
Full Baths 2
Annual Tax Amount $9,222
Tax Year 2024
Lot Size 0.790 Acres
Property Description
Delivered completely vacant and sitting on an exceptionally rare 34,560 sq ft (0.7934 acres) lot, this two-family fixer-upper is the kind of canvas investors and developers wait for, space, flexibility, and upside in one package.The existing layout offers a solid starting point for value-add: a 4-bedroom / 1-bath unit over a 1-bedroom / 1-bath unit. 5 bedrooms, 2 bathrooms, ideal for a full renovation and reposition. With two separate units and vacant possession, you can move straight into your plan: renovate and hold, renovate and sell, or explore longer-term strategies based on what's feasible for the site. What truly separates this opportunity is the nearly 0.8-acre parcel. Land like this opens the door to creative possibilities expanded outdoor amenities, parking, storage, potential addition/expansion, acknowledging that any future use, subdivision, or redevelopment would be subject to township approvals, zoning, permits, and due diligence. Bring your contractor, architect, and vision, this is a true investor-grade opportunity with room to add real value.
Location
State NJ
County Somerset
Rooms
Basement Finished-Partially
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS VILLAGE SQUARE
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