271 Quakertown Rd 2, Franklin Twp., NJ 08867
Hunterdon County
Key Facts
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
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
2-Two Story / Under/Over
Year Built
1840
Stories
2
Lot Size
0.11 acres
Days on Market
1
MLS® Listing#
4024307
Property Features
Cooling
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Schools
- Elementary:
- FRANKLIN
- Middle:
- FRANKLIN
- High:
- N.HUNTERDN
Financial Details
Annual Taxes
$7,199
Tax year 2025
Assessed Value
$233,000
Parcel Number
1910-00029-0000-00002-0000-C0002
Directions
Route 78 to exit 15, south on Pittstown Rd. Left on Quakertown Rd. Building on the left in 1.25mi.
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $360,000 · Est. interest $502,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Franklin Twp., NJ
- $660,771
- Median Listing Price
- 39
- Median Days on Market
- 2,225
- Median Sq Ft
- $320
- Median Price / Sq Ft
- 3,904
- Active Listings
- This home’s price is 32% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Franklin Twp., NJ.
Location
- 271 Quakertown Rd 2, Franklin Twp., NJ 08867
Points of Interest in Franklin Twp., NJ
Showing the Franklin Twp. area map.
Nearby Schools
Franklin Township School
Elementary · 0.2 mi away
Delaware Valley Regional High School
Secondary · 3.3 mi away
Alexandria Middle School
Elementary · 3.6 mi away
Lester D. Wilson Elementary School
Elementary · 4.2 mi away
Little Angels Preschool
School · 4.2 mi away
Francis A Desmares Elementary School
Elementary · 4.6 mi away
Patrick McGaheran School
Elementary · 4.7 mi away
Union Township Middle School
Secondary · 4.7 mi away
Union Twp Elementary School
Elementary · 4.7 mi away
St. Paul Christian School
School · 5.0 mi away
Lightbridge Academy
School · 5.0 mi away
Hunterdon County Polytech
Secondary · 5.1 mi away
Clinton Public School
Elementary · 5.2 mi away
Goddard School
School · 5.3 mi away
North Hunterdon High School
Secondary · 5.3 mi away
Kingwood Township School
Elementary · 5.5 mi away
Robert Hunter Elementary School
Elementary · 5.6 mi away
Presbyterian Church
Elementary · 5.7 mi away
Flemington Presbyterian Preschool
Elementary · 5.7 mi away
Reading-Fleming Intermediate School
Secondary · 5.7 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Franklin Twp.
Listing Courtesy: SIGNATURE REALTY NJ - 9739211111