East Franklin, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in East Franklin, New Jersey Market population: 8K. Browse multifamily, office, retail, industrial, and mixed-use...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For East Franklin NJ Properties: 1.7730%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For East Franklin NJ
Common questions from investors exploring commercial real estate in East Franklin NJ.
What's the overall investment outlook for East Franklin, NJ?
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With a median household income of $56,671, a relatively low poverty rate of 11.1%, and 80% health insurance coverage, East Franklin presents a stable investment market, especially considering its diverse population with top ethnicities being Hispanic, Black, and White, and a strong presence of retail trade and public administration industries.
How does the commute time impact the rental market in East Franklin?
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The average commute time of 23.2 minutes, combined with a high percentage of people driving alone or carpooling, suggests a convenient location for renters, which is further supported by the fact that 80% of the population has health insurance, indicating a relatively stable workforce, and the top industries of retail trade and public administration providing a steady source of employment.
What's the potential for property appreciation in East Franklin?
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Given the median property value of $277,000 and a homeownership rate of 54.9%, East Franklin's housing market seems to have room for growth, especially considering the area's diverse population, with 23.4% of residents being foreign-born, and a strong economy with a median household income of $56,671, which could drive property appreciation in the long term.
How does the ethnic diversity of East Franklin impact market demand?
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The city's diverse population, with significant Hispanic, Black, and White communities, suggests a strong demand for housing and rentals, particularly in areas with convenient commute times, like East Franklin, where the average commute time is 23.2 minutes, and with top industries like retail trade and public administration, which can attract a diverse workforce.
What are the key factors to consider for rental yield in East Franklin?
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When assessing rental yield in East Franklin, consider the median property value of $277,000, median property taxes of $1,367, and the fact that 80% of the population has health insurance, which, combined with a relatively low poverty rate of 11.1% and a strong presence of retail trade and public administration, suggests a stable tenant base, and with an average commute time of 23.2 minutes, the area is likely to attract working professionals looking for convenient rentals.
East Franklin NJ Real Estate & City Facts
Key facts and real estate information about East Franklin NJ.
What are some of the best neighborhoods to live in East Franklin?
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Some of the best neighborhoods to live in East Franklin, NJ, are Somerset Fitness, a quiet and diverse neighborhood known for its unique architecture, and other neighborhoods like East Millstone. These areas offer a range of housing options and are close to local amenities and attractions.
What are some fun things to do in East Franklin?
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There are plenty of fun things to do in East Franklin, NJ, including visiting the New Hope Railroad, taking a tour with Stout's Travel & Tours, and exploring the local attractions in Camden, such as the Battleship New Jersey and the Adventure Aquarium. You can also visit the arboretum in East Millstone or check out the events and activities in Somerset County.
What is the food scene like in East Franklin?
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The food scene in East Franklin, NJ, is diverse and offers a range of options, including Italian restaurants like Apulia Risto-pizza and Acquaviva Restaurant, as well as Peruvian cuisine at Al Toque Peruvian Restaurant. There are also plenty of great food trucks and other eateries to try, such as 5 Loaves Restaurant and Brick & Brew.
What are the pros and cons of living in East Franklin?
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The pros of living in East Franklin, NJ, include its diverse neighborhoods, range of local amenities, and access to attractions and events in Somerset County. However, some cons include the area being crowded, with a higher crime rate than some other parts of New Jersey. Additionally, the cost of living in East Franklin may be higher than in other parts of the state.
Is East Franklin a good place to live?
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Overall, East Franklin, NJ, can be a good place to live, depending on your individual preferences and priorities. The area offers a range of housing options, local amenities, and access to attractions and events, but it may also be crowded and have a higher cost of living. It's worth weighing the pros and cons and considering factors like commute time, schools, and healthcare options before making a decision.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For East Franklin NJ Commercial Property: $56,671
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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