Franklin Center, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Franklin Center, New Jersey Market population: 4K. Compare commercial properties across all major asset...
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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 Franklin Center NJ Properties: 2.6090%
⭐ 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 Franklin Center NJ
Common questions from investors exploring commercial real estate in Franklin Center NJ.
What is the overall investment potential of Franklin Center, NJ?
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The combination of a high median household income of $92,465, low poverty rate of 3.5%, and excellent health insurance coverage of 95.0% suggests a stable and attractive market for real estate investment, with a strong potential for rental income and property appreciation.
How does the demographic makeup of Franklin Center impact its real estate market?
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The diverse population with top ethnicities including White, White Non-Hispanic, and Asian, along with a median age of 63.3, indicates a potentially stable market with a mix of long-term residents and newcomers, which can contribute to consistent demand for housing and a relatively low turnover rate.
What role do commute times and transportation options play in the attractiveness of Franklin Center as an investment location?
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The average commute time of 34.2 minutes, combined with the top commute methods of driving alone, working from home, and carpooling, suggests that the area has a good balance of accessibility and flexibility, making it an attractive option for renters who value convenience and work-life balance.
How do the top industries in Franklin Center influence the local real estate market?
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The presence of strong industries such as Finance & Insurance, Real Estate & Rental & Leasing, Manufacturing, and Retail Trade indicates a diverse and robust economy, which can lead to a stable demand for housing and potentially higher rental yields, especially in areas with easy access to these industries.
What are the implications of the high homeownership rate and median property value for real estate investors in Franklin Center?
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The high homeownership rate of 81.9% and median property value of $377,900 suggest a market with a strong sense of community and a high level of investment in properties, which can contribute to a stable and potentially appreciating market, but may also indicate a more competitive market for investors seeking rental properties or renovation opportunities.
Franklin Center NJ Real Estate & City Facts
Key facts and real estate information about Franklin Center NJ.
What are some of the best neighborhoods to live in Franklin Center?
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Some of the best neighborhoods to live in Franklin Center include Franklin Park, which is a diverse community with caring positive residents, and South Brunswick, which has good schools. However, it's worth noting that Franklin Township can be a bit crowded, and the quality of life may vary depending on the specific area.
What are some fun things to do in Franklin Center?
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There are plenty of fun things to do in Franklin Center, including visiting the Franklin Mineral Museum, exploring the Black Bear Golf Course, and checking out the Muckraker Beermaker brewery. You can also visit the Sterling Hill Mining Museum, which is located in the nearby town of Ogdensburg. Additionally, there are several parks and outdoor spaces in the area, such as the Franklin Township Park, which offers walking trails, sports fields, and picnic areas.
What is the food scene like in Franklin Center?
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The food scene in Franklin Center is diverse and offers a range of options, including Italian restaurants like Apulia Risto-Pizza and Luca's Ristorante, as well as Asian cuisine at Shu House Restaurant. There are also plenty of great food trucks and cafes in the area, such as Sophie's Bistro and DistRiKt7 Restaurant. Additionally, the nearby town of Bloomfield has a variety of restaurants, including Pete's Pizza and Victory Brewing.
What are the pros and cons of living in Franklin Center?
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The pros of living in Franklin Center include its diverse community, good schools, and range of outdoor recreational activities. However, some cons include the potential for crowds and traffic, as well as varying quality of life depending on the specific area. Additionally, the cost of living in Franklin Center may be higher than in other parts of New Jersey, with a median property value of $377,900 and a median household income of $92,465.
Is Franklin Center a good place to live?
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Overall, Franklin Center can be a great place to live, offering a diverse community, good schools, and plenty of outdoor recreational activities. However, it's worth carefully considering the specific area and weighing the pros and cons before making a decision. With its rich history, cultural attractions, and natural beauty, Franklin Center has something to offer for everyone, from families to retirees to young professionals.
⭐ 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 Franklin Center NJ Commercial Property: $92,465
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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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