# 503 Franklin St, Elizabeth City, NJ 07206-1208 > **TL;DR:** 5bd/4ba residential multi family, $850,000, built 1901. > 3-car garage. Est. $4,546/mo. Listed 36 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $850,000 | | Bedrooms | 5 | | Bathrooms | 4 full | | Year Built | 1901 | | Lot Size | 5,227 sqft (0.12 acres) | | Stories | 3 | | Garage | 3-car | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 36 | ## Why This Home Stands Out - **Large Garage** - 3-car garage ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $4,298 | | Estimated Insurance | $248 | | **Total** | **$4,546** | ## Key Amenities - 3-car garage ## Property Highlights - Built in 1901 - 0.12 acre lot - 3 stories - 6 parking spaces ## Description ### Agent Description THE HOUSE IS ONLY PART OF THE OPPORTUNITY AT 503-505 FRANKLIN ST. THIS TWO-FAMILY SITS ON A DOUBLE LOT AND OFFERS A 3-CAR GARAGE PLUS APPROXIMATELY 6 ADDITIONAL PARKING SPACES, WITH THE GARAGES AND PARKING CURRENTLY PROVIDING ADDITIONAL INCOME. EACH UNIT FEATURES 2 BEDROOMS, 1 FULL BATH, AND GENEROUS LIVING SPACE, WHILE BONUS SPACE ON THE THIRD FLOOR AND A PARTIALLY FINISHED BASEMENT PROVIDE ADDITIONAL FLEXIBILITY. THE FIRST-FLOOR UNIT IS VACANT, WHILE THE SECOND-FLOOR TENANCY IS EXPECTED TO BE MONTH-TO-MONTH BEGINNING NEXT MONTH. INSIDE, YOU'LL FIND HARDWOOD FLOORS, SPACIOUS ROOMS, AND AN UPDATED KITCHEN WITH STAINLESS-STEEL APPLIANCES. OUTSIDE, A LARGE PAVED AREA, FRONT PORCH, 3-CAR GARAGE, AND EXTENSIVE OFF-STREET PARKING HELP SET THIS PROPERTY APART. WITH TWO RESIDENTIAL UNITS PLUS EXISTING GARAGE AND PARKING INCOME, 503-505 FRANKLIN ST OFFERS MULTIPLE INCOME SOURCES IN ONE PROPERTY. ## Location - **Address:** 503 Franklin St, Elizabeth City, NJ 07206-1208 - **County:** Union - **Coordinates:** 40.65513, -74.19669 - **Google Maps:** https://www.google.com/maps?q=40.65513,-74.19669 ## Listing Agent - **Name:** KERWIN LYNCH - **Brokerage:** RE/MAX First Realty II - **Broker Phone:** (908) 664-1500 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/503-Franklin-St_Elizabethport_NJ_07206_M64429-26996?f=listhub&s=GSMLSNJ&m=4055160&c=propsimple) ## Photos ![503 Franklin St - Photo 1](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f1559076222r.jpg) ![503 Franklin St - Photo 2](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f2146628241r.jpg) ![503 Franklin St - Photo 3](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f1114147693r.jpg) ![503 Franklin St - Photo 4](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f445160162r.jpg) ![503 Franklin St - Photo 5](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f1908787864r.jpg) ![503 Franklin St - Photo 6](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f2923937756r.jpg) ![503 Franklin St - Photo 7](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f1827947001r.jpg) ![503 Franklin St - Photo 8](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f1258961897r.jpg) ![503 Franklin St - Photo 9](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f3674714732r.jpg) ![503 Franklin St - Photo 10](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f240823143r.jpg) ![503 Franklin St - Photo 11](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f3338001151r.jpg) ![503 Franklin St - Photo 12](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f2810948949r.jpg) ![503 Franklin St - Photo 13](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f429545659r.jpg) ![503 Franklin St - Photo 14](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f3393819041r.jpg) ![503 Franklin St - Photo 15](http://lh.rdcpix.com/7b71d88b0cca92bc3b58070b57a46808l-f2606388056r.jpg) --- **MLS#:** 4055160 | **Updated:** 2026-10-28 **Source:** listhub *Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/503-franklin-st-elizabeth-city-nj-07206-1208-96062842dd69404f8669c5ffa4331c99) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/503-franklin-st-elizabeth-city-nj-07206-1208-96062842dd69404f8669c5ffa4331c99#listing", "url": "https://staging.propertysimple.ai/listing/503-franklin-st-elizabeth-city-nj-07206-1208-96062842dd69404f8669c5ffa4331c99", "name": "503 Franklin St, Elizabeth City, NJ 07206-1208", "description": "THE HOUSE IS ONLY PART OF THE OPPORTUNITY AT 503-505 FRANKLIN ST. THIS TWO-FAMILY SITS ON A DOUBLE LOT AND OFFERS A 3-CAR GARAGE PLUS APPROXIMATELY 6 ADDITIONAL PARKING SPACES, WITH THE GARAGES AND PARKING CURRENTLY PROVIDING ADDITIONAL INCOME. EACH UNIT FEATURES 2 BEDROOMS, 1 FULL BATH, AND GENEROUS LIVING SPACE, WHILE BONUS SPACE ON THE THIRD FLOOR AND A PARTIALLY FINISHED BASEMENT PROVIDE ADDITIONAL FLEXIBILITY. THE FIRST-FLOOR UNIT IS VACANT, WHILE THE SECOND-FLOOR TENANCY IS EXPECTED TO BE MONTH-TO-MONTH BEGINNING NEXT MONTH. INSIDE, YOU'LL FIND HARDWOOD FLOORS, SPACIOUS ROOMS, AND AN UPDATED KITCHEN WITH STAINLESS-STEEL APPLIANCES. OUTSIDE, A LARGE PAVED AREA, FRONT PORCH, 3-CAR GARAGE, AND EXTENSIVE OFF-STREET PARKING HELP SET THIS PROPERTY APART. 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