CCertihomes
383 Somerset Street, Franklin, NJ 08873

$8,500

0 beds 0 baths 2,900 sqft Built 19150 days on marketActive

About this home

2900 SF Garage with 4 Large Bays and 20 ft Ceilings. 18000 SF outdoor Parking and yard space. Zoned Commercial Renaissance. Ideal for Mechanics, Contractors, Fleet Operations and light industrial use. There is an office located on the first floor Building has a private second floor Office with 2 office spaces and a Full bath. There are 2 other baths on the first level. Owner looking for 5 Year Lease with 5 Year renewals. Personal Guarantor required Owner needs references and Tax returns Owner will pay the taxes, roof and structural repairs Tenant to pay insurance and all other maintenance of the building.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$1,356/mo

Real estate (PITI + HOA + PMI)
$810
Principal + interest$55
Property tax + insurance$752
PMI / 2nd mortgage$3
Utilities
$632
Heating + cooling$154
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$158
$1,356/mo TLC
Budget$5,000/mo
Remaining after TLC$3,644/mo
Purchase price
$8,500
Down payment
$425 (5%)
Loan amount
$8,075
APR
7.19%

Quick facts

Type
Commercial
Style
Year built
1915
Lot size
0.5096 ac
Stories
2
Heating
Forced Air
Cooling
See Remarks
Water
Public
HOA
Annual tax
$7,467
MLS #
2661645M
County
Somerset

At a glance

Garage

Home features

Parking
GarageEnclosedLightedOn SitePaved
Flooring
Concrete
Roof
Flat, Rubber
Sewer
Public Sewer

Lot features

Commercial Area

Neighborhood — 08873

MetricThis ZIPCountyUSA
Population39,9238,832,837299,088,112
Population Change Since199014.00%14.00%20.00%
Population Density1,2171,137
Male19,2524,307,827147,432,321
Female20,6714,525,010151,655,844
Never Married9,3891,965,81163,775,926
Married16,7163,647,435123,120,365
Separated1,619391,23912,639,686
Widowed2,239515,17215,467,586
Divorced2,415529,39323,075,029
Number Of House Hold14,8583,167,345111,826,380
Average House Hold Size2.622.732.60
Medial Age37.6137.1535.46
Median House Hold Income$77,737$63,392$48,276
Average House Hold Income$84,348$83,312$63,629
P C I$32,104$30,662$24,529
M D I$62,455$52,505$41,133
A T H E$62,776$61,369$50,898
S T R7.00%7.00%
W C J81.56%81.02%77.74%
(Zip) Code
8873

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 4/6/2026. Provided courtesy of BORAIE REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

383 Somerset Street · Franklin — $8,500 · Certihomes