Closed$435,000
TLC ≈ $3,753/mo
2 3 1,216 sqft
53 Boxgrove Place, Franklin, NJ 08873
173 Clinton Street, South Bound Brook, NJ 08880
$629,900
0 beds 3 baths 3,598 sqft Built 19203 days on marketActive
About this home
Exceptional opportunity to own a spacious two-family home offering strong investment potential or the perfect owner-occupied setup. Enter through the large open front porch into this well-maintained property featuring two generously sized apartments. The first-floor unit is vacant and ready for immediate occupancy. It offers three bedrooms plus a versatile fourth room that can serve as a den, home office, or guest room. The recently updated oversized eat-in kitchen provides plenty of space for cooking and gathering, while the full bath features a tub/shower combination. A separate front staircase leads to the second apartment, which occupies both the second and third floors. This impressive residence offers five bedrooms, two full baths, a comfortable living room, and a recently renovated oversized kitchen with a spacious dining areaideal for larger households. The second-floor unit is currently tenant occupied, providing immediate rental income. Additional features include a full unfinished basement, rear staircase, two separate heating systems, two hot water heaters, separate gas and electric meters, and separate utilities for each apartment. One of the property's standout features is the exceptionally large rear yard, offering endless possibilities for outdoor enjoyment, gardening, or entertaining. Conveniently located just a few blocks from shopping, restaurants, and public transportation, with quick access to Route 287 for an easy commute. Whether you're an investor seeking strong rental potential or a homeowner looking to offset your mortgage with rental income, this spacious two-family home is a rare opportunity you won't want to miss.
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
$6,280/mo
- Real estate (PITI + HOA + PMI)
- $5,993
- Utilities
- $629
- Transportation
- $112
- Other (entertainment)
- $143
Principal + interest$4,058
Property tax + insurance$1,699
PMI / 2nd mortgage$236
Heating + cooling$160
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$112
Budget$6,780/mo
Remaining after TLC$500/mo
Purchase price
$629,900
Down payment
$31,495 (5%)
Loan amount
$598,405
APR
7.19%
Quick facts
Type
2 Family
Style
—
Year built
1920
Lot size
0.2966 ac
Stories
3
Heating
Baseboard, Baseboard Hotwater
Cooling
None
Water
Public
HOA
—
Annual tax
$11,848
MLS #
2700060R
County
Somerset
At a glance
Basement
Home features
Appliances
Water Heater(Gas)Water Heater
Interior
Unit 1(3 BedroomsKitchenLiving RoomDen/Family Room)Unit 2(Dining RoomKitchen5+ BedroomsLiving Room2+ Baths)
Exterior
Porch(es) - OpenSidewalkPorch
Community
Sidewalks
Parking
4(+)Car Parking
Patio & porch
Porch(es) - OpenPorch
Flooring
Unit 2 Carpet
Roof
Flat
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
Near Shopping, Near Train, Near Public Transit
Neighborhood — 08880
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 5,754 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 24.00% | 14.00% | 20.00% |
| Population Density | 7,270 | 1,137 | — |
| Male | 2,952 | 4,307,827 | 147,432,321 |
| Female | 2,803 | 4,525,010 | 151,655,844 |
| Never Married | 1,494 | 1,965,811 | 63,775,926 |
| Married | 2,159 | 3,647,435 | 123,120,365 |
| Separated | 194 | 391,239 | 12,639,686 |
| Widowed | 344 | 515,172 | 15,467,586 |
| Divorced | 412 | 529,393 | 23,075,029 |
| Number Of House Hold | 2,062 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.78 | 2.73 | 2.60 |
| Medial Age | 36.73 | 37.15 | 35.46 |
| Median House Hold Income | $57,699 | $63,392 | $48,276 |
| Average House Hold Income | $68,743 | $83,312 | $63,629 |
| P C I | $25,395 | $30,662 | $24,529 |
| M D I | $48,081 | $52,505 | $41,133 |
| A T H E | $54,222 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 78.40% | 81.02% | 77.74% |
(Zip) Code
8880
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 7/1/2026. Provided courtesy of BEST REALTY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.