CCertihomes
20 Gates Road, Franklin, NJ 08873

$560,000

4 beds 1 baths 1,575 sqft Built 19560 days on marketActive

About this home

Opportunity Knocks! Bring your vision and transform this 4-bedroom property into the space of your dreams. The possibilities are endless with this perfect handyman special, located on a quiet dead-end street in a highly desirable neighborhood. The property features a spacious living room, an eat-in kitchen with a center island, and a cozy living area with a fireplace. A huge backyard offers endless possibilities for entertaining, gardening, or creating your ideal outdoor retreat. A two-car garage provides plenty of storage and convenience. Whether you're an investor, contractor, or buyer looking to build equity, this property is full of potential and ready for your personal touch. Don't miss this incredible opportunity!

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
$5,430/mo

Real estate (PITI + HOA + PMI)
$5,117
Principal + interest$3,608
Property tax + insurance$1,299
PMI / 2nd mortgage$210
Utilities
$580
Heating + cooling$128
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$158
$5,430/mo TLC
Budget$5,930/mo
Remaining after TLC$500/mo
Purchase price
$560,000
Down payment
$28,000 (5%)
Loan amount
$532,000
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Cape Cod
Year built
1956
Lot size
1.37 ac
Stories
2
Heating
Forced Air
Cooling
Central Air
Water
Public
HOA
Annual tax
$8,810
MLS #
2701716R
County
Somerset

At a glance

Air conditioning
Basement
Garage (2)
Dishwasher

Home features

Appliances
DishwasherDryerElectric Range/OvenRefrigeratorWasher
Interior
2 BedroomsKitchenLiving RoomBath MainDining RoomNone
Exterior
DeckDoor(s)-Storm/ScreenEnclosed Porch(es)Storage Shed
Parking
Garage
Patio & porch
DeckEnclosed
Kitchen
Kitchen Island
Dining
Living Dining Combo
Master bedroom
1st Floor
Flooring
Carpet, Vinyl-Linoleum
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

See Remarks

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.

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 7/29/2026. Provided courtesy of RE/MAX FIRST REALTY, INC. via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

20 Gates Road · Franklin — $560,000 · Certihomes