3 months on rocket

56 Gates Rd, Franklin Twp, NJ, 08873

$399,900

0.92 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #3917257
Lot Size0.92 Acres
StatusActive

About 56 Gates Rd

Discover an exceptional opportunity to build your dream home on this nearly 1-acre, shovel-ready lot at 56 Gates Road in the serene neighborhood of Somerset, NJ. This flat, tree-free parcel is ideal for constructing a new single-family residence. Located on a quiet street, the lot offers a perfect setting for peaceful living. It features public utilities, including electric, sewer, and gas, ensuring a smooth building process. Additionally, the property is conveniently accessible to major highways, making commutes and travel easy. Don?t miss this rare chance to create your ideal home in a tranquil setting while remaining close to all the amenities Somerset has to offer. Drive by and envision your future here.

Property Details

Property Features

Listing Office:

  • Office Name: REALMART REALTY
  • Office Phone: (888) 362-6543

Lot Features

Lot Information:

  • Lot Size: 0.92 Acres

Other

Directions Information:

  • Directions: Located off of Demott Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
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Housing Market Comparison

See how this home compares to others in Franklin Township, NJ.

Med. Sold Price

$484.2K

Med. Price/SqFt

$304

Avg. Days On Market

49

# of Sold Homes

55

56 Gates Rd vs Franklin Township

108 DAYS ON ROCKET

+59 Days

$399,900

-$84.3K Less

KEY TAKEAWAY

This property is $84.3K less than the Median Sold Price in Franklin Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3917257

Listing Office:

  • Office Name: REALMART REALTY
  • Office Phone: (888) 362-6543

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 12:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-766645
6
/10
  • MacAfee Road School

  • 53 Macafee Rd

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-766646
4
/10
  • Conerly Road School

  • 35 Conerly Rd

  • 0.78 miles

  • Public District Grades PK-5

school-card-donut-766647
3
/10
  • Hillcrest School

  • 500 Franklin Blvd

  • 1.47 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,901. The most common annual income of people living in Franklin Township, NJ is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 56 Gates Rd

What is the listing price of this property?

The listing price of 56 Gates Rd property is $399,900.

What type of property is this?

The property 56 Gates Rd is land located in Franklin Twp, New Jersey, 08873.

Is this property for sale now?

Active Listing: 56 Gates Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 56 Gates Rd is 0.92 acres.
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Rocket HomesNew JerseySomerset CountyFranklin Township0887356 Gates Rd

This home is located at 56 Gates Rd in Franklin Twp, NJ and zip code 08873. This home sits on a 0.92 acre lot. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $399,900.

In October 2024, from all listings sold in Franklin Township, NJ there were more than 38 sold above asking price, over 12 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Franklin Township, NJ between September 2024 and October 2024 increased by 7%. In October 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $484,234.

From Rocket Homes Real Estate and based on county public records data.

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