Note the 1st floor dining room has a closet and could possibly be a third first floor bedroom
Fantastic opportunity on highly visible Route 23! This building offers a spacious retail storefront on the main level along with three income-producing residential units above, making it ideal for investors or owner-operators seeking strong cash flow. The property features on-site parking, a full unfinished basement for storage, and flexible HC zoning that supports a wide variety of commercial uses. With excellent highway exposure, steady local traffic, and built-in rental income from the residential apartments, this property delivers exceptional value and long-term potential in the heart of Franklin.
Discover an exceptional investment opportunity at 612 Hamilton St in Somerset! Place your own tenants and build out your investment portfolio! This street has been bustling with redevelopment for many years and is changing by the year! Come be part of it! This versatile mixed-use building features two commercial spaces in the front and a fully renovated 3-bedroom, 2-bathroom residential unit in the rear, offering the perfect blend of commercial and residential income potential. This property is a rare find, combining the stability of residential rental income with the growth potential of commercial leases. Whether you're an investor seeking a diversified portfolio or a business owner looking for a live-work space, 612 Hamilton St is an ideal choice. Both commercial units are vacant (square footage size is 442 and 240 sqft) and ready for you to find tenants and turn this into a cash flowing asset for many years to come!
Property offers a 2 family home plus a separate ranch home. It had been previously approved for a 28 townhome project each with 2,545 sq. ft. However due to changes in zoning, D&R requirements yield may have changed. Buyer responsible for Engineering and due diligence to determine yield. Existing homes have little value and are rented. Rental income available upon request.2 lots Lot # 9 = 1 acres and Lot # 10 = 4.2 acres Total lot size = 226,512 sq. ft. Utilities are on site. All 3 units have septic and public water, duplex home has gas heat and the ranch home has oil heat. Basement on the ranch home.


Franklin is located in New Jersey. Franklin, New Jersey has a population of 5,521. Franklin is more family-centric than the surrounding county with 32.06% of the households containing married families with children. The county average for households married with children is 31.29%.
The median household income in Franklin, New Jersey is $80,264. The median household income for the surrounding county is $101,645 compared to the national median of $69,021. The median age of people living in Franklin is 50.4 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 47.5 inches per year, with 38.3 inches of snow per year.