Welcome to this 3-bedroom, 1.5-bath home located in the Franklin neighborhood. This property offers a fantastic opportunity for buyers looking to add their personal touch and unlock its full potential. With a solid layout and great bones, it's an ideal choice for Owner-occupants or investors ready to bring their vision to life. Centrally located near schools, public transportation, major highways, and train access, the convenience can't be beat. Being sold strictly as-is, this home is priced to reflect its condition and presents an excellent chance to build equity in Franklin.
Under contract
$499,999
40 Drake Rd, Franklin Twp., NJ 08873
3beds
--sqft
Est.:
Single Family Residence
Built in 1963
10,018.8 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 23 days |
- 9,387 |
- 418 |
Zillow last checked: February 09, 2026 at 11:15pm
Listing updated: February 05, 2026 at 10:10am
Listed by:
Jennifer Green 908-664-1500,
Re/Max First Realty Ii,
Vito Cicchetti
Source: GSMLS,MLS#: 4005781
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Dining room
- Features: Formal Dining Room
- Level: First
Family room
- Level: Ground
Kitchen
- Features: Eat-in Kitchen
- Level: First
Living room
- Level: First
Heating
- 1 Unit, Forced Air, Natural Gas
Cooling
- 1 Unit, Central Air
Appliances
- Included: Carbon Monoxide Detector, Gas Cooktop, Dryer, Microwave, Wall Oven(s) - Gas, Washer, Gas Water Heater
Features
- Bath(s) Other, Family Room
- Flooring: Carpet, Laminate, Wood
- Basement: Yes,Partial
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: 1 Car Width, Attached Garage
- Attached garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: Multi/Split,Split Level
- Patio & porch: Deck
- Exterior features: Curbs
- Fencing: Metal Fence
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 80 x 125
Details
- Parcel number: 2708003680000000170000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1963
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector
Location
- Region: Somerset
Financial & listing details
- Tax assessed value: $533,400
- Annual tax amount: $8,471
- Date on market: 1/24/2026
- Exclusions: Owners personal property
- Ownership type: Fee Simple
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Pending sale | $499,999 |
Source:  GSMLS #4005781 Report a problem | ||
| 1/24/2026 | Listed for sale | $499,999 |
Source: GSMLS #4005781 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,324 +14.5% | $533,400 +14.5% |
| 2024 | $8,146 -3.2% | $466,000 +6.9% |
| 2023 | $8,419 +17% | $436,000 +10.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,371/mo
Principal & interest
$2400
Property taxes
$796
Home insurance
$175
Climate risks
Neighborhood: 08873
Nearby schools
GreatSchools rating
- 6/10MacAfee Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Franklin Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Franklin Twp High SchoolGrades: 9-12Distance: 3.4 mi
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