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56 Gates Rd, Franklin Twp., NJ 08873

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For Sale

$399,900

0.92 acres

Estimated Payment

$ 2,521 /mo.

6.65% APR for 30 yrs.
$5,601 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 0.9 acres
    Lot size

Explore this Property

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.
MLS# 3917257

Courtesy Of Realmart Realty, LLC

(732) 727-2285

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.92 Acres

Map and Directions

Directions to 56 Gates Rd, Franklin Twp., NJ 08873
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Home seller CENTURY 21 Preferred Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Preferred Realty, Inc.

(908) 688-3311
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,054
  • Property Taxes
    $466
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,521

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Macafee Road School

Grades PK-5 Public School


Somerset, NJ 08873 0.7 miles
53 macafee rd

360 total students
9:1 Student teacher ratio

Pine Grove Manor School

Grades PK-5 Public School


Somerset, NJ 08873 1.9 miles
130 highland ave

361 total students
9:1 Student teacher ratio

Franklin Middle School @ Sampson G. Smith Campus

Grades 6-8 Public School


Somerset, NJ 08873 0.7 miles
1649 amwell rd

770 total students
9:1 Student teacher ratio

Franklin High School

Grades 9-12 Public School


Somerset, NJ 08873 2.6 miles
500 elizabeth ave

2168 total students
12:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
St Matthias Elementary School 0.3 miles Private PK-8
Conerly Road School 0.8 miles Public PK-5 C
Franklin Middle School @ Hamilton Street Campus 1.4 miles Public 6-8 D+
Cedar Hill Preparatory School 1.5 miles Private PK-8
Hillcrest School 1.5 miles Public PK-5 D+
Rutgers Preparatory School 1.8 miles Private PK-12
Nuview Academy 2 miles Public KG-12
Somerset Bible Baptist Christian Ac 2 miles Private KG-12
Thomas Edison Energysmart Charter School 2 miles Public KG-12 A+
New Brunswick High School 2 miles Public 9-12 D-
Sadiq School 2.1 miles Private PK-KG
Mckinley Community School 2.4 miles Public KG-8 C
Umdnj - Center 2.6 miles Public 3-5
John Adams 2.7 miles Public PK-4 C+
M. L. King Intermediate School 2.7 miles Public 4-5 B+
Knollwood Elementary School 2.8 miles Public KG-3 C+

St Matthias Elementary School

Distance: 0.3 miles

Type Private

Grades: PK-8

Conerly Road School

Distance: 0.8 miles

Type Public

Grades: PK-5

C

Franklin Middle School @ Hamilton Street Campus

Distance: 1.4 miles

Type Public

Grades: 6-8

D+

Cedar Hill Preparatory School

Distance: 1.5 miles

Type Private

Grades: PK-8

Hillcrest School

Distance: 1.5 miles

Type Public

Grades: PK-5

D+

Rutgers Preparatory School

Distance: 1.8 miles

Type Private

Grades: PK-12

Nuview Academy

Distance: 2 miles

Type Public

Grades: KG-12

Somerset Bible Baptist Christian Ac

Distance: 2 miles

Type Private

Grades: KG-12

Thomas Edison Energysmart Charter School

Distance: 2 miles

Type Public

Grades: KG-12

A+

New Brunswick High School

Distance: 2 miles

Type Public

Grades: 9-12

D-

Sadiq School

Distance: 2.1 miles

Type Private

Grades: PK-KG

Mckinley Community School

Distance: 2.4 miles

Type Public

Grades: KG-8

C

Umdnj - Center

Distance: 2.6 miles

Type Public

Grades: 3-5

John Adams

Distance: 2.7 miles

Type Public

Grades: PK-4

C+

M. L. King Intermediate School

Distance: 2.7 miles

Type Public

Grades: 4-5

B+

Knollwood Elementary School

Distance: 2.8 miles

Type Public

Grades: KG-3

C+

Local area information for Franklin Twp., NJ 08873

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Franklin Twp., NJ 08873

This community’s employment is highest in the administrative support and computer industries. The area’s overall household expenses are above the national average.

86° July
Hottest Average Month

21° January
Coldest Average Month
21,525 Total Households in Area
29.6%
of households
have children
30 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Franklin Twp., NJ 08873

Franklin Twp., NJ 08873 has a population of 56,581 people in 21,525 households with a median age of 41.9 years old.

Up 0.8%
Increase in population
since the year 2010

Population is Trending up
21,088
Total households as of 2010
Up
4.1%

Community Population By Age

Community Population By Ethnicity

White 32%
Black 26%
Asian 21%
Hispanic 20%
Other 11%
Native American <1%

Economics
for Franklin Twp., NJ 08873

1,703 /sq mi
Population Density
$111,687 /yr
Median Household Income
$537,500
Median Sales Price
30 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 77%
  • Work from Home 14%
  • Public Transit 6%
  • Walk or Bike 3%

Occupancy by Type

Owned 14,536 64%
Rented 6,989 31%
Vacant 1,215 5%

White vs Blue Collar Jobs







White Collar 80%
Blue Collar 20%

Family & Education Facts
for Franklin Twp., NJ 08873

41.9 Median Age

Average Household Size

2.6
persons per
household

50.4%

Married Households

Community Population By Education

Bachelors Degree 31%
Graduate Degree 23%
High School Graduate 20%
Some College 14%
Associates Degree 7%
Some High School 6%

Household Family Expenses vs National Average

29.6% of households have children

Weather
for Franklin Twp., NJ 08873

The weather for this area ranges from a high of 86° F in July to a low of 21° F in January

86° July
Hottest Average Month
21° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
21°
39°
Feb
22°
41°
Mar
30°
50°
Apr
39°
62°
May
49°
72°
Jun
58°
81°
Jul
63°
86°
Aug
61°
84°
Sep
54°
77°
Oct
43°
66°
Nov
34°
54°
Dec
25°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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