Rare opportunity to own 3.72 acres of residential land on a dead end street in Franklin Township, NJ. Zoned single-family residential, this sizeable parcel is ready for your vision. Located in Somerset County with easy access to major highways, shopping, and top-rated schools. Whether you're a builder or an end buyer, don't miss your chance to secure a quality piece of New Jersey real estate.Tax Zone: R40Tax Special Zone: F01
Active
Price cut: $200K (7/14)
$499,000
60 Gates Rd, Franklin Twp., NJ 08873
--beds
--baths
3.72Acres
Unimproved Land
Built in ----
3.72 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 69 days |
- 420 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
James Freitas 908-312-5757,
Next Level Realty Llc,
Michelle Freitas
Source: GSMLS,MLS#: 4028377
Facts & features
Property
Lot
- Size: 3.72 Acres
- Dimensions: 306 x 530 AVG
Details
- Parcel number: 2708003860008000720003
- Zoning description: Residential 1 Family, See Remarks
Utilities & green energy
- Sewer: See Remarks
- Water: See Remarks
Community & HOA
Location
- Region: Somerset
Financial & listing details
- Tax assessed value: $343,200
- Annual tax amount: $5,620
- Date on market: 5/18/2026
- Road surface type: Blacktop/Asphalt Road
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $499,000-28.6% |
Source:  GSMLS #4028377 Report a problem | ||
| 5/18/2026 | Listed for sale | $699,000+86.4% |
Source: GSMLS #4028377 Report a problem | ||
| 4/4/2023 | Listing removed | -- |
Source: GSMLS #3834221 Report a problem | ||
| 3/21/2023 | Listed for sale | $375,000+150% |
Source: GSMLS #3834221 Report a problem | ||
| 8/11/2016 | Sold | $150,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,650 | $323,200 |
| 2024 | $5,650 -9.5% | $323,200 |
| 2023 | $6,241 +26.2% | $323,200 +22.8% |
| 2022 | $4,944 | $263,200 +17.9% |
| 2021 | -- | $223,200 +4.7% |
| 2020 | $4,678 +13.5% | $213,200 +4.9% |
| 2019 | $4,120 | $203,200 +8% |
| 2018 | $4,120 -1.7% | $188,200 +5.6% |
| 2017 | $4,189 +0.7% | $178,200 |
| 2016 | $4,161 +1.4% | $178,200 |
| 2015 | $4,102 | $178,200 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 08873
Nearby schools
GreatSchools rating
- 6/10MacAfee Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Sampson G Smith SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Franklin Twp High SchoolGrades: 9-12Distance: 2.6 mi
- $491,2002 bd2 ba1.5k sqft5107 Enclave Cir, Somerset, NJ 08873Off Market
- $726,4003 bd3 ba2.7k sqft19 Tudor Dr, Somerset, NJ 08873Off Market
- $290,1000.92 Acres56 Gates Rd, Somerset, NJ 08873Off Market
- $922,1004 bd2 ba2.6k sqft66 Gates Rd, Somerset, NJ 08873Off Market
- $617,900-- bd-- ba2k sqft63 Gates Rd, Somerset, NJ 08873Off Market
- $682,9004 bd2 ba1.6k sqft67 Gates Rd, Somerset, NJ 08873Off Market
- $641,000-- bd-- ba1.6k sqft57 Gates Rd, Somerset, NJ 08873Off Market
- $881,3004 bd3 ba2.4k sqft70 Gates Rd, Somerset, NJ 08873Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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