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525 Franklin St

Elizabeth City, NJ 07206

5 bd 3 ba 1,008 sqft Built 1900 Lot 2,614 sqft multi_family
Most recent sale
$408,000
Dec 23, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2026 Price changed for rent $1,990 MoreMLS
Apr 11, 2026 Listed $2,300 GardenState
Apr 11, 2026 Listed for rent $2,300 MoreMLS
Dec 23, 2021 Sold $408,000 MLS #3749326
Sep 30, 1998 Sold $138,000 Public Record
Apr 1, 1985 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $250,600 $185,000 $435,600 $8,786
2024 $250,600 $185,000 $435,600 $8,380
2023 $23,400 $6,600 $30,000 $9,429
2022 $18,200 $6,600 $24,800 $7,583
2021 $18,200 $6,600 $24,800 $7,427
2020 $18,200 $6,600 $24,800 $7,259
2019 $18,200 $6,600 $24,800 $7,148
2018 $18,200 $6,600 $24,800 $7,079
2017 $18,200 $6,600 $24,800 $6,881
2016 $18,200 $6,600 $24,800 $6,882
2015 $18,200 $6,600 $24,800 $6,473
2014 $18,200 $6,600 $24,800 $6,278
2013 $18,200 $6,600 $24,800 $5,927
2012 $18,200 $6,600 $24,800 $5,615
2011 $18,200 $6,600 $24,800 $5,649
2010 $18,200 $6,600 $24,800 $5,251
2009 $18,200 $6,600 $24,800 $4,999
2008 $18,200 $6,600 $24,800 $4,668
2007 $18,200 $6,600 $24,800 $4,425

Property facts

Year built
1900
Property type
multi_family
Stories
3
Beds
5
Baths
3
Living area
1,008 sqft
Lot size
2,614 sqft
ZIP code
07206
City
Elizabeth City
Street
Franklin St
Coordinates
40.65590, -74.19709

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,512
Gross rental yield
4.45%
Implied cap rate
2.89%
Trend-extrapolated value

Frequently asked questions

When did 525 Franklin St last sell?
525 Franklin St most recently sold on Dec 23, 2021 for $408,000.
What is the current tax assessment for 525 Franklin St?
The most recent total assessment for 525 Franklin St (year 2025) is $435,600 with $8,786 in property tax.
How does 525 Franklin St's assessment compare to its last sale price?
The current assessment is 6.8% above the last sale price of $408,000.
When was 525 Franklin St built?
525 Franklin St was built in 1900.
How does 525 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 525 Franklin St?
525 Franklin St is a 5 bed, 3 bath, 1,008 sqft, 2,614 sqft lot multi_family.
Is 525 Franklin St a flip candidate?
No — 525 Franklin St does not appear in our flips dataset.
Is 525 Franklin St a tax-appeal candidate?
No — 525 Franklin St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.2%
2026 Q3
$771K
2026 Q4
$790.7K
ZIP 07206 — Median Price History + Forecast

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