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246 Franklin St, Hightstown, NJ, 08520

4beds
1baths
1,401sqft
$499,000
$356price/sqft
$3,749/moest. monthly cost
$149,960/yrincome needed

About This Home

Opportunity awaits in the heart of Hightstown! Situated on a large, deep lot with favorable zoning that may accommodate professional at-home business use and other potential uses (buyer to verify with municipality), this charming four-bedroom, one-bath home offers flexibility, character, and room to grow. Inside, you'll find beautiful hardwood floors, spacious living areas, and plenty of natural light throughout. A walkout basement provides additional storage, workshop space, or future possibilities. Recent improvements include a newer roof, offering added peace of mind for years to come. The property also features a detached two-car garage with convenient access from the rear street, making parking and storage a breeze. A shared driveway provides additional accessibility while the expansive backyard offers endless opportunities for outdoor enjoyment, gardening, or future expansion. Conveniently located near downtown Hightstown, shopping, dining, parks, and major commuter routes, this property combines residential comfort with exceptional potential for professional or mixed-use possibilities. Very close to NJTP, Routes 133, 33 and 130.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

6/10
Melvin H Kreps SchoolGrades 6-82.3 mi
6/10
Hightstown High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Block,Other
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: In Basement

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Other,Unfinished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,401

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 1,401
  • Total interior livable area: 1,401 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 040002900012
  • Zoning: DTG
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 9,662 sqft
  • Lot size dimensions: 46.00 x 210.00

Parking

  • Total spaces: 2
  • Parking features: Other,Storage,Garage Faces Rear,Driveway,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Hurricane
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$139$1,668
Property Taxes $894$10,728
Electricity $193$2,318
Total$3,749$44,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,537/yr
40% on housing$112,470/yr
45% on housing$99,973/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$356This listing

vs Other Active Listings

Avg $/sqft

ZIP 08520$224
Mercer County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 08520$307
Mercer County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Listed for rent$2,800
2026-07-27Price change$499,000
2026-06-04Listed for sale$525,000
2021-06-10Listing removed--
2021-05-10Listed for rent$2,000
2021-04-28Listing removed--
2021-03-28Listed for rent$2,100
2019-02-10Listing removed$1,800
2019-01-15Listed for rent$1,800
2018-12-10Sold$53,000
2018-05-17Listing removed$1,800
2018-04-17Listed for rent$1,800
2015-08-05Listing removed$1,750
2015-05-31Listed for rent$1,750
2013-04-17Listing removed$1,700
2013-02-12Listed for rent$1,700
2012-12-01Listing removed$239,900
2012-08-17Price change$239,900
2012-06-09Listed for sale$249,900

For Sale by Agent

AgentMr. Brian A Smith
BrokerageBHHS Fox & Roach - Robbinsville

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