NOT LISTED FOR SALE

116 Main St Franklin, NJ 07416

Estimated Value: $303,000 - $342,000

2 Beds
1 Bath
1,095 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $238,000 $217 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,161/month

43 Days on Market

About This Home

As of October 2022

This home is located at 116 Main St, Franklin, NJ 07416 since 20 June 2022 and is currently estimated at $324,048, approximately $295 per square foot. This property was built in 1921. 116 Main St is a home located in Sussex County with nearby schools including Franklin Elementary School, Wallkill Valley Regional High School, and Immaculate Conception Regional School.

Last Agent to Sell the Property

CYNTHIA CHENG

FIEDLER REAL ESTATE Brokerage Phone: 908-852-2200 Listed on: 06/20/2022

Last Buyer's Agent

RAINA MACLEAN

HIGHMARK REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,547

Year Built

  • Built in 1921

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,547

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Year Built: 1921
  • County Name: Sussex
  • I D: 5159834
  • Attribution Contact: 908-852-2200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: .138 AC
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Oct 6, 2022
Sold by
Richartty Yulia
Bought by
Degroat Justin and Mackerley Dorothy S
Seller's Agent
CYNTHIA CHENG
FIEDLER REAL ESTATE
Buyer's Agent
RAINA MACLEAN
HIGHMARK REAL ESTATE
List Price
$224,900
Sold Price
$238,000
Premium/Discount to List
$13,100
5.82%
Current Estimated Value
$324,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,048
Avg. Annual Appreciation
10.54%
Original Mortgage
$233,689
Outstanding Balance
$226,382
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$97,666

Purchase Details

Closed on
Sep 28, 2017
Sold by
Main&Others Llc
Bought by
Richarity Yulia

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 26, 2016
Sold by
Fannie Mae
Bought by
Yulenka Inc
Seller's Agent
Susan Wadleigh
EXIT CLASSIC REALTY
Buyer's Agent
Susan Wadleigh
EXIT CLASSIC REALTY
List Price
$26,000
Sold Price
$30,500
Premium/Discount to List
$4,500
17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.00%

Purchase Details

Closed on
Apr 11, 2016
Sold by
Carmody Linda C and Phh Home Loans Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 10, 2006
Sold by
Becker Dennis
Bought by
Becker Dennis and Becker Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 4, 2004
Sold by
Gayton Larraine
Bought by
Becker Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1998
Sold by
Messet Linda and Lamwers James F
Bought by
Becker Dennis and Gayton Larraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Degroat Justin $238,000 None Listed On Document
Degroat Justin $238,000 None Listed On Document
Richarity Yulia -- Multiple
Yulenka Inc $30,500 First American Title Ins Co
Federal National Mortgage Association -- None Available
Becker Dennis -- None Available
Becker Dennis -- --
Becker Dennis $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degroat Justin $233,689
Closed Degroat Justin $233,689
Previous Owner Becker Dennis $425,000
Previous Owner Becker Dennis $258,300
Previous Owner Becker Dennis $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2022 10/24/22 Sold $238,000 +5.8% $217 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $224,900 +637.4% $205 / Sq Ft
08/12/2016 08/12/16 Sold $30,500 +17.3% $28 / Sq Ft View Prior Sale
07/18/2016 07/18/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $26,000 -- $24 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,547 $233,300 $99,300 $134,000
2024 $5,520 $209,000 $80,100 $128,900
2023 $5,520 $200,200 $75,000 $125,200
2022 $5,299 $125,400 $51,200 $74,200
2021 $5,146 $125,400 $51,200 $74,200
2020 $4,985 $125,400 $51,200 $74,200
2019 $4,759 $125,400 $51,200 $74,200
2018 $4,679 $125,400 $51,200 $74,200
2017 $4,364 $119,900 $51,200 $68,700
2016 $4,270 $119,900 $51,200 $68,700
2015 $4,283 $119,900 $51,200 $68,700
2014 $4,174 $119,900 $51,200 $68,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    CYNTHIA CHENG

    FIEDLER REAL ESTATE

  • R

    Buyer's Agent in 2022

    RAINA MACLEAN

    HIGHMARK REAL ESTATE

  • Susan Wadleigh

    Seller's Agent in 2016

    Susan Wadleigh

    EXIT CLASSIC REALTY

    (201) 936-8804

    2 in this area

    60 Total Sales

    Susan Wadleigh
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Map

Source: Garden State MLS

MLS Number: 3790489

Garden State MLS

APN: 06-01004-0000-00008

New Jersey Sussex County Franklin 07416

116 Main St, Franklin, NJ

Not Listed for Sale

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