140 Franklin St Unit 44 Morristown, NJ 07960
Estimated Value: $13,618,539
2
Beds
1
Bath
--
Sq Ft
3.62
Acres
About This Home
This home is located at 140 Franklin St Unit 44, Morristown, NJ 07960 and is currently estimated at $13,618,539. 140 Franklin St Unit 44 is a home located in Morris County with nearby schools including Hillcrest School, Thomas Jefferson School, and Alexander Hamilton School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 13, 2012
Sold by
Cugini Enterprises Corporation
Bought by
Cugini Enterprises Corporation and Gal Financing Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Outstanding Balance
$5,145,653
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$7,931,922
Purchase Details
Closed on
Feb 9, 2005
Sold by
Osterstock Louis
Bought by
Cugini Enterprises Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,275,000
Interest Rate
5.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 20, 1998
Sold by
Osterstock Roy E and Osterstock Louis H
Bought by
Louis H Osterstock Llc and Osterstock Gladis E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cugini Enterprises Corporation | -- | Stewart Title Guaranty Co | |
| Cugini Enterprises Corp | $8,500,000 | -- | |
| Louis H Osterstock Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cugini Enterprises Corporation | $7,500,000 | |
| Previous Owner | Cugini Enterprises Corp | $4,275,000 |
Source: Public Records
Tax History Compared to Growth
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 | $255,796 | $16,241,000 | $7,600,000 | $8,641,000 |
| 2024 | $95,898 | $16,241,000 | $7,600,000 | $8,641,000 |
| 2023 | $95,898 | $3,300,000 | $1,900,000 | $1,400,000 |
| 2022 | $94,776 | $3,300,000 | $1,900,000 | $1,400,000 |
| 2021 | $94,776 | $3,300,000 | $1,900,000 | $1,400,000 |
| 2020 | $95,139 | $3,300,000 | $1,900,000 | $1,400,000 |
| 2019 | $95,106 | $3,300,000 | $1,900,000 | $1,400,000 |
| 2018 | $93,885 | $3,300,000 | $1,900,000 | $1,400,000 |
| 2017 | $91,080 | $3,300,000 | $1,900,000 | $1,400,000 |
| 2016 | $88,737 | $3,300,000 | $1,900,000 | $1,400,000 |
| 2015 | $86,625 | $3,300,000 | $1,900,000 | $1,400,000 |
| 2014 | $85,668 | $3,300,000 | $1,900,000 | $1,400,000 |
Source: Public Records
Map
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