NOT LISTED FOR SALE

161 Main St Franklin, NJ 07416

Estimated Value: $439,685 - $487,000

-- Bed
-- Bath
2,178 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $340,000 $156 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,216/month

34 Days on Market

About This Home

As of June 2021

This home is located at 161 Main St, Franklin, NJ 07416 since 10 February 2021 and is currently estimated at $459,171, approximately $210 per square foot. This property was built in 1910. 161 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 Listed By

Joanne Reder

SUSSEX COUNTY REAL ESTATE Brokerage Phone: 973-827-8885 Listed on: 02/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,034

Year Built

  • Built in 1910

Lot Details

  • 0.29 Acre Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,034

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • County Name: Sussex
  • Street Number Display: 161
  • I D: 5047587
  • Modified: 2022-06-25
  • Number Images: 1
  • Attribution Contact: 973-827-8885
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .294 AC
  • Total Acres: 0.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Aug 20, 2021
Sold by
Russinko Diane and Russinko Richard
Bought by
Concha Miguel S
Seller's Agent
Joanne Reder
SUSSEX COUNTY REAL ESTATE
Buyer's Agent
MIGUEL SALINAS
OPTION 1 REALTY GROUP, LLC
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%
Total Days on Market
34
Current Estimated Value
$459,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,171
Avg. Annual Appreciation
7.57%
Interest Rate
2.86%

Purchase Details

Listed on
Feb 10, 2021
Closed on
May 25, 2021
Sold by
Russinko Richard and Russinko Diane
Bought by
Concha Miguel Salinas
Seller's Agent
Joanne Reder
SUSSEX COUNTY REAL ESTATE
Buyer's Agent
MIGUEL SALINAS
OPTION 1 REALTY GROUP, LLC
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,231
Interest Rate
2.9%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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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
Concha Miguel Salinas $340,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Concha Miguel Salinas $333,231
Previous Owner Russinko Richard $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $340,000 -2.6% $156 / Sq Ft
04/29/2021 04/29/21 For Sale $349,000 0.0% $160 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $349,000 -- $160 / 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
2024 $8,034 $303,600 $79,000 $224,600
2023 $8,034 $291,400 $73,200 $218,200
2022 $9,086 $215,000 $57,200 $157,800
2021 $8,824 $215,000 $57,200 $157,800
2020 $8,546 $215,000 $57,200 $157,800
2019 $8,159 $215,000 $57,200 $157,800
2018 $8,022 $215,000 $57,200 $157,800
2017 $7,826 $215,000 $57,200 $157,800
2016 $7,656 $215,000 $57,200 $157,800
2015 $7,680 $215,000 $57,200 $157,800
2014 $7,484 $215,000 $57,200 $157,800
Source: Public Records

Agents Affiliated with this Home

  • Joanne Reder

    Seller's Agent in 2021

    Joanne Reder

    SUSSEX COUNTY REAL ESTATE

    (201) 317-0829

    20 in this area

    96 Total Sales

    Joanne Reder
    Section Image

  • M

    Buyer's Agent in 2021

    MIGUEL SALINAS

    OPTION 1 REALTY GROUP, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3691596

Garden State MLS

APN: 06-00608-0000-00018

New Jersey Sussex County Franklin 07416

161 Main St, Franklin, NJ

Homes for Sale in Franklin, NJ

This home is located at 161 Main St, Franklin, NJ 07416 since 10 February 2021 and is currently estimated at $459,171, approximately $210 per square foot. This property was built in 1910. 161 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.

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