25 Franklin Place Summit, NJ 07901
Studio
--
Bath
2,473
Sq Ft
10,498
Sq Ft Lot
About This Home
This home is located at 25 Franklin Place, Summit, NJ 07901. 25 Franklin Place is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 12, 2017
Sold by
Jabaro Inc
Bought by
Franklin Sdx Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Outstanding Balance
$512,804
Interest Rate
4.05%
Mortgage Type
Commercial
Purchase Details
Closed on
May 23, 1988
Bought by
Jabaro, Inc.
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Franklin Sdx Llc | $77,000 | None Available | |
| Jabaro, Inc. | $440,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Franklin Sdx Llc | $616,000 |
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 | $17,293 | $397,000 | $146,200 | $250,800 |
| 2024 | $17,178 | $397,000 | $146,200 | $250,800 |
| 2023 | $17,178 | $397,000 | $146,200 | $250,800 |
| 2022 | $17,004 | $397,000 | $146,200 | $250,800 |
| 2021 | $17,138 | $397,000 | $146,200 | $250,800 |
| 2020 | $17,309 | $397,000 | $146,200 | $250,800 |
| 2019 | $17,329 | $397,000 | $146,200 | $250,800 |
| 2018 | $15,531 | $358,100 | $146,200 | $211,900 |
| 2017 | $15,631 | $358,100 | $146,200 | $211,900 |
| 2016 | $15,402 | $358,100 | $146,200 | $211,900 |
| 2015 | $15,101 | $358,100 | $146,200 | $211,900 |
| 2014 | $14,711 | $358,100 | $146,200 | $211,900 |
Source: Public Records
Map
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