$425,000
SOLD JUL 7, 2025

38 Scott Rd Franklin, NJ 07416

3 Beds
3 Baths
2,266 Sq Ft
1.29 Acres

Recently Sold

$188 Per Sq Ft

11% Below List Price

241 Days on Market

About This Home

As of July 2025

This home is located at 38 Scott Rd, Franklin, NJ 07416 and is currently priced at $425,000, approximately $187 per square foot. This property was built in 1987. 38 Scott Rd is a home located in Sussex County with nearby schools including Franklin Elementary School, Wallkill Valley Regional High School, and Sussex County Technical School.

Last Agent to Sell the Property

Susan Greaves

BHHS GROSS AND JANSEN REALTORS Brokerage Phone: 973-729-8727 Listed on: 08/28/2024

BHHS GROSS AND JANSEN REALTORS

Last Buyer's Agent

KYLE KERWIN

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,610

Year Built

  • Built in 1987

Lot Details

  • 1.29 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,610

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Sussex
  • Street Number Display: 38
  • I D: 5309614
  • Modified: 2025-07-09
  • Number Images: 1
  • Attribution Contact: 973-729-8727
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 3.00

Lot Info

  • Lot Size: 1.292 AC
  • Total Acres: 1.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Jul 3, 2025
Sold by
Kim Ik-Hwan and Kim Christine
Bought by
Wehr Michael Thomas and Wehr Audra
Seller's Agent
Susan Greaves
BHHS GROSS AND JANSEN REALTORS
Buyer's Agent
KYLE KERWIN
RE/MAX SELECT
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Views
226
Current Estimated Value
$445,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,011
Avg. Annual Appreciation
20.21%
Original Mortgage
$400,000
Outstanding Balance
$399,328
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$45,683

Purchase Details

Closed on
May 9, 2003
Sold by
Kim Ik Hwan
Bought by
Kim Ik Hwan and Kim Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Bargain Sale Deed $435,000 Westcor Land Title
Bargain Sale Deed $435,000 Westcor Land Title
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $400,000 New Conventional
Previous Owner $204,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2025 07/07/25 Sold $425,000 -5.6% $188 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
10/04/2024 10/04/24 Price Changed $450,000 -5.3% $199 / Sq Ft
08/28/2024 08/28/24 For Sale $475,000 -- $210 / 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 $9,610 $389,500 $133,300 $256,200
2024 $9,583 $362,100 $114,200 $247,900
2023 $9,583 $347,600 $105,200 $242,400
2022 $9,825 $232,500 $84,800 $147,700
2021 $9,542 $232,500 $84,800 $147,700
2020 $9,242 $232,500 $84,800 $147,700
2019 $8,823 $232,500 $84,800 $147,700
2018 $8,675 $232,500 $84,800 $147,700
2017 $8,463 $232,500 $84,800 $147,700
2016 $8,279 $232,500 $84,800 $147,700
2015 $8,305 $232,500 $84,800 $147,700
2014 $8,093 $232,500 $84,800 $147,700
Source: Public Records

Agents Affiliated with this Home

  • Susan Greaves

    Seller's Agent in 2025

    Susan Greaves

    BHHS GROSS AND JANSEN REALTORS

    (973) 919-0580

    10 in this area

    54 Total Sales

    Susan Greaves
    Section Image

  • K

    Buyer's Agent in 2025

    KYLE KERWIN

    RE/MAX

See All Agents

Map

Source: Garden State MLS

MLS Number: 3921067

Garden State MLS

APN: 06-00802-0000-00005

New Jersey Sussex County Franklin 07416

38 Scott Rd, Franklin, NJ

This home is located at 38 Scott Rd, Franklin, NJ 07416 and is currently priced at $425,000, approximately $187 per square foot. This property was built in 1987. 38 Scott Rd is a home located in Sussex County with nearby schools including Franklin Elementary School, Wallkill Valley Regional High School, and Sussex County Technical School.

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