NOT LISTED FOR SALE

42 Franklin Place Unit 2 Summit, NJ 07901

Estimated Value: $988,446 - $1,208,000

-- Bed
2 Baths
2,430 Sq Ft
$461/Sq Ft Est. Value

About This Home

This home is located at 42 Franklin Place Unit 2, Summit, NJ 07901 and is currently estimated at $1,120,112, approximately $460 per square foot. 42 Franklin Place Unit 2 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
Jul 26, 1999
Sold by
Erday Timothy and Grabko John
Bought by
Timbar Associates #42 Llc
Current Estimated Value
$1,120,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.37%

Purchase Details

Closed on
Sep 28, 1994
Sold by
Gilhart George W
Bought by
Erday Timothy and Grabko John

Purchase Details

Closed on
Aug 12, 1994
Sold by
Szardenings Siegfried
Bought by
Gilhart George William

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Timbar Associates #42 Llc $292,500 --
Erday Timothy $212,500 --
Gilhart George William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timbar Associates 42 Llc $340,000
Closed Timbar Associates #42 Llc $236,000
Source: Public Records

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 $10,489 $242,400 $133,000 $109,400
2023 $10,489 $242,400 $133,000 $109,400
2022 $10,382 $242,400 $133,000 $109,400
2021 $10,464 $242,400 $133,000 $109,400
2020 $10,569 $242,400 $133,000 $109,400
2019 $10,581 $242,400 $133,000 $109,400
2018 $10,513 $242,400 $133,000 $109,400
2017 $10,581 $242,400 $133,000 $109,400
2016 $10,426 $242,400 $133,000 $109,400
2015 $10,222 $242,400 $133,000 $109,400
2014 $9,958 $242,400 $133,000 $109,400
Source: Public Records

Map

New Jersey Union County Summit 07901

42 Franklin Place Unit 2, Summit, NJ

Homes for Sale in Summit, NJ

This home is located at 42 Franklin Place Unit 2, Summit, NJ 07901 and is currently estimated at $1,120,112, approximately $460 per square foot. 42 Franklin Place Unit 2 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.

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