NOT LISTED FOR SALE

422 State Rt 23 Franklin, NJ 07416

Estimated Value: $279,000 - $344,000

3 Beds
1 Bath
1,075 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $280,000 $260 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,167/month

78 Days on Market

About This Home

As of December 2023

This property presents a golden opportunity to function as a cozy residence, a bustling business hub, or a seamless fusion of both. Built with 1930's charm this ready-to-move-in abode, features three bedrooms and one bathroom. The welcoming eat-in kitchen, with newly upgraded cabinets, stands as a perfect setting for savoring home-cooked meals or hosting casual lunch meetings. Freshly painted to enhance the aesthetics of the home, while the hardwood floors are undergoing a revitalization to add a touch of elegance. Beyond the main living space, the property has a full basement to handle your storage needs and a laundry room. The detached garage stands ready to meet your parking needs or can easily be transformed into a workshop or additional office space to suit your vision. Positioned advantageously on State Route 23, the site promises excellent visibility and accessibility a key boon if you're considering a home-based business venture.

Last Agent to Sell the Property

Jody Novak

Coldwell Banker, Sparta Listed on: 09/18/2023

Coldwell Banker, Sparta

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,949

Lot Details

  • 8,581 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00002 / 00702

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: (973) 729-6111
  • MLS Status: Sold - Sold
  • Directions: GPS to 422 State Rt 23 Franklin
  • Reso Fireplace Features: None
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Hot Water, Radiant Floor

Lot Info

  • Lot Dimensions: .197
  • Lot Size Sq Ft: 8581.0

Tax Info

  • Tax Annual Amount: 4949.0
  • Tax Block: 00702
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Dec 14, 2023
Sold by
Sowden John M and Sowden Deborah
Bought by
Hernandez Cesar Lopez and Acosta Geraldine S
Seller's Agent
Jody Novak
Coldwell Banker, Sparta
Buyer's Agent
Outside Agent
Outside Office
List Price
$350,000
Sold Price
$280,000
Premium/Discount to List
-$70,000
-20%
Views
63
Current Estimated Value
$319,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,629
Avg. Annual Appreciation
7.59%
Original Mortgage
$224,000
Outstanding Balance
$220,282
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$99,347

Purchase Details

Closed on
Jul 31, 1998
Sold by
Toth Eleanora
Bought by
Sowden Rose Marie
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 Buyer Sale Price Title Company
Hernandez Cesar Lopez $280,000 First American Title
Sowden Rose Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Cesar Lopez $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $280,000 -6.6% $260 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
10/26/2023 10/26/23 Price Changed $299,900 -14.3% $279 / Sq Ft
09/18/2023 09/18/23 For Sale $350,000 -- $326 / Sq Ft
Source: New Jersey 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 $5,589 $243,500 $91,800 $151,700
2024 $5,095 $210,600 $74,200 $136,400
2023 $5,095 $184,800 $69,500 $115,300
2022 $5,097 $120,600 $47,900 $72,700
2021 $4,949 $120,600 $47,900 $72,700
2020 $4,794 $120,600 $47,900 $72,700
2019 $4,577 $120,600 $47,900 $72,700
2018 $4,500 $120,600 $47,900 $72,700
2017 $4,390 $120,600 $47,900 $72,700
2016 $4,295 $120,600 $47,900 $72,700
2015 $4,308 $120,600 $47,900 $72,700
2014 $4,198 $120,600 $47,900 $72,700
Source: Public Records

Agents Affiliated with this Home

  • Jody Novak

    Seller's Agent in 2023

    Jody Novak

    Coldwell Banker, Sparta

    (201) 213-3940

    1 in this area

    5 Total Sales

    Jody Novak
    Section Image

  • O

    Buyer's Agent in 2023

    Outside Agent

    Outside Office

See All Agents

Map

Source: New Jersey MLS

MLS Number: 23028982

New Jersey MLS

APN: 06-00702-0000-00002

New Jersey Sussex County Franklin 07416

422 State Rt 23, Franklin, NJ

This home is located at 422 State Rt 23, Franklin, NJ 07416 since 18 September 2023 and is currently estimated at $319,629, approximately $297 per square foot. 422 State Rt 23 is a home located in Sussex County with nearby schools including Franklin Elementary School, Wallkill Valley Regional High School, and Immaculate Conception Regional School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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