NOT LISTED FOR SALE

422 State Rt 23 Franklin, NJ 07416

Franklin Area

Estimated Value: $330,000 - $339,285

3 Beds
1 Bath
1,075 Sq Ft
$311/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2023

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

Est. 19% increase in value since last sale

Current estimated payment $2,356 / mo

78 Days on Market

Highlights

  • Radiant Floor
  • Hot Water Heating System
  • Rectangular Lot

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

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,949

Lot Details

  • 8,581 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Radiant Floor
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Legal Lot and Block 00002 / 00702

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,949

Lot Details

8,581 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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
$334,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,571
Avg. Annual Appreciation
6.71%
Original Mortgage
$224,000
Outstanding Balance
$218,533
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$116,038

Purchase Details

Closed on
Jul 31, 1998
Sold by
Toth Eleanora
Bought by
Sowden Rose Marie
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$280,000 First American Title
Sowden Rose Marie -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,124 $266,600 $95,800 $170,800
2025 $6,124 $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

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Map

Source: New Jersey MLS

MLS Number: 23028982

New Jersey MLS

APN: 06-00702-0000-00002

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