NOT LISTED FOR SALE

45 Franklin Place Unit 2 Summit, NJ 07901

Summit Area

Estimated Value: $1,452,000 - $2,413,245

Studio
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: April 16, 2014

Last sale price $805,000

Est. 131% increase in value since last sale

Current estimated payment $11,534 / mo

About This Home

As of April 2014

This home is located at 45 Franklin Place Unit 2, Summit, NJ 07901 since 16 April 2014 and is currently estimated at $1,862,061. 45 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.

Last Agent to Sell the Property

Rosaleen Light-newby

WEICHERT REALTORS Brokerage Phone: 908-522-9444 Listed on: 04/16/2014

WEICHERT REALTORS

Last Buyer's Agent

Jane Greene

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,970 Sq Ft Lot

Property Details

Home Type

Multi-Family

Lot Details

6,970 Sq Ft Lot

Listing Details

  • County Name: Union
  • I D: 4328665
  • Attribution Contact: 908-522-9444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 70X100
  • Total Acres: 0.16

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

Closed on
May 12, 2023
Sold by
Bought by
Current Estimated Value
$1,862,061

Purchase Details

Closed on
Feb 21, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,078,000
Interest Rate
0.0404%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2014
Closed on
Apr 6, 2014
Sold by
Bought by
Seller's Agent
Rosaleen Light-newby
WEICHERT REALTORS
Buyer's Agent
Jane Greene
COLDWELL BANKER REALTY
Sold Price
$805,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$616,000
Interest Rate
0.0436%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.0618%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
0.0675%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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

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
$1,800,000 Green Hill Title
$1,347,500 Multiple
$800,000 Nrt Title Agency Llc
-- --
-- --
-- Lawrence Abstract Company
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
Previous Owner $1,078,000
Previous Owner $616,000
Previous Owner $560,000
Previous Owner $464,000
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
04/16/2014 04/16/14 Sold $805,000 -- --
Source: Garden State 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 $17,003 $380,300 $128,300 $252,000
2025 $17,003 $380,300 $128,300 $252,000
2024 $16,456 $380,300 $128,300 $252,000
2023 $16,456 $380,300 $128,300 $252,000
2022 $16,288 $380,300 $128,300 $252,000
2021 $16,418 $380,300 $128,300 $252,000
2020 $16,581 $380,300 $128,300 $252,000
2019 $16,600 $380,300 $128,300 $252,000
2018 $16,494 $380,300 $128,300 $252,000
2017 $16,600 $380,300 $128,300 $252,000
2016 $16,357 $380,300 $128,300 $252,000
2015 $16,037 $258,700 $128,300 $130,400
2014 $10,627 $258,700 $128,300 $130,400
Source: Public Records

Agents Affiliated with this Home

  • Rosaleen Light-newby

    Seller's Agent in 2014

    Rosaleen Light-newby

    WEICHERT REALTORS

    (908) 510-0861

    28 Total Sales

    Rosaleen Light-newby
    Section Image
  • Jane Greene

    Buyer's Agent in 2014

    Jane Greene

    COLDWELL BANKER REALTY

    (973) 436-5166

    155 Total Sales

    Jane Greene
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3030760

Garden State MLS

APN: 18-02613-0000-00002

New Jersey Union County Summit 07901

45 Franklin Place Unit 2, Summit, NJ

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