NOT LISTED FOR SALE

45 Franklin Place Summit, NJ 07901

Summit Area

Estimated Value: $1,356,000 - $2,370,217

4 Beds
4 Baths
2,415 Sq Ft
$772/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2023

Last sale price $1,800,000 $745 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $11,750 / mo

13 Days on Market

About This Home

As of May 2023

This home is located at 45 Franklin Place, Summit, NJ 07901 since 07 April 2023 and is currently estimated at $1,863,804, approximately $771 per square foot. This property was built in 1884. 45 Franklin Place 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

NATALYA PRICE

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 04/07/2023

Last Buyer's Agent

ELAINE PRUZON

PROMINENT PROPERTIES SIR

Range of Values:

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

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1884

Lot Details

  • 7,013

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1884

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Year Built: 1884
  • County Name: Union
  • I D: 5213210
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 70X100

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
Apr 7, 2023
Closed on
May 12, 2023
Sold by
Barnes Stephen J and Barnes Robyn
Bought by
Seller's Agent
NATALYA PRICE
COMPASS NEW JERSEY, LLC
Buyer's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
List Price
$1,549,000
Sold Price
$1,800,000
Premium/Discount to List
$251,000
16.2%
Current Estimated Value
$1,863,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,804
Avg. Annual Appreciation
1.05%

Purchase Details

Closed on
Feb 21, 2018
Sold by
Knurr Joshua James and Knurr Megan Michelle
Bought by
Barnes Stephen J and Barnes Robyn

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
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2014
Closed on
Apr 6, 2014
Sold by
Geci Osman and Geci Nora
Bought by
Knurr Joshua James and Knurr Megan Michelle
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
7.00%
Original Mortgage
$616,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Fallon Melissa
Bought by
Geci Osman and Geci Nora

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
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2006
Sold by
Moore Frederick M
Bought by
Moore Frederick M and Moore Rayma C

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
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 1998
Sold by
Moore Frederick M and Moore Rayma C
Bought by
Moore Frederick M and Moore Rayma C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Shuang Liang Real Estate Agent - Premiumone Realty

    Shuang Liang

    Premiumone Realty

    (862) 214-7430

    73 Total Sales

    3 in Summit

    $1.1M - $1.8M Price Range

    Shuang Liang
     Section Image
  • Anita Vogel Real Estate Agent - Weichert Realtors, Montclair

    Anita Vogel

    Weichert Realtors, Montclair

    (862) 292-4859

    14 Total Sales

    2 in Summit

    $400,000 Price Range

    Anita Vogel
     Section Image
  • Jesse Flowers Real Estate Agent - COLDWELL BANKER REALTY

    Jesse Flowers

    COLDWELL BANKER REALTY

    (908) 913-7468

    43 Total Sales

    1 in Summit

    $815,000 Price

    Jesse Flowers
     Section Image
  • Steph Mahon Real Estate Agent - Compass New Jersey

    Steph Mahon

    Compass New Jersey

    (833) 669-4351

    78 Total Sales

    2 in Summit

    $420K - $1.6M Price Range

    Steph Mahon
     Section Image
  • Mackenson Bonnet Real Estate Agent - WEICHERT REALTORS

    Mackenson Bonnet

    WEICHERT REALTORS

    (862) 272-3446

    63 Total Sales

    1 in Summit

    $465,000 Price

    Mackenson Bonnet
     Section Image
  • Nicole Levine Real Estate Agent - WEICHERT REALTORS

    Nicole Levine

    WEICHERT REALTORS

    (862) 259-6555

    77 Total Sales

    1 in Summit

    $601,000 Price

    Nicole Levine
     Section Image
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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
$1,800,000 Green Hill Title
Barnes Stephen J $1,347,500 Multiple
Knurr Joshua James $800,000 Nrt Title Agency Llc
Geci Osman -- --
Moore Frederick M -- --
Moore Frederick M -- 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 Knurr Joshua James $616,000
Previous Owner Geci Osman $560,000
Previous Owner Moore Frederick M $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 Prior Sale
05/15/2023 05/15/23 Sold $1,800,000 +16.2% $745 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $1,549,000 +92.4% $641 / Sq Ft
04/16/2014 04/16/14 Sold $805,000 -- $333 / Sq Ft View Prior Sale
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

  • NP

    Seller's Agent in 2023

    NATALYA PRICE

    COMPASS NEW JERSEY, LLC

  • EP

    Buyer's Agent in 2023

    ELAINE PRUZON

    PROMINENT PROPERTIES SIR

  • SP

    Buyer Co-Listing Agent in 2023

    SUZANNE L. POLOW

    PROMINENT PROPERTIES SIR

  • Rosaleen Light-newby Real Estate Agent - WEICHERT REALTORS

    Seller's Agent in 2014

    Rosaleen Light-newby

    WEICHERT REALTORS

    (908) 510-0861

    29 Total Sales

    Rosaleen Light-newby
    Section Image
  • Jane Greene Real Estate Agent - COLDWELL BANKER REALTY

    Buyer's Agent in 2014

    Jane Greene

    COLDWELL BANKER REALTY

    (973) 436-5166

    153 Total Sales

    Jane Greene
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3837037

Garden State MLS

APN: 18-02613-0000-00002

New Jersey Union County Summit 07901

45 Franklin Place, Summit, NJ

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