$405,000
SOLD MAY 21, 2025

5-7 Cummins St Franklin, NJ 07416

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

Recently Sold

10% Below List Price

20 Days on Market

About This Home

As of May 2025

This home is located at 5-7 Cummins St, Franklin, NJ 07416 and is currently priced at $405,000. This property was built in 1920. 5-7 Cummins St is a home located in Sussex County with nearby schools including Franklin Elementary School, Wallkill Valley Regional High School, and Immaculate Conception Regional School.

Last Agent to Sell the Property

CARLY RESTREPO

COLDWELL BANKER REALTY Brokerage Phone: 973-440-5588 Listed on: 03/28/2025

Last Buyer's Agent

ROY MATHEWS

C-21 CHRISTEL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,335

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,335

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Sussex
  • I D: 5347345
  • Attribution Contact: 973-440-5588
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: .162 AC
  • Total Acres: 0.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 10, 2025
Sold by
Attri Neelam and Singh Rashmi
Bought by
Malinowski Jason and Malinowski Danielle
Seller's Agent
CARLY RESTREPO
COLDWELL BANKER REALTY
Buyer's Agent
ROY MATHEWS
C-21 CHRISTEL REALTY
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Views
18
Current Estimated Value
$385,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,169
Avg. Annual Appreciation
-8.59%
Original Mortgage
$283,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 13, 2022
Sold by
Breidenbach James Walter
Bought by
Attri Neelam and Singh Rashmi
Seller's Agent
Susan Greaves
Berkshire Hathaway Gross & Jansen, Franklin
Buyer's Agent
Outside Agent
Outside Office
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.05%
Original Mortgage
$146,250
Interest Rate
5.13%
Mortgage Type
New Conventional
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $405,000 Title On Demand
Deed $405,000 Title On Demand
Deed $195,000 1St Rate Title & Settlement Se
Deed $195,000 1St Rate Title & Settlement Se
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $283,500 New Conventional
Previous Owner $146,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2025 05/21/25 Sold $405,000 -10.0% --
04/17/2025 04/17/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $450,000 +119.5% --
09/19/2022 09/19/22 Sold $205,000 -8.9% -- View Prior Sale
08/11/2022 08/11/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $225,000 -- --
Source: Garden State 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 $5,335 $224,500 $86,800 $137,700
2024 $5,299 $201,000 $68,500 $132,500
2023 $5,299 $192,200 $63,500 $128,700
2022 $5,705 $135,000 $49,400 $85,600
2021 $5,540 $135,000 $49,400 $85,600
2020 $5,366 $135,000 $49,400 $85,600
2019 $5,655 $149,000 $49,400 $99,600
2018 $5,559 $149,000 $49,400 $99,600
2017 $5,424 $149,000 $49,400 $99,600
2016 $5,306 $149,000 $49,400 $99,600
2015 $5,322 $149,000 $49,400 $99,600
2014 $5,187 $149,000 $49,400 $99,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    CARLY RESTREPO

    COLDWELL BANKER REALTY

  • R

    Buyer's Agent in 2025

    ROY MATHEWS

    C-21 CHRISTEL REALTY

  • S

    Seller's Agent in 2022

    Susan Greaves

    Berkshire Hathaway Gross & Jansen, Franklin

    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

    Outside Office

See All Agents

Map

Source: Garden State MLS

MLS Number: 3953671

Garden State MLS

APN: 06-00607-0000-00035

New Jersey Sussex County Franklin 07416

5-7 Cummins St, Franklin, NJ

Sold

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