NOT LISTED FOR SALE

54 Franklin Place Unit 2 Summit, NJ 07901

Estimated Value: $1,174,378 - $1,660,000

2 Beds
1 Bath
2,908 Sq Ft
$460/Sq Ft Est. Value

About This Home

This home is located at 54 Franklin Place Unit 2, Summit, NJ 07901 and is currently estimated at $1,336,845, approximately $459 per square foot. 54 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 1999
Sold by
Jtw Associates
Bought by
Timbar Associates #54 Llc
Current Estimated Value
$1,336,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$92,732
Interest Rate
7.37%
Estimated Equity
$1,333,989
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Timbar Associates #54 Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timbar Associates #54 Llc $276,000
Source: Public Records

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
2024 $14,768 $341,300 $134,100 $207,200
2023 $14,768 $341,300 $134,100 $207,200
2022 $14,618 $341,300 $134,100 $207,200
2021 $14,734 $341,300 $134,100 $207,200
2020 $14,881 $341,300 $134,100 $207,200
2019 $14,898 $341,300 $134,100 $207,200
2018 $14,802 $341,300 $134,100 $207,200
2017 $14,898 $341,300 $134,100 $207,200
2016 $14,679 $341,300 $134,100 $207,200
2015 $14,393 $341,300 $134,100 $207,200
2014 $14,021 $341,300 $134,100 $207,200
Source: Public Records

Map

New Jersey Union County Summit 07901

54 Franklin Place Unit 2, Summit, NJ

This home is located at 54 Franklin Place Unit 2, Summit, NJ 07901 and is currently estimated at $1,336,845, approximately $459 per square foot. 54 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.

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