NOT LISTED FOR SALE

55 Ben Franklin Dr Unit T6 Franklin, NJ 07416

Estimated Value: $261,920 - $290,000

2 Beds
2.5 Baths
1,100 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $127,000 $115 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,331/month

7 Days on Market

Highlights

  • Private Pool
  • Deck
  • Walk-In Closet
  • Clubhouse
  • Eat-In Kitchen
  • Bathtub with Shower

About This Home

As of June 2020

This home is located at 55 Ben Franklin Dr Unit T6, Franklin, NJ 07416 since 27 May 2020 and is currently estimated at $279,730, approximately $254 per square foot. This property was built in 1986. 55 Ben Franklin Dr Unit T6 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 Listed By

GERI PALERMO

HOWARD HANNA RAND REALTY Listed on: 05/27/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,257

Year Built

  • Built in 1986

Lot Details

  • 436 Sq Ft Lot

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Utility Room
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Franklin Elementary And Middle School
  • Wallkill High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2806-01101-0000-00062-0000-C0851
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, snow removal

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,257

Year Built

Built in 1986

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Sussex
  • Street Number Display: 55
  • Directions: Independence to Ben Franklin
  • I D: 4984459
  • Modified: 2021-06-20
  • Number Images: 13
  • Section Subdiv Development: Franklin Meadows
  • First Name: GERI
  • First Name3: CATHERINE
  • Last Name: PALERMO
  • Last Name3: GRECO
  • Office Phone3: 973-729-2700
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Laundry Room, Utility Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bathroom
  • Other Room1 Level: Second
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Utility Room
  • Other Room3 Level: Basement
  • Other Room 4: Laundry Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 973-694-6500

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Additional Parking, Common

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor
  • Association Maintenance Fee: 275
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Snow Removal

Schools

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: WALLKILL
  • High School: WALLKILL
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: .014 AC
  • Assessed Improvement Value: 72200
  • Assessed Land Value: 40000
  • Assessment: 112200
  • Lot Description: Level Lot
  • Lot Identifier: 62
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.01
  • Zoning: residential

Rental Info

  • Application Fee: 550
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4257
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2806-01101-0000-00062-0000-C0851
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.795
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jun 17, 2020
Sold by
55 Ben Franklin Drive Llc
Bought by
Siddiqui Nafessa and Siddiqui Ajaz
Seller's Agent
GERI PALERMO
HOWARD HANNA RAND REALTY
Buyer's Agent
Catherine Greco
WEICHERT REALTORS
List Price
$139,900
Sold Price
$127,000
Premium/Discount to List
-$12,900
-9.22%
Total Days on Market
7
Current Estimated Value
$279,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,730
Avg. Annual Appreciation
16.50%

Purchase Details

Closed on
Dec 24, 2017
Sold by
Altshuler Loren
Bought by
55 Ben Franklin Dr Llc

Purchase Details

Listed on
Nov 21, 2016
Closed on
Mar 15, 2017
Sold by
Fannie Mae
Bought by
Altshuler Loren
Seller's Agent
CHRISTIAN VEGA
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Joseph Palermo
HOWARD HANNA RAND REALTY
List Price
$118,900
Sold Price
$99,000
Premium/Discount to List
-$19,900
-16.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%

Purchase Details

Closed on
Dec 21, 2015
Sold by
Ritter Lisa M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 6, 2008
Sold by
Baldini Louis C
Bought by
Ritter Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2001
Sold by
Wiener Charles H and Wiener Anne M
Bought by
Baldini Louis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,480
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 1995
Sold by
Zachowski Robert and Zachowski Patricia
Bought by
Wiener Charles H and Wiener Anne M

Range of Values:

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Average Value
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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
Siddiqui Nafessa $127,000 Max Title Agency Llc
55 Ben Franklin Dr Llc -- None Available
Altshuler Loren $99,000 None Available
Federal National Mortgage Association $28,290 None Available
Ritter Lisa $183,000 None Available
Baldini Louis C $84,000 --
Wiener Charles H $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritter Lisa $183,000
Previous Owner Baldini Louis C $81,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $127,000 -9.2% $115 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $139,900 +41.3% $127 / Sq Ft
03/17/2017 03/17/17 Sold $99,000 -16.7% $90 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
11/21/2016 11/21/16 For Sale $118,900 -- $108 / Sq Ft
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
2024 $5,980 $232,500 $100,000 $132,500
2023 $5,980 $216,900 $90,000 $126,900
2022 $4,742 $112,200 $40,000 $72,200
2021 $4,605 $112,200 $40,000 $72,200
2020 $4,460 $112,200 $40,000 $72,200
2019 $4,258 $112,200 $40,000 $72,200
2018 $4,186 $112,200 $40,000 $72,200
2017 $4,084 $112,200 $40,000 $72,200
2016 $3,995 $112,200 $40,000 $72,200
2015 $4,008 $112,200 $40,000 $72,200
2014 $3,906 $112,200 $40,000 $72,200
Source: Public Records

Agents Affiliated with this Home

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Source: Garden State MLS

MLS Number: 3635430

Garden State MLS

APN: 06-01101-0000-00062-0000-C0851