$99,000
SOLD MAR 17, 2017

55 Ben Franklin Dr Unit T6 Franklin, NJ 07416

2 Beds
2.5 Baths
1,100 Sq Ft
436 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

17% Below List Price

85 Days on Market

About This Home

As of June 2020

NICE 2 BED 2.5 BATH INTERIOR UNIT TOWNHOME LOCATED IN FRANKLIN MEADOWS. HOME FEATURES FRESH PAINT THROUGHOUT, DECK OFF THE REAR, AND FULL BASEMENT. CONVENIENT LOCATION CLOSE TO SHOPPING AND MAJOR ROUTES. THIS IS A FANNIE MAE HOMEPATH PROPERTY.

Last Agent to Sell the Property

CHRISTIAN VEGA

REALTY EXECUTIVES EXCEPTIONAL Listed on: 11/21/2016

Last Buyer's Agent

Joseph Palermo

HOWARD HANNA RAND REALTY

HOWARD HANNA RAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,007

Year Built

  • Built in 1986

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House
  • 436 Sq Ft Lot

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,007

Year Built

Built in 1986

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Sussex
  • Street Number Display: 55
  • Directions: Route 23 to Mitchell to Independence to Ben Franklin
  • I D: 4672679
  • Modified: 2021-09-23
  • Number Images: 10
  • Section Subdiv Development: Franklin Meadows
  • First Name: CHRISTIAN
  • First Name3: JOSEPH R
  • Last Name: VEGA
  • Last Name3: PALERMO
  • Office Phone: 973-575-6700
  • Office Phone3: 973-694-6500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Rooms: 7
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-729-7141

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 2 Car Width

Utilities

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

Condo/Co-op/Association

  • Association Maintenance Fee: 250
  • Association Maintenance Fee Frequency: Monthly

Lot Info

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

Rental Info

  • Application Fee: 999999
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4007
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2806-01101-0000-00062-0000-C0851
  • Tax Rate Amount: 3.572
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

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%
Current Estimated Value
$272,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,152
Avg. Annual Appreciation
16.17%

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
12.89%

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
Source: Public Records

Range of Values:

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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 $127,000 Max Title Agency Llc
Deed -- None Available
Special Warranty Deed $99,000 None Available
Deed $28,290 None Available
Bargain Sale Deed $183,000 None Available
Bargain Sale Deed $84,000 --
Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $183,000 Purchase Money Mortgage
Previous Owner $81,480 FHA
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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Map

Source: Garden State MLS

MLS Number: 3350107

Garden State MLS

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