NOT LISTED FOR SALE

56 Constitution Way Unit G4 Franklin, NJ 07416

Estimated Value: $262,000 - $305,000

2 Beds
2.5 Baths
1,100 Sq Ft
$258/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $90,000 $82 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,329/month

177 Days on Market

Highlights

  • Deck
  • Living Room
  • Forced Air Heating System
  • Eat-In Kitchen

About This Home

As of December 2016

2BR TOWNHOME IN DESIRABLE FRANKLIN MEADOWS. CONVENIENT LOCATION CLOSE TO SHOPPING, SCHOOLS AND RT 23. HOME FEATURES NICE DECK IN REAR TO ENJOY THE OUTDOORS. THIS IS A FANNIE MAE HOMEPATH PROPERTY. BUYER RESPONSIBLE FOR CO AND ALL INSPECTIONS.

Last Listed By

CHRISTIAN VEGA

REALTY EXECUTIVES EXCEPTIONAL Listed on: 04/27/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,007

Year Built

  • Built in 1986

Lot Details

  • 436

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Powder Room

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Standard Electricity

Additional Features

  • Deck
  • 436 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2806-01101-0000-00036-0000-C0425
  • Tax Block *

Community Details

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

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: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • County Name: Sussex
  • Street Number Display: 56
  • Directions: Rt 23 to Mitchell to Franklin Meadows right on Constitution Way
  • I D: 4620767
  • Modified: 2021-09-23
  • Number Images: 10
  • First Name: CHRISTIAN
  • First Name3: DUFFY
  • Last Name: VEGA
  • Last Name3: BRENNAN
  • Office Phone: 973-575-6700
  • Office Phone3: 973-726-3924
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 12x11
  • Kitchen Level: First
  • Living Room Dim: 16x15
  • Living Room Level: First
  • Level 1 Rooms: Kitchen, Powder Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Bath Main
  • Phone: 973-729-7141

Exterior Features

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

Garage/Parking

  • Parking Driveway Description: Assigned, Blacktop, Common

Utilities

  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric
  • 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: 36
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.01

Rental Info

  • Application Fee: 500
  • 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: 2806-01101-0000-00036-0000-C0425
  • 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
Apr 27, 2016
Closed on
Nov 30, 2016
Sold by
Fannie Mae
Bought by
Sullivan Walter J
Seller's Agent
CHRISTIAN VEGA
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
Duffy Brennan
WEICHERT REALTORS
List Price
$123,000
Sold Price
$90,000
Premium/Discount to List
-$33,000
-26.83%
Total Days on Market
177
Current Estimated Value
$283,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,784
Avg. Annual Appreciation
14.40%

Purchase Details

Closed on
Dec 14, 2015
Sold by
George Kathryn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 15, 2003
Sold by
Larsen Keith and Larsen Larissa A
Bought by
George Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 7, 2003
Sold by
Larsen Keith
Bought by
Larsen Keith and Larsen Larissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,700
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 1998
Sold by
Gailer Marie
Bought by
Larsen Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
6.84%

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 Buyer Sale Price Title Company
Sullivan Walter J -- None Available
Federal National Mortgage Association -- Attorney
George Kathryn $177,000 --
Larsen Keith -- Lawyers Title Insurance Corp
Larsen Keith $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Walter J $59,000
Previous Owner George Kathryn $59,000
Previous Owner George Kathryn $25,000
Previous Owner George Kathryn $100,000
Previous Owner Larsen Keith $114,700
Previous Owner Larsen Keith $77,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $90,000 -26.8% $82 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $123,000 -- $112 / 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

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Source: Garden State MLS

MLS Number: 3301590

Garden State MLS

APN: 06 01101-0000-00036-0000-C0425