NOT LISTED FOR SALE

56 Franklin Place Unit 1 Summit, NJ 07901

Estimated Value: $1,246,731 - $1,559,000

2 Beds
2 Baths
3,341 Sq Ft
$416/Sq Ft Est. Value

About This Home

This home is located at 56 Franklin Place Unit 1, Summit, NJ 07901 and is currently estimated at $1,388,933, approximately $415 per square foot. 56 Franklin Place Unit 1 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
Grabko John and Erday Barbara
Bought by
Timbar Associates #56 Llc
Current Estimated Value
$1,388,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
7.37%

Purchase Details

Closed on
Nov 1, 1994
Sold by
Grabko Walter
Bought by
Grabko John and Erday Barbara
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 #56 Llc $302,500 Chicago Title Insurance Co
Grabko John $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timbar Associates #56 Llc $415,000
Closed Timbar Associates #56 Llc $259,000
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 $15,279 $353,100 $128,200 $224,900
2023 $15,279 $353,100 $128,200 $224,900
2022 $15,123 $353,100 $128,200 $224,900
2021 $15,243 $353,100 $128,200 $224,900
2020 $15,395 $353,100 $128,200 $224,900
2019 $15,413 $353,100 $128,200 $224,900
2018 $15,314 $353,100 $128,200 $224,900
2017 $15,413 $353,100 $128,200 $224,900
2016 $15,187 $353,100 $128,200 $224,900
2015 $14,890 $353,100 $128,200 $224,900
2014 $14,505 $353,100 $128,200 $224,900
Source: Public Records

Map

New Jersey Union County Summit 07901

56 Franklin Place Unit 1, Summit, NJ

This home is located at 56 Franklin Place Unit 1, Summit, NJ 07901 and is currently estimated at $1,388,933, approximately $415 per square foot. 56 Franklin Place Unit 1 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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