NOT LISTED FOR SALE

57 Franklin Place Montclair, NJ 07042

Montclair South End Neighborhood

Estimated Value: $1,067,000 - $1,407,000

4 Beds
3 Baths
2,169 Sq Ft
$553/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $1,100,000 $507 Per Sq Ft

Current estimated payment $7,420/month

8 Days on Market

About This Home

As of June 2024

This home is located at 57 Franklin Place, Montclair, NJ 07042 since 08 May 2024 and is currently estimated at $1,199,093, approximately $552 per square foot. This property was built in 1923. 57 Franklin Place is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

Last Agent to Sell the Property

Karin Diana-Toder

COMPASS NEW JERSEY LLC Brokerage Phone: 973-310-7360 Listed on: 05/08/2024

COMPASS NEW JERSEY LLC

Last Buyer's Agent

ANIL NANKANI

CORCORAN INFINITY PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,609

Year Built

  • Built in 1923

Lot Details

  • 8,059

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,609

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • County Name: Essex
  • Street Number Display: 57
  • I D: 5286508
  • Modified: 2025-06-22
  • Number Images: 1
  • Attribution Contact: 973-310-7360
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 60X130 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 18, 2024
Sold by
Clark John Edward and Clark John Jeffrey
Bought by
Ganatra Shyam and Sodhi Neha
Seller's Agent
Karin Diana-Toder
COMPASS NEW JERSEY LLC
Buyer's Agent
ANIL NANKANI
CORCORAN INFINITY PROPERTIES
List Price
$799,000
Sold Price
$1,100,000
Premium/Discount to List
$301,000
37.67%
Views
49
Current Estimated Value
$1,102,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,457
Avg. Annual Appreciation
7.86%
Original Mortgage
$880,000
Outstanding Balance
$870,194
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$328,899

Purchase Details

Closed on
Oct 13, 2016
Sold by
Petersen Darren C and Petersen Ann C
Bought by
Clark John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
3.47%

Purchase Details

Closed on
Aug 17, 2009
Sold by
Williams Valerie S and Roberts Lori M
Bought by
Petersen Darren C and Petersen Ann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2000
Sold by
Hill Malaney
Bought by
Williams Valerie and Roberts Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
8.13%

Purchase Details

Closed on
Apr 6, 2000
Sold by
Tucker Dorothy
Bought by
Hill Malaney
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 Buyer Sale Price Title Company
Ganatra Shyam $1,100,000 Berkshire Title
Clark John E $610,000 None Available
Petersen Darren C $529,000 None Available
Williams Valerie $366,000 --
Hill Malaney $235,000 --
Hill Malaney $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganatra Shyam $880,000
Previous Owner Clark John E $300,000
Previous Owner Clark John E $476,000
Previous Owner Petersen Darren C $267,062
Previous Owner Petersen Darren C $417,000
Previous Owner Williams Valerie S $410,000
Previous Owner Roberts Lori M $150,000
Previous Owner Williams Valerie $292,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $1,100,000 +37.7% $507 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $799,000 -- $368 / 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
2025 $16,609 $531,900 $189,600 $342,300
2024 $16,609 $491,400 $189,600 $301,800
2023 $16,157 $491,400 $189,600 $301,800
2022 $16,157 $491,400 $189,600 $301,800
2021 $15,877 $491,400 $189,600 $301,800
2020 $15,622 $491,400 $189,600 $301,800
2019 $15,459 $491,400 $189,600 $301,800
2018 $15,204 $491,400 $189,600 $301,800
2017 $13,323 $356,800 $116,800 $240,000
2016 $12,966 $356,800 $116,800 $240,000
2015 $12,581 $356,800 $116,800 $240,000
2014 $12,160 $356,800 $116,800 $240,000
Source: Public Records

Agents Affiliated with this Home

  • Karin Diana-Toder

    Seller's Agent in 2024

    Karin Diana-Toder

    COMPASS NEW JERSEY LLC

    (973) 454-5162

    4 in this area

    141 Total Sales

    Section Image

  • A

    Buyer's Agent in 2024

    ANIL NANKANI

    CORCORAN INFINITY PROPERTIES

See All Agents

Map

Source: Garden State MLS

MLS Number: 3900635

Garden State MLS

APN: 13-04008-0000-00061

New Jersey Essex County Montclair 07042 Montclair South End

57 Franklin Place, Montclair, NJ

This home is located at 57 Franklin Place, Montclair, NJ 07042 since 08 May 2024 and is currently estimated at $1,199,093, approximately $552 per square foot. This property was built in 1923. 57 Franklin Place is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

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