NOT LISTED FOR SALE

577 Route 23 Franklin Boro, NJ 07416

Estimated Value: $232,000 - $1,039,947

10.83 Acres
$58,723 Price per Acre
471,755 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $180,000

Est. 253% increase in value since last sale

Current estimated payment $3,668/month

281 Days on Market

About This Lot

As of June 2024

This home is located at 577 Route 23, Franklin Boro, NJ 07416 since 11 September 2023 and is currently estimated at $635,974. 577 Route 23 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 Agent to Sell the Property

NICHOLAS P JUBA

JUBA TEAM REALTY Brokerage Phone: 973-874-0800 Listed on: 09/11/2023

Co-Listed By

JUSTIN JUBA

JUBA TEAM REALTY Brokerage Phone: 973-874-0800

Last Buyer's Agent

NICHOLAS P JUBA

JUBA TEAM REALTY Brokerage Phone: 973-874-0800 Listed on: 09/11/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,981

Lot Details

  • 10.83 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$3,981

Lot Details

0

Listing Details

  • County Name: Sussex
  • I D: 5244175
  • Attribution Contact: 973-874-0800
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Size: 10.828 AC
  • Total Acres: 10.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Jun 28, 2024
Sold by
Falcon Route 23 Llc
Bought by
Lucky Green Force Llc
Seller's Agent
NICHOLAS P JUBA
JUBA TEAM REALTY
Buyer's Agent
NICHOLAS P JUBA
JUBA TEAM REALTY
List Price
$250,000
Sold Price
$180,000
Premium/Discount to List
-$70,000
-28%
Views
62
Current Estimated Value
$635,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,974
Avg. Annual Appreciation
144.78%
Original Mortgage
$60,000
Outstanding Balance
$36,504
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Estimated Equity
$599,470

Purchase Details

Closed on
Dec 31, 2020
Sold by
Empire Tf7 Jersey Holdings Llc
Bought by
Falcon Route 23 Llc

Purchase Details

Closed on
Feb 1, 2020
Sold by
Zhang Hongyue and Mtag Cust For Empire Vii
Bought by
Empire Tf7 Jersey Holdings Llc

Purchase Details

Closed on
Sep 18, 2017
Sold by
Empire Tf4 Jersey Holdings Llc
Bought by
Zhang Hongyue

Purchase Details

Closed on
Jul 27, 2009
Sold by
Franklin Shopping Center Llc
Bought by
Franklin Shopping Plaza Llc

Purchase Details

Closed on
Mar 26, 2008
Sold by
Franklin Affordable Housing 23 Llc
Bought by
Franklin Shopping Center Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Lucky Green Force Llc $180,000 American Land Title
Lucky Green Force Llc $180,000 American Land Title
Falcon Route 23 Llc $65,000 None Listed On Document
Empire Tf7 Jersey Holdings Llc $6,027 None Available
Empire Tf7 Jersey Holdings Llc $68,910 None Listed On Document
Zhang Hongyue $100 None Available
Franklin Shopping Plaza Llc -- None Available
Franklin Shopping Center Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucky Green Force Llc $60,000
Closed Lucky Green Force Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $180,000 -28.0% --
06/18/2024 06/18/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $250,000 0.0% --
12/10/2023 12/10/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $250,000 -- --
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 $3,981 $150,000 $150,000 --
2024 $6,893 $150,000 $150,000 $0
2023 $6,893 $250,000 $250,000 $0
2022 $6,339 $150,000 $150,000 $0
2021 $6,156 $150,000 $150,000 $0
2020 $16,616 $418,000 $418,000 $0
2019 $15,863 $418,000 $418,000 $0
2018 $15,596 $418,000 $418,000 $0
2017 $15,215 $418,000 $418,000 $0
2016 $14,885 $418,000 $418,000 $0
2015 $14,931 $418,000 $418,000 $0
2014 $14,551 $418,000 $418,000 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    NICHOLAS P JUBA

    JUBA TEAM REALTY

  • J

    Seller Co-Listing Agent in 2024

    JUSTIN JUBA

    JUBA TEAM REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3864087

Garden State MLS

APN: 06-00102-0000-00002-01

New Jersey Sussex County Franklin 07416

577 Route 23, Franklin, NJ

Not Listed for Sale

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