NOT LISTED FOR SALE

641 Franklin Ave Unit 1 Nutley, NJ 07110

Estimated Value: $314,000 - $343,000

2 Beds
1 Bath
-- Sq Ft
1986 Built

Last Sold April 21, 2020

Last sale price $220,000

Est. 49% increase in value since last sale

Current estimated payment $2,297/month

16 Days on Market

Highlights

  • Views to the East
  • Property is near public transit
  • Storage
  • Nutley High School Rated A-
  • Main Floor Primary Bedroom
  • Baseboard Heating

About This Home

As of April 2020

This home is located at 641 Franklin Ave Unit 1, Nutley, NJ 07110 since 17 February 2020 and is currently estimated at $328,278. This property was built in 1986. 641 Franklin Ave Unit 1 is a home located in Essex County with nearby schools including Nutley High School, St Clare Elementary School, and Abundant Life Academy.

Last Agent to Sell the Property

Samuel Pica

LaTorraca Realty Inc. Listed on: 02/17/2020

Last Buyer's Agent

Laura Lypen-McGinley

United Real Estate

United Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,620

Year Built

  • 1986

Parking

  • Uncovered Parking

Home Design

  • Built in the 1950s
  • Condominium

Interior Spaces

  • Storage
  • Views to the East

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • $398 Maintenance Fee
  • Maintenance fee includes heat,h/w,ext.
  • Association Phone (973) 773-6262
  • Property managed by Associate Community

Listing and Financial Details

  • Assessor Parcel Number 071602001 00025 0001

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,620

Year Built

1986

Lot Details

0

Listing Details

  • Property Short: CCT
  • Sub-Style: Condo
  • Lifestyle: Close/Shopg, Close/Trans, Close/Wrshp, 1st Flr Mbdrm, One Floor Living
  • Views/Exposure: East
  • Year Built (Public Record): 1950's
  • Miscellaneous: None
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Ov/Rg/Gas, Refrigerator, Washer/Dryer
  • Fireplace: None
  • Bedrooms: 2
  • Total Bathrooms: 1.00
  • Primary Bathroom: N
  • Full Bathrooms: 1
  • Basement: Bin/Storage
  • Basement: storage area
  • Laundry: In Unit
  • Items Not Included: personal property
  • Items Included: stove,refrig.d/w,washer,dryer,3 a/c new&newer

Exterior Features

  • Waterfront: None

Garage/Parking

  • Garage: Pkg Spc Out

Utilities

  • Heating: Baseboard, Gas
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Wall A/C

Condo/Co-op/Association

  • Condo Number: 0001

Association/Amenities

  • Maintenance Charges: 398.00
  • Maintenance Included Description: heat,h/w,ext.
  • Mgmt Company: Associate Community
  • Management Phone: (973) 773-6262

Schools

  • Elementary School: Spring Garden E.S.
  • Middle School: John H Walker M.S.
  • High School: Nutley H.S.

Lot Info

  • County Name: ESSEX
  • Locale: 200
  • Lot: 00025
  • Lot Dimensions: n/a
  • Assessments: none known

Rental Info

  • Pets: None

Tax Info

  • Tax: 4620
  • Assessor Parcel Number: 071602001 00025 0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Apr 14, 2020
Sold by
Nora Frank E and Nora Denice
Bought by
Chitrakar Nilesh and Mendoza Theresa
Seller's Agent
Samuel Pica
LaTorraca Realty Inc.
Buyer's Agent
Laura Lypen-McGinley
United Real Estate
List Price
$229,922
Sold Price
$220,000
Premium/Discount to List
-$9,922
-4.32%
Total Days on Market
16
Current Estimated Value
$328,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,278
Avg. Annual Appreciation
8.13%
Original Mortgage
$154,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Mcdougall Bruce
Bought by
Frank Nora and Frank Denice Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
6.26%
Source: Public Records

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Range of Values:

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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
Chitrakar Nilesh $220,000 Acres Land Title Agency Inc
Frank Nora $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chitrakar Nilesh $182,000
Closed Chitrakar Nilesh $154,000
Previous Owner Frank Nora $162,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2020 04/21/20 Sold $220,000 -4.3% --
03/04/2020 03/04/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $229,922 -- --
Source: New Jersey 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 $5,453 $211,700 $105,000 $106,700
2023 $5,085 $211,700 $105,000 $106,700
2022 $5,085 $131,600 $65,000 $66,600
2021 $5,059 $131,600 $65,000 $66,600
2020 $4,846 $131,600 $65,000 $66,600
2019 $4,748 $131,600 $65,000 $66,600
2018 $4,620 $131,600 $65,000 $66,600
2017 $4,570 $131,600 $65,000 $66,600
2016 $4,435 $131,600 $65,000 $66,600
2015 $4,364 $131,600 $65,000 $66,600
2014 $4,309 $131,600 $65,000 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20006786

New Jersey MLS

APN: 16-02001-0000-00025-0000-C0001