7 Franklin Ave Montclair, NJ 07042
Estimated Value: $616,000 - $850,000
3
Beds
3
Baths
1,556
Sq Ft
$471/Sq Ft
Est. Value
About This Home
This home is located at 7 Franklin Ave, Montclair, NJ 07042 and is currently estimated at $732,858, approximately $470 per square foot. 7 Franklin Ave is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2025
Sold by
Warren Harrison L and Warren Shameekoa L
Bought by
Jf Montclair Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,700
Outstanding Balance
$541,774
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$120,365
Purchase Details
Closed on
Feb 12, 2010
Sold by
Gatling George and Gatling Darryl
Bought by
Warren Harrison L and Warren Shameekqa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,887
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 6, 1990
Sold by
Gatling Annie M
Bought by
Gatling Annie M and Hill Earl
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Jf Montclair Llc | $500,000 | None Listed On Document | |
Warren Harrison L | $190,000 | New Jersey Title Ins Co | |
Gatling Annie M | $100 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Jf Montclair Llc | $542,700 | |
Previous Owner | Warren Harrison L | $24,000 | |
Previous Owner | Warren Harrison L | $167,887 | |
Previous Owner | Warren Harrison | $30,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,499 | $340,200 | $175,000 | $165,200 |
2024 | $11,499 | $340,200 | $175,000 | $165,200 |
2022 | $11,186 | $340,200 | $175,000 | $165,200 |
2021 | $10,992 | $340,200 | $175,000 | $165,200 |
2020 | $10,815 | $340,200 | $175,000 | $165,200 |
2019 | $10,703 | $340,200 | $175,000 | $165,200 |
2018 | $10,526 | $340,200 | $175,000 | $165,200 |
2017 | $10,052 | $269,200 | $104,900 | $164,300 |
2016 | $9,783 | $269,200 | $104,900 | $164,300 |
2015 | $9,492 | $269,200 | $104,900 | $164,300 |
2014 | $9,174 | $269,200 | $104,900 | $164,300 |
Source: Public Records
Map
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