$579,000
SOLD JUN 3, 2025

7 Franklin Place East Rutherford, NJ 07073

3 Beds
3 Baths
1,512 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$383 Per Sq Ft

11% Below List Price

89 Days on Market

About This Home

As of June 2025

This home is located at 7 Franklin Place, East Rutherford, NJ 07073 and is currently priced at $579,000, approximately $382 per square foot. This property was built in 1989. 7 Franklin Place is a home located in Bergen County with nearby schools including Mckenzie School, Alfred Faust School, and Henry P Becton Regional High School.

Last Agent to Sell the Property

Mary Fourte

FOURTE INTERNATIONAL Brokerage Phone: 973-380-0580 Listed on: 01/23/2025

Co-Listed By

Michael Fourte

FOURTE INTERNATIONAL Brokerage Phone: 973-380-0580

Last Buyer's Agent

Marcos Claudius

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,089

Year Built

  • Built in 1989

Lot Details

  • 2,614 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,089

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • County Name: Bergen
  • I D: 5334436
  • Attribution Contact: 973-380-0580
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Jun 2, 2025
Sold by
Richards Randall and Richards Michael R
Bought by
Amin Hany and Saleh Shahera
Seller's Agent
Mary Fourte
FOURTE INTERNATIONAL
Buyer's Agent
Marcos Claudius
KELLER WILLIAMS - NJ METRO GROUP
List Price
$650,000
Sold Price
$579,000
Premium/Discount to List
-$71,000
-10.92%
Views
116
Current Estimated Value
$595,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,126
Avg. Annual Appreciation
6.02%
Original Mortgage
$521,100
Outstanding Balance
$519,762
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$75,364

Purchase Details

Closed on
Dec 16, 1998
Sold by
Blumenfeld Michael and Blumenfeld Lori
Bought by
Richards Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Executors Deed $579,000 Bespoke Title
Executors Deed $579,000 Bespoke Title
Bargain Sale Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $521,100 New Conventional
Closed $521,100 New Conventional
Previous Owner $144,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2025 06/03/25 Sold $579,000 -3.3% $383 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/05/2025 04/05/25 Price Changed $599,000 -7.8% $396 / Sq Ft
03/03/2025 03/03/25 For Sale $650,000 0.0% $430 / Sq Ft
02/01/2025 02/01/25 Off Market $650,000 -- --
01/23/2025 01/23/25 For Sale $650,000 -- $430 / 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 $8,089 $521,000 $278,900 $242,100
2024 $7,799 $499,000 $266,800 $232,200
2023 $7,412 $480,500 $254,600 $225,900
2022 $7,277 $415,600 $232,800 $182,800
2021 $6,938 $386,100 $208,600 $177,500
2020 $6,876 $378,000 $203,700 $174,300
2019 $6,947 $379,200 $200,000 $179,200
2018 $5,951 $334,700 $170,200 $164,500
2017 $6,139 $296,000 $150,000 $146,000
2016 $5,757 $296,000 $150,000 $146,000
2015 $5,822 $296,000 $150,000 $146,000
2014 $5,636 $296,000 $150,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3942862

Garden State MLS

APN: 12-00022-0000-00005