7 Franklin Terrace South Orange, NJ 07079
Estimated Value: $1,026,701 - $1,227,000
--
Bed
--
Bath
2,248
Sq Ft
$498/Sq Ft
Est. Value
About This Home
This home is located at 7 Franklin Terrace, South Orange, NJ 07079 and is currently estimated at $1,119,175, approximately $497 per square foot. 7 Franklin Terrace is a home located in Essex County with nearby schools including South Mountain Elementary School, South Orange Middle School, and Columbia Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 23, 2015
Sold by
Jackson Ernest J and Jackson Ernest
Bought by
Jackson Monica
Current Estimated Value
Purchase Details
Closed on
Mar 27, 2002
Sold by
Jarrett David
Bought by
Stetson Christopher and Stetson Xiaoyun Wang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
7.13%
Purchase Details
Closed on
Oct 31, 1997
Sold by
Ward Norward
Bought by
Evans Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.31%
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 |
|---|---|---|---|
| Jackson Monica | -- | None Listed On Document | |
| Stetson Christopher | $411,000 | -- | |
| Evans Pamela | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stetson Christopher | $261,000 | |
| Previous Owner | Evans Pamela | $209,000 |
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 | $21,244 | $839,400 | $473,000 | $366,400 |
| 2024 | $21,244 | $839,400 | $473,000 | $366,400 |
| 2022 | $20,484 | $584,100 | $319,600 | $264,500 |
| 2021 | $19,772 | $584,100 | $319,600 | $264,500 |
| 2020 | $19,158 | $584,100 | $319,600 | $264,500 |
| 2019 | $18,680 | $584,100 | $319,600 | $264,500 |
| 2018 | $18,399 | $584,100 | $319,600 | $264,500 |
| 2017 | $17,944 | $584,100 | $319,600 | $264,500 |
| 2016 | $15,289 | $399,400 | $158,200 | $241,200 |
| 2015 | $14,934 | $399,400 | $158,200 | $241,200 |
| 2014 | $14,622 | $399,400 | $158,200 | $241,200 |
Source: Public Records
Map
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