NOT LISTED FOR SALE

71 Franklin Ave Fairview, NJ 07022

Estimated Value: $550,812

3 Beds
1 Bath
1,468 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $400,000 $272 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,637/month

12 Days on Market

Highlights

  • 5,001 Sq Ft lot
  • Views to the North
  • Rectangular Lot

About This Home

As of September 2022

Welcome to this lovely home located close to NYC transportation, shops and minutes to all Major highways. With hardwood floors throughout, this classic Cape features living room opening up to formal dining room. Perfect for those holiday get togethers. Den with bar, Master bedroom, full bath and eat-in-kitchen complete the first level. Second level: two additional bedrooms. Full basement with laundry. One car attached garage and vinyl siding complete the exterior of this affordable well kept home.

Last Listed By

Emilia Freitag

Keller Williams City Views Realty Listed on: 07/23/2022

Keller Williams City Views Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,353

Year Built

  • 1955

Lot Details

  • 5,001 Sq Ft Lot
  • Rectangular Lot

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Views to the North
  • Basement Fills Entire Space Under The House
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00006 / 00710

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,353

Year Built

1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: North
  • Co List Office Phone: 201-592-8900
  • MLS Status: Sold - Sold
  • Directions: On Franklin
  • Reso Fireplace Features: None
  • Year Built Details: 1950's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: No
  • Basement Remarks: Full Laundry

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 5001.0

Tax Info

  • Tax Annual Amount: 8353.0
  • Tax Block: 00710
  • Tax Lot: 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Sep 21, 2022
Sold by
Mauriello Jerome J and Mauriello Michelina
Bought by
Espinosa Paola and Nunez Steven
Seller's Agent
Emilia Freitag
Keller Williams City Views Realty
Buyer's Agent
Adriana Madeira
Redfin Corporation
List Price
$389,000
Sold Price
$400,000
Premium/Discount to List
$11,000
2.83%
Total Days on Market
12
Current Estimated Value
$550,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,812
Avg. Annual Appreciation
13.09%
Original Mortgage
$380,000
Outstanding Balance
$367,546
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$183,266

Range of Values:

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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
Espinosa Paola $400,000 Fortune Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinosa Paola $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $400,000 +2.8% $272 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/23/2022 07/23/22 For Sale $389,000 -- $265 / Sq Ft
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 $8,567 $393,500 $255,000 $138,500
2023 $8,358 $378,900 $245,000 $133,900
2022 $8,358 $359,500 $232,500 $127,000
2021 $7,647 $336,600 $215,000 $121,600
2020 $8,353 $322,900 $210,000 $112,900
2019 $8,575 $255,500 $162,500 $93,000
2018 $8,600 $255,500 $162,500 $93,000
2017 $8,329 $255,500 $162,500 $93,000
2016 $7,872 $255,500 $162,500 $93,000
2015 $7,458 $255,500 $162,500 $93,000
2014 $7,292 $255,500 $162,500 $93,000
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 22027634

New Jersey MLS

APN: 18-00710-0000-00006