8 Franklin Place Summit, NJ 07901
Estimated Value: $1,032,000 - $1,820,000
4
Beds
5
Baths
2,860
Sq Ft
$543/Sq Ft
Est. Value
About This Home
This home is located at 8 Franklin Place, Summit, NJ 07901 and is currently estimated at $1,554,115, approximately $543 per square foot. 8 Franklin Place is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2021
Sold by
Dow Mark S
Bought by
40 Cottage Street Llc and Gail Warning Llc
Current Estimated Value
Purchase Details
Closed on
Mar 26, 1998
Sold by
Chapman Richard H and Chapman Anne W
Bought by
Dow Mark S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
5.62%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 40 Cottage Street Llc | $1,125,000 | Cortes & Hay Title Agcy Inc | |
| Dow Mark S | $552,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dow Mark S | $442,000 |
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 | $16,971 | $389,600 | $348,800 | $40,800 |
| 2024 | $16,858 | $389,600 | $348,800 | $40,800 |
| 2023 | $16,858 | $389,600 | $348,800 | $40,800 |
| 2022 | $16,687 | $389,600 | $348,800 | $40,800 |
| 2021 | $15,956 | $369,600 | $348,800 | $20,800 |
| 2020 | $16,115 | $369,600 | $348,800 | $20,800 |
| 2019 | $16,133 | $369,600 | $348,800 | $20,800 |
| 2018 | $16,030 | $369,600 | $348,800 | $20,800 |
| 2017 | $16,133 | $369,600 | $348,800 | $20,800 |
| 2016 | $15,897 | $369,600 | $348,800 | $20,800 |
| 2015 | $15,586 | $369,600 | $348,800 | $20,800 |
| 2014 | $15,183 | $369,600 | $348,800 | $20,800 |
Source: Public Records
Map
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