NOT LISTED FOR SALE

8 Franklin Terrace South Orange, NJ 07079

Estimated Value: $1,194,000 - $1,297,000

3 Beds
3 Baths
1,736 Sq Ft
$710/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $660,000 $380 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,342/month

About This Home

As of June 2015

This home is located at 8 Franklin Terrace, South Orange, NJ 07079 since 15 June 2015 and is currently estimated at $1,232,000, approximately $709 per square foot. 8 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.

Last Agent to Sell the Property

Robert Northfield

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 973-762-5400 Listed on: 06/15/2015

KELLER WILLIAMS MID-TOWN DIRECT

Last Buyer's Agent

Fran Kurtis

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,186

Lot Details

  • 0.26 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,186

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 4520981
  • Attribution Contact: 973-762-5400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.20

Lot Info

  • Lot Size: .260 AC
  • Total Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jun 3, 2015
Sold by
Markenson Zev and Markenson Idie
Bought by
Niles Benjamin and Niles Karen
Seller's Agent
Robert Northfield
KELLER WILLIAMS MID-TOWN DIRECT
Buyer's Agent
Fran Kurtis
COLDWELL BANKER REALTY
Sold Price
$660,000
Current Estimated Value
$1,232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,000
Avg. Annual Appreciation
6.16%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Grubach Edward
Bought by
Markenson Zev and Markenson Ridie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2001
Sold by
Schwartz Jeffrey
Bought by
Grubach Edward M and Macleod Donald T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Niles Benjamin $660,000 --
Markenson Zev $616,000 --
Grubach Edward M $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markenson Zev $300,000
Previous Owner Grubach Edward M $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2015 06/15/15 Sold $660,000 -- $380 / 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 $22,186 $1,009,700 $495,200 $514,500
2024 $22,186 $1,009,700 $495,200 $514,500
2022 $20,649 $610,000 $337,600 $272,400
2021 $20,649 $610,000 $337,600 $272,400
2020 $20,008 $610,000 $337,600 $272,400
2019 $19,508 $610,000 $337,600 $272,400
2018 $19,215 $610,000 $337,600 $272,400
2017 $18,739 $610,000 $337,600 $272,400
2016 $14,286 $373,200 $178,000 $195,200
2015 $13,954 $373,200 $178,000 $195,200
2014 $13,663 $373,200 $178,000 $195,200
Source: Public Records

Agents Affiliated with this Home

  • Robert Northfield

    Seller's Agent in 2015

    Robert Northfield

    KELLER WILLIAMS MID-TOWN DIRECT

    (973) 489-3417

    75 in this area

    295 Total Sales

    Robert Northfield
    Section Image
  • Fran Kurtis

    Buyer's Agent in 2015

    Fran Kurtis

    COLDWELL BANKER REALTY

    (201) 704-3434

    3 in this area

    20 Total Sales

    Fran Kurtis
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3211064

Garden State MLS

APN: 19-00307-0000-00004

New Jersey Essex County South Orange 07052

8 Franklin Terrace, South Orange, NJ

Not Listed for Sale

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