NOT LISTED FOR SALE

82 Franklin Place Unit 1 Summit, NJ 07901

Estimated Value: $1,431,685 - $2,275,000

3 Beds
3.5 Baths
3,146 Sq Ft
$982/mo HOA Fee

Last Sold May 06, 2020

Last sale price $1,425,000 $453 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $13,393/month

4 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Summit
  • Great Room with Fireplace
  • L C Johnson Summit Middle School Rated A+
  • High Ceiling
  • 4-minute walk to Mabie Memorial Playground

About This Home

As of May 2020

Luxury. Lifestyle. Location....Introducing two of fourteen luxury Townhomes at The Village Courtyard, a new and exciting Condominium development located in the heart of Summit's vibrant downtown. Take in the vibe of Summit's restaurants, outdoor dining, shops, fields and community events amidst walkable tree-lined city streets, and still be just a few steps to Mid-town Direct commuter trains to New York City.Step in and savor New York City chic style that you'll find in each of these condominium, where top amenities and fine architectural details prevail throughout each exquisitely finished dwelling, a central park like courtyard with gazebo and sitting areas, guest onsite parking, and much more.....

Last Agent to Sell the Property

MARTHA MCDONNELL

PROMINENT PROPERTIES SIR Listed on: 12/07/2019

Last Buyer's Agent

MARTHA MCDONNELL

PROMINENT PROPERTIES SIR Listed on: 12/07/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,789

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Sprinkler System

HOA Fees

  • $982 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Inside Entrance
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Tile

Interior Spaces

  • 3,146 Sq Ft Home
  • High Ceiling
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Home Security

Outdoor Features

  • Gazebo
  • Pergola
  • Porch

Schools

  • Lincoln-Hubbard Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 2918-03401-0000-00004-0001-C0008
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,789

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$982 per month

Parking

2

Listing Details

  • Style: Multi Floor Unit, Townhouse-End Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2019
  • Year Built Description: Under Construction
  • County Name: Union
  • Exclusions: no exclusions
  • Street Number Display: 82
  • Directions: Summit Avenue to Franklin Place
  • I D: 4934045
  • Modified: 2021-09-23
  • Number Images: 12
  • Section Subdiv Development: The Village Courtyard
  • First Name: MARTHA
  • First Name3: MARTHA
  • Last Name: MCDONNELL
  • Last Name3: MCDONNELL
  • Office Phone: 973-301-0307
  • Office Phone3: 973-301-0307
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, OvnWGas
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Fire Alarm Sys, Fire Extinguisher, High Ceilings, StallTub, TubShowr, Walk-In Closet
  • Number Rooms: 8
  • Bedrooms: 3
  • Master Bedroom Desc: Dressing Room, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: Ground
  • Kitchen Area: Center Island
  • Kitchen Dim: 9x15
  • Living Room Dim: 13x17
  • Living Room Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 23x14
  • Other Room1 Level: First
  • Level 1 Rooms: Dining Room, Great Room, Kitchen, LivDinRm, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 3146
  • Ground Level Rooms: Bath(s) Other, Den, GarEnter, Storage Room, Utility Room, Walkout
  • Phone: 908-277-1398

Exterior Features

  • Exterior Description: ConcBrd
  • Exterior Features: Gazebo, Open Porch(es), Pergola, Sidewalk, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop, Driveway-Shared

Utilities

  • Cooling: 1 Unit, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Gas-Natural
  • Water: Public Water, Water Charge Extra

Condo/Co-op/Association

  • Association Maintenance Fee: 982
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: Lincoln-Hubbard
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Easement: Unknown
  • Lot Identifier: 4.1
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 1200
  • Pets Allowed: CatsOK, DogsOK

Tax Info

  • Tax Acres: *
  • Street Number Tax: *
  • Assessor Parcel Number: 2918-03401-0000-00004-0001-C0008
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year: 2019

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2019
Closed on
Mar 13, 2020
Sold by
68 72 Franklin Place Llc
Bought by
Victoria Arlene W and Victoria Justin R
Seller's Agent
MARTHA MCDONNELL
PROMINENT PROPERTIES SIR
Buyer's Agent
MARTHA MCDONNELL
PROMINENT PROPERTIES SIR
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$1,858,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,171
Avg. Annual Appreciation
7.02%
Source: Public Records

Range of Values:

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Average Value
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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
Victoria Arlene W $1,425,000 Simplicity Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2020 05/06/20 Sold $1,425,000 0.0% $453 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
12/07/2019 12/07/19 For Sale $1,425,000 -- $453 / 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
2024 $25,789 $596,000 $119,300 $476,700
2023 $25,789 $596,000 $119,300 $476,700
2022 $25,527 $596,000 $119,300 $476,700
2021 $25,729 $596,000 $119,300 $476,700
2020 $5,637 $129,300 $119,300 $10,000
2019 $5,644 $129,300 $119,300 $10,000
2018 $5,608 $129,300 $119,300 $10,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MARTHA MCDONNELL

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3604509

Garden State MLS

APN: 18 03401-0000-00004- 01-C0001

New Jersey Union County Summit 07901

82 Franklin Place Unit 1, Summit, NJ

This home is located at 82 Franklin Place Unit 1, Summit, NJ 07901 since 07 December 2019 and is currently estimated at $1,858,171, approximately $590 per square foot. This property was built in 2019. 82 Franklin Place Unit 1 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.

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