NOT LISTED FOR SALE

82 Franklin Place Unit 11 Summit, NJ 07901

Estimated Value: $1,044,000 - $1,985,000

2 Beds
2.5 Baths
2,131 Sq Ft
$665/mo HOA Fee

Last Sold December 30, 2020

Last sale price $920,000 $432 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $9,425/month

402 Days on Market

Highlights

  • Deck
  • 2-minute walk to Summit
  • Home Office
  • L C Johnson Summit Middle School Rated A+
  • Wood Flooring
  • 4-minute walk to Mabie Memorial Playground

About This Home

As of December 2020

Luxury. Lifestyle. Location.... One of fourteen homes 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 parklike 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: 10/05/2019

Last Buyer's Agent

Christian Schaefers

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,311

Year Built

  • Built in 2018

Lot Details

  • Sprinkler System

HOA Fees

  • $665 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Private Driveway
  • Parking Lot
  • Assigned Parking

Home Design

  • Tile

Interior Spaces

  • 2,131 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Deck
  • 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
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2918-03401-0000-00004-0001-C0011

Community Details

Overview

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,311

Year Built

Built in 2018

Lot Details

0

HOA Fees

$665 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit, Duplex
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2018
  • Year Built Description: Standing
  • County Name: Union
  • Directions: Summit Avenue to Franklin Place
  • I D: 4928764
  • Section Subdiv Development: The Village Courtyard
  • First Name: MARTHA
  • First Name3: CHRISTIAN
  • Last Name: MCDONNELL
  • Last Name3: SCHAEFERS
  • Office Phone: 973-301-0307
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Disposal, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Fire Alarm Sys, Fire Extinguisher, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Third
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Center Island
  • Kitchen Dim: 13x14
  • Kitchen Level: Second
  • Living Room Dim: 15x16
  • Living Room Level: Second
  • Other Room 1: Office
  • Other Room1 Dim: 16x12
  • Other Room1 Level: Third
  • Other Room 2: Laundry Room
  • Other Room2 Dim: 11x6
  • Other Room2 Level: Second
  • Level 2 Rooms: 1 Bedroom, Bath Main, Dining Room, InsdEntr, Kitchen, Laundry Room, Living Room, Porch, Powder Room
  • Level 3 Rooms: 1 Bedroom, Bath Main, InsdEntr, Office, Porch
  • Estimated Sq Ft: 2131
  • Phone: 908-277-1398

Exterior Features

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

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned, Blacktop, Driveway-Exclusive, Parking Lot-Exclusive

Utilities

  • Cooling: 1 Unit, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: Electric, Gas-Natural
  • Water: Public Water, Water Charge Extra
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 665
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection
  • Home Warranty: Yes

Fee Information

  • Other Fee Freqency: One Time

Schools

  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: CatsOK, DogsOK, Yes

Tax Info

  • Street Number Tax: *
  • Assessor Parcel Number: 2918-03401-0000-00004-0001-C0011
  • Tax Rate Amount: 4.365
  • Tax Rate Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Dec 23, 2020
Sold by
68 72 Franklin Place Llc
Bought by
Batra Abhinav and Gujarathi Disha
Seller's Agent
MARTHA MCDONNELL
PROMINENT PROPERTIES SIR
Buyer's Agent
Christian Schaefers
COMPASS NEW JERSEY LLC
List Price
$999,000
Sold Price
$920,000
Premium/Discount to List
-$79,000
-7.91%
Current Estimated Value
$1,388,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,241
Avg. Annual Appreciation
8.78%
Original Mortgage
$690,000
Interest Rate
2.65%
Mortgage Type
New Conventional
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
Batra Abhinav $920,000 Signature Setmnt & Ttl Agcy
Batra Abhinav $920,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Batra Abhinav $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $920,000 -7.9% $432 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/05/2019 10/05/19 For Sale $999,000 -- $469 / 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 $17,311 $397,400 $119,300 $278,100
2024 $17,196 $397,400 $119,300 $278,100
2023 $17,196 $397,400 $119,300 $278,100
2022 $17,021 $397,400 $119,300 $278,100
2021 $17,156 $397,400 $119,300 $278,100
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

  • Christian Schaefers

    Buyer's Agent in 2020

    Christian Schaefers

    COMPASS NEW JERSEY LLC

    (973) 997-5605

    1 in this area

    26 Total Sales

    Christian Schaefers
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3592736

Garden State MLS

APN: 18 03401-0000-00004- 01-C0011

New Jersey Union County Summit 07901

82 Franklin Place Unit 11, Summit, NJ

Not Listed for Sale

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