NOT LISTED FOR SALE

82 Franklin Place Unit 8 Summit, NJ 07901

Estimated Value: $1,479,258 - $1,995,000

3 Beds
3.5 Baths
3,056 Sq Ft
$578/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $1,350,000 $442 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,787/month

236 Days on Market

Highlights

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

About This Home

As of March 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 ju seest 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: 04/28/2019

Last Buyer's Agent

PAMELA KALMUS

THE AGENCY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,607

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Sprinkler System

HOA Fees

  • $954 Monthly HOA Fees

Parking

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

Home Design

  • Tile

Interior Spaces

  • 3,056 Sq Ft Home
  • High Ceiling
  • Great Room with Fireplace
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

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

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

  • 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
  • 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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,607

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$954 per month

Parking

2

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • 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 UNIT #8
  • I D: 4892145
  • Modified: 2021-09-23
  • Number Images: 23
  • Section Subdiv Development: The Village Courtyard
  • First Name: MARTHA
  • First Name3: PAMELA
  • Last Name: MCDONNELL
  • Last Name3: KALMUS
  • Office Phone: 973-301-0307
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: 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
  • Den Level: Ground
  • Kitchen Area: Center Island
  • Kitchen Dim: 11x14
  • Living Room Dim: 13x16
  • Living Room Level: First
  • Other Room 1: Great Room
  • Other Room1 Dim: 23x13
  • Other Room1 Level: First
  • Level 1 Rooms: Great Room, Kitchen, LivDinRm, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 3056
  • Ground Level Rooms: Bath(s) Other, Den, GarEnter
  • 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: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

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: 954
  • 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

  • Assessed Improvement Value: 10000
  • Assessed Land Value: 119300
  • Assessment: 129300
  • 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: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 5607
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-03401-0000-00004-0001-C0008
  • Tax Rate Amount: 4.337
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: Lincoln-Hubbard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2019
Closed on
Mar 19, 2020
Sold by
68 72 Franklin Place Llc
Bought by
Bzura Justin and Bzura Brittany
Seller's Agent
MARTHA MCDONNELL
PROMINENT PROPERTIES SIR
Buyer's Agent
PAMELA KALMUS
THE AGENCY
List Price
$1,695,000
Sold Price
$1,350,000
Premium/Discount to List
-$345,000
-20.35%
Current Estimated Value
$1,765,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,086
Avg. Annual Appreciation
4.40%
Original Mortgage
$1,080,000
Outstanding Balance
$946,638
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$750,601
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
Bzura Justin $1,350,000 Simplicity Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bzura Justin $1,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $1,350,000 -5.3% $442 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
10/05/2019 10/05/19 Price Changed $1,425,000 -8.0% $466 / Sq Ft
07/02/2019 07/02/19 Price Changed $1,549,000 -8.6% $507 / Sq Ft
04/28/2019 04/28/19 For Sale $1,695,000 -- $555 / 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 $25,006 $577,900 $119,300 $458,600
2023 $25,006 $577,900 $119,300 $458,600
2022 $24,751 $577,900 $119,300 $458,600
2021 $24,948 $577,900 $119,300 $458,600
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

  • P

    Buyer's Agent in 2020

    PAMELA KALMUS

    THE AGENCY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3551636

Garden State MLS

APN: 18 03401-0000-00004- 01-C0008

New Jersey Union County Summit 07901

82 Franklin Place Unit 8, Summit, NJ

This home is located at 82 Franklin Place Unit 8, Summit, NJ 07901 since 28 April 2019 and is currently estimated at $1,765,086, approximately $577 per square foot. This property was built in 2019. 82 Franklin Place Unit 8 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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