1 Franklin Terrace

Local assessors in Clark, NJ have categorized 1 Franklin Terrace as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 7,200 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 720 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1 Franklin Terrace has a total of 2,345 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1 Franklin Terrace was last sold in Aug 27, 2014 for $270,000. According to our calculations, that's $115.14 per sqft. Prior to that sales transaction, the property was sold for $170,000 in Apr 28, 1998. Current property owners are expected to pay $13,564 in taxes per year. The property on 1 Franklin Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $621,900. To break that down further, the land itself was valued at $250,000. While improvements to the property were assessed at a total of $371,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.