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14 Franklin Court

14 Franklin Court, Montville, NJ 07045
Property in Morris
Sold Nov 12, 2021
$467,500
$374,000 by United Wholesale Mortgage
Mortgage Due Sep 01, 2051
Sold Jan 30, 2015
$425,000
$318,000 by Everbank.com
Mortgage Due Feb 01, 2045
14 Franklin Court in Montville, NJ was first built in 1992 and is 32 years old. This has been categorized as a residential property type. 14 Franklin Court has 1,778 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 13,460 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 14 Franklin Court sold most recently in Aug 23, 2021 for a total of $467,500. If you work out the math, that's approximately a cost of $262.94 per sqft. Before that, the property was also sold for $425,000 in Jan 20, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,243 in taxes each year. 14 Franklin Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $393,200. If we break it down further, the land itself was valued at $160,000. Improvements to the property, however, were assessed at a total of $233,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,460
  • Total Building Area: 1,778
  • Building Area: 1,778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,778
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS AT MOONTVILLE CONDOMINIUM
  • Land Acres: 0.309
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : AGARWAL RAHUL
  • Current Owner 2: AGARWAL RADHIKA
  • Previous Owner : JIANG HAITAO
  • Previous Owner 2: YAN LING
  • Owner Before Previous Owner: ERMAN DAVID
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Montville Township School District
  • Census Tract: 040803

Zoning

  • Zoning: R20B

Geography

  • Assessors Map Reference: TAX MAP 42
  • District: 21
  • Parcel: 21 00131- 01-00012- 04
  • Block: 131.01
  • Lot: 12.04
  • Municipality: MONTVILLE TWP
  • Latitude: 40.8815
  • Longitude: -74.3682

    Address

  • Full Address: 14 Franklin Ct
  • Address - House Number: 14
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Montville
  • Carrier Code: R002
  • 4-Digit Zip Code: 9140
  • Zip Code: 07045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,243

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 609,440
  • High Value: 717,668
  • Low Value: 501,211

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $374,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $467,261
  • Market Land Value: $190,137
  • Market Improvement Value: $277,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,200
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $233,200

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11866173861
  • Current Sale Price: $467,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021092356
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Contract Date: Jan 20, 2015
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $374,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EVERBANK.COM
  • Previous Mortgage Transaction Date: Jan 30, 2015
  • Previous Mortgage Loan Amount: $318,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Morris



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Nearby Rentals

Unit for rent at 15 Decroce Court, Parsippany-Troy Hills Twp., NJ, 07054

$3,700 /mo

  • 3 Beds
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15 Decroce Court, Parsippany-Troy Hills Twp., NJ, 07054 Listing by JENNIFER LEIGH MASTERS

Frequently Asked Questions

What neighborhood is 14 Franklin Court located in?
The 14 Franklin Court is a located in the neighborhood of Morris in Morris, Montville.
What is the average sales price for listings in 14 Franklin Court?
The average sales price for units in 14 Franklin Court is $0 currently.

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