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22 Constitution Way

22 Constitution Way, Franklin, NJ 07416
Property in Sussex
Sold Mar 10, 2003
$152,000
$169,148 by New Penn Financial Llc
Mortgage Due Feb 01, 2043
Sold Jul 17, 2001
$121,000
$107,100 by Valley National Bank
Mortgage Due Jul 01, 2031
22 Constitution Way has been categorized by the local assessors in Franklin, NJ as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The building has a total of 2 stories. In addition, 22 Constitution Way has 1,100 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 610 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 22 Constitution Way sold most recently in Jan 24, 2003 for a total of $152,000. If you work out the math, that's approximately a cost of $138.18 per sqft. Before that, the property was also sold for $121,000 in Jun 26, 2001. 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 $5,718 in taxes each year. 22 Constitution Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $207,400. If we break it down further, the land itself was valued at $90,000. Improvements to the property, however, were assessed at a total of $117,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 610
  • Total Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRANKLIN MEADOWS CONDOMINIUM
  • Land Acres: 0.014
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : ALBRIGHT ROSE KINUTHIA
  • Current Owner 2: NGENGI MARGARET W
  • Previous Owner : MASKILEYSON MICHAEL
  • Owner Before Previous Owner: MAGILL KENNETH R
  • Owner Before Previous Owner 2: MAGILL NICOLE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wallkill Valley Regional School District
  • Census Tract: 372800

Zoning

  • Zoning: PD-1

Geography

  • Assessors Map Reference: TAX MAP 11
  • Account Number: 00015399
  • District: 06
  • Parcel: 06 01101-0000-00021-0000-C0210
  • Block: 1101
  • Lot: 21
  • Municipality: FRANKLIN BORO
  • Latitude: 41.1198
  • Longitude: -74.5768

    Address

  • Full Address: 22 Constitution Way
  • Address - House Number: 22
  • Address - Street Name: Constitution
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Franklin
  • Carrier Code: C003
  • 4-Digit Zip Code: 2146
  • Zip Code: 07416

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,718

    Appraisal Valuation

  • Standard Deviation: 0.2728
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 274,393
  • High Value: 349,273
  • Low Value: 199,513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,148
  • First Open Lien Mortgage Lender: NEW PENN FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Mar 12, 2013
  • First Open Lien Mortgage Loan Amount: $169,148
  • 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: Feb 01, 2043

    Market Valuation

  • Market Total Value: $207,400
  • Market Land Value: $90,000
  • Market Improvement Value: $117,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,400
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $117,400

    Sales

  • Current Sale Contract Date: Jan 24, 2003
  • Current Sale Recording Date: Mar 10, 2003
  • Current Sale Transaction ID: 11475205426
  • Current Sale Price: $152,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 03-12511
  • Previous Sale Recording Date: Jul 17, 2001
  • Previous Sale Contract Date: Jun 26, 2001
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN UNITED MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 10, 2003
  • First Mortgage Loan Amount: $144,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: VALLEY NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 17, 2001
  • Previous Mortgage Loan Amount: $107,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Jul 01, 2031

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Frequently Asked Questions

What neighborhood is 22 Constitution Way located in?
The 22 Constitution Way is a located in the neighborhood of Sussex in Franklin, Franklin.
What is the average sales price for listings in 22 Constitution Way?
The average sales price for units in 22 Constitution Way is $0 currently.

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