by RHP Realty

See Home Value
Summit 07901
28 Franklin Pl
$935,000
House - Off Market

28 Franklin Pl

Summit City, NJ 07901
bedrooms
4 Beds
bathrooms
2.1 Baths
$992,285
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1860
Last updated: 10 months ago (GSMLS #3834507)

Price History

Date / Event Date Event Price
Nov 3, 2023 Sold $935,000
Sold
Jul 13, 2023 Sold $935,000
Sold
Apr 22, 2023 In contract -
In contract
Apr 17, 2023 No longer available -
No longer available
Mar 23, 2023 Listed by Compass NJ LLC $995,000
Listed by Compass NJ LLC
Great opportunity and optionality in owning this home. Home is in a 2 family zone and is currently configured as a single family home but can easily be turned into a two family. The property is deep and has a large brick two story barn with parking garages or can be used as storage. Additionally there is a single car garage and a 2 car garage. This home is also just 2 blocks to downtown Summit and the train station. The home has tremendous charm and curb appeal with a front and side porch…
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,318
  • Lot Size Depth Feet: 3,280
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,299
  • Building Area: 2,299
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,299
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.489
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRANKLIN 28 LLC
  • Previous Owner : CHARALAMBIDIS BARBARA J
  • Owner Before Previous Owner: CHARALAMBIDLS BARBARA J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Summit City School District
  • Census Tract: 037700

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 34
  • District: 18
  • Parcel: 18 03401-0000-00016
  • Block: 3401
  • Lot: 16
  • Municipality: SUMMIT CITY
  • Latitude: 40.7163
  • Longitude: -74.3531

    Address

  • Full Address: 28 Franklin Pl
  • Address - House Number: 28
  • Address - Street Name: Franklin
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Summit
  • Carrier Code: C019
  • 4-Digit Zip Code: 3617
  • Zip Code: 07901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,981

    Appraisal Valuation

  • Standard Deviation: 0.0971
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 1,023,207
  • High Value: 1,122,612
  • Low Value: 923,801

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $174,200
  • Market Improvement Value: $125,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,000
  • Assessed Land Value: $174,200
  • Assessed Improvements Value: $125,800

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Nov 03, 2023
  • Current Sale Transaction ID: 11915668523
  • Current Sale Price: $935,000
  • Current Sale Document Type: Correction Deed
  • Current Sale Input Document Number: 33429
  • Previous Sale Recording Date: Oct 05, 2023
  • Previous Sale Contract Date: Jul 10, 2023
  • Previous Sale Amount: $935,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Oct 05, 2023
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $654,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.1 Baths
-
$995,000 Nov 30, -0001
$997,000 Feb 21, 2023
-
House
4 Beds
3.1 Baths
-
$995,000 Nov 30, -0001
$980,000 Feb 22, 2023
-
House
8 Beds
4 Baths
-
$1,099,000 Nov 30, -0001
$1,350,000 Jun 15, 2022
-
Multifamily
Stu
-
-
$1,099,000 Nov 30, -0001
$1,350,000 Jun 15, 2022
-
House
4 Beds
4 Baths
-
$949,000 Jun 7, 2023
-
-
House
5 Beds
3 Baths
-
$1,100,000 Jul 12, 2023
-
-
Condo
3 Beds
2 Baths
-
$849,000 Jun 5, 2023
-
$921/mo
In Contract
Multifamily
6 Beds
-
-
$999,000 Jul 3, 2023
-
-
Commercial
Loft
-
2,050 ft²
$485/ft²
$995,000 Jun 1, 2023
-
$1,087/mo

About Summit


Similar Homes for Sale

Unit for sale at 12 Shadyside Avenue, Summit City, NJ 07901

$1,100,000

  • 5 Beds
  • 3 Baths
12 Shadyside Avenue, Summit City, NJ 07901 Listing by KIM CANNON

Nearby Rentals

Unit for rent at 15 Euclid Ave, Summit City, NJ, 07901-2114

$5,000 /mo

  • 2 Beds
  • 1 Bath
15 Euclid Ave #3, Summit City, NJ, 07901-2114 Listing by JANE E. CEBULA
Unit for rent at 34 Aubrey St, Summit City, NJ, 07901-1409

$5,400 /mo

  • 4 Beds
  • 3 Baths
34 Aubrey St, Summit City, NJ, 07901-1409 Listing by JENNIFER NIELSEN
Unit for rent at 34 Fairview Ave, Summit City, NJ, 07901-1728

$4,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,550 ft²
34 Fairview Ave, Summit City, NJ, 07901-1728 Listing by SUSAN DEVANEY


Frequently Asked Questions

When was property at 28 Franklin Place built and last sold?
The property at 28 Franklin Place was built in 1860 and last sold on Jul 10, 2023 for $935,000.
How much is this home worth?
The estimated value of the home located at 28 Franklin Place is $1,004,950.
What are some comparable homes to 28 Franklin Place?
Homes that are comparable to 28 Franklin Place include a house property at 12 Shadyside Avenue, 26 Ashwood Avenue, 7 Irving Place.

Quantcast