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320 Franklin Place

320 Franklin Place, Paramus, NJ 07652
House in Bergen
Sold Jan 29, 2020
$535,000
Sold Jan 29, 2020
$535,000
$300,000 by Newrez Llc
Mortgage Due Jan 01, 2050
320 Franklin Place has been categorized by the local assessors in Paramus, NJ as a residential type of property. The building on the property was first built in 1955 and is 69 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 320 Franklin Place has 1,770 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,001 square feet.

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, 320 Franklin Place sold most recently in Dec 4, 2019 for a total of $535,000. If you work out the math, that's approximately a cost of $302.26 per sqft. Before that, the property was also sold for $535,000 in Dec 4, 2019. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $9,270 in taxes each year. 320 Franklin Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $636,600. If we break it down further, the land itself was valued at $331,600. Improvements to the property, however, were assessed at a total of $305,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,770
  • Building Area: 1,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,770
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WEISS LAUREN
  • Current Owner 2: WEISS ERICH
  • Previous Owner : LANG LORETTA K EST
  • Owner Before Previous Owner: LANG EDWARD J
  • Owner Before Previous Owner 2: ESTATE OF LORETTA K LANG
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paramus Borough School District
  • Census Tract: 042302

Zoning

  • Zoning: R75

Geography

  • Account Number: 742600
  • District: 46
  • Parcel: 46 07112-0000-00004
  • Block: 7112
  • Lot: 4
  • Municipality: PARAMUS BORO
  • Latitude: 40.9617
  • Longitude: -74.053

    Address

  • Full Address: 320 Franklin Pl
  • Address - House Number: 320
  • Address - Street Name: Franklin
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Paramus
  • Carrier Code: C012
  • 4-Digit Zip Code: 4912
  • Zip Code: 07652

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,270

    Appraisal Valuation

  • Standard Deviation: 0.1987
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 794,223
  • High Value: 952,042
  • Low Value: 636,403

    Market Valuation

  • Market Total Value: $636,600
  • Market Land Value: $331,600
  • Market Improvement Value: $305,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $636,600
  • Assessed Land Value: $331,600
  • Assessed Improvements Value: $305,000

    Sales

  • Current Sale Contract Date: Dec 04, 2019
  • Current Sale Recording Date: Jan 29, 2020
  • Current Sale Transaction ID: 11735322235
  • Current Sale Price: $535,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2020009725
  • Previous Sale Recording Date: Jan 29, 2020
  • Previous Sale Contract Date: Dec 04, 2019
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Jan 29, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: NEWREZ LLC
  • Previous Mortgage Transaction Date: Jan 29, 2020
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Paramus



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Frequently Asked Questions

What neighborhood is 320 Franklin Place located in?
The 320 Franklin Place is a house located in the neighborhood of Bergen in Paramus, Paramus.
What is the average sales price for listings in 320 Franklin Place?
The average sales price for units in 320 Franklin Place is $0 currently.

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