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59 Franklin Street

59 Franklin Street, East Orange, NJ 07017
Property in Essex
Sold Jun 19, 2020
$295,000
Buyer
Seller
$289,656 by Embrace Home Loans Inc
Mortgage Due Jul 01, 2050
Sold Jan 06, 2016
$322,743
Local assessors in East Orange, NJ have categorized 59 Franklin Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 5,070 square feet. The linear feet between the front and back of the lot was measured at 1,950 ft and the front of the lot was measured at 260 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 59 Franklin Street has a total of 2,180 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. 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. The property was last sold in Jun 4, 2020 for $295,000. That's $135.32 per sqft. Prior to that sales transaction, the property was also sold in Mar 10, 2015 for $322,743. 59 Franklin Street was last assessed in 2022. The total value of the property was assessed at $363,000. Specifically, the land the property is located on was valued at $97,400. While improvements on the property were assessed at a total of $265,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,549. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,070
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 260
  • Total Building Area: 2,180
  • Building Area: 2,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,180
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ALLEYNE JANE
  • Previous Owner : LYSSA LLC
  • Owner Before Previous Owner: FONTOURA ARMANDO B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Orange City School District
  • Census Tract: 010100

Geography

  • Assessors Map Reference: TAX MAP 1-10
  • Account Number: 00577138
  • District: 05
  • Parcel: 05 00620-0000-00023- 02
  • Block: 620
  • Lot: 23.02
  • Municipality: EAST ORANGE CITY
  • Latitude: 40.7785
  • Longitude: -74.2094

    Address

  • Full Address: 59 Franklin St
  • Address - House Number: 59
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: NJ
  • City Name: East Orange
  • Carrier Code: C051
  • 4-Digit Zip Code: 3003
  • Zip Code: 07017

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,549

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 519,251
  • High Value: 652,426
  • Low Value: 386,076

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $375,042
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 19, 2020
  • First Open Lien Mortgage Loan Amount: $289,656
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jul 18, 2022
  • Second Open Lien Mortgage Loan Amount: $71,155
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2052
  • Third Open Lien Mortgage Lender: CARRINGTON MTG SERVICES, LLC
  • Third Open Lien Mortgage Recording Date: Feb 27, 2024
  • Third Open Lien Mortgage Loan Amount: $14,231
  • Third Open Lien Mortgage Term: 479
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Feb 01, 2064

    Market Valuation

  • Market Total Value: $363,000
  • Market Land Value: $97,400
  • Market Improvement Value: $265,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $363,000
  • Assessed Land Value: $97,400
  • Assessed Improvements Value: $265,600

    Sales

  • Current Sale Contract Date: Jun 04, 2020
  • Current Sale Recording Date: Jun 19, 2020
  • Current Sale Transaction ID: 11770321522
  • Current Sale Price: $295,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020057407
  • Previous Sale Recording Date: Jan 06, 2016
  • Previous Sale Contract Date: Mar 10, 2015
  • Previous Sale Amount: $322,743
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Jun 19, 2020
  • First Mortgage Loan Amount: $289,656
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

About East Orange



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Frequently Asked Questions

What neighborhood is 59 Franklin Street located in?
The 59 Franklin Street is a located in the neighborhood of Essex in East Orange, East Orange.
What is the average sales price for listings in 59 Franklin Street?
The average sales price for units in 59 Franklin Street is $0 currently.

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