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71 Franklin Terrace

71 Franklin Terrace, Irvington, NJ 07111
House in Essex
Local assessors in Irvington, NJ have categorized 71 Franklin Terrace as a type of property. The home was built in 1908 and is 118 years old. The property's lot size has been calculated to be 5,946 square feet. The linear feet between the front and back of the lot was measured at 2,380 ft and the front of the lot was measured at 250 ft. This is a 100 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 71 Franklin Terrace has a total of 1,392 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. 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, 71 Franklin Terrace sold most recently in Dec 23, 2019 for a total of $245,000. If you work out the math, that's approximately a cost of $176.01 per sqft. Before that, the property was also sold for $39,000 in Mar 30, 2017. 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 $1,366,261 in taxes each year. 71 Franklin Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $229,200. If we break it down further, the land itself was valued at $36,000. Improvements to the property, however, were assessed at a total of $193,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Building Style

Colonial

Exterior

Brick Exterior

Parking

No Parking

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By


Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,946
  • Lot Size Depth Feet: 2,380
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Irvington Township School District
  • Census Tract: 012200

Geography

  • Assessors Map Reference: TAX MAP 1
  • Account Number: 01000600
  • District: 09
  • Parcel: 09 00001-0000-00006
  • Block: 1
  • Lot: 6
  • Municipality: IRVINGTON TWP
  • Latitude: 40.7269
  • Longitude: -74.2467

    Address

  • Full Address: 71 Franklin Ter
  • Address - House Number: 71
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Irvington
  • Carrier Code: C028
  • 4-Digit Zip Code: 1351
  • Zip Code: 07111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,366,261

    Appraisal Valuation

  • Standard Deviation: 0.2578
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 63
  • Final Value: 425,801
  • High Value: 535,579
  • Low Value: 316,023

    Market Valuation

  • Market Total Value: $229,200
  • Market Land Value: $36,000
  • Market Improvement Value: $193,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $229,200
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $193,200

    Sales

  • Current Sale Contract Date: Dec 23, 2019
  • Current Sale Recording Date: Jan 09, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202020002870
  • Previous Sale Recording Date: Sep 29, 2017
  • Previous Sale Contract Date: Mar 30, 2017
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 71 Franklin Terrace located in?
The 71 Franklin Terrace is a house located in the neighborhood of Essex in Essex, Irvington.
What is the average sales price for listings in 71 Franklin Terrace?
The average sales price for units in 71 Franklin Terrace is $0 currently.