28 Franklin Pl

Summit, NJ 07901

$935,000
Last Sold Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Sold 7/13/23
Sold 7/13/23

Description

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. As you...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. As you enter the home you are greeted with high ceilings and beautiful milwork. The first floor has a foyer that is flanked by a living room and parlor. Towards the back of the home is the dining room and eat in kitchen. Upstairs has 4 beds, 2 full baths and a sitting room. The basement is unfinished and perfect for storage. The possibilities are endless.

Listing Agent

  1. Zander Oldendorp

    Zander Oldendorp

    Listing Agent

    Compass

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Property Details for 28 Franklin Place

Directions
Summit Avenue to Franklin Place
Days On Market
28
LISTING UPDATED: 07/14/2024 03:03 AM

Property Details for 28 Franklin Place

StatusSold
MLS #3834515
Days on Market28
Taxes$12,849 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1850
Lot Size0.00 AC / 0 SF
CountyUnion County

Location

Add your commute

Building Information for 28 Franklin Place

Stories-Residences2Year Built1850Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$5,628 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,557

Property Taxes

$1,071

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 28 Franklin Place

Summary
Location and General Information
  • Middle/Jr High School: Summit MS
  • Grade School: Lincoln-Hubbard
  • High School: Summit HS
  • Active Days on Market: 29
  • Renovated Year: 2006
  • County #: Union
  • Town Name: Summit City
  • Block Identifier: 3401
  • Listing Type: Exclusive Right to Sell
  • Town #: 2918.0
  • Street # Display: 28.0
  • # Parking Spaces: 5
  • County Or Parish: Union
  • Street Name: Franklin Pl
  • Zip Code: 07901-3617
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $12,849
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 300000.0
  • Tax ID For Property: 2918-03401-0000-00016-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Additional Parking, Blacktop
  • # Garage Spaces: 5
  • Garage Description: Detached Garage, Garage Door Opener, Oversize Garage
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 16
  • Approximate Lot Size: 65X328
  • Total Acres: 0.0
  • Construction Date/Year Built: 1850
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 125800.0
  • Assessment Land: 174200.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 1 Unit, Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Clapboard, Wood
  • Exterior Features: Open Porch(es), Outbuilding(s), Patio
Interior Features
  • Interior Features: Cedar Closets
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 4
  • Unit 1 Fireplaces: 3.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 2.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Den, Dining Room, Eat-In Kitchen, Living Room, Utility Room
  • Unit 1 Rooms: 9.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
  • Unit 2 Baths: 0.0
  • Unit 2 Bedrooms: 0
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Water
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Utility Room
  • Unit 2 Rooms: 0.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 28 Franklin Place

DateEvent & SourcePriceAppreciation
Jul 13, 2023

Sold

GSMLS #3834515

$935,000—
Jul 13, 2023

Sold

GSMLS #3834507

$935,000—
Jul 10, 2023

Sold (Public Record)

Public Record #1520132874

$935,000—
Jul 10, 2023

Sold (Public Record)

Public Record #1520132874

$935,000

+120.9% / yr

Jun 30, 2023

Under Contract

GSMLS #3834515

—
Jun 30, 2023

Under Contract

GSMLS #3834507

—
Mar 25, 2023

Temporarily Off Market

GSMLS #3809414

—
Mar 25, 2023

Temporarily Off Market

GSMLS #3809406

—
Mar 23, 2023

Listed (Active)

GSMLS #3834515

$995,000—
Mar 23, 2023

Listed (Active)

GSMLS #3834507

$995,000—
Feb 8, 2023

Price Change

GSMLS #3809414

$995,000—
Feb 8, 2023

Price Change

GSMLS #3809406

$995,000—
Sep 26, 2022

Price Change

GSMLS #3809406

$1,050,000—
Sep 26, 2022

Price Change

GSMLS #3809414

$1,050,000—
Sep 26, 2022

Listed (Active)

GSMLS #3809414

$995,000—
Sep 26, 2022

Listed (Active)

GSMLS #3809406

$995,000—
Mar 6, 2006

Sold (Public Record)

Public Record #191694489

$1—
Sep 27, 2005

Sold (Public Record)

Public Record #166016252

$1—
DateEvent & SourcePrice
07/13/2023

Sold

GSMLS #3834515

$935,000
07/13/2023

Sold

GSMLS #3834507

$935,000
07/10/2023

Sold (Public Record)

Public Record #1520132874

$935,000
07/10/2023

Sold (Public Record)

Public Record #1520132874

$935,000

+120.9% / yr

06/30/2023

Under Contract

GSMLS #3834515

—
06/30/2023

Under Contract

GSMLS #3834507

—
03/25/2023

Temporarily Off Market

GSMLS #3809414

—
03/25/2023

Temporarily Off Market

GSMLS #3809406

—
03/23/2023

Listed (Active)

GSMLS #3834515

$995,000
03/23/2023

Listed (Active)

GSMLS #3834507

$995,000
02/08/2023

Price Change

GSMLS #3809414

$995,000
02/08/2023

Price Change

GSMLS #3809406

$995,000
09/26/2022

Price Change

GSMLS #3809406

$1,050,000
09/26/2022

Price Change

GSMLS #3809414

$1,050,000
09/26/2022

Listed (Active)

GSMLS #3809414

$995,000
09/26/2022

Listed (Active)

GSMLS #3809406

$995,000
03/06/2006

Sold (Public Record)

Public Record #191694489

$1
09/27/2005

Sold (Public Record)

Public Record #166016252

$1

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 28 Franklin Place

Taxable ValueLand$174,200Additions$125,800Total$300,000
Tax Record2024$13,068 ($1,089 / month)
Home Facts
Beds0Total Finished SqFt2,299 SqFtAbove Grade Finished SqFt2,299 SqFtStories2Lot Size21,318 SqFtStyleSingle Family ResidenceYear Built1860ZoningR5CountyUNIONAPN18 03401-0000-00016

Schools near 28 Franklin Place

This home is within Summit Public School District.
Rating
School
Type
Grades
Distance
Lincoln Hubbard Elementary School
Public - 1 to 5
L C Johnson Summit Middle School
Public - 6 to 8
Summit Sr High School
Public - 9 to 12
Jefferson Elementary School
Public - 1 to 5
Rating
School
Distance
Lincoln Hubbard Elementary School
Public1 to 5

L C Johnson Summit Middle School
Public6 to 8

Summit Sr High School
Public9 to 12

Jefferson Elementary School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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