28 Franklin Place

Summit, NJ 07901

$935,000
Last Sold Price
4
Beds
2
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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

Property Details for 28 Franklin Place

Directions
Summit Avenue to Franklin Place
Days On Market
28

Location

Add your commute
LISTING UPDATED: 07/18/2023 08:22 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

$6,173 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,103

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
DateEvent & SourcePrice

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 Record2022$12,849 ($1,071 / 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
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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