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17 Franklin Place

17 Franklin Place, Montclair, NJ 07042
Property in Essex
Sold Dec 30, 2021
$805,000
$545,000 by Embrace Home Loans Inc
Mortgage Due Dec 01, 2051
Sold Mar 05, 2007
$555,000
$417,000 by Phh Home Loans Llc
Mortgage Due Mar 01, 2037
17 Franklin Place in Montclair, NJ was first built in 1929 and is 95 years old. This has been categorized as a residential property type. There are a total of 2 floors. 17 Franklin Place has 1,956 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 2,180. In total, the area measurement of the land is 10,899 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Oct 1, 2021 for $805,000. That's $411.55 per sqft. Prior to that sales transaction, the property was also sold in Feb 23, 2007 for $555,000. 17 Franklin Place was last assessed in 2022. The total value of the property was assessed at $440,200. Specifically, the land the property is located on was valued at $204,800. While improvements on the property were assessed at a total of $235,400. 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 $14,474. 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. 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.

Building Features

Exterior

Wood Shingle Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,899
  • Lot Size Depth Feet: 2,180
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 57-A,103

Ownership

  • Current Owner : LEKA LULJETA
  • Current Owner 2: LEKA MARK
  • Previous Owner : SMITH DAVID W
  • Previous Owner 2: SMITH TRACY
  • Owner Before Previous Owner: TORRES CESAR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Montclair Town School District
  • Census Tract: 017200

Zoning

  • Zoning: R1

Geography

  • District: 13
  • Parcel: 13 04008-0000-00043
  • Block: 4008
  • Lot: 43
  • Municipality: MONTCLAIR TWP
  • Latitude: 40.7991
  • Longitude: -74.213

    Address

  • Full Address: 17 Franklin Pl
  • Address - House Number: 17
  • Address - Street Name: Franklin
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Montclair
  • Carrier Code: C020
  • 4-Digit Zip Code: 4441
  • Zip Code: 07042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,474

    Appraisal Valuation

  • Standard Deviation: 0.2203
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 69
  • Final Value: 781,084
  • High Value: 953,170
  • Low Value: 608,998

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $545,000
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 30, 2021
  • First Open Lien Mortgage Loan Amount: $545,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $440,200
  • Market Land Value: $204,800
  • Market Improvement Value: $235,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $440,200
  • Assessed Land Value: $204,800
  • Assessed Improvements Value: $235,400

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Transaction ID: 11916597873
  • Current Sale Price: $805,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021152135
  • Previous Sale Recording Date: Mar 05, 2007
  • Previous Sale Contract Date: Feb 23, 2007
  • Previous Sale Amount: $555,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Dec 30, 2021
  • First Mortgage Loan Amount: $545,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PHH HOME LOANS LLC
  • Previous Mortgage Transaction Date: Mar 05, 2007
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2037

About Essex



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 17 Franklin Place located in?
The 17 Franklin Place is a located in the neighborhood of Essex in Essex, Montclair.
What is the average sales price for listings in 17 Franklin Place?
The average sales price for units in 17 Franklin Place is $0 currently.

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