Union County  »  71 Franklin Pl

71 Franklin Place, Summit, NJ 07901 Property Information

71 Franklin Place, Summit, NJ 07901 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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71 Franklin Place, Summit, NJ 07901
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Address

Primary address 71 Franklin Place, Summit
Zip code 07901
County Union
Municipality Summit City
Block 2614
Lot 26.01

Sales & Tax Overview for 71 Franklin Place, Summit

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 03/28/2017
Sale price $1,225,000
Arm's length
Property tax $22,900

Lot & Building Information for 71 Franklin Place, Summit

Building sqft 1,844
Building class Residential (2)
Acreage 0.131
Year built 2015
Stories 2
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 71 Franklin Place, Summit

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About 71 Franklin Place, Summit

What is the year built & the total sq. ft. for 71 Franklin Place, Summit, NJ 07901?

71 Franklin Place, Summit, NJ 07901 was built in 2015 and has a total of 1,844 square feet.

What is the assessed value of 71 Franklin Place, Summit, NJ 07901 and the property tax paid?

Assessed at $512,200, the tax amount paid for 71 Franklin Place, Summit, NJ 07901 is $22,900.

When was 71 Franklin Place, Summit, NJ 07901 last sold and what was the last sale price?

71 Franklin Place, Summit, NJ 07901 was last sold in 03/28/2017 for $1,225,000.

Ownership Information

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Real Estate Reports:
Lucian Alixandrescu, Jul 28, 2026 Brooklyn Emerges as NYC’s Coworking Growth Engine, Manhattan Rents Cross $100 in the Plaza District 
New York City’s office market continued to lead the U.S. in Q2, but internal shifts were most visible in the flex office market. Brooklyn’s coworking inventory grew 6.2% Q-o-Q even as Manhattan’s supply retreated. At the same time, Brooklyn’s asking rents for traditional office leases climbed more than twice as fast as the national average.
Eliza Theiss, Jul 22, 2026 Prices Rise in 32 of NYC’s Leading Neighborhoods as City and Manhattan Hit Record Highs
Q2 2026 saw NYC and Manhattan reach historic highs, with Brooklyn and Queens marking close to new records as well. Meanwhile, Hudson Yards remained at the top, Central Midtown posted its highest price ever and Carroll Gardens marked its third consecutive quarter over $2 million
Laura Pop-Badiu, Jul 15, 2026 How to Find Property Owners — The Complete Guide 
For real estate professionals looking for the best ways to find property owners — whether through free methods based on public sources or paid tools with verified, in-depth data — this comprehensive guide breaks down every step of the due diligence process.
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Past Sales & Property History for 71 Franklin Place, Summit

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Purchase date Purchase price Buyer name Seller name
03/28/2017 $1,225,000

Title Documents for 71 Franklin Place, Summit

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
03/28/2017 - D
04/21/2017 - R
Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 71 Franklin Place, Summit

Access detailed property tax data for 71 Franklin Place, Summit, NJ 07901. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $22,900
Market value $512,200

Assessment History for 71 Franklin Place, Summit

Here's the assessment & property tax history for 71 Franklin Place, Summit, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $512,200 $512,200 4.471 $22,900 +2.64%
2024 $512,200 $512,200 4.356 $22,311 +0.67%
2023 $512,200 $512,200 4.327 $22,163 +1.03%
2022 $512,200 $512,200 4.283 $21,938 -0.79%
2021 $512,200 $512,200 4.317 $22,112 -0.99%

Risk

Create a free account to unlock extended information for 71 Franklin Place, Summit, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 71 Franklin Place, Summit to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Cpc Weekday Nursery School & Kindergarten NR Private PK-K 155 0.27
Cpc Weekday Nursery School & Kindergarten NR Private PK-K 155 0.27
Lincoln Hubbard Elementary School 9 Public 1-5 328 0.41
Cornerstone School Of Summit NR Private PK-K 83 0.57
Cornerstone School Of Summit NR Private PK-K 83 0.57

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
L C Johnson Summit Middle School 7 Public 6-8 942 0.36
Kent Place School NR Private PK-12 621 0.58
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.75
Oratory Preparatory School NR Private 7-12 373 0.90
St. Rose of Lima School NR Private PK-8 186 2.07

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Kent Place School NR Private PK-12 621 0.58
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.75
Oratory Preparatory School NR Private 7-12 373 0.90
Summit Sr High School 7 Public 9-12 1,161 0.92
Millburn Sr High School 8 Public 9-12 1,378 2.07

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 71 Franklin Place, Summit

Here are the neighbors for 71 Franklin Place, Summit.

Address Square feet Purchase date Purchase price
162 Oak Ridge Ave, Summit 4,484 04/27/2018 $2,405,500
38-40 Maple St, Summit
73 Franklin Pl, Summit 1,844 03/20/2020 $1,090,000
181-215 Morris Ave, Springfield
152 Broad St, Summit 2,484 08/26/2021 $6,250,000
74 Templar Way, Summit 4,064 10/31/2017 $1
69-73 Prospect Hill Ave, Summit
160 Oak Ridge Ave, Summit 3,607 04/29/2025 $1
63-65 Prospect Hill Ave, Summit
66 Templar Way, Summit 4,118 04/20/2020 $1,630,000
70 Templar Way, Summit 3,806 09/30/2020 $1,900,000
382 Morris Ave, Summit
99 Beauvoir Ave, Summit 11,133
9-11 Edgar St, Summit

Nearby ZIP Codes for 71 Franklin Place, Summit

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