Union County  »  54 Franklin Pl

54 Franklin Place, Summit, NJ 07901 - Property report

Also known as: 54 Franklin Pl

Property image for 54 Franklin Place, Summit, NJ 07901
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Property type

Residential (2)

Year built

1907

Acreage

0.208

Sale price

$9,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
54 Franklin Place
ZIP code
07901
County
Union
Block
3401
Lot
8
Municipality
2018
Parcel ID
3401-8

Owner

Find out who owns 54 Franklin Place, Summit, NJ 07901. Uncover corporate and individual owners with a free account.

Sales
Sale date
10/31/2016
Sale price
$9,000,000
Arm's length
Tax
Tax year
2026
Current property tax
$15,260
Building
Property type
Residential (2)
Building sq. ft.
2,908
Stories
2
Year built
1907
Exterior structural material
Lot
Acreage
0.208
Zoning & Use
Zoning
Units
3

Area overview

Walk score
93 /100.  Walker's Paradise
Transit score
45 /100.  Some Transit
Bike score
47 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 54 Franklin Place, Summit, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 54 Franklin Place, Summit, NJ 07901

Sale date Sale price Buyer name Seller name
10/31/2016 $9,000,000 XXXXX XXXXX XXXXXXXXXXX XXX XXXXX, XXXXXXX X; XXXXXX XXXXXXXXXX XX XXX; XXXXXX XXXXXXXXXX XX XXX; XXXXXX XXXXXXXXXX XX XXX; XXXXXX XXXXXXXXXX XX XXX; XXXXXX XXXXXXXXXX XX XXX; XXXXXX XXXXXXXXXX XX XXX; XXXXX, XXXXXXX X
07/26/1999 $350,000

*Most recent sales on record for this property.

More about Union County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/10/2019 - R
10/31/2016 - D		 Deed and Realty Tax Fees XXXXX, XXXXXXX X XXXXX XXXXX XXXXXXXXXXX XXX
07/26/1999 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 54 Franklin Place, Summit, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$15,260
Recent tax assessments
Market value
$341,300
Land value
$134,100
Building value
$207,200

More about Union County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $341,300 $341,300 4.471 $15,260 +2.64%
2024 $341,300 $341,300 4.356 $14,867 +0.67%
2023 $341,300 $341,300 4.327 $14,768 +1.03%
2022 $341,300 $341,300 4.283 $14,618 -0.79%
2021 $341,300 $341,300 4.317 $14,734 -0.99%
2020 $341,300 $341,300 4.36 $14,881 -0.11%
2019 $341,300 $341,300 4.365 $14,898 +0.65%
2018 $341,300 $341,300 4.337 $14,802 -0.64%
2017 $341,300 $341,300 4.365 $14,898 +1.49%
2016 $341,300 $341,300 4.301 $14,679 +1.99%
Permits

Permit information for 54 Franklin Place, Summit, NJ

No recently recorded permits for this property.

Neighborhood

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 54 Franklin Place, Summit, NJ 07901 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
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 0.46
Cornerstone School Of Summit NR Private PK-K 83 0.60
Cornerstone School Of Summit NR Private PK-K 83 0.60
Kent Place School NR Private PK-12 621 0.62
Jefferson Primary Center NR Public PK, K 143 0.73
Jefferson Primary Center NR Public PK, K 143 0.73
Brayton Elementary School 8 Public 1-5 304 0.73
Jefferson Elementary School 8 Public 1-5 215 0.74
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
L C Johnson Summit Middle School 7 Public 6-8 942 0.35
Kent Place School NR Private PK-12 621 0.62
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.75
Oratory Preparatory School NR Private 7-12 373 0.95
St. Rose of Lima School NR Private PK-8 186 2.08
Far Brook School NR Private PK-8 220 2.08
Florence M. Gaudineer Middle School 6 Public 6-8 518 2.24
Devel L C New Providence NR Public K-9 74 2.35
Millburn Middle School 9 Public 6-8 1,133 2.43
Deerfield Elementary School 10 Public 3-8 467 2.43
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Kent Place School NR Private PK-12 621 0.62
Oak Knoll School of the Holy Child NR Private PK, K-12 504 0.75
Oratory Preparatory School NR Private 7-12 373 0.95
Summit Sr High School 7 Public 9-12 1,161 0.96
Millburn Sr High School 8 Public 9-12 1,378 2.04
Jonathan Dayton High School 5 Public 9-12 659 2.22
Eclc Of New Jersey NR Private 1-12 177 2.27
Governor Livingston High School 7 Public 9-12 936 2.62
Chatham High School 8 Public 9-12 1,231 2.67
The Arc Kohler School NR Private PK-12 33 2.70

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 54 Franklin Place, Summit, NJ

52 Franklin Pl, Summit 56 Franklin Pl, Summit 206 Morris Ave, Summit 28 Franklin Pl, Summit 214-216 Morris, Summit 42 Franklin Pl, Summit 24 Franklin Pl, Summit 50 Franklin Pl, Summit 38 Franklin Pl, Summit 32 Franklin Pl, Summit 20 Franklin Pl, Summit 53 Summit Ave, Summit 51 Summit Ave, Summit 208 Morris Ave, Summit 210-212 Morris Ave, Summit 46 Franklin Pl, Summit 34 Franklin Pl, Summit 47 Summit Ave, Summit 202 A Morris Ave, Summit 204 Morris Ave, Summit

Nearby ZIP codes for 54 Franklin Place, Summit, NJ

07016, Union County, NJ 07023, Union County, NJ 07027, Union County, NJ 07033, Union County, NJ 07039, Essex County, NJ 07041, Essex County, NJ 07062, Union County, NJ 07076, Union County, NJ 07083, Union County, NJ 07088, Union County, NJ 07090, Union County, NJ 07092, Union County, NJ 07922, Union County, NJ 07928, Morris County, NJ 07932, Morris County, NJ 07935, Morris County, NJ 07940, Morris County, NJ 07974, Union County, NJ

Frequently asked questions

What is the year built for 54 Franklin Place, Summit, NJ 07901?

The development at 54 Franklin Place, Summit, NJ 07901 was built in 1907.

What is the total square footage of 54 Franklin Place, Summit, NJ 07901?

54 Franklin Place, Summit, NJ 07901 has a total of 2,908 square feet.

When was 54 Franklin Place, Summit, NJ 07901 last sold and what was the sale price?

54 Franklin Place, Summit, NJ 07901 was last sold on 10/31/2016 for $9,000,000.

What is the assessed value of 54 Franklin Place, Summit, NJ 07901?

54 Franklin Place, Summit, NJ 07901 is currently assessed at $341,300.

What are the property taxes for 54 Franklin Place, Summit, NJ 07901?

The property taxes for 54 Franklin Place, Summit, NJ 07901 total $15,259.

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