| Primary address | 54 Franklin Place, Summit |
| Zip code | 07901 |
| County | Union |
| Municipality | Summit City |
| Block | 3401 |
| Lot | 8 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 10/31/2016 |
| Sale price | $9,000,000 |
| Arm's length | Register |
| Property tax | $15,260 |
| Building sqft | 2,908 |
| Building class | Residential (2) |
| Acreage | 0.208 |
| Year built | 1907 |
| Units | 3 |
| Stories | 2 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
54 Franklin Place, Summit, NJ 07901 was built in 1907 and has a total of 2,908 square feet.
What is the assessed value of 54 Franklin Place, Summit, NJ 07901 and the property tax paid?Assessed at $341,300, the tax amount paid for 54 Franklin Place, Summit, NJ 07901 is $15,259.
When was 54 Franklin Place, Summit, NJ 07901 last sold and what was the last sale price?54 Franklin Place, Summit, NJ 07901 was last sold in 10/31/2016 for $9,000,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 54 Franklin Place, Summit, including title documents, transfer conditions, mortgages and liens.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 54 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 | $15,260 |
| Market value | $341,300 |
Here's the assessment & property tax history for 54 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 | $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% |
Create a free account to unlock extended information for 54 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 | Register |
Access the detailed traffic volume map for 54 Franklin Place, Summit to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| 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 | 0.46 |
| Cornerstone School Of Summit | NR | Private | PK-K | 83 | 0.60 |
| Cornerstone School Of Summit | NR | Private | PK-K | 83 | 0.60 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| 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 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| 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 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 54 Franklin Place, Summit.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 52 Franklin Pl, Summit | 2,476 | 10/31/2016 | $9,000,000 |
| 56 Franklin Pl, Summit | 3,341 | 10/31/2016 | $9,000,000 |
| 206 Morris Ave, Summit | 1,886 | 04/18/2001 | $260,000 |
| 28 Franklin Pl, Summit | 2,299 | 07/13/2023 | $935,000 |
| 214-216 Morris, Summit | 2,687 | 11/19/2019 | $496,490 |
| 42 Franklin Pl, Summit | 2,430 | 10/31/2016 | $9,000,000 |
| 24 Franklin Pl, Summit | 3,760 | 07/13/2023 | $935,000 |
| 50 Franklin Pl, Summit | 11,957 | 10/31/2016 | $9,000,000 |
| 38 Franklin Pl, Summit | 2,978 | ||
| 32 Franklin Pl, Summit | |||
| 20 Franklin Pl, Summit | 12,675 | 02/01/2021 | $1 |
| 53 Summit Ave, Summit | 8,131 | 06/23/2015 | $1,175,000 |
| 51 Summit Ave, Summit | 5,000 | 08/07/1989 | $680,000 |
| 208 Morris Ave, Summit | 1,788 | 03/16/2021 | $435,000 |
| 210-212 Morris Ave, Summit | 2,808 | 01/21/2009 | $315,100 |
| 46 Franklin Pl, Summit | 3,642 | 10/31/2016 | $9,000,000 |
| 34 Franklin Pl, Summit | 2,007 | 08/29/1995 | $240,000 |
| 47 Summit Ave, Summit | 6,120 | 08/07/1989 | $680,000 |
| 202 A Morris Ave, Summit | 2,239 | 03/31/2025 | $620,000 |
| 204 Morris Ave, Summit | 2,214 | 05/27/2022 | $1 |