Property Report for 503 Summit Ave, Franklin Lakes, NJ 07417

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503 Summit Ave, Franklin Lakes, NJ 07417
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503 Summit Ave, Franklin Lakes, NJ 07417
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Property Details
  • Property Address 503 Summit Ave, Franklin Lakes, NJ 07417
  • County Bergen
  • Parcel ID 20 02406-0000-00012
  • Legal description LOT:12 BLK:2406 DIST:20 CITY/MUNI/TWP:FRANKLIN LAKES BORO
  • School district Franklin Lakes Borough School District
  • Acreage 0.5
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 2,884
  • Year built 1955
  • Bedrooms N/A
  • Bathrooms N/A

About the Property

503 Summit Ave is a single family residence in the city of Franklin Lakes, NJ 07417. Located in the Franklin Lakes Borough School District, which resides in Bergen County, NJ and built in 1955. This Single Family Residence sits on a 21,780 sq ft lot and features 2,884 sq ft of living space.

The most recent property tax for 503 Summit Ave was $8,119 with an estimated market value range of $602,900 to $802,100.

Property Info

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Flood

Ownership

Land
  • Acres 0.5
  • Square Feet 21,780
Building
  • Units N/A
  • Year Built 1955
  • Effective Year Built N/A
  • Stories N/A
  • # Fireplaces N/A
  • Garage/Carport N/A
Utilities
  • Cooling Not Provided
  • Heating None
Interior
  • Square Footage
  • Living Area 2,884
  • Total Rooms N/A
  • Bedrooms N/A
  • Total Bathrooms N/A
  • Full Bathrooms N/A
Your Property Report will also include the following information:

Franklin Lakes Residential Market Stats

Median Sale Price $915,000 -28.5% YoY
Median Price/sq ft. $252
Bergen County Median Sale Price $915,000 -28.5% YoY

See more Real Estate Trends for Franklin Lakes including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 503 Summit Ave, Franklin Lakes

Tax YearTaxesTax Assesed ValueExemptions
2021$8,119 (+1.2%) $488,500

2021$8,119 (+1.2%) $488,500

2021$8,119 (+1.2%) $488,500

2020

2019

2018

2017

Access Full Tax & Assessment History for 503 Summit Ave, Franklin Lakes. View Tax Information

Sales History for 503 Summit Ave, Franklin Lakes

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Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
772 LINDEN WAY .76 mi3,47406/20/2023$810,000$233
44 WALDWICK AVE 4.31 mi2,44006/13/2023$705,000$289
63-65 GARFIELD PL 4.5 mi3,05605/24/2023$888,369$291
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

SAMPLE
Total Estimated Debt

  • Total Estimated Debt
  • Available Equity
Access the complete Mortgage and Equity Analysis for 503 Summit Ave, Franklin Lakes. View Mortgage and Equity
Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Nov 11, 2022 Confidence Score: 82%

Low
Value
High
Rental Value Estimate ATTOM
Nov 27, 2022

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.