Property Report for 517 Summit Ave, Franklin Lakes, NJ 07417

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517 Summit Ave, Franklin Lakes, NJ 07417
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517 Summit Ave, Franklin Lakes, NJ 07417
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Property Details
  • Property Address 517 Summit Ave, Franklin Lakes, NJ 07417
  • County Bergen
  • Parcel ID 20 02406-0000-00007
  • Legal description LOT:7 BLK:2406 DIST:20 CITY/MUNI/TWP:FRANKLIN LAKES BORO
  • School district Franklin Lakes Borough School District
  • Acreage 0.97
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 2,613
  • Year built 1958
  • Bedrooms N/A
  • Bathrooms N/A

About the Property

517 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 1958. This Single Family Residence sits on a 42,253 sq ft lot and features 2,613 sq ft of living space.

The most recent property tax for 517 Summit Ave was $6,980 with an estimated market value range of $692,010 to $705,990. This property was last sold on December 02, 2022 for $735,000.

Property Info

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Flood

Ownership

Land
  • Acres 0.97
  • Square Feet 42,253
Building
  • Units N/A
  • Year Built 1958
  • 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 2,613
  • 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 517 Summit Ave, Franklin Lakes

Tax YearTaxesTax Assesed ValueExemptions
2021$6,980 (+1.2%) $420,000

2021$6,980 (+1.2%) $420,000

2021$6,980 (+1.2%) $420,000

2020

2019

2018

2017

Access Full Tax & Assessment History for 517 Summit Ave, Franklin Lakes. View Tax Information

Sales History for 517 Summit Ave, Franklin Lakes

The most recent sale on 517 Summit Ave took place on Oct 04, 2022 and recorded on Dec 02, 2022 for $735,000. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
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
49 ONEIDA AVE 2.03 mi2,15406/20/2023$685,000$318
44 WALDWICK AVE 4.36 mi2,44006/13/2023$705,000$289
64 WASHINGTON PL 4.59 mi2,27606/13/2023$1,106,000$486
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:

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Total Estimated Debt

  • Total Estimated Debt
  • Available Equity
Access the complete Mortgage and Equity Analysis for 517 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
Dec 21, 2022 Confidence Score: 99%

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High
Rental Value Estimate ATTOM
Dec 25, 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.