42 Franklin Pl
Summit, NJ 07901
- 4 Beds
- 2 Baths
- 2,430 sqft (on 0.31 acres)
4 Beds
2 Baths
2,430 sqft
(on 0.31 acres)
Local Information
-- mins to
Description
4 minute walk to train 2nd and third floor of 2 family, 4 BR, 1.5 baths, hardwood floors, eat in kitchen, formal dining room. can accommodate a baby grand piano, W/D in Unit
42 Franklin Pl, Summit, NJ 07901 is a 4 bedroom, 2 bathroom, 2,430 sqft multi-family built in 1898. It last sold for $292,500 on Aug 12, 1999. More recently, it was listed as a rental in November 2015 with an asking price of $2,595 per month. That rental listing was removed on December 26, 2015. It is currently off market. The Trulia Estimate is $1,080,700, with a rent estimate of $4,087/month.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 42 Franklin Pl
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Levels, Entrance, & Accessibility Stories: 2 |
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Year Built Year Built: 1898 |
Property Type / Style Property Type: Multi Family |
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Exterior Home Features Exterior: Wood |
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Units in Building: 2 |
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Lot Area: 0.31 acres |
Price History for 42 Franklin Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 12/26/2015 | $2,595 | ListingRemoved | Agent Provided |
| 11/19/2015 | $2,595 | Listed For Rent | Agent Provided |
| 05/28/2015 | $2,295 | ListingRemoved | Agent Provided |
| 05/17/2015 | $2,295 | PriceChange | Agent Provided |
| 05/07/2015 | $2,395 | Listed For Rent | Agent Provided |
| 12/24/2014 | $2,250 | ListingRemoved | Agent Provided |
| 12/22/2014 | $2,250 | PriceChange | Agent Provided |
| 12/04/2014 | $2,300 | Listed For Rent | Agent Provided |
| 08/12/1999 | $292,500 | Sold | N/A |
| 10/11/1994 | $212,500 | Sold | N/A |
Market trends in Summit
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
38
5MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $10,559 |
| Assessment | $242,400 |
Home facts updated by county records
Comparable Sales for 42 Franklin Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.11 | Multi-Family Home | $800,000 | 09/16/25 | 6 | 3 | 2,290 | |
0.36 | Multi-Family Home | $1,200,000 | 02/20/26 | - | - | ||
0.60 | Multi-Family Home | $990,000 | 01/30/26 | - | - | ||
0.16 | Multi-Family Home | $620,000 | 10/16/25 | - | - | ||
0.84 | Multi-Family Home | $821,000 | 10/28/25 | - | - | ||
2.28 | Multi-Family Home | $2,200,000 | 07/18/25 | 2 | 1 | 2,056 | |
1.05 | Multi-Family Home | $950,000 | 12/01/25 | - | - | ||
1.29 | Multi-Family Home | $1,510,000 | 03/13/26 | - | - | ||
1.81 | Multi-Family Home | $715,000 | 05/27/26 | - | - | ||
3.60 | Multi-Family Home | $775,000 | 04/09/26 | 3 | 2 | 1,613 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 42 Franklin Pl.
What Locals Say about Summit
At least 243 Trulia users voted on each feature.
91 % Say it's dog friendly
82 % Say people would walk alone at night
82 % Say there's holiday spirit
79 % Say car is needed
76 % Say it's walkable to restaurants
75 % Say kids play outside
74 % Say yards are well-kept
73 % Say parking is easy
71 % Say it's quiet
70 % Say there are sidewalks
66 % Say they plan to stay for at least 5 years
62 % Say streets are well-lit
61 % Say there's wildlife
61 % Say there are community events
58 % Say neighbors are friendly
42 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
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