- 2 Beds
- 1 Bath
- 1,200 sqft
54 Franklin Pl #2, Summit, NJ 07901
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Apartment | $953,750 | 05/13/26 | 2 | 2 | 1,611 | |
0.81 | Apartment | $385,000 | 06/05/26 | 2 | 1 | 969 | |
0.38 | Apartment | $399,000 | 03/09/26 | 2 | 2 | - | |
0.48 | Apartment | $515,000 | 12/19/25 | 4 | 1 | - | |
1.86 | Apartment | $295,000 | 07/01/26 | 1 | 1 | 800 | |
2.14 | Multi-Family Home | $998,400 | 02/20/26 | 2 | 1 | - | |
1.83 | Apartment | $300,000 | 02/09/26 | 1 | 1 | 700 | |
2.27 | Apartment | $896,995 | 01/29/26 | 2 | 1.5 | 1,875 | |
2.79 | Apartment | $1,300,000 | 07/20/26 | 2 | 2 | 3,299 | |
4.50 | Apartment | $900,000 | 02/05/26 | 2 | 2 | 1,100 |
Home facts updated by county records
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $1,025,000 | 4 | 3 | - | Recently Sold | |
0.04 | $1,741,500 | 3 | 4 | - | Off Market | |
0.06 | $1,068,500 | 2 | 3 | - | Off Market | |
0.06 | $1,060,600 | 2 | 3 | - | Off Market | |
0.10 | $2,355,100 | 5 | 4 | - | Off Market | |
0.14 | $960,700 | Studio | - | - | Off Market | |
0.14 | $651,000 | Studio | - | - | Off Market | |
0.17 | $2,111,100 | 4 | 3 | - | Off Market | |
0.16 | $1,719,100 | 4 | 3 | - | Off Market | |
0.21 | $948,000 | 3 | 2 | - | Off Market | |
0.21 | $2,159,000 | 5 | 4 | - | Off Market | |
0.21 | $1,926,000 | 4 | 4 | - | Recently Sold |
Local Information
-- mins to
Home Highlights
Apartment
Built in 1907
1,200 sqft
About this House
This apartment is located at 54 Franklin Pl #2, Summit, NJ. 54 Franklin Pl #2 is in Summit, NJ and in ZIP code 07901. This property has 2 bedrooms, 1 bathroom and approximately 1,200 sqft of floor space. This property was built in 1907.
54 Franklin Pl #2, Summit, NJ 07901 is a 2 bedroom, 1 bathroom, 1,200 sqft apartment built in 1907. More recently, it was listed as a rental in November 2025 with an asking price of $2,995 per month. That rental listing was removed on November 13, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $3,308/month.
Home Details for 54 Franklin Pl #2
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDryerMicrowaveWasher |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Hardwood |
Interior Details Ceiling Fan |
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Year Built Year Built: 1907 |
Property Type / Style Property Type: Apartment |
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Parking & Garage Parking Spaces: 2Parking: Off Street |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 13, 2025 Source: GSMLS #3996077 | ListingRemoved | $2,995 |
Nov 4, 2025 Source: GSMLS #3996077 | Listed For Rent | $2,995 |
Jun 13, 2023 Source: GSMLS #3847646 | ListingRemoved | |
Jun 6, 2023 Source: GSMLS #3847646 | Listed For Rent | $2,850 |
Sep 9, 2022 Source: Local MLS | ListingRemoved | |
Aug 27, 2022 Source: Local MLS #3804177 | Listed For Rent | $2,800 |
Apr 9, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Apr 5, 2021 Source: Zillow Rental Manager | Listed For Rent | $2,495 |
Market trends in Summit
Last updated July 2026
Avg. sale price
$1.49M
$193KMoM
Sale-to-List Price
—
Price per sq ft
$719
Available listings
33
5MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 54 Franklin Pl #2
- Is Summit a buyer's or seller's market?Summit is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Summit?The median sale price in Summit is $1.49M. That is up $193K from the prior month.
- What do residents say about Summit?Residents describe Summit, NJ as dog-friendly, walkable to restaurants, and well-kept. See recently sold homes in Summit, NJ.
- What are the closest schools to 54 Franklin Pl #2?The closest schools to 54 Franklin Pl #2 in Summit, NJ are Jefferson Primary Center (Pre-K), L C Johnson Summit Middle School (rated 8/10), Lincoln Hubbard Elementary School (rated 9/10).
- Does 54 Franklin Pl #2 have air conditioning?Yes, 54 Franklin Pl #2 in Summit, NJ has air conditioning.
- Does 54 Franklin Pl #2 have laundry facilities?Yes, 54 Franklin Pl #2 in Summit, NJ has in-unit laundry.

