71 Franklin Pl, Summit, NJ 07901
OFF MARKET

$1,415,600

Trulia Estimate
  • 3 Beds
  • 3.5 Baths

71 Franklin Pl, Summit, NJ 07901

Est. Refi. Payment $9,651/mo*
Refinance Your Home
Currently Off Market - Sold Jun 9, 2021 for $1,252,500

Home Value

Trulia Estimate
$1.42M
Since last month
Increased$17K (+1.2%)
Since last year
Increased$57K (+4.2%)
Since last sale
Increased$163K (+13%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +29% in the last 10 years
MonthEstimated value
2026
August 2026$1.42M
August 2026$1.41M
July 2026$1.4M
June 2026$1.42M
May 2026$1.43M
April 2026$1.38M
March 2026$1.44M
February 2026$1.39M
January 2026$1.37M
2025
2024
2023
2022
2021

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
50 New England Ave #1H, Summit, NJ
0.61
Townhouse
$1,275,000
09/26/25
2
2.5
2,320
24 Gates Ave #A-1, Summit, NJ
1.00
Townhouse
$1,250,000
11/19/25
5
4.5
-
1803 Park Pl, Springfield, NJ
2.87
Townhouse
$570,000
03/10/26
4
3.5
-
4B Foley Sq, New Providence, NJ
2.94
Townhouse
$920,000
04/21/26
3
3.5
-
981 Valley St #3, Vauxhall, NJ
3.33
Townhouse
$440,000
10/10/25
2
2.5
1,173
2 Ambrosia Ct #202, Livingston, NJ
3.92
Townhouse
$787,000
09/16/25
3
4
1,935
206 Main St, Millburn, NJ
2.49
Townhouse
$340,000
01/30/26
1
1
-
60 Brandywyne Dr, Florham Park, NJ
3.49
Townhouse
$400,000
03/06/26
1
1.5
940
305 Binghampton Ln, Livingston, NJ
3.71
Townhouse
$999,000
12/31/25
3
2.5
-
701 Regal Blvd #135, Livingston, NJ
3.62
Townhouse
$700,000
09/15/25
2
2
-

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
82 Franklin Pl #9, Summit, NJ 07901
0.03
$1,068,500
2
3
-
Off Market
82 Franklin Pl #10, Summit, NJ 07901
0.03
$1,060,600
2
3
-
Off Market
1 Irving Pl, Summit, NJ 07901
0.03
$1,025,000
4
3
-
Recently Sold
82 Franklin Place G #2, Summit, NJ 07901
0.03
$1,735,100
3
4
-
Off Market
21 Ruthven Pl, Summit, NJ 07901
0.08
$2,355,100
5
4
-
Off Market
1 Waldron Ave, Summit, NJ 07901
0.12
$1,719,100
4
3
-
Off Market
10 Waldron Ave, Summit, NJ 07901
0.17
$1,926,000
4
4
-
Recently Sold
31 Hobart Ave, Summit, NJ 07901
0.17
$2,111,100
4
3
-
Off Market
7 De Bary Pl, Summit, NJ 07901
0.18
$2,159,000
5
4
-
Off Market
25 Walnut St, Summit, NJ 07901
0.18
$651,000
Studio
-
-
Off Market
19-21 WALNUT ST, Summit, NJ 07901
0.18
$960,700
Studio
-
-
Off Market
133 Summit Ave #16, Summit, NJ 07901
0.23
$390,000
1
1
-
Recently Sold

Local Information

  • Map ViewExplore the area around 71 Franklin Pl.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Year Built
2016

About this House

Sophisticated living in downtown, steps to the lively streets filled with restaurants & shops. The train station is a quick walk, making commuting a breeze. Enjoy outdoor space, a rare opportunity to cherish. With a patio & fenced backyard, this townhouse is unique. Inside, find a versatile floor plan with parlor that can be used as a sitting room or office, an open kitchen with island, dining area & family room for easy living & entertaining. Upstairs, three generous bedrooms with a primary suite with two custom outfitted walk-in closets, en suite bathroom w/double vanity. Custom blinds throughout. Double closets in the other two bedrooms that share a hall bath with double vanity. The basement is not to be missed, with a full recreation room, bathroom, laundry room with built-in cabinetry. A rare find.
71 Franklin Pl, Summit, NJ 07901 is a 3 bedroom, 4 bathroom townhouse built in 2016. It last sold for $1,252,500 on Jun 9, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,415,600, with a rent estimate of $5,394/month.

Home Details for 71 Franklin Pl

Exterior Features

Exterior Home Features
Roof: AsphaltPatio

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: Townhouse

Interior Features

Appliances & Utilities
DishwasherDisposalDryerMicrowave
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Tile, Hardwood, Laminate

Lot Information

Lot Area: 5706 sqft

Price and Tax history

DateEventPrice
Jun 29, 2023
Source: GSMLS #3708409
ListingRemoved
Jun 9, 2021
Source: GSMLS #3708409
Sold
$1,252,500
Apr 29, 2021
Source: GSMLS #3708409
Listed For Sale
$1,100,000

Market trends in Summit

Last updated July 2026
Buyer'sMarketSeller'sMarket
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.
  • Sfeoli34
    "There are alot of couples with young children so its nice if you have a family or starting one. Its a dog friendly neighborhood and we do block parties etc.. Yet its pretty quiet. Park near bye. "
    1
    Flag
  • Elliotwilbur
    "Great place to raise a family. Public school system is excellent. Numerous commuting options to Manhattan. "
    1
    Flag
  • maria08827
    "It’s very nice, clean and safe . Everyone is nice and friendly! It has a beautiful safe park across the street which is very clean and active. Also close to everything!"
    1
    Flag
  • Anita
    "Summit is a charming town where practical meets comfort. The community is friendly and diverse. Lots of families, singles and dogs. "
    8
    Flag
  • Davidthompsonjr
    "Easy ride to train station and best commuter line in nj. Penn station is crappy but if you can do ferry from hoboken it’s nice."
    2
    Flag
  • Pololas2019
    "the people walk the dogs and is a really nice neighborhood to live i recommended to buy a house in this area "
    1
    Flag
  • Unspecified
    "People take pride in their homes. Family friendly. Very safe. Lived here for 2 years, so happy with the community. "
    1
    Flag
  • Davidthompsonjr
    "Nice town, ppl, and amenities. Great schools and good place to raise your kids. Express trains to the city, makes a difference relative to other areas in nj. "
    0
    Flag
  • Davidthompsonjr
    "Great town to raise a family. Close to best nj commute. Good restaurants in town. Good access to highways. "
    2
    Flag
  • Marcelo N.
    "I love summit best city to live in, respectful people, clean , no crime , no racism or classism . Just a wonderful city"
    0
    Flag
  • Mary T. Z.
    "Street Fairs are very nice in this town. The farmers market is great too! Events at the playhouse are wonderful."
    3
    Flag
  • Randall.lauren
    "This is a very family friendly neighborhood. The restaurants, coffee shops, parks and other amenities are all well suited to families. "
    3
    Flag
  • Samantha Q.
    "We have festivals, block parties, concerts and movie nights in the park. Our neighbors are always outside going for walks, our kids always find other kids to play with!"
    2
    Flag
  • Slong0717
    "Bike parades, kids events. Amazing downtown area. Lots of activities for kids. Easy to commute to NYC. "
    2
    Flag
  • Scott H.
    "There are a lot of dogs around and most are friendly. I wish there was a space for them to run off lead. "
    2
    Flag
  • Rehav
    "less than 10 mins walk to train that goes right to nyc. 3 min drive to get onto Routes 24 and 78. Cant be beat!!"
    2
    Flag
  • EF
    "Lots of friendly dogs and owners to walk with. Park nearby. Quiet streets. Fun dog store in downtown summit. "
    0
    Flag
  • Melissa C.
    "what dog owners like about his neighborhood would be that the doggies would meet other doggies and get along quite nicely and the backyards very spacious "
    0
    Flag
  • Thayesmail
    "Great family neighborhood. Great schools. Great recreation program. Convenient commute to NYC & Airport. "
    0
    Flag
  • layton m.
    "Great, direct line into New York City makes it a quick, convenient and easy commute. I think it’s the best commute into nyc in New Jersey"
    4
    Flag
  • Jhuneke
    "We are in a surprisingly quiet block, despite being on a major thoroughfare, and close to downtown, train station. "
    1
    Flag
  • Laura
    "It’s safe, clean and easy commute to the city, mountains or beach. Very centrally locates. Love it here. Just wish it wasn’t so expensive in this area!!"
    2
    Flag
  • Samantha H.
    "Kind people who are always willing to help each other. Access to fields, train, and walking to downtown. Kids all walk to school. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 71 Franklin Pl

  • What is 71 Franklin Pl estimated to be worth?
    Trulia's estimated value for 71 Franklin Pl in Summit, NJ is $1,415,600.
  • What is the price history for 71 Franklin Pl?
    71 Franklin Pl in Summit, NJ last sold for $1,252,500 in June 2021.
  • 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.

Explore by feature - Pet Friendly

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