When was 389 Route 23, Franklin, NJ last sold?

The most recent recorded sale was in 2001 for $235,000.

What is the assessed value of 389 Route 23, Franklin, NJ?

The total municipal assessment is $389,000 (land plus improvements).

What is 389 Route 23, Franklin, NJ worth?

Our model estimates a market value of $432,944, derived from comparable recorded sales nearby.

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389 Route 23

Franklin, NJ 07416·Sussex County

Estimated market value

$432,944

moderate confidence

range $368,002 – $497,885

Assessment-implied: $432,944; Director's Ratio 0.8985 (2025)
Comparable sales: 1 (below threshold)

Based on 1 comparable sale

Address	Sold	Price
395 Rt 23	2/21/2025	$150,000

Last sale

$235,000

9/21/2001 · MOD-IV (Rutgers)

Property

Type

Commercial

Tax class

Commercial

Year built

1940

Building size

1,910 sq ft

Lot size

0.15 ac

Land description

.149 AC

Building description

FLORIST

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$389,000

Land value

$187,300

Improvement value

$201,700

Last year's tax

$10,178

Last MOD-IV sale

$235,000

MOD-IV deed date

9/21/2001

Owner

Current Owner

389 Rt 23
Franklin, NJ 07416

Sales history

9/21/2001$235,000
MOD-IV (Rutgers)Bk 2576 / Pg 209

Date	Price	Book / Page	Source
9/21/2001	$235,000	2576 / 209	MOD-IV (Rutgers)

Deeds

No deeds on file. Click Fetch metadata to pull the title chain from the county clerk.

Properties on Route 23

Properties on Block 1007

Frequently asked

When was 389 Route 23, Franklin, NJ last sold?: The most recent recorded sale was in 2001 for $235,000.
What is the assessed value of 389 Route 23, Franklin, NJ?: The total municipal assessment is $389,000 (land plus improvements).
What is 389 Route 23, Franklin, NJ worth?: Our model estimates a market value of $432,944, derived from comparable recorded sales nearby.
What kind of property is 389 Route 23, Franklin, NJ?: It is a Commercial Property.

1906·block 1007·lot 2

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389 Rt 23

389 Route 23, Franklin, NJ — owner, sales, deeds · ElasticParcel