When was 250 Route 23, Franklin, NJ last sold?

The most recent recorded sale was in 2021 for $990,000.

What is the assessed value of 250 Route 23, Franklin, NJ?

The total municipal assessment is $1,026,000 (land plus improvements).

What is 250 Route 23, Franklin, NJ worth?

Our model estimates a market value of $1,656,256, derived from comparable recorded sales nearby.

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250 Route 23

Franklin, NJ·Sussex County

Estimated market value

$1,656,256

high confidence

range $1,456,628 – $1,855,884

Assessment-implied: $1,141,903; Director's Ratio 0.8985 (2025)
Comparable sales: 1 (below threshold)

Last sale

$990,000

9/22/2021 · SR1A 2022

1 other property share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

1979

Building size

1,800 sq ft

Lot size

0.57 ac

Land description

.574 AC

Building description

RETAIL

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$1,026,000

Land value

$430,500

Improvement value

$595,500

Last year's tax

$27,026

Last MOD-IV sale

$990,000

MOD-IV deed date

8/13/2021

Owner

Current Owner

643 Athlone Terr
River Vale, NJ 07675

Sales history

8/13/2021$990,000
SR1A 2022Bk 3606 / Pg 715
3/2/2018$1
MOD-IV (Rutgers)Bk 3475 / Pg 957
8/13/1997$1
MOD-IV (Rutgers)Bk 2233 / Pg 318

Date	Price	Book / Page	Source
8/13/2021	$990,000	3606 / 715	SR1A 2022
3/2/2018	$1	3475 / 957	MOD-IV (Rutgers)
8/13/1997	$1	2233 / 318	MOD-IV (Rutgers)

Deeds

Properties on Route 23

Properties on Block 1101

Frequently asked

When was 250 Route 23, Franklin, NJ last sold?: The most recent recorded sale was in 2021 for $990,000.
What is the assessed value of 250 Route 23, Franklin, NJ?: The total municipal assessment is $1,026,000 (land plus improvements).
What is 250 Route 23, Franklin, NJ worth?: Our model estimates a market value of $1,656,256, derived from comparable recorded sales nearby.
What kind of property is 250 Route 23, Franklin, NJ?: It is a Commercial Property.

1906·block 1101·lot 3

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250 Rt 23

Address	Sold	Price
399 Rt 23	2/21/2025	$350,000

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