What is the assessed value of 100 Route 23, Franklin, NJ?

The total municipal assessment is $8,672,500 (land plus improvements).

What is 100 Route 23, Franklin, NJ worth?

Our model estimates a market value of $9,652,198, derived from comparable recorded sales nearby.

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100 Route 23

Franklin, NJ·Sussex County

Estimated market value

$9,652,198

moderate confidence

range $8,204,368 – $11,100,028

Assessment-implied: $9,652,198; Director's Ratio 0.8985 (2025)
Comparable sales: 1 (below threshold)

Based on 1 comparable sale

Address	Sold	Price
190 Munsonhurst Rd	9/2/2025	$2,850,000

Last sale

—

24 other properties share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

1975

Building size

—

Lot size

5.62 ac

Land description

5.618 AC

Building description

RETL STRIPMALL

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$8,672,500

Land value

$3,160,100

Improvement value

$5,512,400

Last year's tax

$228,438

Last MOD-IV sale

—

MOD-IV deed date

—

Owner

Current Owner

50 Packanack Lake Rd
Wayne, NJ 07470

Sales history

No sale records on file.

Deeds

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

Properties on Route 23

Properties on Block 1601

Frequently asked

What is the assessed value of 100 Route 23, Franklin, NJ?: The total municipal assessment is $8,672,500 (land plus improvements).
What is 100 Route 23, Franklin, NJ worth?: Our model estimates a market value of $9,652,198, derived from comparable recorded sales nearby.
What kind of property is 100 Route 23, Franklin, NJ?: It is a Commercial Property.

1906·block 1601·lot 15

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100 Rt 23

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