When was 393 Rt 23, Franklin Boro, NJ last sold?

The most recent recorded sale was in 2025 for $50,000.

What is the assessed value of 393 Rt 23, Franklin Boro, NJ?

The total municipal assessment is $226,800 (land plus improvements).

What is 393 Rt 23, Franklin Boro, NJ worth?

Our model estimates a market value of $252,421, derived from comparable recorded sales nearby.

What kind of property is 393 Rt 23, Franklin Boro, NJ?

MOD-IV classifies it as Commercial (class 4A). Year built: 1962.

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393 Rt 23, Franklin Boro, NJ — owner, sales, deeds · parceldata

393 Rt 23

Franklin Boro, NJ·Sussex County

1906·block 1007·lot 3

$252,421estimated value

Last sale

$50,000

2/21/2025 · SR1A 2025

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

Property

Type

Commercial

Tax class

Commercial

Year built

1962

Building size

648 sq ft

Lot size

0.10 ac

Land description

.102 AC

Building description

STORAGE

Dwelling / commercial units

—

Tax & Assessment

Net assessed value

$226,800

Land value

$175,500

Improvement value

$51,300

Last year's tax

$5,966

Last MOD-IV sale

$50,000

MOD-IV deed date

2/11/2025

Owner mailing address

710 TENNANT RD STE 302B
MANALAPAN, NJ 07726

Estimated market value

$252,421

range $214,558 – $290,284

moderate confidence

Assessment-implied: $252,421; Director's Ratio 0.8985 (2025)
Comparable sales: none in 36 months

Estimated value, last 11 years

2016: $80,202 → 2026: $252,421

dots are actual sale prices for this property

Sales history

2/21/2025$50,000
SR1A 2025
2/21/2025$50,000
taxrecords_nj

Bordering

200-ft notice list →

389 Rt 23
Lot 2·$389,000
395 Rt 23
Lot 4·$400,400
399 Rt 23
Lot 5.01·$848,000

Block 1007All of Block 1007 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 2,
  "portfolioKeys": {
    "fullKeys": [
      "710 TENNANT RD STE 302B MANALAPAN NJ 07726"
    ],
    "zipKeys": [
      "710 TENNANT RD STE 302B 07726"
    ]
  },
  "effective_unit_count": null,
  "effective_unit_count_source": "none"
}

MOD-IV

{
  "pams_pin": "1906_1007_3",
  "county_code": "19",
  "district_code": "06",
  "block": "1007",
  "lot": "3",
  "qualifier": "",
  "property_location": "393 RT 23",
  "property_class": "4A",
  "bldg_class": "17",
  "bldg_desc": "STORAGE",
  "land_desc": ".102 AC",
  "year_built": 1962,
  "living_sqft": 648,
  "dwelling_units": null,
  "comm_dwell": null,
  "land_value_cents": "17550000",
  "improvement_value_cents": "5130000",
  "net_value_cents": "22680000",
  "last_yr_tx_cents": "596619",
  "deed_date": "2025-02-11",
  "deed_book": "10364",
  "deed_page": "1635",
  "sale_price_cents": "5000000",
  "sales_code": null,
  "owner_mailing_street": "710 TENNANT RD STE 302B",
  "owner_mailing_city_state_zip": "MANALAPAN, NJ  07726",
  "mun_name": "FRANKLIN BORO",
  "calc_acre": "0.102000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "569",
  "fac_name": null,
  "centroid_lon": -74.5802780028474,
  "centroid_lat": 41.12122763750676
}

SR1A

[
  {
    "id": "4f554fde-082a-44a8-88fb-563da8886fa7",
    "property_id": null,
    "county_code": "19",
    "district_code": "06",
    "block": "1007",
    "lot": "3",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2025-02-11",
    "date_recorded": "2025-02-21",
    "sale_price_cents": "5000000",
    "sr1a_year": 2025,
    "source": "sr1a"
  },
  {
    "id": "77459da0-1541-42bf-a55e-2bb74430fa07",
    "property_id": "260f7af1-50bc-4218-9fe1-dfbb297229f6",
    "county_code": "19",
    "district_code": "06",
    "block": "1007",
    "lot": "3",
    "qualifier": "",
    "deed_book": "10364",
    "deed_page": "1635",
    "deed_date": "2025-02-11",
    "date_recorded": "2025-02-21",
    "sale_price_cents": "5000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "da9902e7-7896-425c-bbd3-20f8fdce9329",
    "property_id": "260f7af1-50bc-4218-9fe1-dfbb297229f6",
    "county_code": "19",
    "district_code": "06",
    "block": "1007",
    "lot": "3",
    "qualifier": "",
    "deed_book": "10364",
    "deed_page": "1635",
    "deed_date": "2025-02-11",
    "date_recorded": "2025-02-11",
    "sale_price_cents": "5000000",
    "sr1a_year": null,
    "source": "taxrecords_nj_owners"
  },
  {
    "id": "e34adc16-61bc-46e5-a941-7a93ae83fe09",
    "property_id": "260f7af1-50bc-4218-9fe1-dfbb297229f6",
    "county_code": "19",
    "district_code": "06",
    "block": "1007",
    "lot": "3",
    "qualifier": "",
    "deed_book": "1459",
    "deed_page": "350",
    "deed_date": "1986-12-31",
    "date_recorded": "1986-12-31",
    "sale_price_cents": "6580000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 393 Rt 23, Franklin Boro, NJ last sold?: The most recent recorded sale was in 2025 for $50,000.
What is the assessed value of 393 Rt 23, Franklin Boro, NJ?: The total municipal assessment is $226,800 (land plus improvements).
What is 393 Rt 23, Franklin Boro, NJ worth?: Our model estimates a market value of $252,421, derived from comparable recorded sales nearby.
What kind of property is 393 Rt 23, Franklin Boro, NJ?: MOD-IV classifies it as Commercial (class 4A). Year built: 1962.

Date	Price	Book / Page	Source
2/21/2025	$50,000	—	SR1A 2025
2/21/2025	$50,000	10364 / 1635	taxrecords_nj
2/11/2025	$50,000	10364 / 1635	taxrecords_nj_owners
12/31/1986	$65,800	1459 / 350	MOD-IV (Rutgers)