$540,000
SOLD MAR 12, 2025

1 Champlain Way Franklin Park, NJ 08823

3 Beds
3 Baths
-- Sq Ft
0.52 Acres

Recently Sold

20% Above List Price

42 Days on Market

About This Home

As of June 2025

This home is located at 1 Champlain Way, Franklin Park, NJ 08823 and is currently priced at $540,000. 1 Champlain Way is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Guidepost Montessori at Kendall Park.

Last Agent to Sell the Property

Sharon Harmon

KELLER WILLIAMS ELITE REALTORS Brokerage Phone: 732-549-1998 Listed on: 01/07/2025

KELLER WILLIAMS ELITE REALTORS

Last Buyer's Agent

NANCY MEJIA

KELLER WILLIAMS ELITE REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,646

Lot Details

  • 0.52 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,646

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 1
  • I D: 5331838
  • Modified: 2025-03-13
  • Number Images: 1
  • Attribution Contact: 732-549-1998
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .52 ACRES
  • Total Acres: 0.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2025
Closed on
Jun 10, 2025
Sold by
Rawea Management Llc
Bought by
Chawdhary Samar and Pal Priyanka Parasnath
Seller's Agent
Charanjeet Kaur
KELLER WILLIAMS ELITE REALTORS
List Price
$775,000
Sold Price
$788,000
Premium/Discount to List
$13,000
1.68%
Views
55
Current Estimated Value
$761,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,872
Avg. Annual Appreciation
-11.65%
Original Mortgage
$708,000
Outstanding Balance
$705,875
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$55,253

Purchase Details

Listed on
Jan 7, 2025
Closed on
Mar 7, 2025
Sold by
Kusmick Brock Wayne and Kusmick Jeffrey W
Bought by
Rawea Management Llc
Seller's Agent
Sharon Harmon
KELLER WILLIAMS ELITE REALTORS
Buyer's Agent
NANCY MEJIA
KELLER WILLIAMS ELITE REALTORS
List Price
$449,000
Sold Price
$540,000
Premium/Discount to List
$91,000
20.27%
Views
224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
353.45%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $788,000 Fidelity National Title
Bargain Sale Deed $788,000 Fidelity National Title
Deed $540,000 Providence Abstract
Deed $540,000 Providence Abstract
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $708,000 New Conventional
Closed $708,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Sold $788,000 +1.7% $410 / Sq Ft
04/22/2025 04/22/25 For Sale $775,000 +43.5% $403 / Sq Ft
03/12/2025 03/12/25 Sold $540,000 +20.3% --
02/18/2025 02/18/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $449,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,646 $615,700 $292,600 $323,100
2024 $9,646 $535,000 $292,600 $242,400
2023 $9,418 $490,000 $247,600 $242,400
2022 $9,390 $463,000 $220,600 $242,400
2021 $9,225 $418,000 $175,600 $242,400
2020 $9,239 $409,000 $166,600 $242,400
2019 $9,148 $400,000 $157,600 $242,400
2018 $8,942 $387,100 $139,600 $247,500
2017 $8,768 $378,100 $130,600 $247,500
2016 $8,739 $373,600 $126,100 $247,500
2015 $8,574 $369,100 $121,600 $247,500
2014 $8,456 $369,600 $120,700 $248,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Charanjeet Kaur

    KELLER WILLIAMS ELITE REALTORS

    (732) 762-3632

    6 in this area

    52 Total Sales

    Charanjeet Kaur
    Section Image
  • Sharon Harmon

    Seller's Agent in 2025

    Sharon Harmon

    KELLER WILLIAMS ELITE REALTORS

    (732) 397-6281

    7 in this area

    98 Total Sales

    Sharon Harmon
    Section Image

  • N

    Buyer's Agent in 2025

    NANCY MEJIA

    KELLER WILLIAMS ELITE REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3940621

Garden State MLS

APN: 08-00020-05-00017

New Jersey Somerset County Franklin Park 08823

1 Champlain Way, Franklin Park, NJ

This home is located at 1 Champlain Way, Franklin Park, NJ 08823 and is currently priced at $540,000. 1 Champlain Way is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Guidepost Montessori at Kendall Park.

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