NOT LISTED FOR SALE

1 Gregory Ln Unit A2 Franklin Park, NJ 08823

Estimated Value: $376,000 - $387,955

2 Beds
2 Baths
-- Sq Ft
$261/mo HOA Fee

Last Sold September 02, 2021

Last sale price $260,000

Est. 48% increase in value since last sale

Current estimated payment $2,768/month

18 Days on Market

Highlights

  • Private Pool
  • Deck
  • L-Shaped Dining Room
  • Clubhouse
  • Attic
  • Tennis Courts

About This Home

As of September 2021

Sunny Second Floor Penthouse Condo- This 2 Bedroom home feature a large Living Room with Fireplace, Eat-In Kitchen and more. Conveniently located close to shopping public transportation and more.

Last Agent to Sell the Property

Joseph G Buono

RE/MAX DIAMOND REALTORS Listed on: 06/17/2021

RE/MAX DIAMOND REALTORS

Last Buyer's Agent

JANE CHEN

HUTCHINSON HOMES REAL ESTATE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,078

Year Built

  • Built in 1992

Lot Details

  • 697

HOA Fees

  • $261 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Blinds
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Wall to Wall Carpet
  • Front Basement Entry
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Lot

Schools

  • Hillcrest Elementary School
  • Franklin Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Deck
  • Cul-De-Sac

Listing and Financial Details

  • Assessor Parcel Number 2708-00020-0003-00009-0003-C2702
  • Tax Block *

Community Details

Overview

  • Association fees include snow removal, trash collection

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,078

Year Built

Built in 1992

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1992
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 1
  • Directions: Rt 27 To South Middlebush Road to Arthur Glick to right on Gregory
  • I D: 5081807
  • Modified: 2022-09-03
  • Number Images: 11
  • Section Subdiv Development: Society Hill VI
  • First Name: JOSEPH G.
  • First Name3: JANE
  • Last Name: BUONO
  • Last Name3: CHEN
  • Office Phone: 732-297-1100
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Second
  • Dining Area: Dining L
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: Second
  • Living Room Level: Second
  • Level 1 Rooms: Entrance Vestibule
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Laundry Room, Living Room
  • Level 3 Rooms: Attic
  • Phone: 732-297-1100

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Curbs, Deck, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Blacktop, Parking Lot-Shared

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 261
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Snow Removal, Trash Collection

Schools

  • Elementary School: HILLCREST
  • Middle School: FRANKLIN
  • High School: FRANKLIN
  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Assessed Improvement Value: 164800
  • Assessed Land Value: 70000
  • Assessment: 234800
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 9.03
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Rental Info

  • Application Fee: 750
  • Pets Allowed: BreedRst

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5078
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00020-0003-00009-0003-C2702
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.259
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: HILLCREST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 12, 2021
Sold by
Roe Monte and Mccan Ann Marie
Bought by
Sewer Sylvia
Seller's Agent
Joseph G Buono
RE/MAX DIAMOND REALTORS
Buyer's Agent
JANE CHEN
HUTCHINSON HOMES REAL ESTATE LLC
List Price
$254,900
Sold Price
$260,000
Premium/Discount to List
$5,100
2%
Current Estimated Value
$383,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,739
Avg. Annual Appreciation
9.93%
Original Mortgage
$208,000
Outstanding Balance
$189,136
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$194,603

Purchase Details

Closed on
Apr 17, 2007
Sold by
Oscar Cheryl L
Bought by
Roe Monte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,369
Interest Rate
6.18%
Mortgage Type
VA

Purchase Details

Closed on
Jul 22, 1993
Sold by
K Hovnanian @ Somerset Vi Inc
Bought by
Oscar Cheryl L
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Sewer Sylvia $260,000 Title Authority Llc
Roe Monte $245,100 None Available
Oscar Cheryl L $109,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sewer Sylvia $208,000
Previous Owner Roe Monte $250,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $260,000 +2.0% --
07/05/2021 07/05/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $254,900 -- --
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 $5,676 $369,600 $150,000 $219,600
2024 $5,676 $314,800 $150,000 $164,800
2023 $5,666 $294,800 $130,000 $164,800
2022 $5,269 $259,800 $95,000 $164,800
2021 $5,182 $234,800 $70,000 $164,800
2020 $5,078 $224,800 $60,000 $164,800
2019 $4,912 $214,800 $50,000 $164,800
2018 $4,403 $190,600 $30,000 $160,600
2017 $4,420 $190,600 $30,000 $160,600
2016 $4,458 $190,600 $30,000 $160,600
2015 $4,428 $190,600 $30,000 $160,600
2014 $4,361 $190,600 $30,000 $160,600
Source: Public Records

Agents Affiliated with this Home

  • Joseph G Buono

    Seller's Agent in 2021

    Joseph G Buono

    RE/MAX

    (732) 297-1100

    30 in this area

    141 Total Sales

    Joseph G Buono
    Section Image

  • J

    Buyer's Agent in 2021

    JANE CHEN

    HUTCHINSON HOMES REAL ESTATE LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3721458

Garden State MLS

APN: 08-00020-03-00009-03-C2702

New Jersey Somerset County Franklin Park 08823

1 Gregory Ln Unit A2, Franklin Park, NJ

This home is located at 1 Gregory Ln Unit A2, Franklin Park, NJ 08823 since 17 June 2021 and is currently estimated at $383,739. This property was built in 1992. 1 Gregory Ln Unit A2 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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