106 Magellan Way Franklin Park, NJ 08823
Estimated Value: $718,702 - $786,000
--
Bed
--
Bath
2,212
Sq Ft
$346/Sq Ft
Est. Value
About This Home
This home is located at 106 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $765,176, approximately $345 per square foot. 106 Magellan 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2002
Sold by
Greco David
Bought by
Gordon Donald and Gordon Patricia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$110,011
Interest Rate
6.82%
Estimated Equity
$655,165
Purchase Details
Closed on
Jul 24, 1991
Sold by
K Hovnanian Real Estate Investment
Bought by
Baran Lewis
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gordon Donald | $333,000 | -- | |
| Baran Lewis | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gordon Donald | $260,000 |
Source: Public Records
Tax History Compared to Growth
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 | $10,589 | $685,500 | $292,400 | $393,100 |
| 2024 | $10,589 | $587,300 | $292,400 | $294,900 |
| 2023 | $10,375 | $539,800 | $244,900 | $294,900 |
| 2022 | $10,369 | $511,300 | $216,400 | $294,900 |
| 2021 | $10,236 | $463,800 | $168,900 | $294,900 |
| 2020 | $10,263 | $454,300 | $159,400 | $294,900 |
| 2019 | $10,173 | $444,800 | $149,900 | $294,900 |
| 2018 | $9,836 | $425,800 | $130,900 | $294,900 |
| 2017 | $9,654 | $416,300 | $121,400 | $294,900 |
| 2016 | $9,625 | $411,500 | $116,600 | $294,900 |
| 2015 | $9,450 | $406,800 | $111,900 | $294,900 |
| 2014 | $9,285 | $405,800 | $110,900 | $294,900 |
Source: Public Records
Map
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