NOT LISTED FOR SALE

11 Franklin School Way Metuchen, NJ 08840

Estimated Value: $502,000 - $628,000

2 Beds
2 Baths
1,326 Sq Ft
784 Sq Ft Lot

Last Sold March 31, 2022

Last sale price $470,000 $354 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,745/month

68 Days on Market

Highlights

  • Custom Home
  • Property is near public transit
  • Eat-In Kitchen
  • Campbell Elementary School Rated A-
  • Formal Dining Room
  • 5-minute walk to Middlesex Greenway

About This Home

As of March 2022

Don't Miss Out On This Amazing Opportunity To Own A Freshly Painted Upstairs Unit In Franklin School Way. Enter Into This Home With Spacious Open Layout, Oversized Family Room, Large Dining Area, Modern Kitchen For The Chef. Kitchen Features Newer Ss Appliances, Tons Of Storage And Cooking Space. Master Suite Includes Huge Closet And Full Bathroom, Lots Of Natural Light, And Brand New Carpet Throughout. Near Transportation And Highways, Approx. 1/2 Mile To Downtown Metuchen And Train Station

Last Agent to Sell the Property

Debbie Nessim

RE/MAX COMPETITIVE EDGE Listed on: 01/22/2022

RE/MAX COMPETITIVE EDGE

Co-Listed By

Dorothy Winhold

RE/MAX COMPETITIVE EDGE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,640

Year Built

  • Built in 2002

Lot Details

  • 784

Parking

  • On-Site Parking

Home Design

  • Custom Home
  • Asphalt Roof

Interior Spaces

  • 1,326 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, insurance, snow removal, trash
  • Franklin Square Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $346

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,640

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Co List Office Mls Id: RECE04
  • Ownership: Condominium
  • Subdivision Name: Franklin Square
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2nd Floor
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Custom Development
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower, Tub Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Eat-in Kitchen
  • Room Bedroom2 Area: 153
  • Room Living Room Area: 373.375
  • Room Kitchen Area: 82.5
  • Master Bedroom Master Bedroom Width: 13.666666
  • Room Master Bedroom Area: 305.222222
  • Room Dining Room Area: 107.916666
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl-Linoleum
  • Interior Amenities: 2 Bedrooms, Bath Main, Dining Room, Kitchen, Living Room
  • Living Area: 1326
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Near Shopping, Near Train
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Site

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, Insurance, Snow Removal, Trash

Lot Info

  • Zoning: F1

Multi Family

  • Maintenance Expense: 346

Tax Info

  • Tax Annual Amount: 8640
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2012
Sold by
Patel Samir and Patel Seema
Bought by
Patel Samir and Patel Seema
Current Estimated Value
$552,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Outstanding Balance
$22,789
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$529,584

Purchase Details

Closed on
Apr 18, 2002
Sold by
Franklin Square Devt
Bought by
Patel Samir and Patel Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,050
Interest Rate
7%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Patel Samir -- None Available
Patel Samir $241,895 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Samir $137,000
Previous Owner Patel Samir $227,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $470,000 0.0% $354 / Sq Ft
01/22/2022 01/22/22 For Sale $470,000 -- $354 / Sq Ft
Source: All Jersey 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 $9,654 $138,800 $24,600 $114,200
2024 $9,330 $138,800 $24,600 $114,200
2023 $9,330 $138,800 $24,600 $114,200
2022 $8,843 $138,800 $24,600 $114,200
2021 $8,640 $138,800 $24,600 $114,200
2020 $8,526 $138,800 $24,600 $114,200
2019 $8,103 $138,800 $24,600 $114,200
2018 $8,254 $138,800 $24,600 $114,200
2017 $8,150 $138,800 $24,600 $114,200
2016 $8,009 $138,800 $24,600 $114,200
2015 $7,831 $138,800 $24,600 $114,200
2014 $7,635 $138,800 $24,600 $114,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2250923M

All Jersey MLS

APN: 09-00085-01-00001-0000-C0081