NOT LISTED FOR SALE

116 Edward Dr Unit D1 Franklin Park, NJ 08823

Estimated Value: $360,000 - $395,418

2 Beds
2 Baths
-- Sq Ft
697 Sq Ft Lot

Last Sold August 08, 2018

Last sale price $211,000

Est. 78% increase in value since last sale

Current estimated payment $2,425/month

63 Days on Market

Highlights

  • Eat-In Kitchen
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

MOVE IN READY UNIT OFFERS 2 BEDS, 2 BATHS. FRESH PAINT AND CARPETING. STAINLESS APPLIANCES. UPDATED BATHS. CONVENIENT GROUND FLOOR LOCATION! MUST SEE

Last Agent to Sell the Property

CHRISTIAN VEGA

REALTY EXECUTIVES EXCEPTIONAL Listed on: 04/10/2018

Last Buyer's Agent

JUDITH DONOVAN

NEXTHOME PREMIER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,162

Year Renovated

  • 2018

Lot Details

  • 697

Home Design

  • Updated or Remodeled
  • Brick Exterior Construction

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Common or Shared Parking
  • Shared Driveway

Additional Features

  • 1-Story Property
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2708-00034-0010-00059-0001-C0707

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,162

Year Renovated

2018

Lot Details

0

Listing Details

  • Style: One Floor Unit, First Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Directions: ROUTE 27 TO SO. MIDDLEBUSH ROAD, RIGHT ON EDWARD DRIVE.
  • I D: 4792704
  • Section Subdiv Development: SOCIETY HILL
  • First Name: CHRISTIAN
  • First Name3: JUDITH
  • Last Name: VEGA
  • Last Name3: DONOVAN
  • Office Phone: 973-575-6700
  • Office Phone3: 908 325-5000
  • Special Features: None
  • Property Sub Type: Condos
  • Year Renovated: 2018

Interior Features

  • Appliances: Range/Oven-Gas, Refrigerator, Microwave Oven
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Phone: 973-729-7141

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Common

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4162
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00034-0010-00059-0001-C0707
  • Tax Rate Amount: 2.262
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
Aug 9, 2018
Sold by
Arbe Assets Llc
Bought by
England Robert
Seller's Agent
CHRISTIAN VEGA
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
JUDITH DONOVAN
NEXTHOME PREMIER
List Price
$214,900
Sold Price
$211,000
Premium/Discount to List
-$3,900
-1.81%
Current Estimated Value
$376,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,355
Avg. Annual Appreciation
8.20%
Original Mortgage
$176,000
Outstanding Balance
$152,849
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$223,506

Purchase Details

Closed on
Aug 22, 2017
Sold by
Rahman Fared A and Society Vui Condonumum Vi
Bought by
Arbe Assets Llc

Purchase Details

Closed on
Jul 24, 2013
Sold by
Rahmaan Fareed A and Rahmaan Sylvia
Bought by
Budd Investments Group

Purchase Details

Closed on
May 30, 2008
Sold by
Statman Brian K and Statman Beth E
Bought by
Rahmaan Fareed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,425
Interest Rate
6.11%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 1990
Sold by
K Hovnanian At Somerset Vi Inc
Bought by
Statman Brian K and Statman Beth E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
England Robert $211,000 Stewart Title Guaranty Co
Arbe Assets Llc $1,480,000 None Available
Budd Investments Group $231,747 None Available
Rahmaan Fareed A $224,900 Multiple
Statman Brian K $97,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open England Robert $176,000
Previous Owner Rahmaan Fareed A $221,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2018 08/08/18 Sold $211,000 -1.8% --
06/12/2018 06/12/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $214,900 -- --
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 $5,413 $353,500 $140,000 $213,500
2024 $5,413 $300,200 $140,000 $160,200
2023 $5,385 $280,200 $120,000 $160,200
2022 $4,871 $240,200 $80,000 $160,200
2021 $4,749 $215,200 $55,000 $160,200
2020 $4,635 $205,200 $45,000 $160,200
2019 $4,579 $200,200 $40,000 $160,200
2018 $4,250 $184,000 $25,000 $159,000
2017 $4,267 $184,000 $25,000 $159,000
2016 $4,304 $184,000 $25,000 $159,000
2015 $4,274 $184,000 $25,000 $159,000
2014 $4,210 $184,000 $25,000 $159,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    CHRISTIAN VEGA

    REALTY EXECUTIVES EXCEPTIONAL

  • J

    Buyer's Agent in 2018

    JUDITH DONOVAN

    NEXTHOME PREMIER

See All Agents

Map

Source: Garden State MLS

MLS Number: 3459958

Garden State MLS

APN: 08-00034-10-00059-01-C0707

New Jersey Somerset County Franklin Park 08823

116 Edward Dr Unit D1, Franklin Park, NJ

Not Listed for Sale

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