116 Topaz Dr Unit 156 Franklin Park, NJ 08823
Estimated Value: $548,000 - $567,000
3
Beds
3
Baths
1,848
Sq Ft
$304/Sq Ft
Est. Value
About This Home
This home is located at 116 Topaz Dr Unit 156, Franklin Park, NJ 08823 and is currently estimated at $561,324, approximately $303 per square foot. 116 Topaz Dr Unit 156 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
Feb 8, 2019
Sold by
Rao Shyamkiran and Rao Susmita
Bought by
Mehta Shamit and Mehta Roank
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
$290,250
Outstanding Balance
$193,916
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$349,530
Purchase Details
Closed on
Feb 19, 2002
Sold by
Relocation
Bought by
Rao Shyamkiran and Rao Susmita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
7.01%
Purchase Details
Closed on
Oct 30, 1996
Sold by
Orr Thomas
Bought by
Ellison Robert and Ellison Karin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.1%
Purchase Details
Closed on
Feb 9, 1990
Sold by
K Hovnanian At Somerset V Inc
Bought by
Patel Manu B and Patel Krishna
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Mehta Shamit | $387,000 | River Edge Title Agency Llc | |
Rao Shyamkiran | $238,000 | -- | |
Ellison Robert | $156,000 | -- | |
Patel Manu B | $167,700 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Mehta Shamil L | $180,000 | |
Open | Mehta Shamit | $290,250 | |
Previous Owner | Rao Shyamkiran | $190,400 | |
Previous Owner | Ellison Robert | $140,000 |
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 |
---|---|---|---|---|
2024 | $7,967 | $441,900 | $200,000 | $241,900 |
2023 | $7,917 | $411,900 | $170,000 | $241,900 |
2022 | $7,542 | $371,900 | $130,000 | $241,900 |
2021 | $7,546 | $341,900 | $100,000 | $241,900 |
2020 | $7,611 | $336,900 | $95,000 | $241,900 |
2019 | $7,591 | $331,900 | $90,000 | $241,900 |
2018 | $7,785 | $337,000 | $90,000 | $247,000 |
2017 | $7,351 | $317,000 | $70,000 | $247,000 |
2016 | $7,298 | $312,000 | $65,000 | $247,000 |
2015 | $7,015 | $302,000 | $55,000 | $247,000 |
2014 | $6,910 | $302,000 | $55,000 | $247,000 |
Source: Public Records
Map
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