NOT LISTED FOR SALE

118 Cortelyous Ln Franklin Township, NJ 08873

Estimated Value: $365,000

1.21 Acres
$301,653 Price per Acre
52,708 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $90,000

Est. 306% increase in value since last sale

Current estimated payment $2,441/month

48 Days on Market

About This Lot

As of November 2017

This home is located at 118 Cortelyous Ln, Franklin Township, NJ 08873 since 11 July 2017 and is currently estimated at $365,000. 118 Cortelyous Ln is a home located in Somerset County with nearby schools including Franklin High School, Cheder Menachem, and St. Augustine of Canterbury School.

Last Buyer's Agent

Rebecca Matyash

KELLER WILLIAMS GREATER BRUNSWICK

KELLER WILLIAMS GREATER BRUNSWICK

Property Details

Property Type

  • Land

Lot Details

  • 1.21 Acre Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 4730032
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Total Acres: 1.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2025
Sold by
Ghani Muhammad and Ahmed Maria
Bought by
Fagbewesa Bosede and Fagbewesa Oladeji
Current Estimated Value
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$239,818
Interest Rate
7.39%
Mortgage Type
New Conventional
Estimated Equity
$125,182

Purchase Details

Closed on
Jan 27, 2024
Sold by
Somerset Land Investment Llc
Bought by
Ghani Muhammad and Ahmed Maria

Purchase Details

Listed on
Jul 11, 2017
Closed on
Nov 14, 2017
Sold by
Rb Properties Llc
Bought by
Somerset Land Investment Llc
Buyer's Agent
Rebecca Matyash
KELLER WILLIAMS GREATER BRUNSWICK
List Price
$108,000
Sold Price
$90,000
Premium/Discount to List
-$18,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.89%

Purchase Details

Closed on
Jul 5, 2016
Sold by
Millstone Wine & Liquors Inc and Sweeney Donald T
Bought by
Rb Properties Llc

Purchase Details

Closed on
Oct 21, 2008
Sold by
Community Home Loans Of America Llc
Bought by
Sweeney Donald T

Purchase Details

Closed on
Oct 17, 2000
Sold by
Satellite Builders
Bought by
Sweeney Donald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Fagbewesa Bosede $300,000 Top Choice Title
Ghani Muhammad $165,000 Catic Title
Ghani Muhammad $165,000 Catic Title
Somerset Land Investment Llc $90,000 None Available
Rb Properties Llc $6,875 None Available
Sweeney Donald T -- None Available
Sweeney Donald $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fagbewesa Bosede $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $90,000 -16.7% --
08/28/2017 08/28/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $108,000 -- --
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 $6,249 $346,600 $346,600 --
2024 $6,249 $346,600 $346,600 $0
2023 $5,893 $306,600 $306,600 $0
2022 $5,001 $246,600 $246,600 $0
2021 $4,560 $206,600 $206,600 $0
2020 $4,441 $196,600 $196,600 $0
2019 $4,496 $196,600 $196,600 $0
2018 $4,541 $196,600 $196,600 $0
2017 $4,559 $196,600 $196,600 $0
2016 $4,598 $196,600 $196,600 $0
2015 $4,567 $196,600 $196,600 $0
2014 $4,498 $196,600 $196,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3402865

Garden State MLS

APN: 08-00057-01-00063-01