NOT LISTED FOR SALE

118 Crabapple Ln Unit B2 Franklin Park, NJ 08823

Estimated Value: $329,000 - $373,000

2 Beds
2 Baths
1,211 Sq Ft
$246/mo HOA Fee

Last Sold January 22, 2021

Last sale price $222,000 $183 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,541/month

10 Days on Market

Highlights

  • Private Pool
  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • 1-Story Property

About This Home

As of January 2021

Centrally located in the desirable Society Hill section at Somerset in Franklin Park which has gorgeous back to woods view!!! Bright and airy with 2 Bedrooms and 2 Bathrooms. Charming large master bedroom complimented with terrific walk-in closet offering convenient shelving and substantial storage space. Kitchen with Separate Dining Area. Laundry room with storage equipped with washer & gas dryer. Amenities offer access to community pool, tennis court, clubhouse and jogging trails.

Last Agent to Sell the Property

HEZAL PATEL

REALTYMARK SELECT Listed on: 10/30/2020

Last Buyer's Agent

Debanshu Majumdar

CENTURY 21 ABRAMS & ASSOCIATES

CENTURY 21 ABRAMS & ASSOCIATES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1985

Lot Details

  • 523

HOA Fees

  • $246 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,211 Sq Ft Home
  • 1-Story Property

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2708-00034-0003-00016-0001-C0324

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,964

Year Built

Built in 1985

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Style: Detached, One Floor Unit
  • Primary Style: Detached
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1985
  • Year Built Description: Unknown
  • County Name: Somerset
  • Exclusions: Personal Belongings
  • Directions: GPS
  • I D: 5028960
  • Section Subdiv Development: Society Hills at Somerset
  • First Name: HEZAL
  • First Name3: DEBANSHU
  • Last Name: PATEL
  • Last Name3: MAJUMDAR
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Refrigerator, Self Cleaning Oven, OvnWGas, Washer, Water Softener-Own
  • Bedrooms: 2
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Area: Separate Dining Area
  • Estimated Sq Ft: 1211
  • Phone: 732-515-2997

Exterior Features

  • Exterior Description: Vinyl Siding
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Parking Lot-Shared

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Available, Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 246
  • Association Maintenance Fee Frequency: Monthly

Lot Info

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

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 3964
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00034-0003-00016-0001-C0324
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.232
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Jan 14, 2021
Sold by
Madra Indu
Bought by
Ghatak Somsuvra and Vera Sneha
Seller's Agent
HEZAL PATEL
REALTYMARK SELECT
Buyer's Agent
Debanshu Majumdar
CENTURY 21 ABRAMS & ASSOCIATES
List Price
$219,900
Sold Price
$222,000
Premium/Discount to List
$2,100
0.95%
Current Estimated Value
$355,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,317
Avg. Annual Appreciation
10.12%
Original Mortgage
$155,400
Outstanding Balance
$138,597
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$216,720

Purchase Details

Closed on
May 25, 2011
Sold by
Madra Anil
Bought by
Madra Indu

Purchase Details

Closed on
Aug 12, 2008
Sold by
Hollosi Maria
Bought by
Madra Anil and Madra Indu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 1997
Sold by
Caruso Robert
Bought by
Hollosi Maria

Purchase Details

Closed on
Jul 21, 1988
Sold by
Kruse Marlene C and Kruse Kevin H
Bought by
Ciuba Theresa and Ciuba Robert
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
Ghatak Somsuvra $222,000 Old Republic Natl Ttl Ins Co
Madra Indu -- None Available
Madra Anil $202,000 Chicago Title Insurance Co
Hollosi Maria $80,000 --
Ciuba Theresa $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghatak Somsuvra $155,400
Previous Owner Madra Anil $194,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Rented -- -- --
03/01/2021 03/01/21 Under Contract -- -- --
01/25/2021 01/25/21 For Rent $1,750 0.0% --
01/22/2021 01/22/21 Sold $222,000 +1.0% $183 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $219,900 -- $182 / Sq Ft
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 $5,185 $338,000 $135,000 $203,000
2024 $5,185 $287,600 $135,000 $152,600
2023 $5,143 $267,600 $115,000 $152,600
2022 $4,616 $227,600 $75,000 $152,600
2021 $4,471 $202,600 $50,000 $152,600
2020 $4,351 $192,600 $40,000 $152,600
2019 $4,062 $177,600 $25,000 $152,600
2018 $3,872 $167,600 $15,000 $152,600
2017 $3,887 $167,600 $15,000 $152,600
2016 $3,803 $162,600 $10,000 $152,600
2015 $4,010 $172,600 $20,000 $152,600
2014 $4,063 $177,600 $25,000 $152,600
Source: Public Records

Agents Affiliated with this Home

  • Debanshu Majumdar

    Seller's Agent in 2021

    Debanshu Majumdar

    CENTURY 21 ABRAMS & ASSOCIATES

    (212) 444-2030

    5 in this area

    37 Total Sales

    Debanshu Majumdar
    Section Image

  • H

    Seller's Agent in 2021

    HEZAL PATEL

    REALTYMARK SELECT

See All Agents

Map

Source: Garden State MLS

MLS Number: 3675555

Garden State MLS

APN: 08-00034-03-00016-01-C0324

New Jersey Somerset County Franklin Park 08823

118 Crabapple Ln Unit B2, Franklin Park, NJ

Not Listed for Sale

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