NOT LISTED FOR SALE

12 Lyon Ln Unit 164 Franklin Park, NJ 08823

Franklin Park Neighborhood

Estimated Value: $423,245 - $451,000

3 Beds
2.5 Baths
1,598 Sq Ft
$272/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $321,000 $201 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,915/month

156 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Attic
  • Senior Community
  • Wood Flooring
  • L-Shaped Dining Room

About This Home

As of January 2022

AWESOME Community w/Club House, In-Ground Swimming Pool, Tennis Court & Playground. Close to NYC Bus Line, All Major Highways & Train Stations. Princeton & 15 Mins to New Brunswick, and Restaurants. HURRY HURRY HURRY!!! RUSH RUSH for this well kept 3 Bedroom Townhouse In Franklin Park!! 3 Bedroom, 2.1 Baths in Society Hill II. Eat-In Kitchen w/Separate Dining area w/Gleaming Hard Wood Floors Flowing Through to Step Down Large Living Room. Sliders Leading to your Patio w/2 Storage Rooms. Master Bedroom Features Ensuite Full Bath and 2 Closest w/Organizers, 2 More Large Size Bedrooms, 2nd Full Bath and Laundry Complete the Second Floor. Almost new furnace/AC and windows. All Closets have Shelving Systems. Princeton & 15 Mins to New Brunswick. Plenty of Shopping and Restaurants close by.

Last Listed By

Elizabeth Quaicoe

ASANTE REALTY GROUP LLC Listed on: 07/14/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,580

Year Built

  • Built in 1986

Lot Details

  • 741

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,598 Sq Ft Home
  • 2-Story Property
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Storage
  • Utility Room
  • Eat-In Kitchen
  • Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Additional Parking
  • Open Parking

Pool

  • Private Pool

Utilities

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

Community Details

Overview

  • Senior Community
  • Association fees include common area maintenance, maintenance structure, snow removal, trash
  • Society Hill/Somerset 02 Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Maintenance Expense $250

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,580

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Society Hill/Somerset 02
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Dining L
  • Room Kitchen Features: Pantry, Eat-in Kitchen, Separate Dining Area
  • Appliances: See Remarks, Gas Water Heater
  • Accessibility Features: See Remarks
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: Kitchen, Living Room, Storage, Dining Room, Utility Room, 3 Bedrooms, Bath Main, Bath Other, Attic
  • Living Area: 1598
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Outdoor Pool
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Additional Parking

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

  • Community Features: Clubhouse, Outdoor Pool, Playground, Tennis Court(s)
  • Senior Community: Yes
  • Association #2 Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Zoning: CR

Multi Family

  • Maintenance Expense: 250

Tax Info

  • Tax Annual Amount: 5580
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jan 31, 2022
Sold by
Tarr Martha
Bought by
Webb Robert
Seller's Agent
Elizabeth Quaicoe
ASANTE REALTY GROUP LLC
List Price
$339,999
Sold Price
$321,000
Premium/Discount to List
-$18,999
-5.59%
Total Days on Market
156
Current Estimated Value
$434,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,561
Avg. Annual Appreciation
9.73%
Original Mortgage
$240,750
Outstanding Balance
$226,921
Interest Rate
3.55%
Estimated Equity
$209,202

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jan 18, 2022
Sold by
Martha Tarr
Bought by
Webb Robert
Seller's Agent
Elizabeth Quaicoe
ASANTE REALTY GROUP LLC
List Price
$339,999
Sold Price
$321,000
Premium/Discount to List
-$18,999
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Outstanding Balance
$226,921
Interest Rate
3.55%
Estimated Equity
$209,202

Purchase Details

Closed on
Nov 16, 2018
Sold by
Martinez Mario and Gutierrez Patricia
Bought by
Tarr Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,565
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2001
Sold by
Bhalodia Mohan
Bought by
Martinez Mario and Gutierrez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,100
Interest Rate
7.14%

Range of Values:

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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
Webb Robert $321,000 Conti Alexandra A
Tarr Martha $264,500 Multiple
Martinez Mario $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Robert $240,750
Previous Owner Tarr Martha $256,565
Previous Owner Martinez Mario $85,000
Previous Owner Martinez Mario $147,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $321,000 -5.6% $201 / Sq Ft
07/14/2021 07/14/21 For Sale $339,999 -- $213 / 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
2024 $6,076 $337,000 $160,000 $177,000
2023 $5,901 $307,000 $130,000 $177,000
2022 $5,415 $267,000 $90,000 $177,000
2021 $5,672 $257,000 $80,000 $177,000
2020 $5,580 $247,000 $70,000 $177,000
2019 $5,420 $237,000 $60,000 $177,000
2018 $5,244 $227,000 $50,000 $177,000
2017 $4,916 $212,000 $35,000 $177,000
2016 $4,842 $207,000 $30,000 $177,000
2015 $4,809 $207,000 $30,000 $177,000
2014 $4,736 $207,000 $30,000 $177,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Elizabeth Quaicoe

    ASANTE REALTY GROUP LLC

    (908) 247-8755

    1 in this area

    4 Total Sales

    Elizabeth Quaicoe
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2200772R

All Jersey MLS

APN: 08-00034-02-00016-03-C0164

New Jersey Somerset County Franklin Park 08823 Franklin Park

12 Lyon Ln Unit 164, Franklin Park, NJ

Homes for Sale in Franklin Park, NJ

This home is located at 12 Lyon Ln Unit 164, Franklin Park, NJ 08823 since 14 July 2021 and is currently estimated at $434,561, approximately $271 per square foot. This property was built in 1986. 12 Lyon Ln Unit 164 is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

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