NOT LISTED FOR SALE

12 Veros Ln Unit 24D Franklin Park, NJ 08823

Estimated Value: $430,000 - $488,166

3 Beds
3 Baths
-- Sq Ft
741 Sq Ft Lot

Last Sold April 14, 2023

Last sale price $331,000

Est. 37% increase in value since last sale

Current estimated payment $2,925/month

54 Days on Market

About This Home

As of April 2023

This home is located at 12 Veros Ln Unit 24D, Franklin Park, NJ 08823 since 25 December 2022 and is currently estimated at $453,542. This property was built in 1986. 12 Veros Ln Unit 24D is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

Last Agent to Sell the Property

NATASHA AKINYELE

GLOBAL REALTY RESOURCE Brokerage Phone: 888-582-2232 Listed on: 12/25/2022

Last Buyer's Agent

ZACHARY DURSO

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 741

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • County Name: Somerset
  • I D: 5195593
  • Attribution Contact: 888-582-2232
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: COMMON ELEMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 25, 2022
Closed on
Apr 7, 2023
Sold by
Johnson Patrice Lynn
Bought by
Singh Lamba Puneet and Simrit Kaur Simrit
Seller's Agent
NATASHA AKINYELE
GLOBAL REALTY RESOURCE
Buyer's Agent
ZACHARY DURSO
RE/MAX SELECT
List Price
$429,900
Sold Price
$331,000
Premium/Discount to List
-$98,900
-23.01%
Views
206
Current Estimated Value
$453,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,542
Avg. Annual Appreciation
12.62%
Original Mortgage
$268,800
Outstanding Balance
$259,289
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$194,253

Purchase Details

Closed on
Sep 12, 2008
Sold by
Abed Richard T and Abed Ghada
Bought by
Johnson Patrice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,905
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 1996
Sold by
Smith Tim
Bought by
Abed Richard and Abed Ghada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.81%

Purchase Details

Closed on
Apr 27, 1990
Sold by
Wolf John L
Bought by
Smith Timothy W and Smith Cynthia M
Source: Public Records

Range of Values:

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

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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
Singh Lamba Puneet $336,000 None Listed On Document
Johnson Patrice L $265,000 None Available
Abed Richard $113,750 --
Smith Timothy W $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Lamba Puneet $268,800
Previous Owner Johnson Patrice L $260,905
Previous Owner Abed Richard $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $331,000 -23.0% --
02/21/2023 02/21/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $429,900 -- --
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 $6,467 $424,300 $160,000 $264,300
2024 $6,467 $358,700 $160,000 $198,700
2023 $6,318 $328,700 $130,000 $198,700
2022 $5,855 $288,700 $90,000 $198,700
2021 $6,151 $278,700 $80,000 $198,700
2020 $6,070 $268,700 $70,000 $198,700
2019 $5,916 $258,700 $60,000 $198,700
2018 $5,650 $244,600 $50,000 $194,600
2017 $5,324 $229,600 $35,000 $194,600
2016 $5,253 $224,600 $30,000 $194,600
2015 $5,217 $224,600 $30,000 $194,600
2014 $5,139 $224,600 $30,000 $194,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3822130

Garden State MLS

APN: 08-00034-02-00016-03-C0244