$354,000 - $379,000
RENTED MAR 30, 2025

127 Sapphire Ln Franklin Park, NJ 08823

2 Beds
2 Baths
1,098 Sq Ft
436 Sq Ft Lot

Last Sold December 03, 2020

Last sale price $220,000 $200 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,411/month

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • Private Pool
  • Contemporary Architecture
  • Tennis Courts

About This Home

As of March 2025

Gorgeous top/second floor penthouse with vaulted ceiling and skylights, a wood burning fireplace.2 large BR with bay window 2 bath in desirable Society Hill includes: hardwood floors throughout, professionally painted, open floor plan, new high efficiency windows, with slider leading to a private balcony facing the woods, a full size washer/dryer, a closet on balcony. Centrally located close to Princeton, to all major Highways and transportation. Available immediately. Community has amenities like Clubhouse, swimming pool, Tennis court.

Last Agent to Rent the Property

MAITRI MEHTA

WEICHERT CO REALTORS Listed on: 03/15/2025

WEICHERT CO REALTORS

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,240

Year Built

  • Built in 1986

Lot Details

  • 436

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Formal Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • On-Site Parking
  • Open Parking
  • Assigned Parking

Pool

  • Private Pool

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, sewer, gas, hot water, water

Community Details

Overview

  • Association fees include amenities-some, common area maintenance, ground maintenance, maintenance fee
  • Beacon Hill/Somerset Bld Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,240

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: All Utilities, Cable TV, Electricity, Sewer, Gas, Hot Water, Water

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.01
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: BEACON HILL/SOMERSET BLD
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2nd Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1986
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Only, Tub Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Breakfast Bar, Separate Dining Area
  • Appliances: Dryer, Gas Range/Oven, Refrigerator, Dishwasher, Stove/Oven, Washer/Dryer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Ceramic Tile, Laminate
  • Interior Amenities: None, 2 Bedrooms, Kitchen, Laundry Room, Living Room, Bath Full, Storage, Dining Room, Family Room
  • Living Area: 1098
  • Stories: 1

Exterior Features

  • Pool Features: Outdoor Pool

Garage/Parking

  • Open Parking: Yes
  • Parking Features: See Remarks, On Site, Open, Assigned

Utilities

  • Gas Company: Natural Gas
  • Security: Smoke Detector(s)
  • 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, Fitness Center, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Amenities-Some, Common Area Maintenance, Maintenance Grounds, Maintenance Fee

Lot Info

  • Lot Size Sq Ft: 436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Dec 8, 2020
Sold by
Hsu Michelle L
Bought by
Jariwala Paras Pravinchandr and Jariwala Janki
Seller's Agent
SABRINA KOBER
RE/MAX DIAMOND REALTORS
Buyer's Agent
SABRINA KOBER
RE/MAX DIAMOND REALTORS
List Price
$199,900
Sold Price
$220,000
Premium/Discount to List
$20,100
10.06%
Current Estimated Value
$357,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,460
Avg. Annual Appreciation
11.08%
Original Mortgage
$176,000
Outstanding Balance
$158,391
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$201,047

Purchase Details

Listed on
Aug 20, 2020
Closed on
Dec 2, 2020
Sold by
Hsu Michelle L
Bought by
Jariwala Paras Pravinchandra and Jariwala Ashwinaben
Seller's Agent
SABRINA KOBER
RE/MAX DIAMOND REALTORS
Buyer's Agent
SABRINA KOBER
RE/MAX DIAMOND REALTORS
List Price
$199,900
Sold Price
$220,000
Premium/Discount to List
$20,100
10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$158,391
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$201,047

Purchase Details

Listed on
Aug 1, 2014
Closed on
Aug 1, 2014
Sold by
Hargrove Ballerie
Bought by
Hsu Michelle L
Sold Price
$185,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$144,125
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Hill Phillip
Bought by
Hargrove Ballerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.99%

Purchase Details

Closed on
Aug 10, 1993
Sold by
Vilim Glen L and Vilim Laurie A
Bought by
Hill Phillip and Hill Zakir,Nazia

Purchase Details

Closed on
Feb 6, 1990
Sold by
K Hovnanian At Somerset V Inc
Bought by
Vilim Glen L and Vilim Laurie A
Source: Public Records

Range of Values:

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Average Value
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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
Jariwala Paras Pravinchandr $220,000 Stewart Title
Jariwala Paras Pravinchandra $220,000 Stewart Title
Hsu Michelle L $185,500 Nrt Title Agency Llc
Hargrove Ballerie $194,000 --
Hill Phillip $95,500 --
Vilim Glen L $117,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jariwala Paras Pravinchandr $176,000
Closed Jariwala Ashwinaben Himanshu $176,000
Closed Jariwala Paras Pravinchandra $176,000
Previous Owner Hsu Michelle L $144,125
Previous Owner Hargrove Ballerie $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2025 03/30/25 Rented $2,300 -4.2% --
03/15/2025 03/15/25 For Rent $2,400 0.0% --
12/03/2020 12/03/20 Sold $220,000 +10.1% --
09/30/2020 09/30/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $199,900 +7.8% --
08/01/2014 08/01/14 Sold $185,500 -- --
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 $5,240 $290,600 $140,000 $150,600
2023 $5,009 $260,600 $110,000 $150,600
2022 $4,677 $230,600 $80,000 $150,600
2021 $4,306 $200,600 $50,000 $150,600
2020 $4,306 $190,600 $40,000 $150,600
2019 $4,245 $185,600 $35,000 $150,600
2018 $4,634 $200,600 $50,000 $150,600
2017 $4,304 $185,600 $35,000 $150,600
2016 $4,224 $180,600 $30,000 $150,600
2015 $4,079 $175,600 $25,000 $150,600
2014 $4,018 $175,600 $25,000 $150,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2025

    MAITRI MEHTA

    WEICHERT CO REALTORS

    (857) 222-1210

    1 Total Sale

    Section Image

  • S

    Seller's Agent in 2020

    SABRINA KOBER

    RE/MAX

See All Agents

Map

Source: All Jersey MLS

MLS Number: 2509910R

All Jersey MLS

APN: 08-00034-09-00059-02-C0505

New Jersey Somerset County Franklin Park 08823

127 Sapphire Ln, Franklin Park, NJ

This home is located at 127 Sapphire Ln, Franklin Park, NJ 08823 since 15 March 2025 and is currently priced at $363,403. This property was built in 1986. 127 Sapphire Ln 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.

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