NOT LISTED FOR SALE

13 Franklin School Way Metuchen, NJ 08840

Estimated Value: $616,000 - $734,000

2 Beds
2 Baths
-- Sq Ft
566 Sq Ft Lot

Last Sold July 28, 2022

Last sale price $540,000

Est. 22% increase in value since last sale

Current estimated payment $4,600/month

92 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Ground Level Unit
  • Campbell Elementary School Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of July 2022

Welcome home to this bright and spacious condo in the park-like setting of Franklin Square development. With its traditional brick exterior and modern touches inside, all you need to do is unpack for low maintenance living in a true home-like setting! From the bamboo floors to the high-ceilings for days, this 2 bedroom, 2 full bath unit has it all. Completely remodeled kitchen with glass backsplash, quartz countertops, and stainless appliances featuring garbage disposal and reverse osmosis water filtration system. Two spacious bedrooms including a luxurious owners suite with walk-in closet and remodeled en suite bath featuring oversized shower stall with sleek glass doors, double sink and custom cabinets with built-in outlets. Partially finished basement features family room, home office, workshop perfect for tinkering and plenty of storage. Every light switch has been wifi enabled for pairing with Google/Alexa smart devices. The location is EVERYTHING being right near the heart of Downtown Metuchen restaurants, shops and just blocks from Whole Foods and the train directly into Manhattan. Plenty of open parking and a playground available in the complex. Showings to begin Tuesday 4/26.

Last Agent to Sell the Property

Angela Sielski

KELLER WILLIAMS ELITE REALTORS Listed on: 04/26/2022

KELLER WILLIAMS ELITE REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,396

Year Built

  • Built in 2002

Lot Details

  • 566

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Shades
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Workshop
  • Basement Storage

Parking

  • Paved Parking
  • Unassigned Parking

Outdoor Features

  • Patio

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near shops

Utilities

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

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, snow removal, ground maintenance
  • Franklin Square Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $346

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,396

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Franklin Square
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Ground Floor
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower, Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Master Bedroom Master Bedroom Level: First
  • Room Kitchen Features: Not Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, See Remarks, Washer, Water Softener Owned, Gas Water Heater
  • Has Basement: Partially Finished, Full, Recreation Room, Storage Space, Utility Room, Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Entrance Foyer, 2 Bedrooms, Kitchen, Living Room, Bath Main, Dining Room
  • Stories: 1
  • Window Features: Shades-Existing

Exterior Features

  • Lot Features: Near Shopping, Near Train, Near Public Transit
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Unassigned, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Zoning: F1

Multi Family

  • Maintenance Expense: 346

Tax Info

  • Tax Annual Amount: 10396
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jul 26, 2022
Sold by
Mcafoos and Leslie
Bought by
Desai Vidit and Nagar Krutika
Seller's Agent
Angela Sielski
KELLER WILLIAMS ELITE REALTORS
List Price
$505,000
Sold Price
$540,000
Premium/Discount to List
$35,000
6.93%
Current Estimated Value
$659,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,342
Avg. Annual Appreciation
6.68%
Original Mortgage
$405,000
Outstanding Balance
$384,328
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$275,014

Purchase Details

Closed on
Jun 30, 2020
Sold by
Mcafoos Michael and Ferreira Leslie
Bought by
Mcafoos Michael and Mcafoos Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2014
Closed on
Oct 21, 2014
Sold by
Yip Arthur and Lee Shao H
Bought by
Aldridge Robert L and Stark Paula M
Buyer's Agent
CONSTANCE RADLOF
BHHS FOX & ROACH
Sold Price
$378,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$282,750
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2014
Closed on
Oct 20, 2014
Sold by
Alexander Jacob and Alexander Joanna M
Bought by
Mcafoos Michael and Ferreira Leslie
Buyer's Agent
CONSTANCE RADLOF
BHHS FOX & ROACH
Sold Price
$378,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,750
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Kane John Francis and Kane Leah
Bought by
Alexander Jacob and Alexander Joanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2002
Sold by
Franklin Square
Bought by
Kane John and Cardoni Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
6.57%
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
Desai Vidit $540,000 Northeast Title
Mcafoos Michael -- Servicelink
Aldridge Robert L $335,000 Foundation Title Llc
Mcafoos Michael $378,500 Associated Title
Alexander Jacob $351,500 None Available
Kane John $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desai Vidit $405,000
Previous Owner Mcafoos Michael $245,000
Previous Owner Mcafoos Michael $282,750
Previous Owner Alexander Jacob $281,200
Previous Owner Kane John Francis $225,000
Previous Owner Kane John $208,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $540,000 +6.9% --
05/10/2022 05/10/22 Off Market $505,000 -- --
04/26/2022 04/26/22 For Sale $505,000 +33.4% --
10/20/2014 10/20/14 Sold $378,500 -- --
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
2025 $12,171 $175,000 $25,000 $150,000
2024 $11,764 $175,000 $25,000 $150,000
2023 $11,764 $175,000 $25,000 $150,000
2022 $10,640 $167,000 $25,000 $142,000
2021 $10,396 $167,000 $25,000 $142,000
2020 $10,259 $167,000 $25,000 $142,000
2019 $9,750 $167,000 $25,000 $142,000
2018 $9,931 $167,000 $25,000 $142,000
2017 $9,805 $167,000 $25,000 $142,000
2016 $9,636 $167,000 $25,000 $142,000
2015 $9,422 $167,000 $25,000 $142,000
2014 $9,154 $166,400 $24,600 $141,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2212886R

All Jersey MLS

APN: 09-00085-01-00001-0000-C0078