NOT LISTED FOR SALE

16 Cabot Way Franklin Park, NJ 08823

Estimated Value: $516,000 - $556,000

-- Bed
-- Bath
1,866 Sq Ft
$288/Sq Ft Est. Value

About This Home

This home is located at 16 Cabot Way, Franklin Park, NJ 08823 and is currently estimated at $536,843, approximately $287 per square foot. 16 Cabot Way 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Holley David L and Holley Michele
Bought by
Holley David L and Holley Michele
Current Estimated Value
$536,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$318,741
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$218,102

Purchase Details

Closed on
Oct 10, 2005
Sold by
Shumas Jeffrey
Bought by
Holley David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.28%

Purchase Details

Closed on
Jun 27, 2002
Sold by
Hsu Tailoong
Bought by
Shumas Jeffrey and Shumas Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.82%

Purchase Details

Closed on
Jul 18, 1997
Sold by
Dillon Don
Bought by
Hsu Tailoong and Shih Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.7%

Purchase Details

Closed on
May 6, 1993
Sold by
K Hovnanian @ Somerset Viii Inc
Bought by
Dillon Don B and Dillon Rhonda
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Holley David L -- None Listed On Document
Holley David L -- None Listed On Document
Holley David L $355,000 --
Shumas Jeffrey $230,000 --
Hsu Tailoong $144,000 --
Dillon Don B $146,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holley David L $325,000
Closed Holley David L $325,000
Previous Owner Holley David L $284,000
Previous Owner Shumas Jeffrey $184,000
Previous Owner Hsu Tailoong $115,000
Source: Public Records

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 $7,872 $510,700 $215,000 $295,700
2024 $7,872 $436,600 $215,000 $221,600
2023 $7,815 $406,600 $185,000 $221,600
2022 $7,232 $356,600 $135,000 $221,600
2021 $6,668 $331,600 $110,000 $221,600
2020 $7,265 $321,600 $100,000 $221,600
2019 $7,012 $306,600 $85,000 $221,600
2018 $6,563 $284,100 $75,000 $209,100
2017 $6,588 $284,100 $75,000 $209,100
2016 $6,528 $279,100 $70,000 $209,100
2015 $6,019 $259,100 $50,000 $209,100
2014 $6,043 $264,100 $55,000 $209,100
Source: Public Records

Map

New Jersey Somerset County Franklin Park 08823

16 Cabot Way, Franklin Park, NJ

This home is located at 16 Cabot Way, Franklin Park, NJ 08823 and is currently estimated at $536,843, approximately $287 per square foot. 16 Cabot Way 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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