NOT LISTED FOR SALE

16 Clover Place Franklin Park, NJ 08823

Estimated Value: $303,000 - $567,000

3 Beds
1 Bath
-- Sq Ft
0.53 Acres

Last Sold March 18, 2022

Last sale price $225,000

Est. 99% increase in value since last sale

Current estimated payment $3,058/month

6 Days on Market

Highlights

  • 0.53 Acre Lot
  • Wood Flooring
  • Living Room
  • Ranch Style House
  • Porch
  • Storage Room

About This Home

As of March 2022

Older ranch in need of rehab being sold "as-is". Lovely, level half acre of property close to shopping, schools and transportation. Interior is original and in need of TLC.

Last Agent to Sell the Property

PATRICIA CRIVELLO

ERA STATEWIDE REALTY Listed on: 12/07/2021

Co-Listed By

LAURA MURPHY

ERA STATEWIDE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,448

Year Built

  • Built in 1931

Lot Details

  • 0.53 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Ranch Style House
  • Clapboard
  • Tile

Interior Spaces

  • Living Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Dirt Driveway

Outdoor Features

  • Porch

Schools

  • Franklin Elementary And Middle School
  • Franklin High School

Utilities

  • Forced Air Heating System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00046-0000-00001-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,448

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1931
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 16
  • Directions: Route 27 to Clover Place.
  • I D: 5119225
  • Modified: 2023-03-19
  • Number Images: 19
  • Section Subdiv Development: Franklin Park
  • First Name: PATRICIA
  • First Name2: LAURA
  • First Name3: UNKNOWN
  • Last Name: CRIVELLO
  • Last Name2: MURPHY
  • Last Name3: AGENT
  • Office Phone: 908-874-7797X239
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Range/Oven-Gas
  • Interior Amenities: TubShowr
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Basement Level Rooms: Storage Room, Utility Room
  • Dining Room Level: First
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Kitchen, Living Room, Porch
  • Phone: 908-874-7797

Exterior Features

  • Exterior Description: Clapboard
  • Exterior Features: Open Porch(es), Storm Door(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Dirt

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: FRANKLIN
  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: 116X198 AVG.
  • Assessed Improvement Value: 63100
  • Assessed Land Value: 188100
  • Assessment: 251200
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.53
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5448
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00046-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.259
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Teevee Llc
Bought by
Mehta Prerak and Vyas Jahnavi
Current Estimated Value
$448,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$643,991
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$222,588

Purchase Details

Listed on
Dec 7, 2021
Closed on
Mar 15, 2022
Sold by
Mortgage Equity Conversion Asset Trust
Bought by
Teevee Llc
Seller's Agent
PATRICIA CRIVELLO
ERA STATEWIDE REALTY
List Price
$190,000
Sold Price
$225,000
Premium/Discount to List
$35,000
18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.33%
Original Mortgage
$241,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2019
Sold by
Sheriff Of The County Of Somerset
Bought by
State Of New Jersey

Purchase Details

Closed on
Aug 9, 2018
Sold by
Nolan Vincent
Bought by
Nolan Vincent and Breen Duncan
Source: Public Records

Range of Values:

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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
Mehta Prerak $225,000 Catic Title
Teevee Llc $225,000 Daley Rachel
State Of New Jersey $274,277 None Listed On Document
Nolan Vincent -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Prerak $220,000
Open Mehta Prerak $660,000
Previous Owner Teevee Llc $241,000
Previous Owner Royal Gas Ii Inc $700,000
Previous Owner Nolan Vincent $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $225,000 +18.4% --
12/13/2021 12/13/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $190,000 -- --
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
2024 $6,963 $386,200 $323,100 $63,100
2023 $6,750 $351,200 $288,100 $63,100
2022 $6,108 $301,200 $238,100 $63,100
2021 $5,544 $251,200 $188,100 $63,100
2020 $5,449 $241,200 $178,100 $63,100
2019 $5,173 $226,200 $163,100 $63,100
2018 $5,225 $226,200 $163,100 $63,100
2017 $5,164 $222,700 $153,100 $69,600
2016 $5,209 $222,700 $153,100 $69,600
2015 $5,173 $222,700 $153,100 $69,600
2014 $5,073 $221,700 $152,100 $69,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    PATRICIA CRIVELLO

    ERA STATEWIDE REALTY

  • L

    Seller Co-Listing Agent in 2022

    LAURA MURPHY

    ERA STATEWIDE REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3755117

Garden State MLS

APN: 08-00046-0000-00001

New Jersey Somerset County Franklin Park 08823

16 Clover Place, Franklin Park, NJ

This home is located at 16 Clover Place, Franklin Park, NJ 08823 since 07 December 2021 and is currently estimated at $459,784. This property was built in 1931. 16 Clover Place 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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