Seller's Agent in 2025
Rochelle Fennell
EXP REALTY, LLC
(732) 599-1792
1 in this area
43 Total Sales
16 Sapphire Ln Franklin Park, NJ 08823
3
Beds
3
Baths
--
Sq Ft
1990
Built
About This Home
As of October 2025This home is located at 16 Sapphire Ln, Franklin Park, NJ 08823 and is currently priced at $562,000. This property was built in 1990. 16 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.
Last Agent to Sell the Property
EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 09/25/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,106
Year Built
- Built in 1990
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2025
Closed on
Oct 30, 2025
Sold by
Lee Po Hung and Lee Jane Wan
Bought by
Arif Saad and Abid Abeera
Seller's Agent
Rochelle Fennell
EXP REALTY, LLC
Buyer's Agent
Juan Gamarra
COMPASS NEW JERSEY LLC
List Price
$550,000
Sold Price
$562,000
Premium/Discount to List
$12,000
2.18%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.58%
Original Mortgage
$545,140
Outstanding Balance
$545,140
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$12,339
Purchase Details
Closed on
Dec 28, 2005
Sold by
Maqsood Amjad
Bought by
Lee Po Hung and Lee Jane Wan
Purchase Details
Closed on
Sep 30, 1997
Sold by
Burke Kevin
Bought by
Maosood Amjad and Amjad Uzma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.46%
Purchase Details
Closed on
Jun 21, 1990
Sold by
K Hovnanian At Somerset V Inc
Bought by
Mccarthy Daniel M and Mccarthy Burke,Kevin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $562,000 | Old Republic Title | |
| Deed | $369,900 | -- | |
| Deed | $155,500 | -- | |
| Deed | $163,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $545,140 | New Conventional | |
| Previous Owner | $124,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Sold | $562,000 | +2.2% | -- |
| 10/07/2025 10/07/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | For Sale | $550,000 | -- | -- |
Source: Garden State MLS
Tax History Compared to Growth
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 | $8,106 | $532,700 | $200,000 | $332,700 |
| 2024 | $8,106 | $449,600 | $200,000 | $249,600 |
| 2023 | $8,065 | $419,600 | $170,000 | $249,600 |
| 2022 | $7,698 | $379,600 | $130,000 | $249,600 |
| 2021 | $7,716 | $349,600 | $100,000 | $249,600 |
| 2020 | $7,785 | $344,600 | $95,000 | $249,600 |
| 2019 | $7,538 | $329,600 | $80,000 | $249,600 |
| 2018 | $7,387 | $319,800 | $80,000 | $239,800 |
| 2017 | $6,836 | $294,800 | $55,000 | $239,800 |
| 2016 | $6,778 | $289,800 | $50,000 | $239,800 |
| 2015 | $6,732 | $289,800 | $50,000 | $239,800 |
| 2014 | $6,631 | $289,800 | $50,000 | $239,800 |
Source: Public Records
Agents Affiliated with this Home
-
Rochelle Fennell
-
Juan Gamarra
Buyer's Agent in 2025
Juan Gamarra
COMPASS NEW JERSEY LLC
(201) 381-7741
1 in this area
53 Total Sales
Map
Source: Garden State MLS
MLS Number: 3989120
APN: 08-00034-09-00059-02-C0391
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