$255,000
SOLD APR 24, 2025

221 Sapphire Ln Franklin Park, NJ 08823

3 Beds
1 Bath
-- Sq Ft
1990 Built

Recently Sold

7% Below List Price

35 Days on Market

About This Home

As of April 2025

This home is located at 221 Sapphire Ln, Franklin Park, NJ 08823 and is currently priced at $255,000. This property was built in 1990. 221 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

MATTHEW GRINKEVICH

RE/MAX SUPREME Brokerage Phone: 908-213-2825 Listed on: 01/30/2025

Last Buyer's Agent

Robert Webb

RE/MAX SUPREME

RE/MAX SUPREME

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,705

Year Built

  • Built in 1990

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,705

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Year Built: 1990
  • County Name: Somerset
  • Street Number Display: 221
  • I D: 5335432
  • Modified: 2025-04-25
  • Number Images: 0
  • Attribution Contact: 908-213-2825
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: COMMON ELEMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Apr 18, 2025
Sold by
Amin Mahesh and Amin Nimita
Bought by
Patel Rajeshbhai and Patel Varsha
Seller's Agent
MATTHEW GRINKEVICH
RE/MAX SUPREME
Buyer's Agent
Robert Webb
RE/MAX SUPREME
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Views
105
Current Estimated Value
$264,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,954
Avg. Annual Appreciation
13.61%
Original Mortgage
$200,000
Outstanding Balance
$200,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$64,954

Purchase Details

Closed on
Jul 13, 2018
Sold by
Amin Mahesh and Amin Nimita Amin
Bought by
Franklin Township

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.53%

Purchase Details

Closed on
May 23, 1990
Sold by
K Hovnanian At Somerset V Inc
Bought by
Amin Mhesh and Amin Nimita
Source: Public Records

Range of Values:

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ICE

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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 Type Sale Price Title Company
Deed $255,000 None Listed On Document
Deed $255,000 None Listed On Document
Deed -- --
Deed $82,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Closed $200,000 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $255,000 -7.3% --
03/06/2025 03/06/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $275,000 -- --
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 $2,705 $150,000 $20,000 $130,000
2023 $2,883 $150,000 $20,000 $130,000
2022 $3,042 $150,000 $20,000 $130,000
2021 $2,719 $150,000 $20,000 $130,000
2020 $3,389 $150,000 $20,000 $130,000
2019 $3,431 $150,000 $20,000 $130,000
2018 $3,465 $150,000 $20,000 $130,000
2017 $3,479 $150,000 $20,000 $130,000
2016 $3,509 $150,000 $20,000 $130,000
2015 $4,368 $198,800 $20,000 $178,800
2014 $4,299 $198,800 $20,000 $178,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3943651

Garden State MLS

APN: 08-00034-09-00059-02-C0125