$541,000 - $570,000
RENTED FEB 13, 2025

2236 Margaret Ct Unit 1 Mahwah, NJ 07430

2 Beds
2.5 Baths
1,344 Sq Ft
1996 Built

Highlights

  • Community Pool
  • Tennis Courts
  • Forced Air Heating System
  • Mahwah High School Rated A
  • En-Suite Primary Bedroom
  • Gas Fireplace

About This Home

As of February 2025

Welcome to Franklin Heights! Easy living and conveniently located near shopping and major highways. The property offers entry foyer, living room with fireplace and balcony, dining area, and updated kitchen.2nd floor features master bedroom w/ master bath, large second bedroom, hall bath and laundry. All wood floors. Lower level is finished and can be used as office or playroom. Utilize the outdoor pool and tennis courts this summer! Simply unpack and enjoy!

Last Agent to Rent the Property

Tamar Rapaport

Keller Williams Town Life Listed on: 01/27/2025

Keller Williams Town Life

Last Renter's Agent

Lori Bennett

United Real Estate

United Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,883

Year Built

  • 1996

Interior Spaces

  • Gas Fireplace
  • Laundry in unit

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Ramapo Ridge Middle School
  • Mahwah High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Tennis Courts
  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,883

Year Built

1996

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Ov/Rang/Gs, Refrigerator
  • Reso Association Amenities: Pool Outdoor, Tennis Court(s)
  • Reso Pets Allowed: No
  • Co List Office Phone: 201-894-8004
  • MLS Status: Leased - Leased
  • Directions: Franklin Tpke/Cedar Hill/Kingsbridge/Margaret
  • Reso Fireplace Features: 1 Fireplace, Gas
  • Year Built Details: 1990's
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Cooling: Gas
  • Heating: Natural Gas, Hot Air

Schools

  • High School: Mahwah H.S.
  • Middle Or Junior School: Ramapo Ridge M.S.

Lot Info

  • Lot: 02236

MLS Schools

  • High School Text: Mahwah H.S.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 1999
Sold by
Lopez Sandra M
Bought by
Locascio Lynn
Current Estimated Value
$549,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Outstanding Balance
$37,531
Interest Rate
6.88%
Mortgage Type
Stand Alone First
Estimated Equity
$512,022

Purchase Details

Closed on
Apr 28, 1997
Sold by
K Hovnanian At Mahwah V Inc
Bought by
Lopez Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.85%
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
Locascio Lynn $214,000 Chicago Title Insurance Co
Lopez Sandra M $170,275 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locascio Lynn T $25,000
Closed Locascio Lynn $20,000
Open Locascio Lynn $134,000
Previous Owner Lopez Sandra M $162,000
Previous Owner Lopez Sandra M $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Rented -- -- --
01/27/2025 01/27/25 For Rent $3,350 +1.5% --
08/12/2022 08/12/22 Rented $3,300 +1.5% --
08/01/2022 08/01/22 For Rent $3,250 -- --
Source: New 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 $6,883 $333,500 $205,000 $128,500
2024 $6,793 $333,500 $205,000 $128,500
2023 $6,577 $333,500 $205,000 $128,500
2022 $6,577 $333,500 $205,000 $128,500
2021 $6,507 $333,500 $205,000 $128,500
2020 $6,350 $333,500 $205,000 $128,500
2019 $6,140 $333,500 $205,000 $128,500
2018 $6,053 $333,500 $205,000 $128,500
2017 $5,956 $333,500 $205,000 $128,500
2016 $5,826 $333,500 $205,000 $128,500
2015 $5,746 $333,500 $205,000 $128,500
2014 $5,649 $333,500 $205,000 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25000712

New Jersey MLS

APN: 33-00070-0000-02236