$255,000
SOLD APR 22, 2021

23 Pear Tree Ln Unit 37 Franklin Park, NJ 08823

2 Beds
2.5 Baths
1,480 Sq Ft
958 Sq Ft Lot

Recently Sold

$172 Per Sq Ft

38 Days on Market

Highlights

  • Property is near public transit
  • Ground Level Unit
  • Formal Dining Room
  • Attic
  • Private Yard
  • Porch

About This Home

As of July 2021

Welcome home to this beautiful 2 bed 2.5 bathroom town-home in Society Hill Franklin Park. No need to rent when you can own a perfect starter home with open living/dining concept. Spacious bedrooms with on suite bathrooms. Huge closets! Private Backyard patio space for entertaining. Close to shops, transportation, and parks. Due to the high amount of offers, highest and best offer is due by 6 PM on Monday, 2/15/21.

Last Agent to Sell the Property

Patrick Pezzello

J.J. ELEK REALTY CO. Listed on: 02/13/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,884

Year Built

  • Built in 1987

Lot Details

  • Fenced
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room
  • Utility Room
  • Attic

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Paved Parking
  • On-Site Parking
  • Open Parking
  • Unassigned Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash
  • Society Hill/Somerset Bl Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $277

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,884

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: Society Hill/Somerset Bl
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two, Ground Floor
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Breakfast Bar, Not Eat-in Kitchen, Pantry, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Dining Room, Entrance Foyer, Kitchen, Living Room, Utility Room, 2 Bedrooms, Bath Main, Bath Second, Attic
  • Living Area: 1480
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train
  • Exterior Features: Yard
  • Patio And Porch Features: Porch, Patio
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Common, On Site, Unassigned, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Area Maintenance, Snow Removal, Trash

Lot Info

  • Zoning: CR

Multi Family

  • Maintenance Expense: 277

Tax Info

  • Tax Annual Amount: 4884
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 28, 2021
Sold by
Sharma Anuj and Sharma Neha
Bought by
Moseley Nikki E
Seller's Agent
NEHA SHARMA
RE/MAX ONE
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$410,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,110
Avg. Annual Appreciation
7.89%
Original Mortgage
$270,750
Outstanding Balance
$248,650
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$158,495

Purchase Details

Listed on
Feb 13, 2021
Closed on
Apr 9, 2021
Sold by
Patel Nikunj R
Bought by
Sharma Anuj and Sharma Neha
Seller's Agent
Patrick Pezzello
J.J. ELEK REALTY CO.
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.56%
Original Mortgage
$204,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2009
Sold by
Pandit Purvin and Pandit Shruti
Bought by
Patel Nikunj R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,250
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2004
Sold by
Sansone Thomas D
Bought by
Pandit Purvin

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
5.36%

Purchase Details

Closed on
Oct 15, 2002
Sold by
Kahrmann Jeffrey
Bought by
Sansone Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2000
Sold by
Dicarlo Patricia
Bought by
Kahmann Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,800
Interest Rate
8.21%

Purchase Details

Closed on
Dec 31, 1992
Sold by
Vince William
Bought by
Dicarlo Patricia

Purchase Details

Closed on
Nov 6, 1992
Sold by
Borek Thaddeus C
Bought by
Vince William P
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $300,000 Clear Skies Title Agency
Deed $255,000 Providence Abstract Llc
Deed $255,000 None Listed On Document
Bargain Sale Deed $223,000 Multiple
Deed $230,000 --
Deed $175,000 --
Deed $123,000 --
Deed $102,000 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,750 New Conventional
Previous Owner $204,000 New Conventional
Previous Owner $165,000 New Conventional
Previous Owner $167,250 Purchase Money Mortgage
Previous Owner $184,000 No Value Available
Previous Owner $170,100 FHA
Previous Owner $95,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $300,000 0.0% $203 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $300,000 +17.6% $203 / Sq Ft
04/22/2021 04/22/21 Sold $255,000 0.0% $172 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $255,000 -- $172 / Sq Ft
Source: All 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
2024 $5,611 $311,200 $145,000 $166,200
2023 $5,597 $291,200 $125,000 $166,200
2022 $5,094 $251,200 $85,000 $166,200
2021 $4,992 $226,200 $60,000 $166,200
2020 $4,884 $216,200 $50,000 $166,200
2019 $4,944 $216,200 $50,000 $166,200
2018 $4,763 $206,200 $40,000 $166,200
2017 $4,782 $206,200 $40,000 $166,200
2016 $4,706 $201,200 $35,000 $166,200
2015 $4,674 $201,200 $35,000 $166,200
2014 $4,603 $201,200 $35,000 $166,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2112211

All Jersey MLS

APN: 08-00034-04-00008-01-C0037