NOT LISTED FOR SALE

25 Magellan Way Franklin Park, NJ 08823

Estimated Value: $705,000 - $747,000

3 Beds
3 Baths
1,920 Sq Ft
$381/Sq Ft Est. Value

About This Home

This home is located at 25 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $730,790, approximately $380 per square foot. 25 Magellan Way 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
Gabonia Imelda L and Gabonia Joy
Bought by
Gabonia Imelda L and Gabonia Joy
Current Estimated Value
$730,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Outstanding Balance
$225,563
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$505,227

Purchase Details

Closed on
Apr 20, 2007
Sold by
Korzyniowski Eric and Korzyniowski Liliana
Bought by
Labao Imelda P and Gabonia Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2004
Sold by
Erdogan Cuneyt
Bought by
Korzyniowski Eric and Korzyniowski Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Erdogan Cuneyt and Erdogan Nagla B
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gabonia Imelda L -- American Home Title
Labao Imelda P $427,500 Lawyers Title Insurance Corp
Korzyniowski Eric $420,000 --
Erdogan Cuneyt $180,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabonia Imelda L $321,000
Closed Labao Imelda P $417,000
Previous Owner Korzyniowski Eric $333,700
Source: Public Records

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 $9,924 $631,800 $305,700 $326,100
2024 $9,924 $550,400 $305,700 $244,700
2023 $9,618 $500,400 $255,700 $244,700
2022 $9,540 $470,400 $225,700 $244,700
2021 $9,278 $420,400 $175,700 $244,700
2020 $9,271 $410,400 $165,700 $244,700
2019 $9,157 $400,400 $155,700 $244,700
2018 $8,905 $385,500 $135,700 $249,800
2017 $8,708 $375,500 $125,700 $249,800
2016 $8,666 $370,500 $120,700 $249,800
2015 $8,491 $365,500 $115,700 $249,800
2014 $8,370 $365,800 $114,700 $251,100
Source: Public Records

Map

New Jersey Somerset County Franklin Park 08823

25 Magellan Way, Franklin Park, NJ

This home is located at 25 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $730,790, approximately $380 per square foot. 25 Magellan Way 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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