NOT LISTED FOR SALE

31 Pear Tree Ln Franklin Park, NJ 08823

Estimated Value: $408,000 - $455,000

2 Beds
3 Baths
-- Sq Ft
958 Sq Ft Lot

Last Sold October 28, 2024

Last sale price $420,000

Est. 1% increase in value since last sale

Current estimated payment $2,698/month

16 Days on Market

About This Home

As of October 2024

This home is located at 31 Pear Tree Ln, Franklin Park, NJ 08823 since 13 September 2024 and is currently estimated at $425,930. This property was built in 1987. 31 Pear Tree Ln is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

Last Agent to Sell the Property

Adarsh Lal

REALTY ONE GROUP CENTRAL Brokerage Phone: 732-348-3777 Listed on: 09/13/2024

REALTY ONE GROUP CENTRAL

Last Buyer's Agent

Rich Taub

TERRIE O'CONNOR REALTORS

TERRIE O'CONNOR REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,566

Year Built

  • Built in 1987

Lot Details

  • 958

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,566

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Year Built: 1987
  • County Name: Somerset
  • I D: 5312851
  • Attribution Contact: 732-348-3777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Lot Info

  • Lot Size: COMMON ELEMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 14, 2022
Sold by
Patel Jitendra and Patel Devi
Bought by
Shrestha Myagreen
Seller's Agent
Rana Bernhard
WEICHERT REALTORS
Buyer's Agent
MAHENDRA JOBANPUTRA
DDS REAL ESTATE LLC
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$425,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,930
Avg. Annual Appreciation
11.69%
Original Mortgage
$240,000
Outstanding Balance
$229,832
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$196,098

Purchase Details

Closed on
Mar 8, 2013
Sold by
Patel Jitendra N and Patel Dharmista J
Bought by
Patel Jitendra N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 Buyer Sale Price Title Company
Shrestha Myagreen $300,000 --
Shrestha Myagreen $300,000 None Listed On Document
Patel Jitendra N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shrestha Myagreen $240,000
Closed Shrestha Myagreen $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2024 10/28/24 Sold $420,000 +5.0% --
09/29/2024 09/29/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $400,000 +33.3% --
09/23/2022 09/23/22 Sold $300,000 +0.3% $238 / Sq Ft View Prior Sale
08/02/2022 08/02/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $299,000 -3.5% $237 / Sq Ft
07/08/2022 07/08/22 For Sale $310,000 -- $246 / Sq Ft
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
2025 $5,566 $356,200 $165,000 $191,200
2024 $5,566 $308,700 $165,000 $143,700
2023 $5,549 $288,700 $145,000 $143,700
2022 $5,044 $248,700 $105,000 $143,700
2021 $4,937 $223,700 $80,000 $143,700
2020 $4,827 $213,700 $70,000 $143,700
2019 $4,887 $213,700 $70,000 $143,700
2018 $4,590 $198,700 $55,000 $143,700
2017 $4,608 $198,700 $55,000 $143,700
2016 $4,531 $193,700 $50,000 $143,700
2015 $4,732 $203,700 $60,000 $143,700
2014 $4,775 $208,700 $65,000 $143,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Adarsh Lal

    REALTY ONE GROUP CENTRAL

    (201) 600-1910

    7 in this area

    65 Total Sales

    Adarsh Lal
    Section Image
  • Rich Taub

    Buyer's Agent in 2024

    Rich Taub

    TERRIE O'CONNOR REALTORS

    (551) 795-4275

    1 in this area

    42 Total Sales

    Rich Taub
    Section Image
  • Rana Bernhard

    Seller's Agent in 2022

    Rana Bernhard

    WEICHERT REALTORS

    (908) 507-5750

    57 in this area

    147 Total Sales

    Rana Bernhard
    Section Image

  • M

    Buyer's Agent in 2022

    MAHENDRA JOBANPUTRA

    DDS REAL ESTATE LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3924024

Garden State MLS

APN: 08-00034-04-00008-01-C0047

New Jersey Somerset County Franklin Park 08823

31 Pear Tree Ln, Franklin Park, NJ

Not Listed for Sale

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