32 Cabot Way Unit 2801 Franklin Park, NJ 08823
Estimated Value: $539,000 - $573,000
3
Beds
3
Baths
1,866
Sq Ft
$299/Sq Ft
Est. Value
About This Home
This home is located at 32 Cabot Way Unit 2801, Franklin Park, NJ 08823 and is currently estimated at $557,962, approximately $299 per square foot. 32 Cabot Way Unit 2801 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
Oct 3, 2023
Sold by
Patel Mahesh G and Patel Shobhana M
Bought by
Natarajan Swaminathan and Ramani Anandhi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$475,800
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$82,162
Purchase Details
Closed on
Jun 30, 1993
Sold by
K Hovnanian @ Somerset Viii Inc
Bought by
Patel Mahesh C and Patel Shobhana M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Natarajan Swaminathan | $525,000 | First American Title | |
| Patel Mahesh C | $142,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Natarajan Swaminathan | $485,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,693 | $497,500 | $215,000 | $282,500 |
| 2024 | $7,693 | $426,700 | $215,000 | $211,700 |
| 2023 | $7,625 | $396,700 | $185,000 | $211,700 |
| 2022 | $7,031 | $346,700 | $135,000 | $211,700 |
| 2021 | $7,100 | $321,700 | $110,000 | $211,700 |
| 2020 | $7,041 | $311,700 | $100,000 | $211,700 |
| 2019 | $6,786 | $296,700 | $85,000 | $211,700 |
| 2018 | $6,443 | $278,900 | $75,000 | $203,900 |
| 2017 | $6,468 | $278,900 | $75,000 | $203,900 |
| 2016 | $6,407 | $273,900 | $70,000 | $203,900 |
| 2015 | $5,898 | $253,900 | $50,000 | $203,900 |
| 2014 | $5,924 | $258,900 | $55,000 | $203,900 |
Source: Public Records
Map
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