NOT LISTED FOR SALE

32 Cabot Way Unit 2801 Franklin Park, NJ 08823

Franklin Park Neighborhood

Estimated Value: $518,000 - $586,000

3 Beds
3 Baths
1,866 Sq Ft
$292/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 $545,631, approximately $292 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
$545,631

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
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1993
Sold by
K Hovnanian @ Somerset Viii Inc
Bought by
Patel Mahesh C and Patel Shobhana M

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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 $403,900
Closed Natarajan Swaminathan $485,450
Closed Natarajan Swaminathan $485,000
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
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

New Jersey Somerset County Franklin Park 08823 Franklin Park

32 Cabot Way Unit 2801, Franklin Park, NJ

Homes for Sale in Franklin Park, NJ

This home is located at 32 Cabot Way Unit 2801, Franklin Park, NJ 08823 and is currently estimated at $545,631, approximately $292 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.

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