Seller's Agent in 2023
Tara Mascola
RE/MAX
(908) 239-5564
2 in this area
55 Total Sales
32 Cabot Way Franklin Park, NJ 08823
Estimated Value: $539,000 - $573,000
3
Beds
3
Baths
--
Sq Ft
1,045
Sq Ft Lot
About This Home
As of October 2023This home is located at 32 Cabot Way, Franklin Park, NJ 08823 since 25 August 2023 and is currently estimated at $557,962. This property was built in 1992. 32 Cabot 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.
Last Agent to Sell the Property
RE/MAX INSTYLE Brokerage Phone: 609-303-3456 Listed on: 08/25/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,693
Year Built
- Built in 1992
Lot Details
- 1,045
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 25, 2023
Closed on
Oct 3, 2023
Sold by
Patel Mahesh G and Patel Shobhana M
Bought by
Natarajan Swaminathan and Ramani Anandhi
Seller's Agent
Tara Mascola
RE/MAX INSTYLE
Buyer's Agent
Fred Tessier
EXP REALTY, LLC
List Price
$490,000
Sold Price
$525,000
Premium/Discount to List
$35,000
7.14%
Views
387
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,962
Avg. Annual Appreciation
2.83%
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
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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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/05/2023 10/05/23 | Sold | $525,000 | +7.1% | -- |
| 09/28/2023 09/28/23 | Pending | -- | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $490,000 | -- | -- |
Source: Garden State MLS
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
Agents Affiliated with this Home
-
Tara Mascola
-
Fred Tessier
Buyer's Agent in 2023
Fred Tessier
EXP REALTY, LLC
(908) 652-9227
5 in this area
86 Total Sales
Map
Source: Garden State MLS
MLS Number: 3861620
APN: 08-00020-10-00011-02-C2801
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