NOT LISTED FOR SALE

35 Magellan Way Franklin Park, NJ 08823

Estimated Value: $757,000 - $803,598

4 Beds
2.5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold April 05, 2021

Last sale price $541,000

Est. 45% increase in value since last sale

Current estimated payment $5,297/month

23 Days on Market

Highlights

  • Tennis Courts
  • Colonial Architecture
  • Fireplace
  • Views to the East
  • Property is near a park
  • Attached Garage

About This Home

As of April 2021

LARGEST MODEL IN NOB HILL! This beautiful 4 Bedroom 2.5 Bathroom Colonial offers 2300 SQFT of living space on 0.17 Acres of land. The property features hardwood flooring throughout the house, newly renovated 16' x 32' 10' deep In-Ground Swimming Pool with new salt water system, Two-Story Family room, Gorgeous Wood Burning Fireplace, and a fully finished Basement. Large open floor plan, Stainless Steel Appliances in Granite Kitchen with breakfast nook, Master Bedroom with Cathedral Ceiling, CA-Style Walk-In Closet and En-suite Master Bathroom. Great Community offering Tennis Court, Swimming Pool for common use. Walking Distance to Grocery Shopping, Restaurants and Gym. School bus stops right outside the house. Less than 5 mins walk to Bus Stop with Express #100 or Local #600 to NYC.

Last Agent to Sell the Property

Minni Chalana

EXP Realty, LLC Listed on: 12/19/2020

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,758

Lot Details

  • 7,405 Sq Ft Lot
  • Rectangular Lot

Parking

  • Attached Garage

Home Design

  • Built in the 1990s
  • Colonial Architecture
  • Vinyl Construction Material

Interior Spaces

  • Fireplace
  • Views to the East
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Tennis Courts

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 180800020000500051

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,758

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans
  • Miscellaneous: Tennis
  • Views/Exposure: East
  • Year Built: 1990's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 8
  • Fireplace: 1 Fireplace
  • Bedrooms: 4
  • Total Bathrooms: 2.10
  • Primary Bathroom: Y
  • Full Bathrooms: 2
  • Partial Bathroom: 1
  • Basement: Finished
  • Basement: Fully Finished
  • Items Not Included: Personal items
  • Items Included: All appliances

Exterior Features

  • Exterior: Vinyl
  • Waterfront: None

Garage/Parking

  • Garage: Attached

Utilities

  • Heating: Electric, Gas, Hot Water
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Association: Annual Fee

Lot Info

  • County Name: SOMERSET
  • Lot: 00051
  • Lot Description: Regular
  • Lot Dimensions: .17 acres
  • Estimated Lot Sq Ft: 7405

Tax Info

  • Tax: 10758
  • Assessor Parcel Number: 180800020000500051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Mar 11, 2021
Sold by
Bhatia Upvan and Bhatia Palka
Bought by
Sheth Geet M and Desai Pooja
Seller's Agent
Minni Chalana
EXP Realty, LLC
Buyer's Agent
Outside Agent
Outside Office
List Price
$499,000
Sold Price
$541,000
Premium/Discount to List
$42,000
8.42%
Current Estimated Value
$786,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,650
Avg. Annual Appreciation
9.28%
Original Mortgage
$427,390
Outstanding Balance
$388,044
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$398,606

Purchase Details

Closed on
Oct 1, 2015
Sold by
Kline Norman L
Bought by
Bhatia Upvan and Bhatia Palka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,300
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Beasley James
Bought by
Kline Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.46%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Hartman Maria
Bought by
Beasley James and Beasley Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.42%

Purchase Details

Closed on
Feb 1, 1992
Sold by
Nogueras Juan J and Nogueras Agustina S
Bought by
Hartman Terrence L and Hartman Maria L

Purchase Details

Closed on
Oct 5, 1990
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Nogueras Juan and Nogueras Augustina
Source: Public Records

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Range of Values:

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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
Sheth Geet M $541,000 Amtrust Title Insurance Co
Bhatia Upvan $469,000 Agent For First Amer Title I
Kline Norman $394,000 --
Beasley James $225,000 --
Hartman Terrence L -- --
Nogueras Juan $201,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheth Geet M $427,390
Previous Owner Bhatia Upvan $328,300
Previous Owner Kline Norman L $215,000
Previous Owner Kline Norman L $120,000
Previous Owner Kline Norman $250,000
Previous Owner Beasley James $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $541,000 +8.4% --
01/11/2021 01/11/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $499,000 +6.4% --
12/02/2015 12/02/15 Sold $469,000 -- --
Source: New Jersey 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
2024 $11,186 $620,400 $307,400 $313,000
2023 $10,963 $570,400 $257,400 $313,000
2022 $10,959 $540,400 $227,400 $313,000
2021 $10,852 $490,400 $177,400 $313,000
2020 $10,852 $480,400 $167,400 $313,000
2019 $10,758 $470,400 $157,400 $313,000
2018 $10,524 $455,600 $137,400 $318,200
2017 $10,333 $445,600 $127,400 $318,200
2016 $10,306 $440,600 $122,400 $318,200
2015 $10,119 $435,600 $117,400 $318,200
2014 $9,532 $416,600 $116,400 $300,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 20051876

New Jersey MLS

APN: 08-00020-05-00051