NOT LISTED FOR SALE

40 Edward Dr Franklin Park, NJ 08823

Estimated Value: $292,404 - $327,000

-- Bed
-- Bath
1,251 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 40 Edward Dr, Franklin Park, NJ 08823 and is currently estimated at $309,851, approximately $247 per square foot. 40 Edward Dr 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
Aug 11, 2021
Sold by
Patel Dvigesh I and Shah Sonal
Bought by
Adams Martine E
Current Estimated Value
$309,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2004
Sold by
Limbachia Ramesh
Bought by
Walker Wayne E and Walker Heidi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,440
Interest Rate
5.4%

Purchase Details

Closed on
Aug 13, 1997
Sold by
Sien Joe
Bought by
Linbachia Ramesh and Linbachia Renuka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.36%

Purchase Details

Closed on
Mar 1, 1993
Sold by
Minaya Andres and Maria Reyes
Bought by
Bien Joseph

Purchase Details

Closed on
Aug 22, 1990
Sold by
K Hovnanian At Somerset Vi Inc
Bought by
Minaya Andres
Source: Public Records

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

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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
Adams Martine E $208,530 None Available
Walker Wayne E $131,801 --
Linbachia Ramesh $77,600 --
Bien Joseph $75,000 --
Minaya Andres $72,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Adams Martine E $0
Closed Adams Martine E $0
Open Adams Martine E $196,000
Previous Owner Shah Sonal $112,000
Previous Owner Shah Sonal $112,000
Previous Owner Walker Wayne E $37,500
Previous Owner Walker Wayne E $105,440
Previous Owner Linbachia Ramesh $176,000
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 $2,944 $163,300 $20,000 $143,300
2023 $3,139 $163,300 $20,000 $143,300
2022 $3,312 $163,300 $20,000 $143,300
2021 $3,689 $163,300 $20,000 $143,300
2020 $3,689 $163,300 $20,000 $143,300
2019 $3,735 $163,300 $20,000 $143,300
2018 $3,772 $163,300 $20,000 $143,300
2017 $3,787 $163,300 $20,000 $143,300
2016 $3,820 $163,300 $20,000 $143,300
2015 $3,793 $163,300 $20,000 $143,300
2014 $3,736 $163,300 $20,000 $143,300
Source: Public Records

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