NOT LISTED FOR SALE

40 Taylor Dr Franklin Park, NJ 08823

Estimated Value: $258,000 - $294,000

2 Beds
1 Bath
853 Sq Ft
$250/mo HOA Fee

Last Sold April 30, 2019

Last sale price $156,000 $183 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,018/month

1 Day on Market

Highlights

  • Community Pool
  • Breakfast Room
  • Walk-In Closet
  • Tennis Courts
  • Butlers Pantry
  • Living Room

About This Home

As of April 2019

Ready to Move in 2 bed room condo with one full bath on 2nd floor.

Last Agent to Sell the Property

Jane Chen

(732) 822-1607 janechen1st@gmail.com Hutchinson Homes Real Estate License #9701159 Listed on: 03/12/2019

Last Buyer's Agent

Jane Chen

(732) 822-1607 janechen1st@gmail.com Hutchinson Homes Real Estate License #9701159 Listed on: 03/12/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1986

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 853 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room

Kitchen

  • Butlers Pantry
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Public Septic

Listing and Financial Details

  • Tax Lot 00016 02
  • Assessor Parcel Number 08-00034 01-00016 02-C3416

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, parking fee, snow removal, trash
  • Society Hill II @ Somerset HOA
  • Low-Rise Condominium

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,119

Year Built

Built in 1986

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Combination Kitchen/Dining, Pantry, Stall Shower, Walk-In Closet(s)
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Breakfast Room, Laundry, Full Bath
  • Basement: No
  • Total Sq Ft: 853
  • Living Area Sq Ft: 853
  • Price Per Sq Ft: 185.23
  • Above Grade Finished Sq Ft: 853
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Parking Fee, Snow Removal, Trash
  • HOA Name: SOCIETY HILL II @ SOMERSET
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CR

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3119.00
  • Assessor Parcel Number: 08-00034 01-00016 02-C3416
  • Tax Lot: 00016 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
May 6, 2019
Sold by
Adams Richard P and Estate Of Anna R Adams
Bought by
Lee Ronald and Ye Linna
Seller's Agent
Jane Chen
Hutchinson Homes Real Estate
Buyer's Agent
Jane Chen
Hutchinson Homes Real Estate
List Price
$158,000
Sold Price
$156,000
Premium/Discount to List
-$2,000
-1.27%
Current Estimated Value
$278,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,428
Avg. Annual Appreciation
9.16%
Original Mortgage
$124,800
Outstanding Balance
$81,019
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$197,409
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lee Ronald $156,000 Title Authority Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ronald $124,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $156,000 -1.3% $183 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $158,000 -- $185 / Sq Ft
Source: Bright 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
2025 $3,696 $245,000 $130,000 $115,000
2024 $3,696 $205,000 $90,000 $115,000
2023 $3,748 $195,000 $80,000 $115,000
2022 $3,549 $175,000 $60,000 $115,000
2021 $3,642 $165,000 $50,000 $115,000
2020 $3,501 $155,000 $40,000 $115,000
2019 $3,087 $135,000 $20,000 $115,000
2018 $3,119 $135,000 $20,000 $115,000
2017 $2,242 $96,700 $20,000 $76,700
2016 $2,982 $127,500 $20,000 $107,500
2015 $2,246 $96,700 $20,000 $76,700
2014 $2,213 $96,700 $20,000 $76,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSO111050

Bright MLS

APN: 08-00034-01-00016-02-C3416