42 Cabot Way Franklin Park, NJ 08823
Estimated Value: $427,000 - $460,000
2
Beds
3
Baths
1,444
Sq Ft
$307/Sq Ft
Est. Value
About This Home
This home is located at 42 Cabot Way, Franklin Park, NJ 08823 and is currently estimated at $443,529, approximately $307 per square foot. 42 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 1996
Sold by
Malkin Ricky
Bought by
Mann James
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$4,954
Interest Rate
8.37%
Estimated Equity
$438,575
Purchase Details
Closed on
May 25, 1993
Sold by
K Hovnanian At Somerset Viii Inc
Bought by
Malkin Ricky A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mann James | $112,000 | -- | |
| Malkin Ricky A | $113,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mann James | $75,000 |
Source: Public Records
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 | $6,514 | $418,600 | $190,000 | $228,600 |
| 2024 | $6,514 | $361,300 | $190,000 | $171,300 |
| 2023 | $5,983 | $311,300 | $140,000 | $171,300 |
| 2022 | $5,908 | $291,300 | $120,000 | $171,300 |
| 2021 | $5,877 | $266,300 | $95,000 | $171,300 |
| 2020 | $5,790 | $256,300 | $85,000 | $171,300 |
| 2019 | $5,862 | $256,300 | $85,000 | $171,300 |
| 2018 | $5,593 | $242,100 | $75,000 | $167,100 |
| 2017 | $5,151 | $222,100 | $55,000 | $167,100 |
| 2016 | $5,078 | $217,100 | $50,000 | $167,100 |
| 2015 | $4,811 | $207,100 | $40,000 | $167,100 |
| 2014 | $4,853 | $212,100 | $45,000 | $167,100 |
Source: Public Records
Map
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