NOT LISTED FOR SALE

42 Pear Tree Ln Unit 62 Franklin Park, NJ 08823

Franklin Park Neighborhood

Estimated Value: $400,676 - $438,000

2 Beds
2.5 Baths
1,656 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $310,000 $187 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,784/month

46 Days on Market

Highlights

  • Private Pool
  • Property is near public transit
  • Attic
  • Clubhouse
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of July 2021

Gorgeous Model 300 (largest 2 bedroom model)Townhome - Modern Kitchen - Formal Dining Room & Step Down Living Room w/Wood Floors, Recessed Lighting & Upgraded Molding - Enclosed Fla. Room & Patio - Remodeled Full Bath - Spacious Bedrooms Featuring Generously Sized Closets - Close to Pool/Tennis/Shopping/Public Transportation - Viewings Start 5/8/21 -Show & Sell!

Last Listed By

Jonathan Kessler

KUKER & KESSLER REAL ESTATE Listed on: 05/08/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,221

Year Built

  • Built in 1986

Lot Details

  • 871

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Patio

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, maintenance structure, snow removal, trash
  • Society Hill Subdivision
  • The community has rules related to vehicle restrictions

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Maintenance Expense $277

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,221

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Society Hill
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Pantry, Eat-in Kitchen, Separate Dining Area
  • Room Bedroom2 Area: 156
  • Room Living Room Area: 228
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 234
  • Room Dining Room Area: 187
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Entrance Foyer, Kitchen, Living Room, Dining Room, Florida Room, 2 Bedrooms, Bath Main, Attic
  • Living Area: 1656
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Public Transit
  • Pool Features: Outdoor Pool
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable TV, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Tennis Court(s), Curbs
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, Snow Removal, Trash

Lot Info

  • Zoning: CR

Multi Family

  • Maintenance Expense: 277

Tax Info

  • Tax Annual Amount: 5221
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jul 21, 2021
Sold by
Reilly Shannon
Bought by
Makhecha Kushal
Seller's Agent
Jonathan Kessler
KUKER & KESSLER REAL ESTATE
List Price
$310,000
Sold Price
$310,000
Total Days on Market
46
Current Estimated Value
$416,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,419
Avg. Annual Appreciation
7.42%
Original Mortgage
$248,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2000
Sold by
Hermansen John
Bought by
Reilly Edward and Hornstra Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 1995
Sold by
Derasari Manjul
Bought by
O'Rourke Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
7.37%

Range of Values:

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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
Makhecha Kushal $310,000 Westcor Land Title Ins Co
Reilly Edward $136,000 --
O'Rourke Mary $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Makhecha Kushal $248,000
Previous Owner Reilly Edward $131,920
Previous Owner O'Rourke Mary $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $310,000 0.0% $187 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $310,000 -- $187 / Sq Ft
Source: All 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 $5,701 $316,200 $145,000 $171,200
2023 $5,693 $296,200 $125,000 $171,200
2022 $5,397 $266,100 $85,000 $181,100
2021 $5,221 $241,100 $60,000 $181,100
2020 $5,221 $231,100 $50,000 $181,100
2019 $5,285 $231,100 $50,000 $181,100
2018 $5,338 $231,100 $50,000 $181,100
2017 $5,127 $221,100 $40,000 $181,100
2016 $5,055 $216,100 $35,000 $181,100
2015 $5,020 $216,100 $35,000 $181,100
2014 $4,944 $216,100 $35,000 $181,100
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Kessler

    Seller's Agent in 2021

    Jonathan Kessler

    KUKER & KESSLER REAL ESTATE

    (732) 297-8282

    8 in this area

    131 Total Sales

    Jonathan Kessler
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2116322R

All Jersey MLS

APN: 08-00034-04-00008-01-C0062

New Jersey Somerset County Franklin Park 08823 Franklin Park

42 Pear Tree Ln Unit 62, Franklin Park, NJ

Homes for Sale in Franklin Park, NJ

This home is located at 42 Pear Tree Ln Unit 62, Franklin Park, NJ 08823 since 08 May 2021 and is currently estimated at $416,419, approximately $251 per square foot. This property was built in 1986. 42 Pear Tree Ln Unit 62 is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

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