NOT LISTED FOR SALE

42 Pear Tree Ln Franklin Park, NJ 08823

Estimated Value: $417,175 - $420,000

2 Beds
2.5 Baths
-- Sq Ft
$277/mo HOA Fee

Last Sold July 23, 2021

Last sale price $310,000

Est. 35% increase in value since last sale

Current estimated payment $3,072/month

11 Days on Market

About This Home

As of July 2021

This home is located at 42 Pear Tree Ln, Franklin Park, NJ 08823 since 05 May 2021 and is currently estimated at $418,794. This property was built in 1986. 42 Pear Tree Ln is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

Last Agent to Sell the Property

Jonathan Kessler

KUKER & KESSLER REAL ESTATE Brokerage Phone: 732-297-8282 Listed on: 05/05/2021

Last Buyer's Agent

MARIA GOYANES

WEICHERT REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,701

Year Built

  • 1986

Lot Details

  • 871

HOA Fees

  • $277 per month

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,701

Year Built

1986

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • County Name: Somerset
  • Street Number Display: 42
  • I D: 5067943
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 732-297-8282
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1986

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Lot Info

  • Lot Size: COMMON ELEMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 21, 2021
Sold by
Reilly Shannon
Bought by
Makhecha Kushal
Seller's Agent
Jonathan Kessler
KUKER & KESSLER REAL ESTATE
Buyer's Agent
MARIA GOYANES
WEICHERT REALTORS
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Current Estimated Value
$418,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,794
Avg. Annual Appreciation
7.81%
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%
Source: Public Records

Range of Values:

Collateral Analytics

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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
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 +3.4% --
05/20/2021 05/20/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $299,900 -- --
Source: Garden State 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) 672-4699

    22 in this area

    131 Total Sales

    Jonathan Kessler
    Section Image

  • M

    Buyer's Agent in 2021

    MARIA GOYANES

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3710168

Garden State MLS

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

New Jersey Somerset County Franklin Park 08823

42 Pear Tree Ln, Franklin Park, NJ

This home is located at 42 Pear Tree Ln, Franklin Park, NJ 08823 since 05 May 2021 and is currently estimated at $418,794. This property was built in 1986. 42 Pear Tree Ln 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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