43 Cabot Way Franklin Park, NJ 08823
Estimated Value: $533,000 - $548,000
3
Beds
3
Baths
1,825
Sq Ft
$296/Sq Ft
Est. Value
About This Home
This home is located at 43 Cabot Way, Franklin Park, NJ 08823 and is currently estimated at $540,953, approximately $296 per square foot. 43 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
Jul 11, 2016
Sold by
Carrington Paul and Hafezi Rameh
Bought by
Gondek Mary and Gondek Jessica
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
$216,000
Outstanding Balance
$172,544
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$368,409
Purchase Details
Closed on
Oct 20, 2006
Sold by
Mann James
Bought by
Rescorla Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.49%
Purchase Details
Closed on
Jul 21, 2006
Sold by
Mair Hyacinth Elaine
Bought by
Carrington Paul and Hafezi Rameh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
6.67%
Purchase Details
Closed on
May 21, 1999
Sold by
Lee Richard
Bought by
Mair Hyacinth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
6.88%
Purchase Details
Closed on
Jul 21, 1993
Sold by
K Hovnanian @ Somerset Viii Inc
Bought by
Lee Richard C and Lee Mihelle M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gondek Mary | $270,000 | Premier Abstract & Title Age | |
| Rescorla Kimberly | $272,000 | -- | |
| Carrington Paul | $332,000 | -- | |
| Mair Hyacinth | $146,000 | -- | |
| Lee Richard C | $132,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gondek Mary | $216,000 | |
| Previous Owner | Rescorla Kimberly | $185,000 | |
| Previous Owner | Carrington Paul | $265,600 | |
| Previous Owner | Mair Hyacinth | $94,900 |
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 | $7,528 | $485,200 | $215,000 | $270,200 |
| 2024 | $7,528 | $417,500 | $215,000 | $202,500 |
| 2023 | $7,448 | $387,500 | $185,000 | $202,500 |
| 2022 | $6,845 | $337,500 | $135,000 | $202,500 |
| 2021 | $6,897 | $312,500 | $110,000 | $202,500 |
| 2020 | $6,833 | $302,500 | $100,000 | $202,500 |
| 2019 | $6,575 | $287,500 | $85,000 | $202,500 |
| 2018 | $6,327 | $273,900 | $75,000 | $198,900 |
| 2017 | $6,120 | $263,900 | $65,000 | $198,900 |
| 2016 | $6,056 | $258,900 | $60,000 | $198,900 |
| 2015 | $5,550 | $238,900 | $40,000 | $198,900 |
| 2014 | $5,580 | $243,900 | $45,000 | $198,900 |
Source: Public Records
Map
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