NOT LISTED FOR SALE

43 Gregory Ln Franklin Park, NJ 08823

Estimated Value: $378,000 - $426,000

2 Beds
2 Baths
-- Sq Ft
697 Sq Ft Lot

Last Sold October 10, 2020

Last sale price $1,775

Est. 22,342% increase in value since last sale

Current estimated payment $2,624/month

6 Days on Market

Highlights

  • Clubhouse
  • High Ceiling
  • Formal Dining Room
  • Wood Flooring
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of October 2020

A renter's dream! Completely updated penthouse unit with 2 bedrooms and 2 full baths. The kitchen is tastefully redone with Samsung stainless steel appliances, backsplash and granite countertops. Walk into a sun-kissed vaulted living room with a wood-burning fireplace. Luxury vinyl plank flooring throughout. Master bedroom has a private balcony and spacious walk-in closet. NEW hot water heater, NEW washer and dryer and NEW furnace. Must have good credit score. Pets at landlord's discretion.

Last Agent to Sell the Property

Nayna Bawa

NEW JERSEY REALTY L.L.C. Listed on: 10/02/2020

Last Buyer's Agent

Nayna Bawa

NEW JERSEY REALTY L.L.C. Listed on: 10/02/2020

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 697

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • On-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00020-0003-00009-0003-C2806
  • Tax Block *

Community Details

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Additional Features

  • Association fees include maintenance-common area, maintenance-exterior, snow removal
  • Clubhouse

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1991
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 43
  • Directions: Route 27 to South Middlebush Rd to Gregory
  • I D: 5021590
  • Modified: 2021-10-11
  • Number Images: 15
  • Section Subdiv Development: Society Hill VI
  • First Name: NAYNA
  • First Name3: NAYNA
  • Last Name: BAWA
  • Last Name3: BAWA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Dryer, Range/Oven-Gas, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Blinds, High Ceilings, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: 2 Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room
  • Ground Level Rooms: Foyer
  • Phone: 609-655-9222

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned, On-Street Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Tennis Courts
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Assessed Improvement Value: 173300
  • Assessed Land Value: 45000
  • Assessment: 218300
  • Easement: Unknown
  • Lot Identifier: 9.3
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4878
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00020-0003-00009-0003-C2806
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.232
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Oct 1, 2020
Sold by
Elkhoury Rody and Elkhoury Blaire
Bought by
Venkatarama Ravi and Vattikola Arundhati
Seller's Agent
Nayna Bawa
NEW JERSEY REALTY L.L.C.
Buyer's Agent
Nayna Bawa
NEW JERSEY REALTY L.L.C.
List Price
$1,750
Sold Price
$1,775
Premium/Discount to List
$25
1.43%
Current Estimated Value
$398,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,566
Avg. Annual Appreciation
199.20%

Purchase Details

Listed on
May 15, 2014
Closed on
May 15, 2014
Sold by
Lavecchia Liana
Bought by
Elkhoury Rody
Seller's Agent
Janice Gueren
RE/MAX DIAMOND REALTORS
Buyer's Agent
Carla Martino
RE/MAX DIAMOND REALTORS
Sold Price
$194,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$164,900
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2006
Sold by
Karam Roselyne
Bought by
Lavecchia Liana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.79%

Purchase Details

Closed on
Apr 30, 2002
Sold by
Wood James
Bought by
Karam Roselyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.13%

Purchase Details

Closed on
May 11, 1993
Sold by
K Hovnanian @ Somerset Vi Inc
Bought by
Wood James
Source: Public Records

Range of Values:

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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
Venkatarama Ravi $249,100 Old Republic Title
Venkatarama Ravi $249,100 Old Republic Title
Elkhoury Rody $194,000 Premier Abstract & Title Age
Lavecchia Liana $255,000 --
Karam Roselyne $145,000 --
Wood James $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elkhoury Rody $164,900
Previous Owner Lalecchia Liana La $185,900
Previous Owner Lavecchia Liana $25,000
Previous Owner Lavecchia Liana $204,000
Previous Owner Karam Roselyne $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2020 10/10/20 Sold $1,775 +1.4% --
10/08/2020 10/08/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $1,750 -99.3% --
10/01/2020 10/01/20 Sold $249,100 +3.8% --
09/24/2020 09/24/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $239,900 +23.7% --
05/15/2014 05/15/14 Sold $194,000 -- --
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
2025 $5,649 $371,000 $140,000 $231,000
2024 $5,649 $313,300 $140,000 $173,300
2023 $5,637 $293,300 $120,000 $173,300
2022 $5,137 $253,300 $80,000 $173,300
2021 $4,931 $228,300 $55,000 $173,300
2020 $4,931 $218,300 $45,000 $173,300
2019 $4,878 $213,300 $40,000 $173,300
2018 $4,253 $184,100 $15,000 $169,100
2017 $4,269 $184,100 $15,000 $169,100
2016 $4,306 $184,100 $15,000 $169,100
2015 $4,277 $184,100 $15,000 $169,100
2014 $4,212 $184,100 $15,000 $169,100
Source: Public Records

Agents Affiliated with this Home

  • Carla Martino

    Seller's Agent in 2020

    Carla Martino

    RE/MAX

    4 in this area

    20 Total Sales

    Carla Martino
    Section Image
  • Nayna Bawa

    Seller's Agent in 2020

    Nayna Bawa

    NEW JERSEY REALTY L.L.C.

    (609) 655-9222

    21 in this area

    88 Total Sales

    Nayna Bawa
    Section Image
  • Janice Gueren

    Seller's Agent in 2014

    Janice Gueren

    RE/MAX

    24 in this area

    36 Total Sales

    Janice Gueren
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3668848

Garden State MLS

APN: 08-00020-03-00009-03-C2806

New Jersey Somerset County Franklin Park 08823

43 Gregory Ln, Franklin Park, NJ

This home is located at 43 Gregory Ln, Franklin Park, NJ 08823 since 02 October 2020 and is currently estimated at $398,341. This property was built in 1991. 43 Gregory Ln 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.

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