43 Magellan Way Franklin Park, NJ 08823
Estimated Value: $649,000 - $717,000
3
Beds
3
Baths
2,092
Sq Ft
$323/Sq Ft
Est. Value
About This Home
This home is located at 43 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $676,174, approximately $323 per square foot. 43 Magellan 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
Apr 30, 2009
Sold by
Falcone Vicenzo and Falcone Vincenza
Bought by
Ziauddin Abu S M and Ferdouse Ambarin
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
$308,000
Interest Rate
4.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 14, 1995
Sold by
Chiavaro Joanne
Bought by
Falcone Vincenze
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 9, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Chiavaro Joanne T and Chiavaro Catherine A
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Ziauddin Abu S M | $385,000 | Consolidated Title Group Ll | |
Falcone Vincenze | $185,000 | -- | |
Chiavaro Joanne T | $172,200 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Ziauddin Abu S M | $276,965 | |
Closed | Ziauddin Abu S M | $42,000 | |
Closed | Ziauddin Abu Sm | $292,000 | |
Closed | Ziauddin Abu S M | $43,000 | |
Closed | Ziauddin Abu S M | $308,000 | |
Previous Owner | Falcone Vincenzo | $125,000 | |
Previous Owner | Falcone Vincenze | $70,000 |
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 |
---|---|---|---|---|
2024 | $9,776 | $542,200 | $305,700 | $236,500 |
2023 | $9,460 | $492,200 | $255,700 | $236,500 |
2022 | $9,373 | $462,200 | $225,700 | $236,500 |
2021 | $9,097 | $412,200 | $175,700 | $236,500 |
2020 | $9,086 | $402,200 | $165,700 | $236,500 |
2019 | $8,970 | $392,200 | $155,700 | $236,500 |
2018 | $8,716 | $377,300 | $135,700 | $241,600 |
2017 | $8,518 | $367,300 | $125,700 | $241,600 |
2016 | $8,474 | $362,300 | $120,700 | $241,600 |
2015 | $8,439 | $363,300 | $115,700 | $247,600 |
2014 | $8,289 | $362,300 | $114,700 | $247,600 |
Source: Public Records
Map
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