NOT LISTED FOR SALE

43 Magellan Way Franklin Park, NJ 08823

Estimated Value: $700,278 - $726,000

3 Beds
3 Baths
1,980 Sq Ft
$362/Sq Ft Est. Value

About This Home

This home is located at 43 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $716,320, approximately $361 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
$716,320

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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 $308,000
Previous Owner Falcone Vincenze $70,000
Source: Public Records

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 $9,776 $621,000 $305,700 $315,300
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

New Jersey Somerset County Franklin Park 08823

43 Magellan Way, Franklin Park, NJ

This home is located at 43 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $716,320, approximately $361 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.

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