NOT LISTED FOR SALE

49 Franklin School Way Unit 60 Metuchen, NJ 08840

Estimated Value: $604,000 - $680,000

2 Beds
2 Baths
1,581 Sq Ft
741 Sq Ft Lot

Last Sold May 04, 2022

Last sale price $507,000 $321 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,556/month

102 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Living Room
  • Campbell Elementary School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of May 2022

Impeccable ground floor unit with basement. Finished basement features office with window. East facing front door. Bright eat in kitchen with large window. Secluded porch hidden behind the trees. Huge primary bedroom with large closet and private bath. Showings begin on 1/22 weather permitting.

Last Agent to Sell the Property

Aditya Kaveria

BH HOMESERVICES FOX & ROACH Listed on: 01/22/2022

BH HOMESERVICES FOX & ROACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,251

Lot Details

  • 741

Parking

  • Assigned Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,581 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, insurance, maintenance structure, snow removal, trash
  • Franklin Square Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • Pets Allowed

Building Details

  • Maintenance Expense $313

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,251

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Franklin Square
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Gas Range/Oven, Gas Water Heater
  • Has Basement: Full, Finished, Other Room(s), Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Living Room, Bath Main, Bath Other
  • Living Area: 1581
  • Stories: 1

Exterior Features

  • Lot Features: See Remarks
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure, Snow Removal, Trash

Lot Info

  • Zoning: F1

Multi Family

  • Maintenance Expense: 313

Tax Info

  • Tax Annual Amount: 12251
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Patel Babubhai B and Patel Kanta
Bought by
Patel Kanta and Patel Babubhai B
Current Estimated Value
$641,503

Purchase Details

Closed on
May 29, 2018
Sold by
Ramalingam Mohanram and Ramakrishnan Aarti
Bought by
Prasad Krishnakamal and Chatterjee Vandana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2015
Sold by
Ramalingam Mohanram and Ramakrishnan Aarti
Bought by
Ramalingam Mohanram and Ramakrishnan Aarti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,895
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2009
Sold by
Gomez Ivan and Gomez Teresa
Bought by
Ramalinkgam Mohanram and Ramakrishnan Aarti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2002
Sold by
Franklin Square Devt
Bought by
Gomez Ivan and Gomez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.61%
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
Patel Kanta -- Stewart Title
Patel Kanta -- Stewart Title
Prasad Krishnakamal $440,000 Commonwealth Title
Ramalingam Mohanram -- None Available
Ramalinkgam Mohanram $415,000 Multiple
Gomez Ivan $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prasad Krishnakamal $352,000
Previous Owner Ramalingam Mohanram $336,895
Previous Owner Ramalinkgam Mohanram $373,500
Previous Owner Gomez Ivan $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2022 05/04/22 Sold $507,000 0.0% $321 / Sq Ft
01/22/2022 01/22/22 For Sale -- -- --
01/22/2022 01/22/22 For Sale $507,000 -- $321 / Sq Ft
Source: All Jersey 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 $13,687 $196,800 $24,600 $172,200
2024 $13,229 $196,800 $24,600 $172,200
2023 $13,229 $196,800 $24,600 $172,200
2022 $12,538 $196,800 $24,600 $172,200
2021 $12,251 $196,800 $24,600 $172,200
2020 $12,089 $196,800 $24,600 $172,200
2019 $11,079 $196,800 $24,600 $172,200
2018 $11,555 $196,800 $24,600 $172,200
2017 $11,555 $196,800 $24,600 $172,200
2016 $11,355 $196,800 $24,600 $172,200
2015 $11,103 $196,800 $24,600 $172,200
2014 $10,826 $196,800 $24,600 $172,200
Source: Public Records

Agents Affiliated with this Home

  • Aditya Kaveria

    Seller's Agent in 2022

    Aditya Kaveria

    BH HOMESERVICES FOX & ROACH

    (908) 705-4885

    6 in this area

    81 Total Sales

    Aditya Kaveria
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2208597R

All Jersey MLS

APN: 09-00085-01-00001-0000-C0060

New Jersey Middlesex County Metuchen 08840

49 Franklin School Way Unit 60, Metuchen, NJ

This home is located at 49 Franklin School Way Unit 60, Metuchen, NJ 08840 since 22 January 2022 and is currently estimated at $641,503, approximately $405 per square foot. 49 Franklin School Way Unit 60 is a home located in Middlesex County with nearby schools including Campbell Elementary School, Edgar Middle School, and Metuchen High School.

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