NOT LISTED FOR SALE

5 Balboa Ln Franklin Park, NJ 08823

Estimated Value: $440,367 - $456,000

2 Beds
3 Baths
-- Sq Ft
1992 Built

Last Sold January 31, 2012

Last sale price $205,000

Est. 120% increase in value since last sale

Current estimated payment $2,930/month

About This Home

As of January 2012

This home is located at 5 Balboa Ln, Franklin Park, NJ 08823 since 31 January 2012 and is currently estimated at $450,092. This property was built in 1992. 5 Balboa 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.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,514

Year Built

  • Built in 1992

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,514

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Year Built: 1992
  • County Name: Somerset
  • Street Number Display: 5
  • I D: 4098895
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 732-220-6611
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Lot Info

  • Lot Size: COMMON ELEMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
Jan 30, 2012
Sold by
Adames Nelson and Adames Zoila
Bought by
Jones Vanessa
Sold Price
$205,000
Current Estimated Value
$450,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,092
Avg. Annual Appreciation
5.92%
Original Mortgage
$194,750
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2002
Sold by
Mercado Marie
Bought by
Adames Nelson and Adames Zoila

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
6.34%

Purchase Details

Closed on
May 26, 1993
Sold by
Hovnanian At Somerset Viii
Bought by
Mercado Ronald and Mercado Marie M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Jones Vanessa $205,000 None Available
Adames Nelson $195,000 --
Mercado Ronald $117,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Vanessa $194,750
Previous Owner Adames Nelson $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2012 01/31/12 Sold $205,000 -- --
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 $6,514 $418,600 $190,000 $228,600
2024 $6,514 $361,300 $190,000 $171,300
2023 $5,983 $311,300 $140,000 $171,300
2022 $5,908 $291,300 $120,000 $171,300
2021 $5,877 $266,300 $95,000 $171,300
2020 $5,790 $256,300 $85,000 $171,300
2019 $5,862 $256,300 $85,000 $171,300
2018 $5,593 $242,100 $75,000 $167,100
2017 $5,151 $222,100 $55,000 $167,100
2016 $5,078 $217,100 $50,000 $167,100
2015 $4,811 $207,100 $40,000 $167,100
2014 $4,853 $212,100 $45,000 $167,100
Source: Public Records

Map

Source: Garden State MLS

MLS Number: 2817238

Garden State MLS

APN: 08-00020-04-00011-01-C3903

New Jersey Somerset County Franklin Park 08823

5 Balboa Ln, Franklin Park, NJ

This home is located at 5 Balboa Ln, Franklin Park, NJ 08823 since 31 January 2012 and is currently estimated at $450,092. This property was built in 1992. 5 Balboa 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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