$390,195 - $412,000
RENTED JAN 5, 2025

5 Gregory Ln Unit 2704 Franklin Park, NJ 08823

2 Beds
2 Baths
1,311 Sq Ft
1991 Built

Highlights

  • Contemporary Architecture
  • Formal Dining Room
  • Separate Shower in Primary Bathroom
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of January 2025

Sunny Second Floor penthouse condo - this 2 Bedroom home feature a large Living Room with Fireplace, Eat-In Kitchen and more. Located in the prestigious Society Hill VI community in Franklin Park. Move-in condition newer wood bedroom floors. Amenities include clubhouse, community swimming pool, tennis courts, playgrounds and hiking trails. Convenient to train and bus transportation to New York and Philadelphia. Close to shopping, colleges and universities, places of worship, major highways (Rt.1, NJ Turnpike, Route 287, etc.)

Last Agent to Rent the Property

Carol Robinson

RE/MAX DIAMOND, REALTORS Listed on: 09/09/2024

RE/MAX DIAMOND, REALTORS

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,649

Year Built

  • Built in 1991

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,311 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Paved Parking
  • On-Site Parking
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities, hot water, water
  • 12 Month Lease Term

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash, maintenance fee
  • Society Hill Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,649

Year Built

Built in 1991

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, See Remarks, Hot Water, Water

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Society Hill
  • Architectural Style: Contemporary, Remarks, Development Home
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 2nd Floor
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Development Home
  • Year Built: 1991
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub, Stall Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Stove/Oven, Microwave Oven, Washer/Dryer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl-Linoleum, Wood
  • Interior Amenities: None, 2 Bedrooms, Kitchen, Laundry Room, Living Room, Bath Full, Bath Main, Storage, Dining Room
  • Living Area: 1311
  • Stories: 2

Exterior Features

  • Exterior Features: Curbs, Sidewalk

Garage/Parking

  • Parking Features: On Site, Unassigned, Paved, Assigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee, See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2006
Sold by
Rose Roy E
Bought by
Wilson Keryon
Current Estimated Value
$387,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.67%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Scarno Priscialia
Bought by
Rose Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,950
Interest Rate
6.7%

Purchase Details

Closed on
Jun 25, 1995
Sold by
Feay Yvette
Bought by
Scarano Priscilla

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
7.84%

Purchase Details

Closed on
Jul 22, 1993
Sold by
K Hovnanian @ Somerset Vi Inc
Bought by
Feay Yvette M
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
Wilson Keryon $260,000 --
Rose Leroy $99,999 --
Scarano Priscilla $87,000 --
Feay Yvette M $107,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Keryon $197,000
Closed Wilson Keryon $208,000
Previous Owner Rose Leroy $99,950
Previous Owner Scarano Priscilla $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2025 01/05/25 Rented $2,400 -4.0% --
09/09/2024 09/09/24 For Rent $2,500 +8.7% --
05/02/2022 05/02/22 Rented $2,300 0.0% --
02/26/2022 02/26/22 For Rent -- -- --
02/26/2022 02/26/22 For Rent $2,300 -- --
02/25/2022 02/25/22 For Rent -- -- --
02/24/2022 02/24/22 For Rent -- -- --
02/22/2022 02/22/22 For Rent -- -- --
02/21/2022 02/21/22 For Rent -- -- --
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
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 $5,039 $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

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Map

Source: All Jersey MLS

MLS Number: 2502879R

All Jersey MLS

APN: 08-00020-03-00009-03-C2704