NOT LISTED FOR SALE

50 Edward Dr Unit H2 Franklin Park, NJ 08823

Estimated Value: $380,935 - $390,000

2 Beds
2 Baths
1,197 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $226,000 $189 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,818/month

37 Days on Market

Highlights

  • Private Pool
  • Deck
  • Wood Flooring
  • Clubhouse
  • Cathedral Ceiling
  • Attic

About This Home

As of October 2018

Bright Second floor Home with Vaulted Ceiling and more. Home features hardwood flooring, fireplace, large living room, dining room, and laundry room. Close to bus line and shopping. Take advantage of the association pool, clubhouse, playground and tennis court.

Last Agent to Sell the Property

Joseph G Buono

RE/MAX DIAMOND REALTORS Listed on: 06/30/2018

RE/MAX DIAMOND REALTORS

Last Buyer's Agent

GREGORIO E. RACELIS JR.

RACELIS REALTY, INC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,420

Year Built

  • Built in 1991

Lot Details

  • Sprinkler System

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Deck

Schools

  • Franklin Elementary And Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2708-00034-0010-00059-0001-C0316
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,420

Year Built

Built in 1991

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Style: One Floor Unit, Townhouse-Interior
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1991
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 50
  • Directions: South Middlebush to Edward
  • I D: 4818283
  • Modified: 2021-09-23
  • Number Images: 7
  • Section Subdiv Development: Society Hill 6
  • First Name: JOSEPH G.
  • First Name3: GREGORIO E.
  • Last Name: BUONO
  • Last Name3: RACELIS JR.
  • Office Phone: 732-297-1100
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: Second
  • Living Room Level: Second
  • Level 1 Rooms: Foyer
  • Level 2 Rooms: Laundry Room, 2 Bedrooms, Living Room, Pantry, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Level 3 Rooms: Attic
  • Ground Level Rooms: Foyer
  • Phone: 732-297-1100

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler, Curbs, Deck, Sidewalk, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Lighting, Assigned, Blacktop, Common

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 240
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Schools

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: FRANKLIN
  • High School: FRANKLIN
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Assessed Improvement Value: 160600
  • Assessed Land Value: 30000
  • Assessment: 190600
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 59.1
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Rental Info

  • Application Fee: 750
  • Pets Allowed: SizLimit, NumLimit

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4420
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00034-0010-00059-0001-C0316
  • Tax Rate Amount: 2.262
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: FRANKLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Oct 5, 2018
Sold by
Hsu Rupert and Hsu Julie J
Bought by
Rahman Syed N
Seller's Agent
Joseph G Buono
RE/MAX DIAMOND REALTORS
Buyer's Agent
GREGORIO E. RACELIS JR.
RACELIS REALTY, INC
List Price
$219,900
Sold Price
$226,000
Premium/Discount to List
$6,100
2.77%
Current Estimated Value
$381,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,298
Avg. Annual Appreciation
7.55%
Original Mortgage
$221,906
Interest Rate
4.7%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2009
Sold by
Weinmann Malgorzata
Bought by
Lee Julie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Sold by
Newman Vic
Bought by
Weinmann Nalgorzata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.84%

Purchase Details

Closed on
Nov 23, 1991
Sold by
Newman Vic and Newman Pepe,Elizabeth
Bought by
Newman Vic and Newman Elizabeth A

Purchase Details

Closed on
May 31, 1991
Sold by
K Hovnanian At Somerset Vi Inc
Bought by
Newman Vic and Newman Pepe,Elizabeth A
Source: Public Records

Range of Values:

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Average Value
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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
Rahman Syed N $226,000 Wfg National Title Ins Co
Lee Julie J $227,500 None Available
Weinmann Nalgorzata $182,000 --
Newman Vic -- --
Newman Vic $112,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Syed N $224,228
Closed Rahman Syed N $225,549
Closed Rahman Syed N $224,631
Closed Rahman Syed N $223,303
Closed Rahman Syed N $221,906
Closed Rahman Syed N $221,906
Previous Owner Hsu Julie $140,000
Previous Owner Lee Julie J $182,000
Previous Owner Weinmann Nalgorzata $145,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $226,000 +2.8% $189 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $219,900 -- $184 / Sq Ft
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
2024 $5,676 $314,800 $150,000 $164,800
2023 $5,666 $294,800 $130,000 $164,800
2022 $5,269 $259,800 $95,000 $164,800
2021 $5,078 $234,800 $70,000 $164,800
2020 $5,078 $224,800 $60,000 $164,800
2019 $4,912 $214,800 $50,000 $164,800
2018 $4,403 $190,600 $30,000 $160,600
2017 $4,420 $190,600 $30,000 $160,600
2016 $4,458 $190,600 $30,000 $160,600
2015 $4,428 $190,600 $30,000 $160,600
2014 $4,361 $190,600 $30,000 $160,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3483892

Garden State MLS

APN: 08-00034-10-00059-01-C0316