NOT LISTED FOR SALE

50 Pear Tree Ln Franklin Park, NJ 08823

Franklin Park Neighborhood

Estimated Value: $396,625 - $405,000

2 Beds
2.5 Baths
1,480 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $345,000 $233 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,981/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Living Room
  • Wood Flooring
  • Tennis Courts
  • En-Suite Primary Bedroom

About This Home

As of June 2023

This beautiful townhome is located in sought-after Society Hill! You will love the space, condition, and location of this beautiful home. When you enter this home, enjoy the gleaming wood floors and quaint garden view of the backyard. The spacious kitchen offers custom cabinetry with extra bonus storage underneath. The kitchen also offers newer stainless steel appliances, an eat-in area, and pantry. The open floorplan features a dining room and step-down living room filled with natural light. The private patio offers two storage closets and park-like views. A lovely half bath completes the first floor. Upstairs, the large primary bedroom includes two closets and a gorgeous remodeled private bath. The second bedroom has a large walk-in closet and updated bath, as well. A roomy linen closet and full-sized washer/dryer complete the second floor. The pull-down attic offers additional storage space. All the windows have been replaced and offer energy efficiency. The hot water heater is less than a year old and the AC unit is newer with a Nest thermostat. The roof is one year old. Society Hill offers a community pool, tennis court, and playground. This complex is conveniently located near shopping, dining, and highways.

Last Listed By

Joe DeLorenzo

RE/MAX of Princeton License #9483422 Listed on: 04/30/2023

RE/MAX of Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,611

Year Built

  • Built in 1987

Lot Details

  • Property is in excellent condition

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • Property has 2 Levels
  • Replacement Windows
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00008 01
  • Assessor Parcel Number 08-00034 04-00008 01-C0072

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, pool(s), snow removal
  • Society Hill 1 Condos
  • Society Hill I Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,611

Year Built

Built in 1987

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-04-30
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Wood, Carpet, Ceramic Tile
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1480
  • Living Area Sq Ft: 1480
  • Price Per Sq Ft: 212.84
  • Above Grade Finished Sq Ft: 1480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 50

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Unassigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 292.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Society Hill 1
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pool(s), Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397466
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: CR

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 08-00034 04-00008 01-C0072
  • Tax Lot: 00008 01
  • Tax Total Finished Sq Ft: 1480
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/09/2023

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2023
Closed on
Jun 2, 2023
Sold by
Young Randy Aaron and Young Brian
Bought by
Perkowski Henryk and Perkowska Jadwiga
Seller's Agent
Joe DeLorenzo
RE/MAX of Princeton
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$315,000
Sold Price
$345,000
Premium/Discount to List
$30,000
9.52%
Total Days on Market
4
Views
76
Current Estimated Value
$400,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,656
Avg. Annual Appreciation
8.10%

Purchase Details

Listed on
Jan 23, 2014
Closed on
Jan 22, 2014
Sold by
Patel Shefali and Patel Rakesh D
Bought by
Young Randy Aaron
Seller's Agent
RAKESH D. PATEL
DIETRICH SUPREME REALTY
Buyer's Agent
TINA GEIST
EXP REALTY, LLC
Sold Price
$211,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$158,250
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Potluri Venu
Bought by
Patel Shefali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.82%

Purchase Details

Closed on
Mar 21, 1994
Sold by
Manduru Lakshamiah
Bought by
Manduru Vasundhara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.45%

Purchase Details

Closed on
Jun 30, 1992
Sold by
Hollenbach Steven A and Hollenbach Elizabeth M
Bought by
Manduru Lakshamiah and Manduru Santhamma

Range of Values:

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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
Perkowski Henryk -- Stewart Title Guaranty Company
Young Randy Aaron $211,000 Agent For Chicago Title Insu
Patel Shefali $177,900 --
Manduru Vasundhara $90,000 --
Manduru Lakshamiah $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Randy Aaron $158,250
Previous Owner Patel Shefali $135,000
Previous Owner Patel Shefali $140,000
Previous Owner Manduru Vasundhara $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $345,000 +9.5% $233 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/30/2023 04/30/23 For Sale $315,000 +49.3% $213 / Sq Ft
01/23/2014 01/23/14 Sold $211,000 -- --
Source: Bright 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 $5,611 $311,200 $145,000 $166,200
2023 $5,597 $291,200 $125,000 $166,200
2022 $5,094 $251,200 $85,000 $166,200
2021 $4,992 $226,200 $60,000 $166,200
2020 $4,884 $216,200 $50,000 $166,200
2019 $4,944 $216,200 $50,000 $166,200
2018 $4,763 $206,200 $40,000 $166,200
2017 $4,782 $206,200 $40,000 $166,200
2016 $4,706 $201,200 $35,000 $166,200
2015 $4,674 $201,200 $35,000 $166,200
2014 $4,603 $201,200 $35,000 $166,200
Source: Public Records

Agents Affiliated with this Home

  • Joe DeLorenzo

    Seller's Agent in 2023

    Joe DeLorenzo

    RE/MAX

    (609) 635-0714

    1 in this area

    176 Total Sales

    Joe DeLorenzo
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member Member

    Metropolitan Regional Information Systems

  • R

    Seller's Agent in 2014

    RAKESH D. PATEL

    DIETRICH SUPREME REALTY

  • T

    Buyer's Agent in 2014

    TINA GEIST

    EXP REALTY, LLC

See All Agents

Map

Source: Bright MLS

MLS Number: NJSO2002254

Bright MLS

APN: 08-00034-04-00008-01-C0072

New Jersey Somerset County Franklin Park 08823 Franklin Park

50 Pear Tree Ln, Franklin Park, NJ

Homes for Sale in Franklin Park, NJ

This home is located at 50 Pear Tree Ln, Franklin Park, NJ 08823 since 30 April 2023 and is currently estimated at $400,656, approximately $270 per square foot. This property was built in 1987. 50 Pear Tree Ln is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

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