NOT LISTED FOR SALE

50 Taylor Dr Unit 323 Franklin Park, NJ 08823

Estimated Value: $353,000 - $369,000

2 Beds
2 Baths
1,138 Sq Ft
610 Sq Ft Lot

Last Sold August 02, 2022

Last sale price $271,500 $239 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,340/month

80 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Formal Dining Room
  • Clubhouse
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of August 2022

Beautifully maintained 2 bed 2 bath condo in the Society Hill development of Franklin Park! This ground floor unit is complete with updated floors, solid oak cabinets, and newer AC & Furnace. Sliders off the family room lead to patio area that opens to a stunning park-like setting. Development also offers tennis courts, playground, and pool. Minutes away from Rt 27, the location offers quick access to major roadways and shopping. Don't wait! Showings begin tomorrow, 5.13.22

Last Agent to Sell the Property

Michael Matthews

ORANGE KEY REALTY, INC. Listed on: 05/13/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,379

Year Built

  • Built in 1986

Lot Details

  • 610

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,138 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Blinds
  • Living Room
  • Formal Dining Room
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Patio

Utilities

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

Additional Features

  • Sprinkler System
  • Property is near shops

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, snow removal
  • Society Hill/Somerset 02 Subdivision
  • The community has rules related to vehicle restrictions

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Maintenance Expense $270

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,379

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Society Hill/Somerset 02
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Living Room, Bath Main, Dining Room, Utility Room
  • Living Area: 1138
  • Stories: 1
  • Window Features: Insulated Windows, Blinds

Exterior Features

  • Lot Features: Near Shopping, Interior Lot
  • Pool Features: Outdoor Pool
  • Exterior Features: Lawn Sprinklers
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: On Site, 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

  • Community Features: Clubhouse, Tennis Court(s), Curbs, Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Zoning: CR

Multi Family

  • Maintenance Expense: 270

Tax Info

  • Tax Annual Amount: 4379
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jul 27, 2022
Sold by
Dawn Dipane
Bought by
Chisolm Kendra
Seller's Agent
Michael Matthews
ORANGE KEY REALTY, INC.
List Price
$249,900
Sold Price
$271,500
Premium/Discount to List
$21,600
8.64%
Current Estimated Value
$361,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,444
Avg. Annual Appreciation
9.05%
Original Mortgage
$257,450
Outstanding Balance
$246,710
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$115,234

Purchase Details

Closed on
Mar 24, 2010
Sold by
Foat Jewell N and Foat Abdul S
Bought by
Dipane Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,465
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2001
Sold by
Massari William
Bought by
Murray Otis and Tynes Jewell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,400
Interest Rate
6.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 1997
Sold by
Mcmearty Daniel
Bought by
Massari William and Massari Stacy

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
7.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chisolm Kendra $271,500 None Listed On Document
Dipane Dawn $206,200 First American Title
Murray Otis $114,900 --
Massari William $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chisolm Kendra $257,450
Previous Owner Dipane Dawn $202,465
Previous Owner Murray Otis $111,400
Previous Owner Massari William $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2022 08/02/22 Sold $271,500 +8.6% $239 / Sq Ft
05/13/2022 05/13/22 For Sale $249,900 -- $220 / 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 $5,290 $357,400 $160,000 $197,400
2024 $5,290 $293,400 $145,000 $148,400
2023 $5,063 $263,400 $115,000 $148,400
2022 $4,632 $228,400 $80,000 $148,400
2021 $4,379 $198,400 $50,000 $148,400
2020 $4,256 $188,400 $40,000 $148,400
2019 $3,966 $173,400 $25,000 $148,400
2018 $4,006 $173,400 $25,000 $148,400
2017 $3,905 $168,400 $20,000 $148,400
2016 $3,822 $163,400 $15,000 $148,400
2015 $3,912 $168,400 $20,000 $148,400
2014 $3,853 $168,400 $20,000 $148,400
Source: Public Records

Agents Affiliated with this Home

  • Michael Matthews

    Seller's Agent in 2022

    Michael Matthews

    ORANGE KEY REALTY, INC.

    (732) 742-2570

    8 in this area

    280 Total Sales

    Michael Matthews
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2213942R

All Jersey MLS

APN: 08-00034-01-00016-02-C0323

New Jersey Somerset County Franklin Park 08823

50 Taylor Dr Unit 323, Franklin Park, NJ

Not Listed for Sale

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