54 Pear Tree Ln Franklin Park, NJ 08823
Estimated Value: $345,314 - $376,000
2
Beds
2
Baths
1,080
Sq Ft
$335/Sq Ft
Est. Value
About This Home
This home is located at 54 Pear Tree Ln, Franklin Park, NJ 08823 and is currently estimated at $361,829, approximately $335 per square foot. 54 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 10, 2018
Sold by
Society Hill At Somerset I Condominium A and Dickerson Derek L
Bought by
Suchdev Radhika H
Current Estimated Value
Purchase Details
Closed on
Jun 12, 2014
Sold by
Dikerson Derek L and Dikerson Stephanie
Bought by
Society Hill At Somerset I Condominium A
Purchase Details
Closed on
Jun 23, 2003
Sold by
Jin Ming
Bought by
Dickerson Derek and Dickerson Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,950
Interest Rate
5.46%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 15, 2000
Sold by
Lui Man
Bought by
Jin Ming
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7.7%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 5, 1990
Sold by
Lau Sai-Ling
Bought by
Lui Man and Lyly Lau
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Suchdev Radhika H | $154,000 | Chicago Title Ins Co | |
| Society Hill At Somerset I Condominium A | -- | None Available | |
| Dickerson Derek | $180,000 | -- | |
| Jin Ming | $122,500 | -- | |
| Lui Man | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dickerson Derek | $175,950 | |
| Previous Owner | Jin Ming | $118,800 |
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 | $5,277 | $334,800 | $165,000 | $169,800 |
| 2024 | $5,277 | $292,700 | $165,000 | $127,700 |
| 2023 | $5,241 | $272,700 | $145,000 | $127,700 |
| 2022 | $4,719 | $232,700 | $105,000 | $127,700 |
| 2021 | $4,465 | $207,700 | $80,000 | $127,700 |
| 2020 | $4,466 | $197,700 | $70,000 | $127,700 |
| 2019 | $4,521 | $197,700 | $70,000 | $127,700 |
| 2018 | $3,892 | $168,500 | $45,000 | $123,500 |
| 2017 | $3,908 | $168,500 | $45,000 | $123,500 |
| 2016 | $3,824 | $163,500 | $40,000 | $123,500 |
| 2015 | $4,030 | $173,500 | $50,000 | $123,500 |
| 2014 | $4,084 | $178,500 | $55,000 | $123,500 |
Source: Public Records
Map
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