55 Magellan Way Franklin Park, NJ 08823
Estimated Value: $694,428 - $773,000
--
Bed
--
Bath
2,212
Sq Ft
$336/Sq Ft
Est. Value
About This Home
This home is located at 55 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $743,857, approximately $336 per square foot. 55 Magellan Way is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Guidepost Montessori at Kendall Park.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 19, 1993
Sold by
Abramowitz Leslie
Bought by
Mistry Ramanik and Mistry Usha
Current Estimated Value
Purchase Details
Closed on
Feb 15, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Abramowitz Leslie N and Abramowitz Susan J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mistry Ramanik | $209,000 | -- | |
| Abramowitz Leslie N | $202,400 | -- |
Source: Public Records
Tax History Compared to Growth
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 | $10,180 | $655,600 | $291,500 | $364,100 |
| 2024 | $10,180 | $564,600 | $291,500 | $273,100 |
| 2023 | $9,939 | $517,100 | $244,000 | $273,100 |
| 2022 | $9,909 | $488,600 | $215,500 | $273,100 |
| 2021 | $8,865 | $441,100 | $168,000 | $273,100 |
| 2020 | $9,750 | $431,600 | $158,500 | $273,100 |
| 2019 | $9,653 | $422,100 | $149,000 | $273,100 |
| 2018 | $9,342 | $404,400 | $130,000 | $274,400 |
| 2017 | $9,158 | $394,900 | $120,500 | $274,400 |
| 2016 | $9,127 | $390,200 | $115,800 | $274,400 |
| 2015 | $8,953 | $385,400 | $111,000 | $274,400 |
| 2014 | $8,797 | $384,500 | $110,100 | $274,400 |
Source: Public Records
Map
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