NOT LISTED FOR SALE

55 Pear Tree Ln Unit 7G Franklin Park, NJ 08823

Estimated Value: $393,000 - $422,000

2 Beds
2.5 Baths
1,480 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 03, 2022

Last sale price $330,000 $223 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,726/month

68 Days on Market

Highlights

  • Private Pool
  • Deck
  • Attic
  • Clubhouse
  • Property is near public transit
  • Granite Countertops

About This Home

As of September 2022

Multiple offers, Highest and Best by Friday 5pm.Beautiful townhome in desirable Society Hill! This 2 bedroom, 2 1/2 bath townhome has been remodeled and has great features. Granite and Stainless Eat In Kitchen w/pantry! Formal Dining Rm and a Large Living Rm. The Living Rm has new laminate flooring. The sliders from the living room take you to a very large fenced in deck with 2 additional storage closets. The deck looks onto quiet greens with privacy. Remodeled 1/2 bath and Master Bath. Open floor plan. The 2nd Bedroom fits a queen size bed, has a large walk in closet and a private en suite full bath w/bathtub. The Master Bedroom fits a king size bed, has a a double set of closets and a private, remodeled en-suite full bath w/shower stall. The 2nd floor also has full size washer and dryer front loading laundry. Replaced water heater. Home is very well cared for and therefore sold as is.

Last Agent to Sell the Property

Linda Quick

COLDWELL BANKER REALTY Listed on: 06/27/2022

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,030

Year Built

  • Built in 1987

Lot Details

  • Fenced

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • <<selfCleaningOvenToken>>
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Paved Parking
  • Additional Parking
  • Open Parking
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Private Pool
  • Deck

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, insurance, maintenance structure, reserve fund, snow removal, trash, ground maintenance
  • Society Hill/Somerset Co Subdivision
  • The community has rules related to vehicle restrictions

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Maintenance Expense $277

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,030

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Society Hill/Somerset Co
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower, Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Granite/Corian Countertops, Pantry, Eat-in Kitchen
  • Room Living Room Area: 240
  • Room Kitchen Area: 110
  • Room Dining Room Area: 170
  • Appliances: Self Cleaning Oven, Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Entrance Foyer, Kitchen, Living Room, Dining Room, 2 Bedrooms, Bath Other, Attic
  • Living Area: 1480
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Near Shopping, Near Train, See Remarks, Near Public Transit
  • Pool Features: Outdoor Pool
  • Patio And Porch Features: Deck
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Additional Parking, Asphalt, Common, Unassigned, Paved, 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)
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Insurance, Maintenance Structure, Reserve Fund, Snow Removal, Trash, Maintenance Grounds

Lot Info

  • Zoning: CR

Multi Family

  • Maintenance Expense: 277

Tax Info

  • Tax Annual Amount: 5030
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 2, 2022
Sold by
Jason Marcano
Bought by
Xu Qingmei and Zheng Sunxiang
Seller's Agent
Linda Quick
COLDWELL BANKER REALTY
List Price
$310,000
Sold Price
$330,000
Premium/Discount to List
$20,000
6.45%
Views
8
Current Estimated Value
$408,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,438
Avg. Annual Appreciation
7.35%
Original Mortgage
$231,000
Outstanding Balance
$220,816
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$183,640

Purchase Details

Closed on
Jan 16, 2008
Sold by
Muir James and Muir Laurie
Bought by
Marcano Jason and Kelly Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2005
Sold by
Bonavolonta Antonio
Bought by
Muir James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
8.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 1998
Sold by
Greenhill Lisa
Bought by
Bonavolonta Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
6.9%

Purchase Details

Closed on
Feb 28, 1990
Sold by
Metrokotsas Michael and Metrokotsas Isabella
Bought by
Greenhill Ira and Greenhill Lisa
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
Xu Qingmei $330,000 --
Marcano Jason $266,000 Multiple
Muir James $265,000 --
Bonavolonta Antonio $99,000 --
Greenhill Ira $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Qingmei $231,000
Previous Owner Marcano Jason $252,700
Previous Owner Muir James $238,500
Previous Owner Bonavolonta Antonio $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2022 09/03/22 Sold $330,000 0.0% $223 / Sq Ft
09/03/2022 09/03/22 Sold $330,000 +6.5% $223 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $310,000 0.0% $209 / Sq Ft
06/27/2022 06/27/22 For Sale $310,000 -6.1% $209 / Sq Ft
06/03/2022 06/03/22 Off Market $330,000 -- --
06/02/2022 06/02/22 For Sale $310,000 -- $209 / 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
2024 $5,642 $312,900 $145,000 $167,900
2023 $5,630 $292,900 $125,000 $167,900
2022 $5,129 $252,900 $85,000 $167,900
2021 $5,030 $227,900 $60,000 $167,900
2020 $4,922 $217,900 $50,000 $167,900
2019 $4,983 $217,900 $50,000 $167,900
2018 $4,802 $207,900 $40,000 $167,900
2017 $4,821 $207,900 $40,000 $167,900
2016 $4,746 $202,900 $35,000 $167,900
2015 $4,713 $202,900 $35,000 $167,900
2014 $4,642 $202,900 $35,000 $167,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2215074R

All Jersey MLS

APN: 08-00034-04-00008-01-C0077