NOT LISTED FOR SALE

56 Edward Dr Unit G1 Franklin Park, NJ 08823

Estimated Value: $362,000 - $387,649

2 Beds
2 Baths
-- Sq Ft
$230/mo HOA Fee

Last Sold January 25, 2016

Last sale price $177,000

Est. 113% increase in value since last sale

Current estimated payment $2,687/month

129 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Living Room
  • Formal Dining Room
  • Walk-In Closet
  • Laundry Room

About This Home

As of January 2016

Move in ready first floor condo. Open floor plan with a laundry room and updated bathrooms. Easy commute to NY and just minutes from local shopping. SELLER WILL PAY TO REPAINT, BUYER CHOOSE COLOR!! New Upgrades: Furnace and AC - 2 years, Refrigerator - 2 years, Water Heater - 3 years, Main Front door - 1 year, Vanity in master bedroom bathroom - 2 year, New toilet in the second bathroom.

Last Agent to Sell the Property

ANNIE LEE

KELLER WILLIAMS CORNERSTONE Listed on: 08/12/2015

Last Buyer's Agent

ANNIE LEE

KELLER WILLIAMS CORNERSTONE Listed on: 08/12/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,209

Year Built

  • Built in 1991

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Track Lighting
  • Living Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Additional Parking
  • Assigned Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2708-00034-0010-00059-0001-C0313
  • Tax Block *

Community Details

Overview

  • Association fees include snow removal, trash collection, maintenance-common area

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,209

Year Built

Built in 1991

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Style: One Floor Unit, First Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1991
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 56
  • Directions: RT 27 TO SOUTH MIDDLESBUSH TO EDWARD
  • I D: 4560330
  • Modified: 2021-09-23
  • Number Images: 20
  • Section Subdiv Development: Society Hill
  • First Name: ANNIE
  • First Name3: ANNIE
  • Last Name: LU
  • Last Name3: LU
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer, Microwave Oven
  • Interior Amenities: Track Lighting, Carbon Monoxide Detector, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Separate Dining Area, Eat-In Kitchen
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 21x13
  • Living Room Level: First
  • Level 1 Rooms: Storage Room, 2 Bedrooms, Living Room, Kitchen, Bath(s) Other, Dining Room, Laundry Room
  • Phone: 908-359-0893

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Additional Parking, Assigned

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water

Condo/Co-op/Association

  • Association Maintenance Fee: 230
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Snow Removal, Trash Collection, Maintenance-Common Area

Lot Info

  • Lot Size: COMMON ELEMENTS
  • Assessed Improvement Value: 159000
  • Assessed Land Value: 25000
  • Assessment: 184000
  • Easement: Unknown
  • Lot Identifier: 59.1
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4209
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00034-0010-00059-0001-C0313
  • Tax Rate Amount: 2.231
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Jan 15, 2016
Sold by
Rao Raghavendra
Bought by
Patel Chirag Manhar and Patel Mayuri Chirag
Seller's Agent
ANNIE LEE
KELLER WILLIAMS CORNERSTONE
Buyer's Agent
ANNIE LEE
KELLER WILLIAMS CORNERSTONE
List Price
$194,900
Sold Price
$177,000
Premium/Discount to List
-$17,900
-9.18%
Current Estimated Value
$376,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,412
Avg. Annual Appreciation
8.14%
Original Mortgage
$132,750
Outstanding Balance
$105,895
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$270,517

Purchase Details

Closed on
Mar 26, 2007
Sold by
Hurst Brian A and Hurst Deanna
Bought by
Rao Raghavendra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2002
Sold by
Grenfell Anna
Bought by
Hurst Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,825
Interest Rate
6.11%

Purchase Details

Closed on
Sep 13, 1990
Sold by
K Hovnanian At Somerset Vi Inc
Bought by
Grenfell Thomas N
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
Patel Chirag Manhar $177,000 Democracy Title Agency
Rao Raghavendra S $245,000 None Available
Hurst Brian $153,500 --
Grenfell Thomas N $98,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Chirag Manhar $132,750
Previous Owner Rao Raghavendra $177,600
Previous Owner Rao Raghavendra S $195,500
Previous Owner Hurst Brian $146,500
Previous Owner Hurst Brian $145,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2016 01/25/16 Sold $177,000 -9.2% --
12/19/2015 12/19/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $194,900 -- --
Source: Garden State 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 $5,413 $353,500 $140,000 $213,500
2024 $5,413 $300,200 $140,000 $160,200
2023 $5,385 $280,200 $120,000 $160,200
2022 $4,871 $240,200 $80,000 $160,200
2021 $4,749 $215,200 $55,000 $160,200
2020 $4,635 $205,200 $45,000 $160,200
2019 $4,579 $200,200 $40,000 $160,200
2018 $4,250 $184,000 $25,000 $159,000
2017 $4,267 $184,000 $25,000 $159,000
2016 $4,304 $184,000 $25,000 $159,000
2015 $4,274 $184,000 $25,000 $159,000
2014 $4,210 $184,000 $25,000 $159,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    ANNIE LEE

    KELLER WILLIAMS CORNERSTONE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3246032

Garden State MLS

APN: 08-00034-10-00059-01-C0313

New Jersey Somerset County Franklin Park 08823

56 Edward Dr Unit G1, Franklin Park, NJ

This home is located at 56 Edward Dr Unit G1, Franklin Park, NJ 08823 since 12 August 2015 and is currently estimated at $376,412. This property was built in 1991. 56 Edward Dr Unit G1 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.

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