$500,000
SOLD MAR 20, 2025

58 Balboa Ln Unit 46B Franklin Park, NJ 08823

3 Beds
3 Baths
1,800 Sq Ft
784 Sq Ft Lot

Recently Sold

$278 Per Sq Ft

3% Above List Price

26 Days on Market

About This Home

As of March 2025

This home is located at 58 Balboa Ln Unit 46B, Franklin Park, NJ 08823 and is currently priced at $500,000, approximately $277 per square foot. This property was built in 1992. 58 Balboa Ln Unit 46B 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.

Last Agent to Sell the Property

JAMES ULTIMO

EXIT REALTY CONNECTIONS Brokerage Phone: 908-842-0010 Listed on: 11/24/2024

Last Buyer's Agent

Rebecca Matyash

KELLER WILLIAMS GREATER BRUNSWICK

KELLER WILLIAMS GREATER BRUNSWICK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,452

Year Built

  • Built in 1992

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,452

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Year Built: 1992
  • County Name: Somerset
  • I D: 5326158
  • Attribution Contact: 908-842-0010
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: COMMON ELEMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2024
Closed on
Mar 19, 2025
Sold by
Smalls Robert and Hasan Elaine
Bought by
Khan Zaeem Ahmed
Seller's Agent
JAMES ULTIMO
EXIT REALTY CONNECTIONS
Buyer's Agent
Rebecca Matyash
KELLER WILLIAMS GREATER BRUNSWICK
List Price
$484,000
Sold Price
$500,000
Premium/Discount to List
$16,000
3.31%
Views
36
Current Estimated Value
$516,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,762
Avg. Annual Appreciation
5.55%
Original Mortgage
$390,000
Outstanding Balance
$387,996
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$128,766

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 5, 2020
Sold by
Chambers Gary and Chambers Sasha Dacosta
Bought by
Smalls Robert and Bashir Ma-Maurdin
Seller's Agent
Trudy Hayes
RE/MAX SELECT
Buyer's Agent
VIVIANA DE LEON
SIGNATURE REALTY NJ
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$328,932
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2009
Sold by
Pimentel Manuel and Pimentel Lourdes
Bought by
Chambers Gary and Chambers Sasha Dacosta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2001
Sold by
Wilson Stevonne
Bought by
Pimentel Manuel and Pimentel Lourdes

Purchase Details

Closed on
Jan 24, 1992
Sold by
Hovanaiank At Somerset Viii Inc
Bought by
Wilson Stevonne
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $500,000 Foundation Title
Deed $500,000 Foundation Title
Deed $335,000 None Listed On Document
Bargain Sale Deed $285,000 Fidelity Natl Title Ins Co
Deed $185,000 --
Deed $185,000 --
Deed $122,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Closed $390,000 New Conventional
Previous Owner $328,932 New Conventional
Previous Owner $256,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2025 03/20/25 Sold $500,000 +3.3% $278 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/24/2024 11/24/24 For Sale $484,000 +44.5% $269 / Sq Ft
10/02/2020 10/02/20 Sold $335,000 +3.1% $186 / Sq Ft View Prior Sale
08/11/2020 08/11/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $325,000 -- $181 / Sq Ft
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 $7,452 $479,600 $215,000 $264,600
2024 $7,452 $413,300 $215,000 $198,300
2023 $7,367 $383,300 $185,000 $198,300
2022 $6,759 $333,300 $135,000 $198,300
2021 $6,804 $308,300 $110,000 $198,300
2020 $6,739 $298,300 $100,000 $198,300
2019 $6,479 $283,300 $85,000 $198,300
2018 $6,313 $273,300 $75,000 $198,300
2017 $6,106 $263,300 $65,000 $198,300
2016 $6,042 $258,300 $60,000 $198,300
2015 $5,536 $238,300 $40,000 $198,300
2014 $5,567 $243,300 $45,000 $198,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    JAMES ULTIMO

    EXIT REALTY CONNECTIONS

  • Rebecca Matyash

    Buyer's Agent in 2025

    Rebecca Matyash

    KELLER WILLIAMS GREATER BRUNSWICK

    (732) 718-3404

    48 in this area

    121 Total Sales

    Rebecca Matyash
    Section Image
  • Trudy Hayes

    Seller's Agent in 2020

    Trudy Hayes

    RE/MAX

    (908) 917-0206

    1 in this area

    88 Total Sales

    Trudy Hayes
    Section Image
  • Samseketha Cooper

    Seller Co-Listing Agent in 2020

    Samseketha Cooper

    WEICHERT REALTORS

    27 Total Sales

    Samseketha Cooper
    Section Image

  • V

    Buyer's Agent in 2020

    VIVIANA DE LEON

    SIGNATURE REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3935836

Garden State MLS

APN: 08-00020-04-00011-01-C4602

New Jersey Somerset County Franklin Park 08823

58 Balboa Ln Unit 46B, Franklin Park, NJ

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