60 Cottontail Ln Franklin Township, NJ 08873
--
Bed
--
Bath
5,000
Sq Ft
3
Acres
About This Home
This home is located at 60 Cottontail Ln, Franklin Township, NJ 08873. 60 Cottontail Ln is a home located in Somerset County with nearby schools including Franklin High School and Green Brook Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2008
Sold by
Franklin Development Me Llc
Bought by
Somerset Group Hospitality Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Outstanding Balance
$2,999,941
Interest Rate
5.8%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Somerset Group Hospitality Llc | $2,871,714 | Intercoastal Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Somerset Group Hospitality Llc | $4,800,000 |
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 | $68,720 | $3,780,000 | $2,520,000 | $1,260,000 |
| 2024 | $68,720 | $3,780,000 | $2,520,000 | $1,260,000 |
| 2023 | $72,992 | $3,780,000 | $2,520,000 | $1,260,000 |
| 2022 | $77,036 | $3,780,000 | $2,520,000 | $1,260,000 |
| 2021 | $83,727 | $3,780,000 | $2,520,000 | $1,260,000 |
| 2020 | $90,560 | $4,000,000 | $2,520,000 | $1,480,000 |
| 2019 | $92,080 | $4,000,000 | $2,520,000 | $1,480,000 |
| 2018 | $93,040 | $4,000,000 | $2,520,000 | $1,480,000 |
| 2017 | $93,360 | $4,000,000 | $2,520,000 | $1,480,000 |
| 2016 | $94,040 | $4,000,000 | $2,520,000 | $1,480,000 |
| 2015 | $140,100 | $6,000,000 | $2,520,000 | $3,480,000 |
| 2014 | $138,120 | $6,000,000 | $2,520,000 | $3,480,000 |
Source: Public Records
Map
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