NOT LISTED FOR SALE

62 Magellan Way Franklin Park, NJ 08823

Estimated Value: $729,000 - $839,000

-- Bed
-- Bath
3,108 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 62 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $781,589, approximately $251 per square foot. 62 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 23, 2014
Sold by
Ani Ronald and Ani Gerarda
Bought by
Ani Ronald and Ani Gerarda
Current Estimated Value
$763,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2003
Sold by
Shekhar Sheshadri
Bought by
Ani Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.15%

Purchase Details

Closed on
Feb 15, 2000
Sold by
Singh Navjeet
Bought by
Shekhar Sheshadra and Shekhar Sheshdri

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
8.21%

Purchase Details

Closed on
Oct 5, 1998
Sold by
Lee Ted
Bought by
Singh Navjeet and Chhabra Saramjit

Purchase Details

Closed on
Feb 20, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Lee Teddy M and Lee Lillian
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Ani Ronald -- None Available
Ani Ronald $400,000 --
Shekhar Sheshadra $265,000 --
Singh Navjeet $232,000 --
Lee Teddy M $203,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ani Gerarda $60,523
Open Ani Gerarda $392,000
Closed Ani Gerarda $14,707
Closed Ani Gerardo $379,527
Closed Ani Ronald $361,000
Closed Ani Ronald $370,670
Previous Owner Ani Ronald $320,000
Previous Owner Shekhar Sheshadra $238,500
Source: Public Records

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 $11,207 $621,600 $321,500 $300,100
2023 $10,938 $569,100 $269,000 $300,100
2022 $10,903 $537,600 $237,500 $300,100
2021 $10,706 $485,100 $185,000 $300,100
2020 $10,721 $474,600 $174,500 $300,100
2019 $10,614 $464,100 $164,000 $300,100
2018 $10,353 $448,200 $143,000 $305,200
2017 $10,150 $437,700 $132,500 $305,200
2016 $10,116 $432,500 $127,300 $305,200
2015 $9,924 $427,200 $122,000 $305,200
2014 -- $431,500 $121,000 $310,500
Source: Public Records

Map

New Jersey Somerset County Franklin Park 08823

62 Magellan Way, Franklin Park, NJ

This home is located at 62 Magellan Way, Franklin Park, NJ 08823 and is currently estimated at $781,589, approximately $251 per square foot. 62 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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