NOT LISTED FOR SALE

7 Balboa Ln Unit 39D Franklin Park, NJ 08823

Franklin Park Neighborhood

Estimated Value: $413,000 - $435,000

2 Beds
3 Baths
1,449 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $385,000 $266 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,899/month

14 Days on Market

About This Home

As of August 2023

This home is located at 7 Balboa Ln Unit 39D, Franklin Park, NJ 08823 since 20 July 2023 and is currently estimated at $426,601, approximately $294 per square foot. This property was built in 1992. 7 Balboa Ln Unit 39D 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 Listed By

Jeffrey Lee

REALTY ONE GROUP LIFESTYLE HOMES Brokerage Phone: 732-441-3400 Listed on: 07/20/2023

REALTY ONE GROUP LIFESTYLE HOMES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,406

Year Built

  • Built in 1992

Lot Details

  • 784

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,406

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Year Built: 1992
  • County Name: Somerset
  • Street Number Display: 7
  • I D: 5233809
  • Modified: 2024-08-19
  • Attribution Contact: 732-441-3400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Lot Info

  • Lot Size: COMMON ELEMENTS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 11, 2023
Sold by
Sun John H and Sun Daphne C
Bought by
Maimone Joseph C and Maimone Martha C
Seller's Agent
Jeffrey Lee
REALTY ONE GROUP LIFESTYLE HOMES
Buyer's Agent
ANDREW LOBRACE
EXP REALTY, LLC
List Price
$360,000
Sold Price
$385,000
Premium/Discount to List
$25,000
6.94%
Total Days on Market
14
Views
27
Current Estimated Value
$426,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,601
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Nov 6, 2009
Sold by
Karimpana Ajith and Choudhury Aparajita
Bought by
Sun John H and Sun Daphne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Biro Hannelore
Bought by
Karimpana Ajith and Choudhury Aparajita

Purchase Details

Closed on
Jul 5, 1998
Sold by
Martinez Carols
Bought by
Biro Hannelore

Purchase Details

Closed on
Jan 7, 1994
Sold by
K Hovnanian At Somerset
Bought by
Martinez Carlos and Martinez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.23%

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Maimone Joseph C $385,000 None Listed On Document
Sun John H $220,000 None Available
Karimpana Ajith $265,000 --
Biro Hannelore $111,000 --
Martinez Carlos $115,128 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sun John H $154,000
Previous Owner Martinez Carlos $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $385,000 +6.9% $266 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $360,000 -- $248 / 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
2024 $6,406 $355,300 $190,000 $165,300
2023 $5,868 $305,300 $140,000 $165,300
2022 $5,786 $285,300 $120,000 $165,300
2021 $5,745 $260,300 $95,000 $165,300
2020 $5,654 $250,300 $85,000 $165,300
2019 $5,724 $250,300 $85,000 $165,300
2018 $5,551 $240,300 $75,000 $165,300
2017 $5,109 $220,300 $55,000 $165,300
2016 $5,036 $215,300 $50,000 $165,300
2015 $4,769 $205,300 $40,000 $165,300
2014 $4,812 $210,300 $45,000 $165,300
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Lee

    Seller's Agent in 2023

    Jeffrey Lee

    REALTY ONE GROUP LIFESTYLE HOMES

    (732) 991-0315

    3 in this area

    46 Total Sales

    Jeffrey Lee
    Section Image

  • A

    Buyer's Agent in 2023

    ANDREW LOBRACE

    EXP REALTY, LLC

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Map

Source: Garden State MLS

MLS Number: 3855389

Garden State MLS

APN: 08-00020-04-00011-01-C3904

New Jersey Somerset County Franklin Park 08823 Franklin Park

7 Balboa Ln Unit 39D, Franklin Park, NJ

Homes for Sale in Franklin Park, NJ

This home is located at 7 Balboa Ln Unit 39D, Franklin Park, NJ 08823 since 20 July 2023 and is currently estimated at $426,601, approximately $294 per square foot. This property was built in 1992. 7 Balboa Ln Unit 39D 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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