7 Garnet Ct Franklin Park, NJ 08823
Estimated Value: $445,131 - $519,000
2
Beds
3
Baths
1,456
Sq Ft
$333/Sq Ft
Est. Value
About This Home
This home is located at 7 Garnet Ct, Franklin Park, NJ 08823 and is currently estimated at $484,533, approximately $332 per square foot. 7 Garnet Ct 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
Sep 10, 2008
Sold by
Khilnani Haresh and Bhambani Geetanjali
Bought by
Khilnani Haresh
Current Estimated Value
Purchase Details
Closed on
Oct 5, 2005
Sold by
Vijjapurapu Murali K
Bought by
Khilnani Haresh and Bhambani Geetanjali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Outstanding Balance
$131,338
Interest Rate
5.72%
Estimated Equity
$353,195
Purchase Details
Closed on
Apr 23, 2003
Sold by
Rao Shyam
Bought by
Vijjapurapu Murali and Vijjapuraph Vidyadhari
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.82%
Purchase Details
Closed on
May 9, 1990
Sold by
K Hovnanian At Somerset V Inc
Bought by
Rao Shyam R and Rao Yasmin S
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 |
|---|---|---|---|
| Khilnani Haresh | -- | First American Title Ins Co | |
| Khilnani Haresh | $307,500 | -- | |
| Vijjapurapu Murali | $223,000 | -- | |
| Rao Shyam R | $142,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Khilnani Haresh | $246,000 | |
| Previous Owner | Vijjapurapu Murali | $184,000 |
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 | $6,507 | $454,500 | $200,000 | $254,500 |
| 2024 | $6,507 | $360,900 | $170,000 | $190,900 |
| 2023 | $6,937 | $360,900 | $170,000 | $190,900 |
| 2022 | $6,508 | $320,900 | $130,000 | $190,900 |
| 2021 | $6,458 | $290,900 | $100,000 | $190,900 |
| 2020 | $6,458 | $285,900 | $95,000 | $190,900 |
| 2019 | $6,552 | $286,500 | $90,000 | $196,500 |
| 2018 | $6,290 | $272,300 | $80,000 | $192,300 |
| 2017 | $5,967 | $257,300 | $65,000 | $192,300 |
| 2016 | $5,901 | $252,300 | $60,000 | $192,300 |
| 2015 | $5,396 | $232,300 | $40,000 | $192,300 |
| 2014 | $5,315 | $232,300 | $40,000 | $192,300 |
Source: Public Records
Map
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