NOT LISTED FOR SALE

78 Magellan Way Franklin Park, NJ 08823

Estimated Value: $760,000 - $820,000

4 Beds
2.5 Baths
2,740 Sq Ft
$290/Sq Ft Est. Value

Last Sold September 10, 2015

Last sale price $415,000 $151 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,363/month

84 Days on Market

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • 1 Fireplace
  • Marble Flooring
  • Attic
  • Community Pool

About This Home

As of September 2015

Backed by preserved open space, this gracious colonial w/a contemporary flair offers spacious, light-filled rooms & a wonderful flow for entertaining. Oversized windows & Brazilian cherry hardwood floors accent the expansive living & dining rooms. Under soaring ceilings is the FR, made warm by a fireplace & open to the eat-in kitchen, which feels airy w/pickled cabinetry, ample counter space & a French door opening to the backyard. Wainscoted stairs & hall lead to the master w/vaulted ceiling, walk-in closet & spectacular upgraded bath w/Jacuzzi tub, cherry cabinets, marble counters and motorized window blinds. 3 more bedrooms are served by another gorgeous bath with a stunning onyx counter and marble floor. A finished basement & 2-car attached garage offer flexible space for every endeavor. This lightly-wooded lot boasts a chemical-free lawn & lovely perennials - all conveniently close to schools, shopping, eateries & major commute routes. All bathrooms are redone w/high-end finishes - marble, natural stone, high end Grohe fixtures & wood cabinetry.

Last Agent to Sell the Property

Amy Worthington

Callaway Henderson Sotheby's Int'l-Princeton License #122139 Listed on: 05/19/2015

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,779

Year Built

  • Built in 1992

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Back Yard
  • Property is in good condition
  • Property is zoned CR

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Walk-in Shower

Schools

  • Franklin Park Elementary School
  • Franklin Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Porch

Listing and Financial Details

  • Tax Lot 00089
  • Assessor Parcel Number 08-00020 05-00089

Community Details

Overview

  • Association fees include pool(s), common area maintenance, snow removal
  • Built by K HOVNANIAN

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,779

Year Built

Built in 1992

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: All Appliances, Window Blinds, Ceiling Fans & Light Fixtures As Exist.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1992
  • Remarks Public: Backed by preserved open space, this gracious colonial w/a contemporary flair offers spacious, light-filled rooms & a wonderful flow for entertaining. Oversized windows & Brazilian cherry hardwood floors accent the expansive living & dining rooms. Under soaring ceilings is the FR, made warm by a fireplace & open to the eat-in kitchen, which feels airy w/pickled cabinetry, ample counter space & a French door opening to the backyard. Wainscoted stairs & hall lead to the master w/vaulted ceiling, walk-in closet & spectacular upgraded bath w/Jacuzzi tub, cherry cabinets, marble counters and motorized window blinds. 3 more bedrooms are served by another gorgeous bath with a stunning onyx counter and marble floor. A finished basement & 2-car attached garage offer flexible space for every endeavor. This lightly-wooded lot boasts a chemical-free lawn & lovely perennials - all conveniently close to schools, shopping, eateries & major commute routes. All bathrooms are redone w/high-end finishes - marble, natural stone, high end Grohe fixtures & wood cabinetry.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Double, Oven - Self Cleaning, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Ceiling Fan(s), Stall Shower, Kitchen - Eat-In
  • Window Features: Energy Efficient, Replacement
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Street Number Modifier: 78

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Semi-Annually
  • Additional Association Fees: Pool, Tennis
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Snow Removal
  • HOA: Yes

Schools

  • School District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: FRANKLIN PARK SCHOOL
  • High School: FRANKLIN TOWNSHIP
  • School District Key: 300200397466
  • Elementary School: FRANKLIN PARK SCHOOL
  • High School: FRANKLIN TOWNSHIP

Lot Info

  • Improvement Assessed Value: 307300.00
  • Land Assessed Value: 120100.00
  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 0.13
  • Lot Dimensions: .13 ACRE
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5663.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: CR

Building Info

  • Builder Name: K HOVNANIAN

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3208278
  • Tax Annual Amount: 9779.00
  • Assessor Parcel Number: 08-00020 05-00089
  • Tax Lot: 00089
  • Tax Year: 2014
  • Close Date: 09/10/2015

MLS Schools

  • School District Name: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Marshall Gndolyn
Bought by
Marshall Gwendolyn
Current Estimated Value
$794,260

Purchase Details

Listed on
May 19, 2015
Closed on
Sep 8, 2015
Sold by
Drouillard Suzette
Bought by
Marshall Gwendolyn
Seller's Agent
Amy Worthington
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$469,000
Sold Price
$415,000
Premium/Discount to List
-$54,000
-11.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$407,483
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2010
Sold by
Sagigur Robert N and Drouillard Suzette
Bought by
Drouillard Suzette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1996
Sold by
Parella John
Bought by
Drouillard Suzette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.08%

Purchase Details

Closed on
Feb 14, 1991
Sold by
K Hovnanian At Somerset Vii Inc
Bought by
Parella John A and Parella Marie A
Source: Public Records

Range of Values:

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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
Marshall Gwendolyn -- None Available
Marshall Gwendolyn $415,000 Agent For Westcor Land Title
Drouillard Suzette -- Multiple
Drouillard Suzette $225,000 --
Parella John A $208,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Gwendolyn $29,958
Previous Owner Marshall Gwendolyn $407,483
Previous Owner Drouillard Suzette $195,000
Previous Owner Drouillard Suzette $150,000
Previous Owner Drouillard Suzette $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2015 09/10/15 Sold $415,000 -3.5% $151 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
07/06/2015 07/06/15 Price Changed $429,900 -6.3% $157 / Sq Ft
06/23/2015 06/23/15 Price Changed $459,000 -2.1% $168 / Sq Ft
05/19/2015 05/19/15 For Sale $469,000 0.0% $171 / Sq Ft
09/01/2013 09/01/13 Rented $2,500 0.0% --
08/01/2013 08/01/13 Under Contract -- -- --
07/20/2013 07/20/13 For Rent $2,500 -- --
Source: Bright 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 $11,323 $628,000 $320,700 $307,300
2023 $11,061 $575,500 $268,200 $307,300
2022 $11,032 $544,000 $236,700 $307,300
2021 $10,847 $491,500 $184,200 $307,300
2020 $10,866 $481,000 $173,700 $307,300
2019 $10,760 $470,500 $163,200 $307,300
2018 $10,383 $449,500 $142,200 $307,300
2017 $10,180 $439,000 $131,700 $307,300
2016 $10,144 $433,700 $126,400 $307,300
2015 $9,954 $428,500 $121,200 $307,300
2014 $9,779 $427,400 $120,100 $307,300
Source: Public Records

Agents Affiliated with this Home

  • Amy Worthington

    Seller's Agent in 2015

    Amy Worthington

    Callaway Henderson Sotheby's Int'l-Princeton

    (609) 647-8910

    9 Total Sales

    Amy Worthington
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Map

Source: Bright MLS

MLS Number: 1002607648

Bright MLS

APN: 08-00020-05-00089

New Jersey Somerset County Franklin Park 08823

78 Magellan Way, Franklin Park, NJ

This home is located at 78 Magellan Way, Franklin Park, NJ 08823 since 19 May 2015 and is currently estimated at $794,260, approximately $289 per square foot. This property was built in 1992. 78 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.

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