NOT LISTED FOR SALE

81 Gregory Ln Unit 1602 Franklin Park, NJ 08823

Estimated Value: $375,000 - $403,000

2 Beds
2 Baths
1,200 Sq Ft
$250/mo HOA Fee

Last Sold May 15, 2019

Last sale price $225,000 $188 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,779/month

36 Days on Market

Highlights

  • Outdoor Pool
  • Balcony
  • Forced Air Heating and Cooling System
  • End Unit

About This Home

As of May 2019

Updated 2 bedroom end-unit in desirable Society Hill has the look you have been waiting for. New ceramic flooring, new stainless appliances, and new lighting. New furnace, central air conditioning, and hot water heater. Sellers love the nearby nature preserve and trails. Master bedroom features a walk in closet, master bath, and sliding doors to balcony. Great living/family room and full hall bath. Check out this one in person!

Last Agent to Sell the Property

Jennifer Klein

Keller Williams Realty West Monmouth License #1223984 Listed on: 02/28/2019

Keller Williams Realty West Monmouth

Co-Listed By

Desiree Zardavets

Keller Williams Realty West Monmouth License #1650389

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,347

Year Built

  • Built in 1990

Lot Details

  • End Unit

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Balcony

Schools

  • Sampson G. Smith Middle School
  • Franklin High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: projector and speakers, entertainment and media hardward
  • Assessor Parcel Number 08-00020-03-00009-03-C1602

Community Details

Overview

  • Society Hill Sm Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,347

Year Built

Built in 1990

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common
  • Co List Office Mls Id: 1693
  • Co List Office Phone: 732-536-9010
  • Subdivision Name: Society Hill Sm
  • Architectural Style: End Unit
  • Year Built: 1990
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Pool Common2: Yes
  • Location Middle School: Sampson G. Smith
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style End Unit: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: projector and speakers, entertainment and media hardward
  • Exterior Features: Balcony

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Sampson G. Smith

Lot Info

  • Parcel #: 08-00020-03-00009-03-C1602

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4347.0

MLS Schools

  • High School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Tandon Kamal and Reddy Roopa Varada
Bought by
Thomas Karen
Current Estimated Value
$389,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,100
Outstanding Balance
$345,191
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$44,495

Purchase Details

Listed on
Feb 28, 2019
Closed on
May 13, 2019
Sold by
Hershkovitz Joshua
Bought by
Tandon Kamal
Seller's Agent
Jennifer Klein
Keller Williams Realty West Monmouth
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$202,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2016
Sold by
Yanchuk David
Bought by
Hershkovitz Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 1990
Sold by
K Hovnanian At Somerset Vi Inc
Bought by
Tanchuk Rosemary A
Source: Public Records

Range of Values:

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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
Thomas Karen $389,000 Title Lines
Thomas Karen $389,000 Title Lines
Tandon Kamal $225,000 Old Republic Natl Ttl Ins
Hershkovitz Joshua $179,000 Green Label Title Llc
Tanchuk Rosemary A $109,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Karen $350,100
Closed Thomas Karen $350,100
Previous Owner Tandon Kamal $202,500
Previous Owner Hershkovitz Joshua $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2019 05/15/19 Sold $225,000 -- $188 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2025 $5,557 $360,900 $150,000 $210,900
2024 $5,557 $308,200 $150,000 $158,200
2023 $5,539 $288,200 $130,000 $158,200
2022 $5,135 $253,200 $95,000 $158,200
2021 $5,036 $228,200 $70,000 $158,200
2020 $4,929 $218,200 $60,000 $158,200
2019 $4,762 $208,200 $50,000 $158,200
2018 $4,347 $188,200 $30,000 $158,200
2017 $4,364 $188,200 $30,000 $158,200
2016 $4,402 $188,200 $30,000 $158,200
2015 $4,372 $188,200 $30,000 $158,200
2014 $4,306 $188,200 $30,000 $158,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21907986

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00020-03-00009-03-C1602