NOT LISTED FOR SALE

9 Lyon Ln Unit 161 Franklin Park, NJ 08823

Franklin Park Neighborhood

Estimated Value: $426,416 - $442,000

2 Beds
2.5 Baths
1,642 Sq Ft
566 Sq Ft Lot

Last Sold February 24, 2022

Last sale price $320,000 $195 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,836/month

145 Days on Market

Highlights

  • Private Pool
  • Sun or Florida Room
  • Tennis Courts
  • Wood Flooring
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of February 2022

Freshly painted, 1642 square feet spacious, end unit townhome. 2 bedrooms 2 1/2 bath, 2 parking spaces, dinning and living room combo and Florida room. - New hot water heater, updated dishwasher and dryer. hardwood floors. Each bedroom on the second floor has an attached bathroom.

Last Listed By

ANITA CHADHA

NEW JERSEY REALTY, LLC. Listed on: 10/02/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,812

Year Built

  • Built in 1986

Lot Details

  • 566

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,642 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • On-Site Parking
  • Open Parking
  • Assigned Parking

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance, maintenance structure, snow removal, ground maintenance
  • Society Hill/Somerset 02 Subdivision

Recreation

  • Tennis Courts
  • Bike Trail

Building Details

  • Maintenance Expense $260

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,812

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Sole Proprietorship
  • Subdivision Name: Society Hill/Somerset 02
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Two, Bi-Level
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Kitchen, Living Room, Dining Room, Florida Room, 2 Bedrooms, Bath Second
  • Living Area: 1642
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: Outdoor Pool
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Site, On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Jog/Bike Path, Tennis Court(s)
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maintenance, Maintenance Structure, Snow Removal, Maintenance Grounds

Lot Info

  • Zoning: CR

Multi Family

  • Maintenance Expense: 260

Tax Info

  • Tax Annual Amount: 5812
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Feb 23, 2022
Sold by
Reena Sehgal
Bought by
Bailey Valerie
Seller's Agent
ANITA CHADHA
NEW JERSEY REALTY, LLC.
List Price
$320,000
Sold Price
$320,000
Total Days on Market
145
Current Estimated Value
$435,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,854
Avg. Annual Appreciation
9.64%
Original Mortgage
$296,400
Outstanding Balance
$278,749
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$151,220

Purchase Details

Closed on
May 17, 2006
Sold by
Bocklage Joseph T
Bought by
Sehgal Reena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.42%

Range of Values:

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Average Value
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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
Bailey Valerie $320,000 Land Title Services
Sehgal Reena $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey-Johnston Valerie I $35,047
Open Bailey Valerie $296,400
Previous Owner Sehgal Reena $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $320,000 0.0% $195 / Sq Ft
10/02/2021 10/02/21 For Sale $320,000 -- $195 / Sq Ft
Source: All Jersey 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 $6,262 $347,300 $160,000 $187,300
2023 $6,099 $317,300 $130,000 $187,300
2022 $5,624 $277,300 $90,000 $187,300
2021 $5,899 $267,300 $80,000 $187,300
2020 $5,812 $257,300 $70,000 $187,300
2019 $5,656 $247,300 $60,000 $187,300
2018 $5,387 $233,200 $50,000 $183,200
2017 $5,060 $218,200 $35,000 $183,200
2016 $4,987 $213,200 $30,000 $183,200
2015 $4,953 $213,200 $30,000 $183,200
2014 $4,878 $213,200 $30,000 $183,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    ANITA CHADHA

    NEW JERSEY REALTY, LLC.

    1 in this area

    1 Total Sale

    ANITA CHADHA
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2204596R

All Jersey MLS

APN: 08-00034-02-00016-03-C0161

New Jersey Somerset County Franklin Park 08823 Franklin Park

9 Lyon Ln Unit 161, Franklin Park, NJ

Homes for Sale in Franklin Park, NJ

This home is located at 9 Lyon Ln Unit 161, Franklin Park, NJ 08823 since 02 October 2021 and is currently estimated at $435,854, approximately $265 per square foot. This property was built in 1986. 9 Lyon Ln Unit 161 is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

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