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120 Columbus Drive

120 Columbus Drive, Franklin Park, NJ 08823
Property in Somerset
Sold Jul 24, 2017
$302,000
$256,700 by Freedom Mortgage Corp
Mortgage Due Aug 01, 2032
Sold Oct 31, 2008
$283,000
Buyer
Seller
$226,400 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2038
Local assessors in Franklin Park, NJ have categorized 120 Columbus Drive as a residential type of property. The home was built in 1992 and is 32 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 120 Columbus Drive has a total of 1,776 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 120 Columbus Drive was last sold in Jul 13, 2017 for $302,000. According to our calculations, that's $170.05 per sqft. Prior to that sales transaction, the property was sold for $283,000 in Oct 21, 2008. Current property owners are expected to pay $7,527 in taxes per year. The property on 120 Columbus Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $391,600. To break that down further, the land itself was valued at $185,000. While improvements to the property were assessed at a total of $206,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : KANNEGARITI ANUSHA
  • Current Owner 2: KILARU VENKATA KALYAN
  • Previous Owner : HTWE NVI N
  • Previous Owner 2: WIN KHIN
  • Owner Before Previous Owner: TERRIZZI NAT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053402

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 23
  • District: 08
  • Parcel: 08 00020- 10-00011- 02-C1405
  • Block: 20.10
  • Lot: 11.02
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4337
  • Longitude: -74.5586

    Address

  • Full Address: 120 Columbus Dr
  • Address - House Number: 120
  • Address - Street Name: Columbus
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Franklin Park
  • Carrier Code: C005
  • 4-Digit Zip Code: 1735
  • Zip Code: 08823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,527

    Appraisal Valuation

  • Standard Deviation: 0.1422
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 83
  • Final Value: 475,212
  • High Value: 542,812
  • Low Value: 407,612

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $291,700
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 24, 2017
  • First Open Lien Mortgage Loan Amount: $256,700
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2032
  • Second Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • Second Open Lien Mortgage Recording Date: Nov 04, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $387,301
  • Market Land Value: $182,969
  • Market Improvement Value: $204,332

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,600
  • Assessed Land Value: $185,000
  • Assessed Improvements Value: $206,600

    Sales

  • Current Sale Contract Date: Jul 13, 2017
  • Current Sale Recording Date: Jul 24, 2017
  • Current Sale Transaction ID: 1590353110
  • Current Sale Price: $302,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017029162
  • Previous Sale Recording Date: Oct 31, 2008
  • Previous Sale Contract Date: Oct 21, 2008
  • Previous Sale Amount: $283,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 24, 2017
  • First Mortgage Loan Amount: $256,700
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Oct 31, 2008
  • Previous Mortgage Loan Amount: $226,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2038

About Franklin Park



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Frequently Asked Questions

What neighborhood is 120 Columbus Drive located in?
The 120 Columbus Drive is a located in the neighborhood of Somerset in Franklin Park, Franklin Park.
What is the average sales price for listings in 120 Columbus Drive?
The average sales price for units in 120 Columbus Drive is $0 currently.

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