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124 Columbus Drive

124 Columbus Drive, Franklin Park, NJ 08823
Property in Somerset
Sold Apr 19, 2021
$242,000
$169,400 by American Bancshares Mortgage L
Mortgage Due May 01, 2061
Sold May 23, 2016
Transfer
Local assessors in Franklin Park, NJ have categorized 124 Columbus Drive as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 1,135 square feet. 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 124 Columbus Drive has a total of 1,444 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. The property was last sold in Apr 6, 2021 for $242,000. That's $167.59 per sqft. 124 Columbus Drive was last assessed in 2023. The total value of the property was assessed at $304,700. Specifically, the land the property is located on was valued at $140,000. While improvements on the property were assessed at a total of $164,700. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,856. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1,135
  • Total Building Area: 1,444
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,444
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE WYNNEFIELD AT SOMERSET CONDOMINIUM
  • Land Acres: 0.026
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : ALAM KAMRUN N
  • Current Owner 2: ALAM SABBIR
  • Previous Owner : OMALLEY MATTHEW O
  • Previous Owner 2: OMALLEY KAREN M
  • Owner Before Previous Owner: BIRCH O MALLEY KAREN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

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-C1403
  • Block: 20.10
  • Lot: 11.02
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4336
  • Longitude: -74.5585

    Address

  • Full Address: 124 Columbus Dr
  • Address - House Number: 124
  • 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: $5,856

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 399,222
  • High Value: 454,055
  • Low Value: 344,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,400
  • First Open Lien Mortgage Lender: AMERICAN BANCSHARES MORTGAGE L
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Loan Amount: $169,400
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2061

    Market Valuation

  • Market Total Value: $301,355
  • Market Land Value: $138,463
  • Market Improvement Value: $162,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,700
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $164,700

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11833925808
  • Current Sale Price: $242,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021024837
  • Previous Sale Recording Date: May 23, 2016
  • Previous Sale Contract Date: May 11, 2016
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN BANCSHARES MORTGAGE L
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $169,400
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2061

About Franklin Park



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Nearby Rentals

Unit for rent at 21 Crestview Drive, South Brunswick, NJ, 08824

$6,900 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,396 ft²
21 Crestview Drive, South Brunswick, NJ, 08824 Listing by LAURIE MACHALANY

Frequently Asked Questions

What neighborhood is 124 Columbus Drive located in?
The 124 Columbus Drive is a located in the neighborhood of Somerset in Franklin Park, Franklin Park.
What is the average sales price for listings in 124 Columbus Drive?
The average sales price for units in 124 Columbus Drive is $0 currently.

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