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2 Crabapple Lane

2 Crabapple Lane, Franklin Park, NJ 08823
Condo in Somerset
Sold Jul 26, 2023
$270,000
$247,000 by Rocket Mortgage Llc
Mortgage Due Aug 01, 2053
Sold Apr 28, 2003
$145,000
$116,000 by National City Mtg
Mortgage
2 Crabapple Lane is a condo located in Somerset, Franklin Park. The building was first built in 1987 and is 37 years old. 2 Crabapple Lane has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. See the full transaction history for 2 Crabapple Lane below.

Somerset, where 2 Crabapple Lane is located, has a median asking price of $299,999 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 601
  • Total Building Area: 1,211
  • Building Area: 1,211
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,211
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.013
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : SHARMA SMITA
  • Previous Owner : ZHENG LI XING
  • Previous Owner 2: ZHENG XIU LI
  • Owner Before Previous Owner: DOHERTY MARTINA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053403

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 2404
  • District: 08
  • Parcel: 08 00034- 03-00016- 01-C0183
  • Block: 34.03
  • Lot: 16.01
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4415
  • Longitude: -74.5465

    Address

  • Full Address: 2 Crabapple Ln
  • Address - House Number: 2
  • Address - Street Name: Crabapple
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Franklin Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 1406
  • Zip Code: 08823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,759

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 315,862
  • High Value: 368,590
  • Low Value: 263,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 26, 2023
  • First Open Lien Mortgage Loan Amount: $247,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $244,882
  • Market Land Value: $93,957
  • Market Improvement Value: $150,925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,600
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $152,600

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Transaction ID: 11910219959
  • Current Sale Price: $270,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 19054
  • Previous Sale Recording Date: Apr 28, 2003
  • Previous Sale Contract Date: Dec 18, 2002
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 26, 2023
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MTG
  • Previous Mortgage Transaction Date: Apr 28, 2003
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360

About Franklin Park



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Frequently Asked Questions

What neighborhood is 2 Crabapple Lane located in?
The 2 Crabapple Lane is a condo located in the neighborhood of Somerset in Franklin Park, Franklin Park.
What is the average sales price for listings in 2 Crabapple Lane?
The average sales price for units in 2 Crabapple Lane is $0 currently.

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