by RHP Realty

See Home Value
East Franklin 08873
207 Phillips Road
$505,000
● House - Off Market

207 Phillips Road

Franklin, NJ 08873
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,468 Ft²
$2,958
Est. Monthly
8.39%
Cap Rate

About This Property

Welcome Home to Harmony & Comfort. Step into a home designed for living, growing, and thriving. Located in the heart of Somerset, this beautifully maintained bi-level offers 4-bedrooms, 1 full bathroom home has been lovingly cared for. Abundance of natural light, radiating warmth through the open living room & separate dining room. The lower level offers a versatility room with direct access to the private, fenced-in backyard is ideal for gathering. Perfect guest suite, offering independence while staying connected and a laundry area for daily ease. Whether you're starting a new chapter or seeking life in a vibrant neighborhood. Beyond the walls of this beautiful home lies the convenience of central Somerset living. You'll enjoy proximity to local amenities, transit buses, NJ Transit trains, and major highways including the NJ Turnpike, Rt 287 & Rt 22, making daily commutes or weekend getaways seamless. Near Rutgers University, local hospitals, parks, shopping centers, and dining options. Whether you're drawn to the vibrancy of nearby towns or the peacefulness of home, this location supports both. Oversized 2-car attached garage, Multi-car driveway for ample parking. This Somerset bi-level is more than square footage and specs, it's a place where memories are made everyday.  I invite you to come experience the potential this home has to offer.
Unit Size
1,468 Ft²
Days on Market
71 days
Land Size
0.20 acres
Price per sqft
$341
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1968

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Last updated: 2 years ago (CJMLS #2601656R)

Price History

Date / Event Date Event Price
Oct 9, 2025 Sold
Sold
Aug 11, 2025 In contract -
In contract
Jul 30, 2025 Listed by REALTY OF AMERICA $499,999
Listed by REALTY OF AMERICA

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,468
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053200

Zoning

  • Zoning: R7

Geography

  • Assessors Map Reference: TAX MAP 8104
  • District: 08
  • Parcel: 08 00237-0000-00005
  • Block: 237
  • Lot: 5
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4943
  • Longitude: -74.4778

    Address

  • Full Address: 207 Phillips Rd
  • Address - House Number: 207
  • Address - Street Name: Phillips
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C007
  • 4-Digit Zip Code: 2083
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $602,952

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 80
  • Final Value: 386,560
  • High Value: 447,434
  • Low Value: 325,686

    Market Valuation

  • Market Total Value: $307,388
  • Market Land Value: $186,332
  • Market Improvement Value: $121,056

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,800
  • Assessed Land Value: $188,400
  • Assessed Improvements Value: $122,400

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021051834
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Franklin


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 26 Winthrop Rd, Franklin Twp., 08873-1810

$3,999 /mo

  • 3 Beds
  • 3 Baths
26 Winthrop Rd, Franklin Twp., 08873-1810 Listing by JOSEPH MORREALE
Unit for rent at 6 Flower Road, Franklin Twsp, NJ, 08873

$3,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,887 ft²
6 Flower Road, Franklin Twsp, NJ, 08873 Listing by LOUIS G. BARROOD


Frequently Asked Questions

When was property at 207 Phillips Road built and last sold?
The property at 207 Phillips Road was built in 1968 and last sold on Aug 19, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 207 Phillips Road is $0.
What are some comparable homes to 207 Phillips Road?
There are currently no comparable homes to 207 Phillips Road.