by RHP Realty

See Home Value
Somerset 08873
22 Abbott Road
$406,000
House - Off Market

22 Abbott Road

Franklin, NJ 08873
bedrooms
3 Beds
bathrooms
2 Baths
$405,952
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Located in a beautiful and quiet neighborhood, this 1 level (no basement) ranch that could use some updating but in a renovate as you go condition. Large open floor plan with wood burning fireplace, updated central air, water heater and painted exterior. Large owner's bedroom with bathroom, 2 car garage, and large backyard. Home presents tremendous potential and opportunities. Chimney in as-is condition. Home Warranty INCLUDED!! LOW TAXES!!
Unit Size
-
Days on Market
272 days
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$575
HOA Dues
-
Year Built
1965
Last updated: 2 years ago (CJMLS #2301551R)

Price History

Date / Event Date Event Price
May 15, 2023 Sold to Celeste David Mavrakakis, H... $406,000
Sold to Celeste David Mavrakakis, H...
Mar 15, 2023 In contract -
In contract
Jan 31, 2023 Price Decreased $399,000
↓ $26K (6.1%)
Price Decreased
Sep 28, 2022 Relisted $425,000
Relisted
Sep 26, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,360
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 1,676
  • Building Area: 1,676
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,676
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.261
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MAVRAKAKIS HARIKLIA
  • Current Owner 2: MAVRAKAKIS CELESTE DAVID
  • Previous Owner : PHILLIPS WENDELL
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 053103

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 6004
  • District: 08
  • Parcel: 08 00339-0000-00031
  • Block: 339
  • Lot: 31
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4988
  • Longitude: -74.4875

    Address

  • Full Address: 22 Abbott Rd
  • Address - House Number: 22
  • Address - Street Name: Abbott
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Somerset
  • Carrier Code: C010
  • 4-Digit Zip Code: 2340
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,239

    Appraisal Valuation

  • Standard Deviation: 0.0722
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 95
  • Final Value: 375,685
  • High Value: 402,847
  • Low Value: 348,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $338,746
  • First Open Lien Mortgage Lender: ABSOLUTE HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 15, 2023
  • First Open Lien Mortgage Loan Amount: $338,746
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $420,038
  • Market Land Value: $288,102
  • Market Improvement Value: $131,936

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $424,700
  • Assessed Land Value: $291,300
  • Assessed Improvements Value: $133,400

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Transaction ID: 11906450495
  • Current Sale Price: $406,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11975

    Last Sale Mortgage

  • First Mortgage Lender: ABSOLUTE HOME MORTGAGE CORP
  • First Mortgage Transaction Date: May 15, 2023
  • First Mortgage Loan Amount: $338,746
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$380,000 Mar 13, 2007
$380,000 Jun 15, 2007
$530/mo
House
3 Beds
2 Baths
-
$435,000 Nov 30, -0001
$465,000 Mar 18, 2022
-
House
4 Beds
3 Baths
-
$345,000 Nov 1, 2019
$345,000 Jan 17, 2020
$611/mo
House
4 Beds
3 Baths
2,000 ft²
$163/ft²
$325,000 Feb 19, 2016
$325,000 Apr 28, 2016
-
House
5 Beds
3 Baths
-
$459,999 Nov 30, -0001
$415,000 Dec 27, 2022
-
House
3 Beds
2 Baths
-
$389,000 Feb 4, 2023
-
-
In Contract
House
3 Beds
3 Baths
-
$470,000 Feb 6, 2023
-
-
House
3 Beds
1 Bath
-
$349,000 Apr 3, 2023
-
-
House
2 Beds
2 Baths
-
$400,000 Feb 24, 2023
-
-
House
4 Beds
3 Baths
-
$395,000 May 6, 2023
-
-
House
4 Beds
3 Baths
-
$430,000 Mar 4, 2023
-
-

About Somerset


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Frequently Asked Questions

When was property at 22 Abbott Road built and last sold?
The property at 22 Abbott Road was built in 1965 and last sold on May 15, 2023 for $406,000.
How much is this home worth?
The estimated value of the home located at 22 Abbott Road is $402,990.
What are some comparable homes to 22 Abbott Road?
Homes that are comparable to 22 Abbott Road include a house property at 380 Ralph Street, 5 Freeman Road, 243 West Point Avenue.

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