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27 Timberhill Drive

27 Timberhill Drive, Franklin Park, NJ 08823
Property in Somerset
Sold Jun 08, 2022
$675,000
$540,000 by Sistar Mortgage Company
Mortgage Due Jun 01, 2052
Sold Aug 30, 2011
$485,000
$388,000 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2041
27 Timberhill Drive has been categorized by the local assessors in Franklin Park, NJ as a residential type of property. The building on the property was first built in 2003 and is 21 years old. In addition, 27 Timberhill Drive has 2,750 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,492 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 27 Timberhill Drive was last sold in May 10, 2022 for $675,000. According to our calculations, that's $245.45 per sqft. Prior to that sales transaction, the property was sold for $485,000 in Aug 22, 2011. Current property owners are expected to pay $12,583 in taxes per year. The property on 27 Timberhill Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $654,700. To break that down further, the land itself was valued at $307,400. While improvements to the property were assessed at a total of $347,300. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Parking

Garage Parking
Attached Garage

Driveway

Driveway

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,492
  • Total Building Area: 2,750
  • Building Area: 2,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VIRANI AMITKUMAR MOHANBHAI
  • Current Owner 2: KIKANE ANEE J
  • Previous Owner : GAJERA
  • Previous Owner 2: HANSA
  • Owner Before Previous Owner: LATTUPALLY RAMDEV
  • Owner Before Previous Owner 2: POREDDY MANJULA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R10B

Geography

  • Assessors Map Reference: TAX MAP 23
  • District: 08
  • Parcel: 08 00020- 13-00002
  • Block: 20.13
  • Lot: 2
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4314
  • Longitude: -74.5632

    Address

  • Full Address: 27 Timberhill Dr
  • Address - House Number: 27
  • Address - Street Name: Timberhill
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Franklin Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 1765
  • Zip Code: 08823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,583

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 793,913
  • High Value: 913,371
  • Low Value: 674,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: SISTAR MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Jun 08, 2022
  • First Open Lien Mortgage Loan Amount: $540,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $647,512
  • Market Land Value: $304,025
  • Market Improvement Value: $343,487

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $654,700
  • Assessed Land Value: $307,400
  • Assessed Improvements Value: $347,300

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: Jun 08, 2022
  • Current Sale Transaction ID: 11889783565
  • Current Sale Price: $675,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 24461
  • Previous Sale Recording Date: Aug 30, 2011
  • Previous Sale Contract Date: Aug 22, 2011
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SISTAR MORTGAGE COMPANY
  • First Mortgage Transaction Date: Jun 08, 2022
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Aug 30, 2011
  • Previous Mortgage Loan Amount: $388,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2041

About Franklin Park



Similar Buildings

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Frequently Asked Questions

What neighborhood is 27 Timberhill Drive located in?
The 27 Timberhill Drive is a located in the neighborhood of Somerset in Franklin Park, Franklin Park.
What is the average sales price for listings in 27 Timberhill Drive?
The average sales price for units in 27 Timberhill Drive is $0 currently.

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