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28 Pear Tree Lane

28 Pear Tree Lane, Franklin Park, NJ 08823
Property in Somerset
Sold Jan 05, 2000
$123,000
Local assessors in Franklin Park, NJ have categorized 28 Pear Tree Lane as a residential type of property. The home was built in 1987 and is 37 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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 28 Pear Tree Lane has a total of 1,774 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 28 Pear Tree Lane sold most recently in Dec 30, 1999 for a total of $123,000. If you work out the math, that's approximately a cost of $69.33 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,450 in taxes each year. 28 Pear Tree Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $335,600. If we break it down further, the land itself was valued at $145,000. Improvements to the property, however, were assessed at a total of $190,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

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: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,774
  • Building Area: 1,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,774
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

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

Ownership

  • Current Owner : PITCHFORD SHEREE
  • Current Owner 2: PITCHFORD JOYCE
  • Previous Owner : LIU FELICIA
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 10, 2022

Neighborhood

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

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 2405
  • District: 08
  • Parcel: 08 00034- 04-00008- 01-C0044
  • Block: 34.04
  • Lot: 8.01
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4413
  • Longitude: -74.5485

    Address

  • Full Address: 28 Pear Tree Ln
  • Address - House Number: 28
  • Address - Street Name: Pear Tree
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Franklin Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 1403
  • Zip Code: 08823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,450

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 430,807
  • High Value: 489,978
  • Low Value: 371,637

    Market Valuation

  • Market Total Value: $331,916
  • Market Land Value: $143,408
  • Market Improvement Value: $188,508

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,600
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $190,600

    Sales

  • Current Sale Contract Date: Dec 30, 1999
  • Current Sale Recording Date: Jan 05, 2000
  • Current Sale Transaction ID: 1119507740
  • Current Sale Price: $123,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT BANK
  • First Mortgage Transaction Date: Jan 05, 2000
  • First Mortgage Loan Amount: $119,300
  • First Mortgage Terms: 360

About Franklin Park



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Frequently Asked Questions

What neighborhood is 28 Pear Tree Lane located in?
The 28 Pear Tree Lane is a located in the neighborhood of Somerset in Franklin Park, Franklin Park.
What is the average sales price for listings in 28 Pear Tree Lane?
The average sales price for units in 28 Pear Tree Lane is $0 currently.

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