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4 Raleigh Way

4 Raleigh Way, Franklin Park, NJ 08823
Property in Somerset
Sold Sep 16, 2013
$400,100
$320,080 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2028
Sold Jul 12, 2010
$397,000
$317,600 by Total Mortgage Services Llc
Mortgage Due Jul 01, 2040
4 Raleigh Way in Franklin Park, NJ was first built in 1991 and is 33 years old. This has been categorized as a residential property type. There are a total of 2 floors. 4 Raleigh Way has 2,804 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The property was last sold in Jul 16, 2013 for $400,100. That's $142.69 per sqft. Prior to that sales transaction, the property was also sold in Jun 14, 2010 for $397,000. 4 Raleigh Way was last assessed in 2023. The total value of the property was assessed at $545,400. Specifically, the land the property is located on was valued at $256,100. While improvements on the property were assessed at a total of $289,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,483. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
Attached Garage
Garage Door Opener

Location

Near Public Transit
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,804
  • Building Area: 2,804
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SHAH SANJAY
  • Current Owner 2: SHAH BADAL
  • Previous Owner : PARIKH CHIRAYU B
  • Previous Owner 2: PARIKH SMITI C
  • Owner Before Previous Owner: DARUWALA FAROKH
  • Owner Before Previous Owner 2: DARUWALA KAMAL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 2302
  • District: 08
  • Parcel: 08 00020- 08-00002
  • Block: 20.08
  • Lot: 2
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4356
  • Longitude: -74.5667

    Address

  • Full Address: 4 Raleigh Way
  • Address - House Number: 4
  • Address - Street Name: Raleigh
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Franklin Park
  • Carrier Code: C006
  • 4-Digit Zip Code: 1700
  • Zip Code: 08823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,483

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 755,237
  • High Value: 871,924
  • Low Value: 638,550

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,080
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 16, 2013
  • First Open Lien Mortgage Loan Amount: $320,080
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2028

    Market Valuation

  • Market Total Value: $539,412
  • Market Land Value: $253,288
  • Market Improvement Value: $286,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $545,400
  • Assessed Land Value: $256,100
  • Assessed Improvements Value: $289,300

    Sales

  • Current Sale Contract Date: Jul 16, 2013
  • Current Sale Recording Date: Sep 16, 2013
  • Current Sale Transaction ID: 1119507508
  • Current Sale Price: $400,100
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013052087
  • Previous Sale Recording Date: Jul 12, 2010
  • Previous Sale Contract Date: Jun 14, 2010
  • Previous Sale Amount: $397,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 16, 2013
  • First Mortgage Loan Amount: $320,080
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: TOTAL MORTGAGE SERVICES LLC
  • Previous Mortgage Transaction Date: Jul 12, 2010
  • Previous Mortgage Loan Amount: $317,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2040

About Franklin Park



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Frequently Asked Questions

What neighborhood is 4 Raleigh Way located in?
The 4 Raleigh Way is a located in the neighborhood of Somerset in Franklin Park, Franklin Park.
What is the average sales price for listings in 4 Raleigh Way?
The average sales price for units in 4 Raleigh Way is $0 currently.

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