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5 Benjamin Griggs Drive

5 Benjamin Griggs Drive, Franklin Park, NJ 08823
Property in Somerset
Sold Jul 10, 2002
$550,000
$308,500 by Digital Fcu
Mortgage Due Jun 01, 2031
Sold Feb 02, 2000
$485,000
Buyer
Seller
$363,750 by Washington Mutual Bk
Mortgage
5 Benjamin Griggs 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 1997 and is 27 years old. The building has a total of 2 stories. In addition, 5 Benjamin Griggs Drive has 3,708 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 95,222 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 5 Benjamin Griggs Drive was last sold in Jul 2, 2002 for $550,000. According to our calculations, that's $148.33 per sqft. Prior to that sales transaction, the property was sold for $485,000 in Jan 24, 2000. Current property owners are expected to pay $15,710 in taxes per year. The property on 5 Benjamin Griggs Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $817,400. To break that down further, the land itself was valued at $324,100. While improvements to the property were assessed at a total of $493,300. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 95,222
  • Total Building Area: 3,708
  • Building Area: 3,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,708
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.186
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FLIPPEN MATTHEW
  • Current Owner 2: HAYNES KAREN
  • Previous Owner : CHU JONATHAN
  • Owner Before Previous Owner: JACKSON MARK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: TAX MAP 26
  • District: 08
  • Parcel: 08 00033- 01-00037
  • Block: 33.01
  • Lot: 37
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4472
  • Longitude: -74.5609

    Address

  • Full Address: 5 Benjamin Griggs Dr
  • Address - House Number: 5
  • Address - Street Name: Benjamin Griggs
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Franklin Park
  • Carrier Code: C005
  • 4-Digit Zip Code: 1821
  • Zip Code: 08823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,710

    Appraisal Valuation

  • Standard Deviation: 0.1376
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 83
  • Final Value: 1,009,267
  • High Value: 1,148,218
  • Low Value: 870,315

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $428,500
  • First Open Lien Mortgage Lender: DIGITAL FCU
  • First Open Lien Mortgage Recording Date: May 06, 2021
  • First Open Lien Mortgage Loan Amount: $308,500
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2031
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 27, 2024
  • Second Open Lien Mortgage Loan Amount: $120,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 17, 2054

    Market Valuation

  • Market Total Value: $808,426
  • Market Land Value: $320,542
  • Market Improvement Value: $487,884

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $817,400
  • Assessed Land Value: $324,100
  • Assessed Improvements Value: $493,300

    Sales

  • Current Sale Contract Date: Jul 02, 2002
  • Current Sale Recording Date: Jul 10, 2002
  • Current Sale Transaction ID: 11476159120
  • Current Sale Price: $550,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 02, 2000
  • Previous Sale Contract Date: Jan 24, 2000
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEICHERT FINANCIAL
  • First Mortgage Transaction Date: Jul 10, 2002
  • First Mortgage Loan Amount: $375,000

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BK
  • Previous Mortgage Transaction Date: Feb 02, 2000
  • Previous Mortgage Loan Amount: $363,750

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Frequently Asked Questions

What neighborhood is 5 Benjamin Griggs Drive located in?
The 5 Benjamin Griggs Drive is a located in the neighborhood of Somerset in Pleasant Plains, Franklin Park.
What is the average sales price for listings in 5 Benjamin Griggs Drive?
The average sales price for units in 5 Benjamin Griggs Drive is $0 currently.

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