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65 Rachel Court

65 Rachel Court, Franklin Park, NJ 08823
Property in Somerset
Sold Nov 20, 2012
$178,000
$100,000 by Navy Fcu
Mortgage Due Dec 01, 2027
Sold Feb 17, 2005
$199,900
$189,905 by Navy Fcu
Mortgage Due Feb 01, 2035
65 Rachel Court in Franklin Park, NJ was first built in 1988 and is 36 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. 65 Rachel Court has 1,138 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.

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. 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, 65 Rachel Court was last sold in Nov 9, 2012 for $178,000. According to our calculations, that's $156.41 per sqft. Prior to that sales transaction, the property was sold for $199,900 in Jan 17, 2005. Current property owners are expected to pay $4,930 in taxes per year. The property on 65 Rachel Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $256,500. To break that down further, the land itself was valued at $110,000. While improvements to the property were assessed at a total of $146,500. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,138
  • Building Area: 1,138
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,138
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCOIETY HILL AT SOMERSET III CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : GOODMAN ELIZABETH J
  • Current Owner 2: MORRIS JILL M
  • Previous Owner : SIMPSON COLIN R
  • Previous Owner 2: SIMPSON PATRICIA S
  • Owner Before Previous Owner: MCDEVITT PETER D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

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

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 2412
  • District: 08
  • Parcel: 08 00034- 08-00054- 01-C4501
  • Block: 34.08
  • Lot: 54.01
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4358
  • Longitude: -74.5504

    Address

  • Full Address: 65 Rachel Ct
  • Address - House Number: 65
  • Address - Street Name: Rachel
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Franklin Park
  • Carrier Code: C003
  • 4-Digit Zip Code: 1543
  • Zip Code: 08823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,930

    Appraisal Valuation

  • Standard Deviation: 0.1448
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 315,208
  • High Value: 360,875
  • Low Value: 269,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Nov 20, 2012
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Dec 01, 2027

    Market Valuation

  • Market Total Value: $253,684
  • Market Land Value: $108,792
  • Market Improvement Value: $144,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,500
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $146,500

    Sales

  • Current Sale Contract Date: Nov 09, 2012
  • Current Sale Recording Date: Nov 20, 2012
  • Current Sale Transaction ID: 11476137411
  • Current Sale Price: $178,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2012063920
  • Previous Sale Recording Date: Feb 17, 2005
  • Previous Sale Contract Date: Jan 17, 2005
  • Previous Sale Amount: $199,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Nov 20, 2012
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Feb 17, 2005
  • Previous Mortgage Loan Amount: $189,905
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Franklin Park



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Frequently Asked Questions

What neighborhood is 65 Rachel Court located in?
The 65 Rachel Court is a located in the neighborhood of Somerset in Franklin Park, Franklin Park.
What is the average sales price for listings in 65 Rachel Court?
The average sales price for units in 65 Rachel Court is $0 currently.

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