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8 Diamond Court

8 Diamond Court, Franklin Park, NJ 08823
Property in Somerset
Sold Nov 19, 1998
$147,500
Seller
Sold Jun 19, 1990
$148,300
8 Diamond Court in Franklin Park, NJ was first built in 1990 and is 34 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. There are a total of 2 floors. 8 Diamond Court has 1,848 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 1,243 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 Nov 17, 1998 for $147,500. That's $79.82 per sqft. Prior to that sales transaction, the property was also sold in Jun 14, 1990 for $148,300. 8 Diamond Court was last assessed in 2023. The total value of the property was assessed at $397,800. Specifically, the land the property is located on was valued at $170,000. While improvements on the property were assessed at a total of $227,800. 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 $7,646. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 1,243
  • Total Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.028
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : WRIGHT THOMAS
  • Previous Owner : GOULD SUSAN
  • Owner Before Previous Owner: K HOVNANIAN AT SOMERSET V INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 2415
  • Account Number: 188667
  • District: 08
  • Parcel: 08 00034- 09-00059- 02-C0382
  • Block: 34.09
  • Lot: 59.02
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4359
  • Longitude: -74.5574

    Address

  • Full Address: 8 Diamond Ct
  • Address - House Number: 8
  • Address - Street Name: Diamond
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Franklin Park
  • Carrier Code: C004
  • 4-Digit Zip Code: 1604
  • Zip Code: 08823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,646

    Appraisal Valuation

  • Standard Deviation: 0.1373
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 480,570
  • High Value: 546,575
  • Low Value: 414,565

    Market Valuation

  • Market Total Value: $393,433
  • Market Land Value: $168,134
  • Market Improvement Value: $225,299

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,800
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $227,800

    Exemptions

  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 1998
  • Current Sale Recording Date: Nov 19, 1998
  • Current Sale Transaction ID: 1120621192
  • Current Sale Price: $147,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 19, 1990
  • Previous Sale Contract Date: Jun 14, 1990
  • Previous Sale Amount: $148,300
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CTX MTG
  • First Mortgage Transaction Date: Nov 19, 1998
  • First Mortgage Loan Amount: $118,000
  • First Mortgage Terms: 360

About Franklin Park



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Frequently Asked Questions

What neighborhood is 8 Diamond Court located in?
The 8 Diamond Court is a located in the neighborhood of Somerset in Franklin Park, Franklin Park.
What is the average sales price for listings in 8 Diamond Court?
The average sales price for units in 8 Diamond Court is $0 currently.

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