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77 Sapphire Lane

77 Sapphire Lane, Franklin Park, NJ 08823
Property in Somerset
Sold Jul 26, 2018
$205,000
$198,850 by New Jersey Lenders Corp
Mortgage Due Aug 01, 2048
Sold Jun 24, 2014
$180,000
$165,000 by Wyndham Capital Mortgage Inc
Mortgage Due Jul 01, 2044
77 Sapphire Lane 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. It is a single story home. 77 Sapphire Lane has 1,098 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 689 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. 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, 77 Sapphire Lane sold most recently in Jul 12, 2018 for a total of $205,000. If you work out the math, that's approximately a cost of $186.70 per sqft. Before that, the property was also sold for $180,000 in Jun 23, 2014. 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 $5,009 in taxes each year. 77 Sapphire Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $260,600. If we break it down further, the land itself was valued at $110,000. Improvements to the property, however, were assessed at a total of $150,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1990
  • Effective Year Built: 1990
  • 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: 689
  • Total Building Area: 1,098
  • Building Area: 1,098
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,098
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEACON HILL AT SOMERSET CONDOMINIUM
  • Land Acres: 0.015
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : SHARMA BHISHAM
  • Previous Owner : GOLDBERG JONATHAN
  • Owner Before Previous Owner: GIOVANNIELLO NICHOLAS
  • Owner Before Previous Owner 2: GIOVANNIELLO JENNIFER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: CR

Geography

  • Assessors Map Reference: TAX MAP 2413
  • Account Number: 188729
  • District: 08
  • Parcel: 08 00034- 09-00059- 02-C0471
  • Block: 34.09
  • Lot: 59.02
  • Municipality: FRANKLIN TWP
  • Latitude: 40.4366
  • Longitude: -74.5538

    Address

  • Full Address: 77 Sapphire Ln
  • Address - House Number: 77
  • Address - Street Name: Sapphire
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Franklin Park
  • Carrier Code: C004
  • 4-Digit Zip Code: 1643
  • Zip Code: 08823

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,009

    Appraisal Valuation

  • Standard Deviation: 0.1337
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 84
  • Final Value: 319,833
  • High Value: 362,618
  • Low Value: 277,048

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,850
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Jul 26, 2018
  • First Open Lien Mortgage Loan Amount: $198,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $257,739
  • Market Land Value: $108,792
  • Market Improvement Value: $148,947

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,600
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $150,600

    Sales

  • Current Sale Contract Date: Jul 12, 2018
  • Current Sale Recording Date: Jul 26, 2018
  • Current Sale Transaction ID: 11506093065
  • Current Sale Price: $205,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018027950
  • Previous Sale Recording Date: Jun 24, 2014
  • Previous Sale Contract Date: Jun 23, 2014
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Jul 26, 2018
  • First Mortgage Loan Amount: $198,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WYNDHAM CAPITAL MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 24, 2014
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Franklin Park



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Frequently Asked Questions

What neighborhood is 77 Sapphire Lane located in?
The 77 Sapphire Lane is a located in the neighborhood of Somerset in Franklin Park, Franklin Park.
What is the average sales price for listings in 77 Sapphire Lane?
The average sales price for units in 77 Sapphire Lane is $0 currently.

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