When was 18 Magellan Way, Franklin, NJ last sold?

The most recent recorded sale was in 2023 for $610,000.

What is the assessed value of 18 Magellan Way, Franklin, NJ?

The total municipal assessment is $615,100 (land plus improvements).

What is 18 Magellan Way, Franklin, NJ worth?

Our model estimates a market value of $727,448, derived from comparable recorded sales nearby.

How many units does 18 Magellan Way, Franklin, NJ have?

Records show 1 dwelling unit at 18 Magellan Way, Franklin, NJ.

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18 Magellan Way

Franklin, NJ 08823·Somerset County

Estimated market value

$727,448

high confidence

range $675,256 – $779,640

Assessment-implied: $638,203; Director's Ratio 0.9638 (2025)
Comp-implied: $668,838; 30 comparable sales

Based on 30 comparable sales

Address	Sold

Last sale

$610,000

8/25/2023 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1991

Building size

1,970 sq ft

Lot size

0.14 ac

Land description

.14 ACRES

Building description

2 SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$615,100

Land value

$306,100

Improvement value

$309,000

Last year's tax

$10,623

Last MOD-IV sale

$6,100

MOD-IV deed date

8/25/2023

Owner

Khan, Amjid A & Malik, Nasir M

18 Magellan Way
Franklin Park, NJ 08823

Sales history

8/25/2023$610,000
MOD-IV (Rutgers)Bk 7522 / Pg 2362
9/27/1991$173,690
MOD-IV (Rutgers)Bk 1830 / Pg 892

Date	Price	Book / Page	Source
8/25/2023	$610,000	7522 / 2362	MOD-IV (Rutgers)
9/27/1991	$173,690	1830 / 892	MOD-IV (Rutgers)

Deeds

No deeds on file. Click Fetch metadata to pull the title chain from the county clerk.

Properties on Magellan Way

Properties on Block 20.05

Frequently asked

When was 18 Magellan Way, Franklin, NJ last sold?: The most recent recorded sale was in 2023 for $610,000.
What is the assessed value of 18 Magellan Way, Franklin, NJ?: The total municipal assessment is $615,100 (land plus improvements).
What is 18 Magellan Way, Franklin, NJ worth?: Our model estimates a market value of $727,448, derived from comparable recorded sales nearby.
How many units does 18 Magellan Way, Franklin, NJ have?: Records show 1 dwelling unit at 18 Magellan Way, Franklin, NJ.
What kind of property is 18 Magellan Way, Franklin, NJ?: It is a Residential Property.

1808·block 20.05·lot 142

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18 Magellan Way

18 Magellan Way, Franklin, NJ — owner, sales, deeds · ElasticParcel

18 Magellan Way

Franklin, NJ 08823·Somerset County

Estimated market value

$727,448

high confidence

range $675,256 – $779,640

Assessment-implied: $638,203; Director's Ratio 0.9638 (2025)
Comp-implied: $668,838; 30 comparable sales

Based on 30 comparable sales

Address	Sold

Last sale

$610,000

8/25/2023 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1991

Building size

1,970 sq ft

Lot size

0.14 ac

Land description

.14 ACRES

Building description

2 SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$615,100

Land value

$306,100

Improvement value

$309,000

Last year's tax

$10,623

Last MOD-IV sale

$6,100

MOD-IV deed date

8/25/2023

Owner

Khan, Amjid A & Malik, Nasir M

18 Magellan Way
Franklin Park, NJ 08823

Sales history

8/25/2023$610,000
MOD-IV (Rutgers)Bk 7522 / Pg 2362
9/27/1991$173,690
MOD-IV (Rutgers)Bk 1830 / Pg 892

Date	Price	Book / Page	Source
8/25/2023	$610,000	7522 / 2362	MOD-IV (Rutgers)
9/27/1991	$173,690	1830 / 892	MOD-IV (Rutgers)

Deeds

No deeds on file. Click Fetch metadata to pull the title chain from the county clerk.

Properties on Magellan Way

Properties on Block 20.05

Frequently asked

When was 18 Magellan Way, Franklin, NJ last sold?: The most recent recorded sale was in 2023 for $610,000.
What is the assessed value of 18 Magellan Way, Franklin, NJ?: The total municipal assessment is $615,100 (land plus improvements).
What is 18 Magellan Way, Franklin, NJ worth?: Our model estimates a market value of $727,448, derived from comparable recorded sales nearby.
How many units does 18 Magellan Way, Franklin, NJ have?: Records show 1 dwelling unit at 18 Magellan Way, Franklin, NJ.
What kind of property is 18 Magellan Way, Franklin, NJ?: It is a Residential Property.

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