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Sold for $615,000
  • $615,000

    31 Franklin School Way, Metuchen, NJ 08840

    2beds
    1,390sqft
    Condominium
    Built in 2001
    -- sqft lot
    $615,600 Zestimate®
    $442/sqft
    $2,487 Estimated rent

    Home value

    $615,600

    $566,000 - $671,000

    $2,487/mo

    Zestimate® history
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    What's special

    Newly updated kitchen floorWarm inviting atmosphereAbundant natural lightOpen layoutPeaceful view
    Location, location! Welcome to the heart of Metuchen the highly sought‑after Franklin Square, just off Route 27 and minutes from the train station, shopping malls, dining, and everyday conveniences. This rare end-unit home is one of the first floor models in the community and includes a finished basement for additional living space as recreation room & storage. The home features 9 foot ceilings, with 1390 SQFT on first floor, plus additional 8 foot height 1390 finished basement. Open layout, abundant natural light, and a warm, inviting atmosphere. HVAC is less than one year old. Hardwood floors throughout the first floor, a newly updated kitchen floor, and an impressively spacious master suite with closet and nice size bathroom, 2nd bedroom and bathroom both exceeds expectations. The outdoor parking area sits beside a beautifully maintained green space, adding a peaceful view to your daily lifestyle. All of this is set within a stylish, well kept neighborhood that Metuchen residents love. Come see this exceptional home.

    Zillow last checked:

    Listing updated:

    Listed by:

    HUNGJUNG TSAI 732-485-7877,

    RE/MAX COMPETITIVE EDGE

    Source: All Jersey MLS,MLS#: 2702449RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: 1st Floor, Two Sinks, Full Bath, Walk-In Closet(s)
    • Level: First
    Bathroom
    • Features: Tub Shower, Stall Shower
    Dining room
    • Features: Dining L
    Kitchen
    • Features: Eat-in Kitchen, Separate Dining Area
    Basement
    • Area: 1390
    Heating
    • Central, Forced Air
    Cooling
    • Central Air, A/C Central - Some
    Appliances
    • Included: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Range, Washer, Gas Water Heater
    Features
    • 2 Bedrooms, Kitchen, Living Room, Bath Full, Bath Main, Dining Room, Great Room, Laundry Room, Storage, Family Room, Utility Room, None
    • Flooring: Carpet, Ceramic Tile, Vinyl-Linoleum, Wood
    • Basement: Partially Finished, Full, Daylight, Recreation Room, Storage Space, Utility Room, Laundry Facilities
    • Has fireplace: No
    Interior area
    • Total structure area: 1,390
    • Total interior livable area: 1,390 sqft

    Property

    Parking
    • Parking features: Additional Parking, Asphalt, Common, Off Site, On Site, Open, Paved
    • Has uncovered spaces: Yes
    Features
    • Levels: Two, Ground Floor
    • Stories: 2
    Lot
    • Size: 635 Square Feet
    • Features: Near Shopping, Near Train
    Details
    • Parcel number: 090008501000010000C0069
    • Zoning: F1

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary, End Unit, Two Story
    • Property subtype: Condominium
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 2001

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Playground
    HOA
    • Services included: Common Area Maintenance, Maintenance Structure, Snow Removal, Trash
    • Additional fee info: Maintenance Expense: $420 Monthly
    Location
    • Region: Metuchen

    Financial & listing details

    • Price per square foot: $442/sqft
    • Tax assessed value: $149,200
    • Annual tax amount: $10,824
    • Date on market: 8/11/2026
    • Ownership: Condominium
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    10/2/2026Sold$615,000-1.6%$442/sqft
    Source: All Jersey MLS #2702449R Report a problem
    9/4/2026Contingent$625,000$450/sqft
    Source: All Jersey MLS #2702449R Report a problem
    8/12/2026Listed for sale$625,000+140.4%$450/sqft
    Source: All Jersey MLS #2702449R Report a problem
    4/9/2002Sold$259,976$187/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,377 $149,200
    2024$10,377 +3.5%$149,200
    2023$10,029 +5.5%$149,200
    2022$9,506 +2.3%$149,200
    2021$9,288 +1.3%$149,200
    2020$9,165 +3.4%$149,200
    2019$8,862 $149,200
    2018$8,862 +2.9%$149,200
    2017$8,609 +2.3%$149,200
    2016$8,418 +2.6%$149,200
    2015$8,207 +2.1%$149,200
    2014$8,040 +2.7%$149,200
    2013$7,826 +2%$149,200
    2012$7,673 +0.4%$149,200
    2011$7,647 -11.9%$149,200 -3.5%
    2010$8,680 +3.9%$154,600 -15%
    2009$8,356 $181,900
    2008-- $181,900
    2007-- $181,900
    2006-- $181,900
    2005-- $181,900
    2004$6,476 $181,900
    2003-- $181,900
    Find assessor info on the county website

    Neighborhood: 08840

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $615,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $615,600