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Sold for $724,900
  • $724,900

    54 Magellan Way, Franklin Park, NJ 08823

    3beds
    1,980sqft
    Single Family Residence
    Built in 1990
    6,534 Square Feet Lot
    $731,900 Zestimate®
    $366/sqft
    $3,673 Estimated rent

    Home value

    $731,900

    $673,000 - $798,000

    $3,673/mo

    Zestimate® history
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    $5,091/mo

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    What's special

    Located in the sought-after Nob Hill community, this beautifully maintained 3-bedroom, 2.5-bath Colonial offers 9-foot ceilings throughout, creating a bright and spacious feel. The first level features brand-new walnut flooring and a thoughtfully designed kitchen with quartz countertops, high-end cabinetry, skylights, a breakfast bar, and a separate dining area. The kitchen opens seamlessly to the cozy family room, where a wood-burning fireplace creates the perfect setting for winter evenings. In warmer months, step outside to fenced in yard, the brick-paver patio ideal for outdoor dining and entertaining. A generously sized living room, formal dining room, and conveniently located powder room complete the main level. Upstairs, hardwood floors extend through all three bedrooms, along with an renovated main bath and a dedicated laundry room. The primary suite is a peaceful retreat featuring cathedral ceilings, a walk-in closet, and an updated ensuite bath with skylight, double-sink vanity, and stall shower. The finished basement adds valuable living space with another family room and private office, while ample storage is available throughout the home, including numerous closets and storage room in basement. The large, fenced backyard offers a well-manicured lawn perfect for outdoor gatherings. Residents also enjoy access to a community pool and tennis courts. This exceptional home offers comfort, style, and modern amenities an opportunity not to be missed.

    Zillow last checked:

    Listing updated:

    Listed by:

    CHARANJEET KAUR,

    KELLER WILLIAMS ELITE REALTORS 732-549-1998

    Source: All Jersey MLS,MLS#: 2609128RMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Two Sinks, Full Bath, Walk-In Closet(s)
    Bathroom
    • Features: Stall Shower
    Dining room
    • Features: Formal Dining Room
    Kitchen
    • Features: Granite/Corian Countertops, Breakfast Bar, Separate Dining Area
    Basement
    • Area: 0
    Heating
    • Forced Air
    Cooling
    • Central Air, Ceiling Fan(s), Wall Unit(s), Window Unit(s)
    Appliances
    • Included: Self Cleaning Oven, Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Range, Washer, Gas Water Heater
    Features
    • Cathedral Ceiling(s), High Ceilings, Security System, Skylight, Vaulted Ceiling(s), Entrance Foyer, Kitchen, Bath Half, Living Room, Dining Room, Family Room, 3 Bedrooms, Bath Full, Bath Main, Attic, Storage
    • Flooring: Ceramic Tile, Wood
    • Windows: Skylight(s)
    • Basement: Full, Finished, Den, Recreation Room, Storage Space
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,980
    • Total interior livable area: 1,980 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Car Width, Garage, Built-In Garage, Garage Door Opener
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Stall Shower
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Porch, Patio, Enclosed
    • Exterior features: Barbecue, Open Porch(es), Curbs, Patio, Door(s)-Storm/Screen, Enclosed Porch(es), Fencing/Wall, Yard
    • Pool features: Outdoor Pool, In Ground
    • Fencing: Fencing/Wall
    • On waterfront: Yes
    • Waterfront features: Waterfront
    Lot
    • Size: 6,534 Square Feet
    • Features: Waterfront, Level
    Details
    • Parcel number: 08000200500101
    • Zoning: CR

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1990

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Sewer Charge, Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities, Cable Connected, Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Features: Outdoor Pool, Tennis Court(s), Curbs
    • Security: Security System
    HOA
    • Has HOA: Yes
    • Services included: Common Area Maintenance
    • Additional fee info: Maintenance Expense: $186 Quarterly
    Location
    • Region: Franklin Park

    Financial & listing details

    • Price per square foot: $366/sqft
    • Tax assessed value: $645,400
    • Annual tax amount: $10,111
    • Date on market: 1/16/2026
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/25/2026Sold$724,900$366/sqft
    Source: All Jersey MLS #2609128R Report a problem
    1/30/2026Pending sale$724,900$366/sqft
    Source: GSMLS #4003669 Report a problem
    1/30/2026Contingent$724,900$366/sqft
    Source: All Jersey MLS #2609128R Report a problem
    1/16/2026Listed for sale$724,900+1.4%$366/sqft
    Source: All Jersey MLS #2609128R Report a problem
    9/2/2025Listing removed$714,900$361/sqft
    Source: All Jersey MLS #2513809R Report a problem
    8/1/2025Listing removed$3,500$2/sqft
    Source: All Jersey MLS #2516178R Report a problem
    7/31/2025Contingent$714,900$361/sqft
    Source: All Jersey MLS #2513809R Report a problem
    7/8/2025Price change$714,900-1.4%$361/sqft
    Source: All Jersey MLS #2513809R Report a problem
    6/28/2025Listed for rent$3,500$2/sqft
    Source: All Jersey MLS #2516178R Report a problem
    5/18/2025Listed for sale$724,900$366/sqft
    Source: All Jersey MLS #2513809R Report a problem
    5/17/2025Listing removed$724,900$366/sqft
    Source: All Jersey MLS #2512773R Report a problem
    5/3/2025Listed for sale$724,900+5.2%$366/sqft
    Source: All Jersey MLS #2512773R Report a problem
    7/23/2024Listing removed--
    Source: GSMLS #3904617 Report a problem
    7/21/2024Pending sale$689,000$348/sqft
    Source: GSMLS #3904617 Report a problem
    6/19/2024Price change$689,000-1.6%$348/sqft
    Source: GSMLS #3904617 Report a problem
    5/30/2024Listed for sale$699,900+0.7%$353/sqft
    Source: GSMLS #3904617 Report a problem
    5/24/2024Listing removed--
    Source: All Jersey MLS #2411616R Report a problem
    5/17/2024Listed for sale$695,000$351/sqft
    Source: All Jersey MLS #2411616R Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,282 +15.1%$645,400 +15.1%
    2024$9,803 -0.2%$560,800 +9.8%
    2023$9,818 +3.3%$510,800 +6.2%
    2022$9,508 $480,800 +11.6%
    2021-- $430,800 +2.4%
    2020$9,395 +2.7%$420,800 +2.4%
    2019$9,145 $410,800 +3.8%
    2018$9,145 +2.6%$395,900 +2.6%
    2017$8,909 +1%$385,900 +1.3%
    2016$8,820 +1.8%$380,900 +0.3%
    2015$8,665 +1.1%$379,700 +0.3%
    2014$8,574 +3.3%$378,700 -0.3%
    2013$8,296 +4.6%$379,700
    2012$7,928 -0.7%$379,700
    2011$7,985 +7.7%$379,700 -3.8%
    2010$7,416 -18.3%$394,700
    2009$9,081 $394,700 -14.3%
    2008-- $460,500
    2007-- $460,500
    2006-- $460,500 +10.2%
    2005-- $417,800 +15.8%
    2004$3,405 $360,700 -0.1%
    2003-- $360,900 +12.5%
    2002-- $320,800 +24.2%
    2001-- $258,200
    Find assessor info on the county website

    Neighborhood: 08823

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $731,900
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    Estimated market value
    $731,900