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For sale
  • $625,000

    31 Franklin School Way, Metuchen, NJ 08840

    2beds
    1,390sqft
    : 
    $4,513/mo
    Get pre-qualified
    Condominium
    Built in 2001
    -- sqft lot
    $617,800 Zestimate®
    $450/sqft
    $-- HOA

    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.
    5 days
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    668
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    32
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    Zillow last checked:

    Listing updated:

    Listed by:

    HUNGJUNG TSAI,

    RE/MAX COMPETITIVE EDGE 732-548-5555

    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
      Video & virtual tour

      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: $450/sqft
      • Tax assessed value: $149,200
      • Annual tax amount: $10,824
      • Date on market: 8/11/2026
      • Ownership: Condominium
      • Electric utility on property: Yes

        Estimated market value

        $617,800

        $587,000 - $649,000

        $2,774/mo

        Price history

        DateEventPrice
        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

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 08840

        Getting around

        93 / 100
        Walker's Paradise
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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