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20-613 Delar Pky, Franklin Park, NJ, 08823

1beds
1baths
--sqft
$228,000
--price/sqft
$1,764/moest. monthly cost
$70,560/yrincome needed

About This Home

Welcome to this bright and inviting 1-bedroom, 1-bath condo, offering the perfect blend of comfort and convenience. Featuring an open floor plan and abundant natural light, this home feels spacious and welcoming from the moment you walk in.Whether you're a first-time homebuyer looking for the perfect starter home or an investor seeking a great opportunity, this condo checks all the boxes. The previous tenant was paying $1,800 per month, making it an attractive investment property with proven rental income potential.Enjoy the ease of low-maintenance living in a location that's hard to beat. Conveniently situated just off Route 27, this condo offers easy access to public transportation, urgent care facilities, shopping, restaurants, and a variety of everyday conveniences. Everything you need is just minutes away, making this an ideal place to call home or add to your investment portfolio.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

6/10
4/10
Sampson G Smith SchoolGrades 6-84.3 mi
3/10
Franklin Twp High SchoolGrades 9-125.7 mi

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Kitchen Exhaust Fan,Range/Oven-Gas,Refrigerator

Basement

  • Basement: None

Bedroom1

  • Level: Ground

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Ground

Family Room

  • Level: Ground

Features

  • Flooring: Laminate

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: 1 Unit,Wall Unit(s)

Kitchen

  • Features: Not Eat-In Kitchen

Property

Details

  • Parcel number: 2708000340005000520005C0613

Features

  • Levels: One,One Floor Unit
  • Stories: 1

Lot

  • Lot size dimensions: COMMON ELEMENTS

Parking

  • Total spaces: 1
  • Parking features: Assigned,Common
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,152$13,824
Home Insurance *$99$1,188
Property Taxes $320$3,840
Electricity $193$2,318
Total$1,764$21,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,480/yr
40% on housing$52,920/yr
45% on housing$47,040/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 08823$251
Somerset County$343

vs Homes Sold Last Month

Median $/sqft

ZIP 08823$281
Somerset County$348

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$228,000
2026-07-09Listed for sale$228,000
2023-05-22Sold$190,000
2023-03-10Listing removed--
2023-02-24Listed for rent$1,650
2014-04-08Listing removed$950
2014-02-05Listed for rent$950

For Sale by Agent

AgentAarti Walia
BrokerageKeller Williams Cornerstone

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