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143 Sapphire Ln, Franklin Park, NJ, 08823

2beds
2baths
1,098sqft
$344,900
$314price/sqft
$2,615/moest. monthly cost
$104,600/yrincome needed

About This Home

Welcome to this beautifully maintained first floor 2-bedroom, 2-bathroom condo in the sought-after Beacon Hill community of Somerset! This move in ready home features an open-concept layout with hardwood floors throughout the main living areas, spacious bedrooms with generous closet space, a bright kitchen with ample cabinetry and counter space, and the convenience of in-unit laundry. Enjoy outstanding community amenities, including an outdoor pool, tennis courts, and beautifully maintained grounds. Conveniently located just minutes from major highways, shopping, dining, and public transportation, this home is an excellent choice for commuters, first-time buyers, downsizers, or investors. Don't miss your opportunity to own in one of Somerset's most desirable communities schedule your private showing today!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

6/10
4/10
Sampson G Smith SchoolGrades 6-84.5 mi
3/10
Franklin Twp High SchoolGrades 9-125.8 mi

Construction

Condition

  • Year built: 1990

Materials

  • Roof: Asphalt

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: See Remarks,Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Formal Dining Room

Features

  • Entrance Foyer,2 Bedrooms,Kitchen,Living Room,Bath Main,Bath Other,Dining Room,None
  • Flooring: Carpet,Wood

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: A/C Central - Some

Interior Area

  • Total structure area: 1,098
  • Total interior livable area: 1,098 sqft

Kitchen

  • Features: Not Eat-in Kitchen, Separate Dining Area

Property

Details

  • Parcel number: 0800034090005902C5015
  • Zoning: CR

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch,Patio,Enclosed
  • Exterior features: Open Porch(es),Patio,Enclosed Porch(es)

Lot

  • Lot size: 679.54 sqft
  • Features: See Remarks
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: See Remarks
  • Has uncovered spaces: Yes

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 $1,744$20,928
Home Insurance *$150$1,800
Property Taxes $528$6,336
Electricity $193$2,318
Total$2,615$31,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,657/yr
40% on housing$78,450/yr
45% on housing$69,733/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

$314This listing

vs Other Active Listings

Avg $/sqft

ZIP 08823$249
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)

Price History

DateEventPrice
2026-08-10Pending sale$344,900
2026-08-10Contingent$344,900
2026-07-30Listed for sale$344,900
2016-07-11Sold$165,000

For Sale by Agent

AgentMELISSA MORALES
BrokerageSIGNATURE REALTY NJ

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