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5 Pear Tree Ln, Franklin Park, NJ, 08823

2beds
3baths
0sqft
$389,900
--price/sqft
$2,931/moest. monthly cost
$117,240/yrincome needed

About This Home

Beautifully updated and move-in ready, this bright and inviting 2-bedroom, 2.5-bath townhouse is located in the highly sought-after Society Hill community. Freshly painted throughout, this home features a spacious living and dining room combination filled with natural light and enhanced by recessed lighting. The newer eat-in kitchen boasts granite countertops, newer appliances, and ample cabinetry, making it perfect for everyday living. Newer sliding doors lead to a large private deck, offering an ideal space for relaxing or outdoor enjoyment. Upstairs, both generously sized bedrooms feature updated en-suite bathrooms and customized closet organizers for maximum storage and convenience. Newer windows throughout the home enhance energy efficiency and bring in abundant natural light, while the second-floor laundry adds everyday convenience. Enjoy a low-maintenance lifestyle with outstanding community amenities including a clubhouse, in-ground pool, tennis courts, assigned parking, and ample guest parking. Conveniently located near shopping, schools, major highways, NYC bus service from Rt.27, NJ Transit, few minutes to Princeton and New Brunswick downtown, Princeton and Rutgers University, RWJ and St. Peter's Hospital. This home truly offers the perfect blend of comfort, updates, and commuter convenience. A rare opportunity to own a beautifully updated home in one of the area's most desirable communities!

Getting Around

33
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

6/10
4/10
Sampson G Smith SchoolGrades 6-84.0 mi
3/10
Franklin Twp High SchoolGrades 9-125.4 mi

Construction

Condition

  • Year built: 1987

Materials

  • Roof: Asphalt

Type & Style

  • Home type: Townhouse
  • Architectural style: Townhouse, Traditional, Two Story
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Range/Oven,Microwave,Refrigerator,Range,Washer,Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Living Dining Combo

Features

  • Entrance Foyer,Kitchen,Bath Half,Living Room,Dining Room,2 Bedrooms,Laundry Room,Bath Full,Bath Other,Storage,None
  • Flooring: Wood,See Remarks
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 0

Kitchen

  • Features: Granite/Corian Countertops, Eat-in Kitchen

Master Bedroom

  • Features: Full Bath

Property

Details

  • Parcel number: 0800034040000801C0015
  • Zoning: CR

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Outdoor Pool
  • Patio & porch: Deck
  • Exterior features: Deck

Lot

  • Lot size: 1,032 sqft
  • Features: Near Shopping,See Remarks,Level,Wooded
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: Additional Parking,Asphalt,Open,Assigned
  • 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 $1,971$23,652
Home Insurance *$170$2,040
Property Taxes $597$7,164
Electricity $193$2,318
Total$2,931$35,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$100,491/yr
40% on housing$87,930/yr
45% on housing$78,160/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$248
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
2026-07-26Listed for sale$389,900

For Sale by Agent

AgentBASANTI BHALODIA
BrokerageKELLER WILLIAMS ELITE REALTORS

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