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40 Daniel Dr, Franklin Park, NJ, 08823

2beds
3baths
1,224sqft
$385,000
$315price/sqft
$2,897/moest. monthly cost
$115,880/yrincome needed

About This Home

Well maintained 2 bedroom, 2.5 bath townhome offering comfort and convenience in this desirable community. This home features a spacious living and dining room combination, perfect for both everyday living and entertaining. The eat-in-kitchen provides ample space for casual meals. Upstairs you will find 2 generously sized bedrooms each with its own full bath for privacy and flexibility, 2 sep. closets in master bedroom along with the second floor laundry. Enjoy cozy evenings by the fireplace and outdoor space with a backyard patio, perfect for relaxing or entertaining. Additional highlights include a newer 2026 Water Heater. Residents enjoy community amenities including a pool, tennis courts, and playground. The exterior maintenance including the roof and siding are covered by the HOA, adding additional value and peace of mind. Conveniently located near shopping and dining, major highways, and public transportation. What a great opportunity to own in a sought-after Franklin Park location.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

6/10
4/10
Sampson G Smith SchoolGrades 6-84.2 mi
3/10
Franklin Twp High SchoolGrades 9-125.6 mi

Construction

Condition

  • Year built: 1986

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Dryer,Refrigerator,Washer,Gas Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls,Townhouse-Interior

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,224
  • Total interior livable area: 1,224 sqft

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 2708000340002000160003C0095
  • Attached to another structure: Yes

Features

  • Levels: Multi Floor Unit
  • Pool features: Association

Lot

  • Lot size dimensions: COMMON ELEMENTS

Parking

  • Parking features: Additional Parking,Assigned

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 $1,946$23,352
Home Insurance *$168$2,016
Property Taxes $590$7,080
Electricity $193$2,318
Total$2,897$34,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,325/yr
40% on housing$86,910/yr
45% on housing$77,253/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

$315This 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
2026-06-07Price change$385,000
2026-04-16Listed for sale$400,000

For Sale by Agent

AgentCarol Feretich
BrokerageDitommaso Real Estate

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