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Backup Offers

542 Lantern Way, Franklinville, NJ, 08322

$475,000

Home List Price

$5,641*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,223 SqFt
$214/SqFt
House
Schools Nearby

Location

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542 Lantern Way, Franklinville$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Inside Access, Attached Garage, Driveway
Garage1 space
Year Built2002
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceWood
MLS #NJGL2041260
Lot Size1.02 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 542 Lantern Way

Welcome home to this 5 Bedroom home on a lovely cul-de-sac street. The main entry is from the covered front porch and into the large living room with large windows and open to both the dining room and kitchen all with 9 foot tall ceilings. The kitchen features stainless appliances including a new french door refrigerator, gas range, microwave and dishwasher and island. The kitchen is open to the family room with cathedral ceilings and a wood burning fireplace. Off the kitchen is access to the large 2-tier back deck overlooking the expansive back yard. The main level includes an addition with 2 large bedrooms providing loads of additional space and potential for a future main floor primary or in-law suite. The main level also includes laundry with access to the garage. Upstairs, you'll find the primary bedroom with cathedral ceiling, on-suite bath and walk-in-closet. 2 additional well-sized bedrooms and another full bath complete the 2nd floor. The basement is unfinished and features 9' ceilings throughout and offers plenty of space for store and potential for additional living space. The main level features new, durable laminate plank flooring throughout which is also in all bathrooms and the upstairs bedrooms have all been newly re-carpeted. A new septic system is in the works so that'll be worry free for you. Come check out your new home.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2002
  • Stories: 2
  • Living Area: 2,223 SqFt

Listing Office:

  • Office Name: Tesla Realty Group LLC
  • Office Phone: (844) 837-5274
  • Listing Agent: Daniel R Bosak

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Laminate Plank, Carpet
  • Fireplace: Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage Door Opener, Inside Access, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 1.02 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Delsea Regional High School, Public District Grades 9-12
  • Delsea Regional Middle School, Public District Grades 7-8
  • Caroline L. Reutter School, Public District Grades 5-6
  • Main Road School, Public District Grades 3-4

Other

Directions Information:

  • Directions: Delsea Drive to Pennsylvania Left on Lantern House on Right

Municipality:

  • Franklin Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $214/SqFt

Tax Information:

  • Annual Amount: $8,461
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Franklinville, NJ.

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Franklinville, NJ

City

Med. Sold Price

$315K

Med. Price/SqFt

$196

Avg. Days On Market

22

# of Sold Homes

4

542 Lantern Way vs Franklinville

22 DAYS ON ROCKET

-0 Day

$475,000

+$160K More

$214/SqFt

+$18 More

KEY TAKEAWAY

This property is $160K more than the Median Sold Price and $18/SqFt more than other homes in Franklinville, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJGL2041260

Listing Office:

  • Office Name: Tesla Realty Group LLC
  • Office Phone: (844) 837-5274
  • Listing Agent: Daniel R Bosak

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 1:20:44 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 10, 2002Home Sold
$165,240

Tax History

YEARPROP. TAXASSESSMENT
2020$8,461$239,000
2019$8,149$239,000
2018$8,150$239,000
2017$7,997$239,000

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5350036
4
/10

  • Main Road School

  • 1452 Main Rd

  • 4.29 miles

  • Public District Grades 3-4

Middle School

school-card-donut-5350037
2
/10

  • Delsea Regional Middle School

  • Fries Mill Rd

  • 0.94 miles

  • Public District Grades 7-8

school-card-donut-5350038
3
/10

  • Caroline L. Reutter School

  • 2150 Delsea Dr

  • 1.28 miles

  • Public District Grades 5-6

High School

school-card-donut-5350039
4
/10

  • Delsea Regional High School

  • Fries Mill Rd

  • 0.94 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,776. Residents of Franklinville, NJ typically earn between $35k-100k each year. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 542 Lantern Way

What is the listing price of this property?

The listing price of 542 Lantern Way property is $475,000.

What type of property is this?

The property 542 Lantern Way is a house located in Franklinville, New Jersey, 08322.

Is this property for sale now?

Accepting Backup Offers: 542 Lantern Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 542 Lantern Way are:
Main Road School: GreatSchools Rating 4/10
Delsea Regional Middle School: GreatSchools Rating 2/10
Caroline L. Reutter School: GreatSchools Rating 3/10
Delsea Regional High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,461 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 10, 2002 for $165,240. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 542 Lantern Way has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 542 Lantern Way is 2,223 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 542 Lantern Way is 2002.

Rocket Homes›New Jersey›Gloucester County›Franklinville›08322›542 Lantern Way

This home is located at 542 Lantern Way in Franklinville, NJ and zip code 08322. This 2,223 square foot home, which was built in 2002, sits on a 1.02 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $475,000.

In April 2024 more than 1 listings in Franklinville, NJ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. The inventory of homes for sale in Franklinville, NJ between March 2024 and April 2024 increased by 9.1%. Listings spent 22 days on the market in April 2024, and had a median list price of $315,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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