Closed$464,900
TLC ≈ $3,978/mo
2 3 1,579 sqft
13 Ronald Drive, Franklin Twsp, NJ 08873
38 Cherrywood Drive, Franklin Twsp, NJ 08873
$445,000
2 beds 3 baths 1,445 sqft Built 198419 days on marketActive
About this home
Northeast-facing, bright and spacious 2-bedroom end-unit townhome featuring an open floor plan and abundant natural light throughout. A private patio with trellis walkway provides additional outdoor living space for relaxation and entertaining. Vaulted ceilings enhance the main living area, which includes an wood fireplace. The kitchen overlooks the dining area, creating a functional layout for everyday living. Each bedroom features an en-suite bathroom and generous closet space. A newer full-size washer and dryer (2023) are included. Exterior improvements completed by the HOA in 2023 include a new roof and siding. The current monthly HOA fee of $420. Conveniently located near major highways, shopping, healthcare facilities, and Rutgers University. Buyers are encouraged to verify all HOA fees, amenities, and community information.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.
Your estimated payment
$3,992/mo
- Real estate (PITI + HOA + PMI)
- $4,078
- Utilities
- $536
- Transportation
- $129
- Other (entertainment)
- $158
Principal + interest$2,018
Property tax + insurance$1,473
HOA$420
PMI / 2nd mortgage$167
Heating + cooling$106
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$129
Budget$5,000/mo
Remaining after TLC$1,008/mo
Purchase price
$445,000
Down payment
$22,250 (5%)
Loan amount
$422,750
APR
4%
Quick facts
Type
Townhouse, Condo/TH
Style
Townhouse, End Unit
Year built
1984
Lot size
0.0424 ac
Stories
2
Heating
Central, Forced Air
Cooling
Central Air
Water
Public
HOA
$420 / Monthly
Annual tax
$7,147
MLS #
2616034R
County
Somerset
At a glance
Air conditioning
Fireplace
Garage (1)
Dishwasher
Home features
Appliances
DishwasherDryerElectric Range/OvenMicrowaveRefrigeratorWasherGas Water Heater
Interior
SkylightKitchenLaundry RoomLibrary/OfficeBath HalfLiving RoomDining RoomFamily RoomUtility Room2 BedroomsBath FullNone
Exterior
Patio
Parking
1 Car WidthGarageAttachedGarage Door OpenerDrivewayOn Street
Patio & porch
Patio
Fireplace
Wood Burning
Kitchen
Granite/Corian CountertopsEat-in KitchenSeparate Dining Area
Dining
Formal Dining Room
Master bedroom
1st FloorTwo SinksFull BathWalk-In Closet(s)
Flooring
Carpet, Ceramic Tile
Roof
Asphalt
Sewer
Public Sewer
Ownership
Condominium
Lot features
Near Shopping, Near Train, Corner Lot
Neighborhood — 08873
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 39,923 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 14.00% | 14.00% | 20.00% |
| Population Density | 1,217 | 1,137 | — |
| Male | 19,252 | 4,307,827 | 147,432,321 |
| Female | 20,671 | 4,525,010 | 151,655,844 |
| Never Married | 9,389 | 1,965,811 | 63,775,926 |
| Married | 16,716 | 3,647,435 | 123,120,365 |
| Separated | 1,619 | 391,239 | 12,639,686 |
| Widowed | 2,239 | 515,172 | 15,467,586 |
| Divorced | 2,415 | 529,393 | 23,075,029 |
| Number Of House Hold | 14,858 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.62 | 2.73 | 2.60 |
| Medial Age | 37.61 | 37.15 | 35.46 |
| Median House Hold Income | $77,737 | $63,392 | $48,276 |
| Average House Hold Income | $84,348 | $83,312 | $63,629 |
| P C I | $32,104 | $30,662 | $24,529 |
| M D I | $62,455 | $52,505 | $41,133 |
| A T H E | $62,776 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 81.56% | 81.02% | 77.74% |
(Zip) Code
8873
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →Recently sold nearby
Listing information last refreshed 8/20/2026. Provided courtesy of RE/MAX OUR TOWN via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.