NOT LISTED FOR SALE

1028 High Mountain Rd Franklin Lakes, NJ 07417

Estimated Value: $1,562,000 - $1,932,000

-- Bed
-- Bath
4,908 Sq Ft
$370/Sq Ft Est. Value

About This Home

This home is located at 1028 High Mountain Rd, Franklin Lakes, NJ 07417 and is currently estimated at $1,816,517, approximately $370 per square foot. 1028 High Mountain Rd is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Indian Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Alchas and Christina
Bought by
George Alchas Irrevocable Trust and James Alchas Irrevocable Trust
Current Estimated Value
$2,005,191

Purchase Details

Closed on
Jul 16, 2004
Sold by
Lovecchio Larry
Bought by
Alchas Paul and Alchas Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.28%

Purchase Details

Closed on
Jul 23, 2002
Sold by
Turi Leonard P
Bought by
Lovecchio Larry A and Lovecchio Lori T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.04%

Purchase Details

Closed on
Aug 10, 2000
Sold by
Magid Rowena M
Bought by
Turi Leonard P and Lovecchio Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
George Alchas Irrevocable Trust -- None Listed On Document
Alchas Paul $1,550,000 --
Lovecchio Larry A $900,000 --
Turi Leonard P $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alchas Paul $450,000
Previous Owner Lovecchio Larry A $700,000
Previous Owner Turi Leonard P $472,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,987 $1,224,200 $471,600 $752,600
2024 $21,179 $1,224,200 $471,600 $752,600
2023 $20,640 $1,224,200 $471,600 $752,600
2022 $20,640 $1,224,200 $471,600 $752,600
2021 $20,346 $1,224,200 $471,600 $752,600
2020 $21,554 $1,307,900 $471,600 $836,300
2019 $21,476 $1,307,900 $471,600 $836,300
2018 $21,253 $1,307,900 $471,600 $836,300
2017 $21,397 $1,307,900 $471,600 $836,300
2016 $21,463 $1,307,900 $471,600 $836,300
2015 $20,913 $1,307,900 $471,600 $836,300
2014 $20,560 $1,307,900 $471,600 $836,300
Source: Public Records

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