$7,360,000

1055 High Mountain Rd Franklin Lakes, NJ 07417

Estimated payment $50,237/month

Total Views 70,926
9 Beds
13 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Lake Front
  • Heated Indoor Pool
  • 283,576 Sq Ft lot
  • Colonial Road School Rated A-
  • River View
  • Multiple Fireplaces

About This Home

This elegant High Mountain Estate offers luxury, privacy, and tranquility minutes from NYC secluded on 6.5 acres, with manicured grounds & stunning acre of a koi fish lake, with fountains & bridge. Over 18,000 sq ft of luxurious living this Georgian Manor sits majestically overlooking the properties natural beauty, designed for maximum privacy with a double entrance & gates, featuring all year heated indoor pool with exercise jets, windowed fitness center, world-class lit tennis court, landscaped gardens, carriage house, gatehouse & 6 car heated garage with epoxy flooring. The classic architecture is notable by the custom millwork & coffered ceiling in the exquisite cherry library & throughout the estate. The Tuscan Style Kitchen opens to a two-story family ,dining area with 18' ceilings overlooking the pool and cabana. This one-of-a-kind estate is perfect for extended family, home office & separate private living quarters.

Listing Agent

Janet Evelich-Venetsanos

Christie's International Real Estate Group-Franklin Lakes Listed on: 09/15/2023

Christie's International Real Estate Group-Franklin Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,070

Lot Details

  • 6.51 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Rectangular Lot

Parking

  • 6 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • River Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated Indoor Pool
  • Gunite Pool

Schools

  • Franklin Ave Middle School
  • Ramapo/Indian Hills High School

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 00004 / 01311

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,070

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Regular
  • View Type:Pond View: River
  • Co List Office Phone: (201) 904-2085
  • Outside Inclusions: Top of the line full property generator
  • MLS Status: Active - Active
  • Directions: Summit to High Mountain Road or Clark Rd for entrance
  • Reso Fireplace Features: 4 Fireplaces, Gas
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Georgian
  • Power Production Ownership: Unknown
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 10
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Primary Bathroom: Yes
  • Basement Remarks: Windowed Gym, Library,/Game Rm, Wine Cellar, 2 Bedrooms, Full Bath, HB

Exterior Features

  • Pool Features: Gunite, Heated, Indoor
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: all chandeliers, dining room sconces , TBD
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas, Zoned, See Remarks, Radiant

Schools

  • High School: Ramapo/Indian Hills
  • Middle Or Junior School: Franklin Ave M.S.

Lot Info

  • Lot Dimensions: 6.5 ACRES
  • Lot Size Sq Ft: 283576.0

Tax Info

  • Tax Annual Amount: 115070.0
  • Tax Block: 01311
  • Tax Lot: 00004

MLS Schools

  • High School Text: Ramapo/Indian Hills

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $119,778 $6,923,600 $663,100 $6,260,500
2023 $116,732 $6,923,600 $663,100 $6,260,500
2022 $116,732 $6,923,600 $663,100 $6,260,500
2021 $115,070 $6,923,600 $663,100 $6,260,500
2020 $114,101 $6,923,600 $663,100 $6,260,500
2019 $113,686 $6,923,600 $663,100 $6,260,500
2018 $112,508 $6,923,600 $663,100 $6,260,500
2017 $113,270 $6,923,600 $663,100 $6,260,500
2016 $113,616 $6,923,600 $663,100 $6,260,500
2015 $110,708 $6,923,600 $663,100 $6,260,500
2014 $108,839 $6,923,600 $663,100 $6,260,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 For Sale $7,360,000 -- --
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $8,000,000 --
Deed $6,200,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Commercial
Open $2,532,000 New Conventional
Closed $1,500,000 New Conventional
Closed $500,000 Future Advance Clause Open End Mortgage
Closed $200,000 Future Advance Clause Open End Mortgage
Closed $1,665,478 Unknown
Closed $157,865 Unknown
Closed $1,190,000 Unknown
Closed $850,000 Unknown
Closed $600,000 New Conventional
Previous Owner $500,000 Unknown
Previous Owner $3,000,000 No Value Available
Closed $0 No Value Available
Source: Public Records

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    Section Image

Source: New Jersey MLS

MLS Number: 23028776

New Jersey MLS

APN: 20-01311-04-00004-01