1088 Franklin Lake Rd Franklin Lakes, NJ 07417
Estimated Value: $1,236,000 - $1,526,000
4
Beds
4
Baths
3,494
Sq Ft
$404/Sq Ft
Est. Value
About This Home
This home is located at 1088 Franklin Lake Rd, Franklin Lakes, NJ 07417 and is currently estimated at $1,412,325, approximately $404 per square foot. 1088 Franklin Lake 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
Aug 30, 2019
Sold by
Faraj Mazen and Faraj Nour
Bought by
Faraj Mazen and Naraj Nour
Current Estimated Value
Purchase Details
Closed on
Aug 15, 2017
Sold by
Est Isgro Salvatore and Isgro Ex Stella
Bought by
Faraj Mazen and Faraj Nour
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 6, 1995
Sold by
Salvati Vincent
Bought by
Isgro Salvatore and Isgro Stella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
7.44%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faraj Mazen | -- | Misc Company | |
| Faraj Mazen | $813,000 | -- | |
| Isgro Salvatore | $442,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Faraj Mazen | $600,000 | |
| Previous Owner | Isgro Salvatore | $354,000 |
Source: Public Records
Tax History Compared to Growth
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 | $15,266 | $850,000 | $441,000 | $409,000 |
| 2024 | $14,705 | $850,000 | $441,000 | $409,000 |
| 2023 | $14,331 | $850,000 | $441,000 | $409,000 |
| 2022 | $14,331 | $850,000 | $441,000 | $409,000 |
| 2021 | $14,127 | $850,000 | $441,000 | $409,000 |
| 2020 | $14,008 | $850,000 | $441,000 | $409,000 |
| 2019 | $13,957 | $850,000 | $441,000 | $409,000 |
| 2018 | $14,961 | $920,700 | $441,000 | $479,700 |
| 2017 | $15,063 | $920,700 | $441,000 | $479,700 |
| 2016 | $15,109 | $920,700 | $441,000 | $479,700 |
| 2015 | $14,722 | $920,700 | $441,000 | $479,700 |
| 2014 | $14,473 | $920,700 | $441,000 | $479,700 |
Source: Public Records
Map
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