NOT LISTED FOR SALE

116 Delaware Ln Franklin Lakes, NJ 07417

Estimated Value: $1,556,000 - $1,953,000

5 Beds
4.5 Baths
4,350 Sq Ft
$406/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $1,450,000 $333 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,924/month

15 Days on Market

Highlights

  • Views to the East
  • Colonial Architecture
  • Cul-De-Sac
  • High Mountain Road Elementary School Rated A-
  • Property is near a park
  • Skylights

About This Home

As of September 2021

116 Delaware boasts approx 4400 sf, 5 beds, 5 baths and add'l 1500 sf finished lower level space. This classic gem offers a perfect balance of beauty and practicality, where various spaces can accommodate the demands of today's lifestyle. Find a formal LR and Sun Rm combo that function equally well as two home offices or a grand in-law suite with full bath. Walls of windows in this space offer breathtaking views of an exceptionally private property. At the heart of it all, find a stunning kit designed and installed by Ridgewood's finest; Hammer & Nail. Grand in scale, high in function and an A+ in gorgeousness w/Wolf, SubZero & Miele. The GR will be another go-to space with impressive ceiling, gas fpl and access to a PERFECT screened porch-guaranteed to be the summer's fav spot. Multiple doors across the back access the deck and yard, fenced w/firepit, gardens plus 3 acres of woodlands behind. Serenity! LL has rec/media, BR w/egress, full bth and 3 car gar. Truly a must-see!

Last Agent to Sell the Property

Mary Premtaj

Compass New Jersey, LLC-Ridgewood Listed on: 05/12/2021

Compass New Jersey, LLC-Ridgewood

Last Buyer's Agent

Sophia Meneve

Prominent Properties Sotheby's International Realty-Saddle River

Prominent Properties Sotheby's International Realty-Saddle River

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,986

Lot Details

  • 0.66 Acre Lot
  • Cul-De-Sac
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Built in the 1990s
  • Colonial Architecture
  • Brick Exterior Construction
  • Clapboard

Interior Spaces

  • Central Vacuum
  • Skylights
  • Gas Fireplace
  • Views to the East
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Attached Garage
  • Garage Door Opener

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 022003207 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,986

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: Cntr Stairwl
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family
  • Miscellaneous: Central Vac, Hdwd As In, Skylights, Sprinklers, Strms/Scrns, WW/Carpet As In
  • Views/Exposure: East
  • Year Built: 1990's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 10
  • Fireplace: 1 Fireplace, Gas
  • Bedrooms: 5
  • Total Bathrooms: 4.10
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Partial Bathroom: 1
  • Basement: Finished, Full
  • Basement: rec rm, media area/ping pong,br,full bth,mud rm,garage,storage,util
  • Items Not Included: mirror in powder room, personal belongings
  • Items Included: W/D, window trmts, lighting

Exterior Features

  • Exterior: Brick, Clapboard
  • Waterfront: None

Garage/Parking

  • Garage: Attached, Gar Opener

Utilities

  • Heating: Baseboard, Gas, Multi-Zone
  • Sewer: Septic
  • Water Source: Municipal
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: Annual Fee

Schools

  • Elementary School: High Mountain Rd E.S
  • Middle School: Franklin Ave M.S.
  • High School: Ramapo/Indian Hills

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00017
  • Lot Description: Cul-de-sac, Regular
  • Estimated Lot Sq Ft: 28706

Tax Info

  • Tax: 18986
  • Assessor Parcel Number: 022003207 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Aug 27, 2021
Sold by
Miller Jonathan and Miller Susan
Bought by
Panagiotopoulos Georgios K and Panagiotopoulos Alexandra
Seller's Agent
Mary Premtaj
Compass New Jersey, LLC-Ridgewood
Buyer's Agent
Sophia Meneve
Prominent Properties Sotheby's International Realty-Saddle River
List Price
$1,385,000
Sold Price
$1,450,000
Premium/Discount to List
$65,000
4.69%
Current Estimated Value
$1,669,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,138
Avg. Annual Appreciation
5.30%
Original Mortgage
$1,000,000
Outstanding Balance
$918,558
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$846,695

Purchase Details

Closed on
May 30, 2001
Sold by
Fry Darryl D
Bought by
Miller Jonathan and Miller Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
7.21%
Source: Public Records

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Range of Values:

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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
Panagiotopoulos Georgios K $1,450,000 Monarch Title Agency Inc
Miller Jonathan $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panagiotopoulos Georgios K $1,000,000
Previous Owner Miller Jonathan $504,100
Previous Owner Miller Jonathan $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $1,450,000 +4.7% $333 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $1,385,000 -- $318 / Sq Ft
Source: New Jersey MLS

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
2024 $19,931 $1,152,100 $481,800 $670,300
2023 $19,424 $1,152,100 $481,800 $670,300
2022 $19,424 $1,152,100 $481,800 $670,300
2021 $18,917 $1,152,100 $481,800 $670,300
2020 $18,987 $1,152,100 $481,800 $670,300
2019 $18,917 $1,152,100 $481,800 $670,300
2018 $18,722 $1,152,100 $481,800 $670,300
2017 $18,848 $1,152,100 $481,800 $670,300
2016 $18,906 $1,152,100 $481,800 $670,300
2015 $18,422 $1,152,100 $481,800 $670,300
2014 $18,111 $1,152,100 $481,800 $670,300
Source: Public Records

Agents Affiliated with this Home

  • Mary Premtaj

    Seller's Agent in 2021

    Mary Premtaj

    Compass New Jersey, LLC-Ridgewood

    (201) 410-8022

    71 in this area

    160 Total Sales

    Mary Premtaj
    Section Image
  • Sophia Meneve

    Buyer's Agent in 2021

    Sophia Meneve

    Prominent Properties Sotheby's International Realty-Saddle River

    (201) 394-7170

    2 in this area

    33 Total Sales

    Sophia Meneve
    Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 21018333

New Jersey MLS

APN: 20-03207-0000-00017

New Jersey Bergen County Franklin Lakes 07417

116 Delaware Ln, Franklin Lakes, NJ

This home is located at 116 Delaware Ln, Franklin Lakes, NJ 07417 since 12 May 2021 and is currently estimated at $1,765,253, approximately $405 per square foot. 116 Delaware Ln is a home located in Bergen County with nearby schools including High Mountain Road Elementary School, Franklin Avenue Middle School, and Ramapo High School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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