NOT LISTED FOR SALE

116 Delaware Ln Franklin Lakes, NJ 07417

Estimated Value: $1,622,000 - $1,938,000

5 Beds
4.5 Baths
4,350 Sq Ft
$419/Sq Ft Est. Value

Last Sold September 01, 2021

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

Est. 26% increase in value since last sale

Current estimated payment $11,397/month

15 Days on Market

Highlights

  • Home Theater
  • Colonial Architecture
  • Recreation Room
  • High Mountain Road Elementary School Rated A-
  • Deck
  • Marble Flooring

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, 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 grand in scale, high in function and A+ in gorgeousness w/Wolf, SubZero & Miele. The GR will be another go-to space w/ access to a PERFECT screened porch-guaranteed to be the summer's fav spot. Multiple doors access the deck and yard, fenced w/fire gardens plus 3 acres of woodlands behind! Serenity! LL has rec/media, BR w/egress, full bth and 3 car gar.

Last Agent to Sell the Property

Mary Premtaj

COMPASS NEW JERSEY LLC Listed on: 05/12/2021

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,986

Year Built

  • Built in 1988

Lot Details

  • 0.66 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Additional Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Clapboard
  • Tile

Interior Spaces

  • 4,350 Sq Ft Home
  • Mud Room
  • Great Room with Fireplace
  • Home Theater
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • High Mtn Elementary School
  • Franklin Middle School
  • Ramapo High School

Utilities

  • Central Air
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Association fees include maintenance-common area

Listing and Financial Details

  • Assessor Parcel Number 1120-03207-0000-00017-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,986

Year Built

Built in 1988

Lot Details

0

HOA Fees

$10 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1988
  • Year Built Description: Approximate
  • County Name: Bergen
  • Street Number Display: 116
  • Directions: Franklin Lake Road to Vee Drive to Delaware Lanee
  • I D: 5071149
  • Modified: 2022-09-02
  • Number Images: 18
  • First Name: MARY
  • First Name3: UNKNOWN
  • Last Name: PREMTAJ
  • Last Name3: AGENT
  • Office Phone: 551-284-0175
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Central Vacuum, CookGas, Dryer, Refrigerator, OvnWGas, Washer
  • Number Rooms: 10
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Media Room, MudRoom, Rec Room, Storage Room, Utility Room, Workshop
  • Dining Room Level: First
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 3: Screened Patio/Porch
  • Other Room3 Level: First
  • Estimated Sq Ft: 4350
  • Phone: 201-574-1001

Exterior Features

  • Exterior Description: Brick, Clapboard
  • Exterior Features: Deck, Enclosed Porch(es), Metal Fence, Underground Lawn Sprinkler, Wood Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Additional Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Private, Septic 5+ Bedroom Town Verified
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 125
  • Association Maintenance Fee Frequency: Annually
  • Association Maintenance Fee Includes: Maintenance-Common Area

Schools

  • Elementary School: HIGH MTN
  • Middle School: FRANKLIN
  • High School: RAMAPO
  • High School: RAMAPO
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: .66 AC
  • Assessed Improvement Value: 670300
  • Assessed Land Value: 481800
  • Assessment: 1152100
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 17
  • Lot I D Tax: *
  • Total Acres: 0.66

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 18986
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-03207-0000-00017-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.648
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: HIGH MTN

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
List Price
$1,385,000
Sold Price
$1,450,000
Premium/Discount to List
$65,000
4.69%
Current Estimated Value
$1,822,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,527
Avg. Annual Appreciation
5.75%
Original Mortgage
$1,000,000
Outstanding Balance
$908,567
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$913,960

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

Range of Values:

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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
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 $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: Garden State 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
2025 $20,692 $1,152,100 $481,800 $670,300
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

    (201) 410-8022

    50 in this area

    126 Total Sales

    Mary Premtaj
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3711848

Garden State 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 $1,822,527, approximately $418 per square foot. This property was built in 1988. 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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