$1,816,000 - $1,995,000
RENTED MAR 18, 2025

12 Silver Rock Way Franklin Lakes, NJ 07417

3 Beds
5 Baths
3,377 Sq Ft
$563 Price per Sq Ft

Last Sold January 31, 2023

Last sale price $1,550,000 $459 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $12,446/month

About This Home

As of January 2023

Experience the height of luxury living at The Reserve in Franklin Lakes. This magnificent and well-appointed Ashton end unit will take your breath away. Double height entry, first floor primary suite, outdoor living space and full finished basement are only a few of the incredible features of this unit. Add to that the community amenities including an in-ground heated pool, tennis court exercise room and clubhouse, and you have an incredible place to call home. Unit available March 1st. 2025. One year lease required. Subject to board approval.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Jan 21, 2023
Sold by
Cortright Robert S and Cortright Eileen
Bought by
Newman Joint Revocable Trust
Seller's Agent
JANETTE SCHWEIKER
COLDWELL BANKER REALTY SRV
Buyer's Agent
Vanessa Krumholtz
PROMINENT PROPERTIES SIR
List Price
$1,450,000
Sold Price
$1,550,000
Premium/Discount to List
$100,000
6.9%
Views
124
Current Estimated Value
$1,901,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,744
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Jun 20, 2022
Sold by
Toll Nj Xii Lp
Bought by
Toll Nj Xii Lp

Purchase Details

Closed on
Oct 14, 2021
Sold by
Toll Nj Xii Lp
Bought by
Given Not

Purchase Details

Listed on
Mar 14, 2021
Closed on
Jul 8, 2021
Sold by
Toll Nj Xii Lp
Bought by
Cortright Robert S and Cortright Eileen
Seller's Agent
Patricia Pollio
Toll Brothers Real Estate, Inc
Buyer's Agent
Outside Agent
Outside Office
List Price
$1,615,418
Sold Price
$1,615,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Newman Joint Revocable Trust $1,550,000 --
Toll Nj Xii Lp -- Li Christine F
Given Not -- None Listed On Document
Cortright Robert S $1,615,418 Titlemark Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Rented -- -- --
01/30/2025 01/30/25 Price Changed $9,500 -3.1% --
01/06/2025 01/06/25 For Rent $9,800 0.0% --
11/21/2024 11/21/24 For Rent $9,800 0.0% --
01/31/2023 01/31/23 Sold $1,550,000 +6.9% --
12/19/2022 12/19/22 For Sale $1,450,000 -10.2% --
08/01/2021 08/01/21 Sold $1,615,418 -0.9% --
04/28/2021 04/28/21 Pending -- -- --
04/09/2021 04/09/21 Price Changed $1,630,418 +0.9% --
03/14/2021 03/14/21 For Sale $1,615,418 -- --

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 $21,853 $1,263,200 $250,000 $1,013,200
2023 $21,298 $1,263,200 $250,000 $1,013,200
2022 $21,298 $1,263,200 $250,000 $1,013,200
2021 $4,155 $250,000 $250,000 $0
2020 $4,120 $250,000 $250,000 $0
2019 $4,105 $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

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