RENTED MAR 18, 2025

12 Silver Rock Way Franklin Lakes, NJ 07417

Estimated Value: $1,917,147 - $2,054,000

3 Beds
5 Baths
-- Sq Ft
2021 Built

Last Sold January 31, 2023

Last sale price $1,550,000

Est. 29% increase in value since last sale

Current estimated payment $12,459/month

Highlights

  • Multiple Fireplaces
  • Community Pool
  • En-Suite Primary Bedroom
  • High Mountain Road Elementary School Rated A-
  • Tennis Courts
  • Forced Air Heating System

About This Home

As of March 2025

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.

Last Agent to Rent the Property

Vanessa Krumholtz

Prominent Properties Sotheby's International Realty-Ridgewood Listed on: 01/06/2025

Prominent Properties Sotheby's International Realty-Ridgewood

Last Renter's Agent

Jerry DeCrosta

Special Properties, Division Brook Hollow Group, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,687

Year Built

  • 2021

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$22,687

Year Built

2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Refrigerator, Washer/Dryer
  • Reso Association Amenities: Common Area, Fitness Center, Play Area, Pool Outdoor, Tennis Court(s)
  • Reso Pets Allowed: Pets Conditional
  • Co List Office Phone: 201-639-5555
  • MLS Status: Leased - Leased
  • Directions: Northwood to Pebble to Silver Rock
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: 2020's
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 2021

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Cooling: Gas, Zoned
  • Heating: Natural Gas, Hot Air, Zoned

Lot Info

  • Lot: 00001

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
$2,005,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,037
Avg. Annual Appreciation
9.63%

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

Closed on
Jul 8, 2021
Sold by
Toll Nj Xii Lp
Bought by
Cortright Robert S and Cortright Eileen
Source: Public Records

Range of Values:

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% --
01/31/2023 01/31/23 Sold $1,550,000 +6.9% -- View Prior Sale
12/19/2022 12/19/22 For Sale $1,450,000 -- --
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
2025 $22,687 $1,263,200 $250,000 $1,013,200
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

  • Vanessa Krumholtz

    Landlord's Agent in 2025

    Vanessa Krumholtz

    Prominent Properties Sotheby's International Realty-Ridgewood

    (201) 468-7219

    3 in this area

    36 Total Sales

    Vanessa Krumholtz
    Section Image
  • Jerry DeCrosta

    Tenant's Agent in 2025

    Jerry DeCrosta

    Special Properties, Division Brook Hollow Group, Inc.

    (201) 819-5860

    1 in this area

    19 Total Sales

    Jerry DeCrosta
    Section Image

  • J

    Seller's Agent in 2023

    JANETTE SCHWEIKER

    COLDWELL BANKER REALTY SRV

See All Agents

Map

Source: New Jersey MLS

MLS Number: 25000583

New Jersey MLS

APN: 20-03405-0000-00001-0000-C0132

New Jersey Bergen County Franklin Lakes 07417

12 Silver Rock Way, Franklin Lakes, NJ

Not Listed for Sale

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