$1,225,000
SOLD SEP 3, 2025

175 Edson Terrace Franklin Lakes, NJ 07417

4 Beds
3 Baths
2,528 Sq Ft
1.26 Acres

Recently Sold

$485 Per Sq Ft

6% Below List Price

40 Days on Market

Highlights

  • Multiple Fireplaces
  • Cul-De-Sac
  • En-Suite Primary Bedroom
  • Ramapo High School Rated A
  • Stairway
  • Central Air

About This Home

As of September 2025

NESTLED AT THE END OF A CUL DE SAC THIS BEAUTIFUL GEORGIAN STYLE 4BR, 3 FBA HOME IS SET ON 1.26 SERENE ACRES IN THE DESIRED TOWN OF FRANKLIN LAKES, CONSISTENTLY RANKED ANONG THE BEST TOWNS I THE UNITED STATES. ENTER THE SPACIOUS 2 STORY FOYER LEADING UP TO A LARGE LIVING ROOM WITH FIREPLACE, SLIDERS TO LARGE DECK AND OPEN TO BANQUET SIZED DINING ROOM GREAT FOR ENTERTAINING. THE UPDATED EAT IN KITCHEN IS LIGHT AND BRIGHT WITH GREAT CABINET AND COUNTER SPACE, DOWN THE HALL IS AN UPDATED FULL BATH, 2 NICE SIZED BEDROOMS, A MASTER BEDROOM W/SLIDING GLASS DOORS TO DECK AND A UPDATED MASTER BATH. THE GROUND LEVEL OFFERS A FAMILY ROOM WITH FIREPLACE, SLIDERS TO BACKYARD, BEDROOM, UPDATED FULL BATH, LAUNDRY AREA AND 2 CAR GARAGE. HUGE BACKYARD HAS A GREAT LAWN AREA TO ENTERTAIN OR TO RELAX LEADING TO A LOVELY STREAM AND WOODED AREA W/FOLIAGE, ALL CREATING A SERENE SETTING WITH PRIVACY. EXPANSIVE FRONTYARD AS WELL! A MUST SEE HOME!

Last Agent to Sell the Property

Sophia Meneve

Prominent Properties Sotheby's International Realty-Saddle River Listed on: 05/15/2025

Prominent Properties Sotheby's International Realty-Saddle River

Last Buyer's Agent

Stephen Braconi

Christie's International Real Estate Group-Franklin Lakes

Christie's International Real Estate Group-Franklin Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,023

Lot Details

  • 1.26 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Accessible Home Design

  • Stairway

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 4.05 / 1610

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Bi-Level
  • ResoLotFeatures: Cul-De-Sac
  • View Type:Pond View: None
  • Co List Office Phone: 201-825-3600
  • Outside Inclusions: TBD
  • MLS Status: Sold - Sold
  • Directions: Pulis Avenue to Edson Terrace
  • Reso Fireplace Features: 2 Fireplaces
  • Year Built Details: 1960's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: Traditnl
  • Power Production Ownership: Seller Owned
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: See Ground Level

Exterior Features

  • Pool Features: None
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: TBD
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas

Lot Info

  • Lot Dimensions: 1.26 Acres
  • Lot Size Sq Ft: 54886.0

Tax Info

  • Tax Annual Amount: 11023.0
  • Tax Block: 1610
  • Tax Lot: 4.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2009
Sold by
Petrie David and Petrie Victoria
Bought by
Meliti Michael P and Meliti Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Outstanding Balance
$330,938
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$975,648

Purchase Details

Closed on
Jun 10, 1998
Sold by
Westervelt Catherine
Bought by
Petrie Victoria and Petrie David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $591,000 --
Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,000 Purchase Money Mortgage
Previous Owner $170,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 Sold $1,225,000 -5.7% $485 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $1,299,000 -- $514 / 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
2025 $11,024 $613,800 $476,000 $137,800
2024 $10,619 $613,800 $476,000 $137,800
2023 $10,349 $613,800 $476,000 $137,800
2022 $10,349 $613,800 $476,000 $137,800
2021 $10,201 $613,800 $476,000 $137,800
2020 $10,115 $613,800 $476,000 $137,800
2019 $10,079 $613,800 $476,000 $137,800
2018 $9,974 $613,800 $476,000 $137,800
2017 $9,500 $580,700 $476,000 $104,700
2016 $9,529 $580,700 $476,000 $104,700
2015 $9,285 $580,700 $476,000 $104,700
2014 $9,129 $580,700 $476,000 $104,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25016306

New Jersey MLS

APN: 20-01610-0000-00004-05