NOT LISTED FOR SALE

177 Breakneck Rd Franklin Lakes, NJ 07417

Estimated Value: $2,125,000 - $2,844,000

6 Beds
9 Baths
7,485 Sq Ft
$335/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $1,900,000 $254 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $16,328/month

46 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Custom Home
  • Family Room with Fireplace
  • Colonial Road School Rated A-
  • 2.02 Acre Lot
  • Recreation Room

About This Home

As of February 2022

INCREDIBLE VALUE!!! Elegance meets the art of fine living in this breathtaking custom Colonial. Stately set upon 2+ private acres in coveted Franklin Lakes, this immaculate/gated residence offers 4 sprawling floors of pristine living space. Built in 2006, the home blends today's finest finishings with a charm & allure rarely seen today. Offering 7400+ sq. ft. of living-space & adorned with exquisite millwork throughout, the home also boasts an open layout perfect for both living & entertaining, a palatial master suite incl. master retreat/his & her baths/ & private balcony, a fully finished 3rd floor w/ full bath, a stunning cherry office & so much more. The setting, great school system & convenient access to highways/shopping/dining & NYC truly make this home one of a kind. Schedule your private tour today

Last Agent to Sell the Property

William Boswell

KELLER WILLIAMS PROSPERITY REALTY Listed on: 09/14/2021

KELLER WILLIAMS PROSPERITY REALTY

Co-Listed By

Ronald Aiosa

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

William Boswell

KELLER WILLIAMS PROSPERITY REALTY Listed on: 09/14/2021

KELLER WILLIAMS PROSPERITY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,488

Year Built

  • Built in 2006

Lot Details

  • 2.02 Acre Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Colonial Architecture
  • Composition Shingle Roof
  • Stone Siding
  • Clapboard

Interior Spaces

  • Wet Bar
  • Thermal Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Standard Electricity
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 1120-01104-0000-00019-0002-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,488

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2006
  • Year Built Description: Approximate
  • County Name: Bergen
  • Street Number Display: 177
  • Directions: Franklin Lakes Rd or Long Hill Rd to Breakneck Rd
  • I D: 5102765
  • Modified: 2023-02-09
  • Number Images: 25
  • First Name: WILLIAM
  • First Name2: RONALD
  • First Name3: WILLIAM
  • First Name4: RONALD
  • Last Name: BOSWELL
  • Last Name2: AIOSA
  • Last Name3: BOSWELL
  • Last Name4: AIOSA
  • Office Phone: 973-696-0077
  • Office Phone2: 973-696-0077
  • Office Phone3: 973-696-0077
  • Office Phone4: 973-696-0077
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Wood
  • Fireplace Description: Bedroom 1, Family Room, Library, Living Room
  • Number of Fireplaces: 4
  • Appliances: Central Vacuum, Dishwasher, Range/Oven-Gas, Self Cleaning Oven, Trash Compactor, OvnWGas
  • Interior Amenities: Bar-Wet, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 14
  • Bedrooms: 6
  • Master Bedroom Desc: Fireplace, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 7.20
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Exercise Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Great Room
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Other Room2 Level: Second
  • Level 1 Rooms: Bath(s) Other
  • Level 2 Rooms: Breakfast Room, Dining Room, Foyer, Great Room, Kitchen, Living Room, Office, Pantry, Powder Room
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Family Room
  • Phone: 973-696-0077

Exterior Features

  • Exterior Description: Clapboard, Stone
  • Exterior Features: Patio, Storm Door(s), Storm Window(s), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Heat Pump, Multi-Zone
  • Sewer: Septic
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Lot Size: 2.02 AC.
  • Assessed Improvement Value: 1147000
  • Assessed Land Value: 703000
  • Assessment: 1850000
  • Easement: Unknown
  • Lot Identifier: 19.02
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.02

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 30488
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-01104-0000-00019-0002-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.648
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Feb 7, 2022
Sold by
Condon and Margaret
Bought by
Verbay Murat and Verbay Serviye
Seller's Agent
William Boswell
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
William Boswell
KELLER WILLIAMS PROSPERITY REALTY
List Price
$1,999,900
Sold Price
$1,900,000
Premium/Discount to List
-$99,900
-5%
Current Estimated Value
$2,507,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607,823
Avg. Annual Appreciation
7.03%
Original Mortgage
$1,500,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
Gallo Robert F and Gallo Nancy A
Bought by
Condon Edward and Margaret Condon
Source: Public Records

Range of Values:

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Average Value
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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
Verbay Murat $1,900,000 American Land Title
Condon Edward $2,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verbay Murat $1,500,000
Previous Owner Condon Edward $340,000
Previous Owner Condon Edward $500,000
Previous Owner Condon Edward F $250,000
Previous Owner Condon Edward F $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $1,900,000 -5.0% $254 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $1,999,900 -- $267 / 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 $33,226 $1,850,000 $703,000 $1,147,000
2024 $32,005 $1,850,000 $703,000 $1,147,000
2023 $31,191 $1,850,000 $703,000 $1,147,000
2022 $31,191 $1,850,000 $703,000 $1,147,000
2021 $30,747 $1,850,000 $703,000 $1,147,000
2020 $30,488 $1,850,000 $703,000 $1,147,000
2019 $34,569 $2,105,300 $703,000 $1,402,300
2018 $34,211 $2,105,300 $703,000 $1,402,300
2017 $34,443 $2,105,300 $703,000 $1,402,300
2016 $34,548 $2,105,300 $703,000 $1,402,300
2015 $33,664 $2,105,300 $703,000 $1,402,300
2014 $33,095 $2,105,300 $703,000 $1,402,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3740519

Garden State MLS

APN: 20-01104-0000-00019-02