NOT LISTED FOR SALE

202 Franklin Farms Ct Franklin Lakes, NJ 07417

Estimated Value: $1,606,215 - $2,064,000

5 Beds
4 Baths
4,916 Sq Ft
$371/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $1,450,000 $295 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,228/month

14 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Attached Garage
  • Kitchen Island
  • Colonial Road School Rated A-
  • Eat-In Kitchen
  • Central Air

About This Home

As of June 2022

What a Home! Enter the front doors off of the wrap-around porch into a 2 story foyer with hardwood floors and a gorgeous open staircase. Follow the hall past the gorgeous Formal Dining Room with a custom built-in buffet, wood-burning FP, and beautiful coiffured ceiling, directly into the Great room with a wall of windows letting in Natural Light all day long. The kitchen is off the great room with an adjacent sitting/craft room with a second Wood FPL. The first floor is finished with 2 Full Bath, Laundry, an incredibly upgraded game room with a vaulted ceiling and deck access, and a guest/in-law/5th bedroom. The second floor offers 3 generous sized bedrooms, a bonus/sitting area full bath, and a Primary suite with a separate sitting/office area and vaulted ceilings. All of this on almost 1.4 acres, with whole house generator, fenced-in yard, new central AC, wrap-around porch with gazebo, and large deck for entertaining. Located in a private Cul De Sac with only 3 homes.

Last Agent to Sell the Property

Christopher Tarta

EXP REALTY, LLC Listed on: 04/06/2022

EXP REALTY, LLC

Last Buyer's Agent

Gary Silberstein

KELLER WILLIAMS VALLEY REALTY

KELLER WILLIAMS VALLEY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,598

Year Built

  • Built in 1947

Lot Details

  • 1.29

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Well
  • Septic System

Additional Features

  • Partial Basement
  • 1.29 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 1120-01204-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,598

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1947
  • Year Built Description: Approximate
  • County Name: Bergen
  • Street Number Display: 202
  • Directions: Colonial Rd. to Franklin Farms
  • I D: 5141098
  • Modified: 2023-06-23
  • Number Images: 50
  • First Name: CHRISTOPHER
  • First Name3: GARY
  • Last Name: TARTA
  • Last Name3: SILBERSTEIN
  • Office Phone: 201-891-0904
  • Office Phone3: 272852
  • Attribution Contact: null
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven-Gas, Washer
  • Number Rooms: 11
  • Bedrooms: 5
  • Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Description: Partial, Unfinished
  • Kitchen Area: Center Island, Eat-In Kitchen

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 10
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Sewer: Septic
  • Utilities: Gas-Natural
  • Water: Well

Lot Info

  • Lot Size: 1.29AC
  • Assessed Improvement Value: 579200
  • Assessed Land Value: 488700
  • Assessment: 1067900
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.29

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17598
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-01204-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.662
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jun 10, 2022
Sold by
Changsik Kwon John and Changsik Elizabeth Susan
Bought by
Pace Kevin and Pace Jill
Seller's Agent
Christopher Tarta
EXP REALTY, LLC
Buyer's Agent
Gary Silberstein
KELLER WILLIAMS VALLEY REALTY
List Price
$1,390,000
Sold Price
$1,450,000
Premium/Discount to List
$60,000
4.32%
Total Days on Market
14
Current Estimated Value
$1,825,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,554
Avg. Annual Appreciation
8.12%
Original Mortgage
$1,160,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2014
Closed on
Nov 18, 2014
Sold by
Simmers Matthew and Simmers Debra
Bought by
Kwon John Changsik and Kwon Susan Elizabeth
Seller's Agent
Mary Premtaj
COMPASS NEW JERSEY LLC
Buyer's Agent
CATHERINE OCONNOR SMIECHOWSKI
TERRIE O'CONNOR REALTORS
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$860,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Prudential Residential Svc
Bought by
Simmers Matthew and Simmers Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
5.81%

Purchase Details

Closed on
Nov 2, 2004
Sold by
Sarli Maria
Bought by
Prudential Residential Svc

Purchase Details

Closed on
Sep 28, 1995
Sold by
Rd Contractors
Bought by
Haber Sam and Sarli Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.86%

Purchase Details

Closed on
Mar 10, 1995
Sold by
Fenners Alfred
Bought by
R D Contractors

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.78%
Source: Public Records

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Range of Values:

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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
Pace Kevin $1,450,000 Conte Richard J
Kwon John Changsik $1,075,000 Attorney
Simmers Matthew $1,225,000 --
Prudential Residential Svc $1,225,000 --
Haber Sam $712,850 --
R D Contractors $100,000 --
R D Contractors $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pace Kevin $1,160,000
Previous Owner Kwon John Changsik $860,000
Previous Owner Simmers Matthew $980,000
Previous Owner Haber Sam $70,000
Previous Owner R D Contractors $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $1,450,000 +4.3% $295 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $1,390,000 +29.3% $283 / Sq Ft
11/18/2014 11/18/14 Sold $1,075,000 -- $219 / 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
2024 $18,475 $1,067,900 $488,700 $579,200
2023 $18,005 $1,067,900 $488,700 $579,200
2022 $18,005 $1,067,900 $488,700 $579,200
2021 $17,749 $1,067,900 $488,700 $579,200
2020 $17,599 $1,067,900 $488,700 $579,200
2019 $17,535 $1,067,900 $488,700 $579,200
2018 $17,353 $1,067,900 $488,700 $579,200
2017 $17,471 $1,067,900 $488,700 $579,200
2016 $17,524 $1,067,900 $488,700 $579,200
2015 $17,076 $1,038,900 $488,700 $550,200
2014 $16,332 $1,038,900 $488,700 $550,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3773949

Garden State MLS

APN: 20-01204-0000-00007