NOT LISTED FOR SALE

220 Mulberry Way Franklin Lakes, NJ 07417

Estimated Value: $3,550,470 - $4,648,000

6 Beds
5.5 Baths
2,284 Sq Ft
$1,726/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $3,150,000 $1,379 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $25,432/month

70 Days on Market

Highlights

  • Multiple Fireplaces
  • Cul-De-Sac
  • Central Air
  • Colonial Road School Rated A-
  • En-Suite Primary Bedroom
  • Rectangular Lot

About This Home

As of June 2022

The outstanding quality and exceptional design of this showcase home is guaranteed to surpass all expectations. Set on a very private acre and quiet cul de sac. This six bedroom, six bath custom built colonial exudes luxury thru design and quality construction. An open layout delineates spaces w/intricate ceiling detail and custom fixtures. Grand two story foyer with dramatic stairwell is flanked by an upscale Dining Room. The kitchen is the heart of the home, designed by Kuche+Cucina with custom Doca USA cabinets and large Dekton waterfall island. Kitchen opens to Great Room anchored by oversized fireplace and wall of windows overlooking professionally landscaped yard. Master bedroom is tranquil retreat with fireplace, luxurious spa bathroom and custom closets. Outdoor covered porch with FPL will lure you outside at any night of the year. The attention to details is endless.

Last Agent to Sell the Property

Grazyna Ziarko

Christie's International Real Estate Group-Franklin Lakes Listed on: 03/17/2022

Christie's International Real Estate Group-Franklin Lakes

Last Buyer's Agent

Vicki Gaily

Special Properties, Division Brook Hollow Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,393

Lot Details

  • 0.92 Acre Lot
  • Cul-De-Sac
  • Rectangular Lot

Parking

  • 3 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Colonial Road Elementary School
  • Franklin Ave Middle School
  • Ramapo/Indian Hills High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 00002 / 01211

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,393

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-904-2085
  • MLS Status: Sold - Sold
  • Directions: Colonial Rd to Mulberry Way
  • Reso Fireplace Features: 3 Fireplaces
  • Year Built Details: 2020's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: full

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Cement Siding, Stone

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Radiant

Schools

  • Elementary School: Colonial Road E.S.
  • High School: Ramapo/Indian Hills
  • Middle Or Junior School: Franklin Ave M.S.
  • Elementary: Colonial Road E.S.

Lot Info

  • Lot Size Sq Ft: 39988.0

Tax Info

  • Tax Block: 01211
  • Tax Lot: 00002

MLS Schools

  • High School Text: Ramapo/Indian Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Morgenshtern Faigy and Morgenshtern David
Bought by
Morgenshtern Irrevocable Wealth Reduction Tru and Morgenshtern
Current Estimated Value
$3,942,823

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jun 1, 2022
Sold by
Mihajlovic and Nemanja
Bought by
Morgenshtern Faigy
Seller's Agent
Grazyna Ziarko
Christie's International Real Estate Group-Franklin Lakes
Buyer's Agent
Vicki Gaily
Special Properties, Division Brook Hollow Group, Inc.
List Price
$3,445,000
Sold Price
$3,150,000
Premium/Discount to List
-$295,000
-8.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$2,500,000
Interest Rate
5.27%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Morgenshtern Irrevocable Wealth Reduction Tru $2,396,587 First Jersey Title
Morgenshtern Faigy -- Brady Richard J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgenshtern Faigy $250,000
Previous Owner Morgenshtern Faigy $2,500,000
Previous Owner Mihajlovic Danielle $2,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $3,150,000 -4.1% $1,379 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/10/2022 05/10/22 Price Changed $3,285,000 -4.6% $1,438 / Sq Ft
03/17/2022 03/17/22 For Sale $3,445,000 +430.0% $1,508 / Sq Ft
04/10/2020 04/10/20 Sold $650,000 +1.6% $285 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $640,000 -- $280 / 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 $47,393 $2,655,700 $468,600 $2,187,100
2024 $45,651 $2,638,800 $468,600 $2,170,200
2023 $47,783 $2,638,800 $468,600 $2,170,200
2022 $7,901 $468,600 $468,600 $0
2021 $7,788 $468,600 $468,600 $0
2020 $10,427 $632,700 $468,600 $164,100
2019 $10,389 $632,700 $468,600 $164,100
2018 $10,281 $632,700 $468,600 $164,100
2017 $10,351 $632,700 $468,600 $164,100
2016 $10,383 $632,700 $468,600 $164,100
2015 $9,867 $632,700 $468,600 $164,100
2014 $9,696 $632,700 $468,600 $164,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22008765

New Jersey MLS

APN: 20-01211-0000-00002-02