240 Ottowa Ln Franklin Lakes, NJ 07417
Estimated payment $9,532/month
Highlights
- In Ground Pool
- Cul-De-Sac
- En-Suite Primary Bedroom
- High Mountain Road Elementary School Rated A-
- Fireplace
- Central Air
About This Home
Private 6-Bedroom Colonial on 1.29 Acres with Pool End of Cul-de-Sac in Franklin LakesTucked at the end of a quiet cul-de-sac, this expansive Colonial offers over 4,100 sq ft of beautifully maintained living space on 1.29 private, wooded acres. A rare find in Franklin Lakes, the home features 6 bedrooms, 3.5 baths, a finished basement, and a backyard oasis with an in-ground pool surrounded by brand-new safety fencing (2024). The main level includes a large eat-in kitchen with granite countertops and tile flooring, a cozy family room with fireplace, formal dining with built-in cabinetry, and a screened-in porch that opens to a spacious rear deck ideal for entertaining. Upstairs, you'll find five additional bedrooms and three full baths, while the basement adds bonus space for recreation, gym, or media. The home is set on well water with updated septic and features multi-zone central air, gas heat, and a circular driveway for easy in/out access. Located just minutes from top-rated schools, town fields, and local parks, this home combines quiet retreat living with everyday convenience, perfect for those seeking space, privacy, and timeless comfort.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,993
Lot Details
- 1.29 Acre Lot
- Cul-De-Sac
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Fireplace
- In Ground Pool
- Finished Basement
Listing and Financial Details
- Legal Lot and Block 7.01 / 1210
Map
Home Values in the Area
Average Home Value in this Area
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 | $19,993 | $1,113,200 | $514,500 | $598,700 |
| 2024 | $19,258 | $1,113,200 | $514,500 | $598,700 |
| 2023 | $18,769 | $1,113,200 | $514,500 | $598,700 |
| 2022 | $18,769 | $1,113,200 | $514,500 | $598,700 |
| 2021 | $18,501 | $1,113,200 | $514,500 | $598,700 |
| 2020 | $18,346 | $1,113,200 | $514,500 | $598,700 |
| 2019 | $18,279 | $1,113,200 | $514,500 | $598,700 |
| 2018 | $18,090 | $1,113,200 | $514,500 | $598,700 |
| 2017 | $12,926 | $790,100 | $514,500 | $275,600 |
| 2016 | $12,966 | $790,100 | $514,500 | $275,600 |
| 2015 | $12,634 | $790,100 | $514,500 | $275,600 |
| 2014 | $12,420 | $790,100 | $514,500 | $275,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $1,499,900 | -- | $366 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $480,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $482,000 | No Value Available |
Source: New Jersey MLS
MLS Number: 25039998
APN: 20-01210-0000-00007-01
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