263 Arbor Rd Franklin Lakes, NJ 07417
Estimated payment $16,863/month
Highlights
- Lake Front
- New Construction
- Fireplace
- Ramapo High School Rated A
- Lake Privileges
- En-Suite Primary Bedroom
About This Home
Only weeks away from completion. Lakefront living in the exclusive Shadow Lake Estates. New Construction Experience elevated lakefront living in the exclusive Shadow Lake Estates. This custom-built Colonial offers 5 bedrooms, 5 full bathrooms, and 2 half bathrooms across three thoughtfully designed levels, all showcasing beautiful lake views. The main level features a grand foyer, formal living and dining rooms, a gourmet chefâ€TMs kitchen with center island and pantry, and a spacious family room with fireplace. A guest suite with a private en-suite bath completes the first floor. The second level is highlighted by a luxurious primary suite with walk-in closets, a private dressing room, and a spa-inspired bathroom. Three additional bedrooms, each with en-suite baths and walk-in closets, complete the upper level. The finished lower level provides a recreation room, media lounge, and ample storage space. Residents enjoy exclusive, membership-based lakefront amenities including a clubhouse, pool, boating, tennis, pickleball, basketball courts, scenic walking trails, and more. Ideally located just minutes from shopping, dining, and everyday conveniences. Finishes are underway, with construction nearing completion. There is still time to personalize select details. Private showings are available.
Home Details
Home Type
- Single Family
Lot Details
- 1.3 Acre Lot
- Lake Front
- Irregular Lot
Parking
- 2 Car Garage
Home Design
- New Construction
Interior Spaces
- Fireplace
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Outdoor Features
- Lake Privileges
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00005 / 02602
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 | $17,694 | $985,200 | $750,000 | $235,200 |
| 2024 | $17,044 | $985,200 | $750,000 | $235,200 |
| 2023 | $16,610 | $985,200 | $750,000 | $235,200 |
| 2022 | $16,610 | $985,200 | $750,000 | $235,200 |
| 2021 | $16,374 | $985,200 | $750,000 | $235,200 |
| 2020 | $16,236 | $985,200 | $750,000 | $235,200 |
| 2019 | $16,177 | $985,200 | $750,000 | $235,200 |
| 2018 | $16,010 | $985,200 | $750,000 | $235,200 |
| 2017 | $16,118 | $985,200 | $750,000 | $235,200 |
| 2016 | $16,167 | $985,200 | $750,000 | $235,200 |
| 2015 | $15,753 | $985,200 | $750,000 | $235,200 |
| 2014 | $15,487 | $985,200 | $750,000 | $235,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $2,990,000 | +130.9% | -- | |
| 10/24/2024 10/24/24 | Sold | $1,295,000 | +3.6% | $552 / Sq Ft | View Prior Sale |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- | |
| 09/05/2024 09/05/24 | For Sale | $1,250,000 | -- | $533 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,295,000 | Foundation Title | |
| Deed | $1,295,000 | Foundation Title | |
| Deed | $1,295,000 | Foundation Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,600,000 | Construction |
Source: New Jersey MLS
MLS Number: 25024429
APN: 20-02602-06-00005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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Ask me questions while you tour the home.