263 Arbor Rd Franklin Lakes, NJ 07417
Estimated payment $17,219/month
Highlights
- Lake Front
- New Construction
- Fireplace
- Ramapo High School Rated A
- Lake Privileges
- En-Suite Primary Bedroom
About This Home
Under Construction – EXQUISITE LAKEFRONT CUSTOM COLONIAL IN SHADOW LAKE ESTATES! Experience unparalleled luxury in the exclusive Shadow Lakes. This custom-built colonial will offer 5 bedrooms, 5.2 bathrooms, and 3 levels of elegantly designed living space with stunning lake views. The first floor includes a grand foyer, formal living and dining rooms, a gourmet chefâ€TMs kitchen, a center island and pantry, a spacious family room with fireplace, and a guest suite with en-suite bath. The second floor offers a luxurious primary suite with walk-in closets, a private dressing room, and a spa-inspired bath. Three additional bedrooms, each with en-suite baths and walk-in closets, complete the upper level. The lower level features a recreation room, media lounge, and ample storage. Residents enjoy exclusive access to lakefront amenities, including a clubhouse, pool, boating, tennis, pickleball, basketball, scenic trails & more. Experience lakefront living at its finest, minutes from modern convenience.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,694
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
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