$2,990,000
NEW CONSTRUCTION

263 Arbor Rd Franklin Lakes, NJ 07417

Estimated payment $17,736/month

Total Views 6,130
5 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Lake Front
  • New Construction
  • En-Suite Primary Bedroom
  • Ramapo High School Rated A
  • Lake Privileges
  • Central Air

About This Home

Under Construction a€“ 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 chefa€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.

Listing Agent

Barbara Pagella

Coldwell Banker, Wayne Listed on: 07/11/2025

Coldwell Banker, Wayne

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Lake Privileges

Listing and Financial Details

  • Legal Lot and Block 00005 / 02602

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,694

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: None
  • Co List Office Phone: 973-694-8000
  • MLS Status: Active - Active
  • Directions: 208 S to Summit Ave exit toward Franklin Lakes. Left toward Summit Ave, continue onto Old Mill Road, turn right onto Arbor Rd. #263 on the right.
  • Reso Fireplace Features: 1 Fireplace, None
  • Year Built Details: New Const-Existing Fdn
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Primary Bathroom: Yes
  • Basement Remarks: rec room, lounge area, powder room, mechanicals, storage

Exterior Features

  • Pool Features: None
  • Waterfront Features: Lake Front, Lake Privileges
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Other, Stone, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Lot Info

  • Lot Dimensions: 1.3 acres
  • Lot Size Sq Ft: 56628.0

Tax Info

  • Tax Block: 02602
  • Tax Lot: 00005

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
09/17/2024 09/17/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $1,250,000 -- $533 / Sq Ft
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,295,000 Foundation Title
Deed $1,295,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,600,000 Construction
Source: Public Records

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Source: New Jersey MLS

MLS Number: 25024429

New Jersey MLS

APN: 20-02602-06-00005