$5,499,000
NEW CONSTRUCTION

265 Terrace Rd Franklin Lakes, NJ 07417

Estimated payment $31,743/month

Total Views 6,270
6 Beds
7.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • New Construction
  • Heated In Ground Pool
  • En-Suite Primary Bedroom
  • Colonial Road School Rated A-
  • 89,734 Sq Ft lot
  • Central Air

About This Home

Exquisite New Construction Estate Located on 2+ Private Acres a€“ Surrounded by Upscale Homes, A Rare Hidden Gem! There is Still Time to Customize. Anticipated Completion Spring 2026.

Listing Agent

Andrea Sidlovsky

High Woods Realty Listed on: 08/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,439

Lot Details

  • 2.06 Acre Lot
  • Irregular Lot

Parking

  • 4 Car Garage

Home Design

  • New Construction

Interior Spaces

  • Gas Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated In Ground Pool
  • Gunite Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 12 / 1207.

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,439

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Corporate
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: None
  • Co List Office Phone: (201) 824-5115
  • MLS Status: Active - Active
  • Directions: Summit to Terrace Or High Mountain to Terrace
  • Reso Fireplace Features: 1 Fireplace, Gas
  • Year Built Details: New Const-New Fdn
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Construction Type: Cedar

Garage/Parking

  • Garage Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 89734.0

Tax Info

  • Tax Block: 1207.
  • Tax Lot: 12

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 $32,439 $1,806,200 $588,000 $1,218,200
2024 $31,247 $1,806,200 $588,000 $1,218,200
2023 $30,453 $1,806,200 $588,000 $1,218,200
2022 $30,453 $1,806,200 $588,000 $1,218,200
2021 $30,019 $1,806,200 $588,000 $1,218,200
2020 $29,766 $1,806,200 $588,000 $1,218,200
2019 $29,658 $1,806,200 $588,000 $1,218,200
2018 $29,351 $1,806,200 $588,000 $1,218,200
2017 $29,549 $1,806,200 $588,000 $1,218,200
2016 $29,640 $1,806,200 $588,000 $1,218,200
2015 $28,881 $1,806,200 $588,000 $1,218,200
2014 $28,393 $1,806,200 $588,000 $1,218,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $5,499,000 -- --
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,150,000 Tohickon Settlement Services
Deed $1,150,000 Tohickon Settlement Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 Credit Line Revolving
Previous Owner $300,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: New Jersey MLS

MLS Number: 25027586

New Jersey MLS

APN: 20-01207-02-00012