$680,000
SOLD JUN 18, 2019

268 Edgewood Rd Franklin Lakes, NJ 07417

5 Beds
4.5 Baths
3,848 Sq Ft
1.38 Acres

Recently Sold

$177 Per Sq Ft

14% Below List Price

61 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Kitchen
  • 3 Car Attached Garage
  • Ramapo High School Rated A
  • Raised Ranch Architecture

About This Home

As of May 2022

Excellent opportunity in the exclusive Shadow Lake Estates. Bring your builder and your imagination and revitalize the existing home or create your own. Currently offers an existing footprint of approx 3,000 sf with a fully excavated LL that walks out to the backyard. There is also an existing pool that could be refurbished. This 1.38 acre corner lot overlooks a serene pond with its own private beach! Very strong supporting value in this neighborhood and on one of the prettiest streets in town. This property comes with EXCLUSIVE access to Shadow Lake Club featuring boating, fishing, pool, clubhouse, BBQ area overlooking the lake, playground, basketball and tennis courts. Home sold in AS-IS CONDITION and is uninhabitable. So much potential! Shadow Lake fees apply.

Last Agent to Sell the Property

Mary Premtaj

COMPASS NEW JERSEY LLC Listed on: 03/01/2019

COMPASS NEW JERSEY LLC

Last Buyer's Agent

SAMUEL LIN

COLDWELL BANKER REALTY RDG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,302

Year Built

  • Built in 1960

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Wood Shingle Roof

Interior Spaces

  • Family Room with Fireplace
  • 2 Fireplaces
  • Carbon Monoxide Detectors
  • Fireplace in Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Woodside Elementary School
  • Ramapo Middle School
  • Ramapo High School

Utilities

  • Well
  • Septic System

Additional Features

  • In Ground Pool
  • 1.38 Acre Lot

Community Details

  • $3,000 Other One-Time Fees

Listing and Financial Details

  • Assessor Parcel Number 1120-02602-0006-00008-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,302

Year Built

Built in 1960

Lot Details

0

HOA Fees

$160 per month

Parking

3

Listing Details

  • Style: Raised Ranch
  • Primary Style: Raised Ranch
  • Subproperty Type: Single Family
  • Year Built: 1960
  • Year Built Description: Standing
  • County Name: Bergen
  • Easements Description: per survey
  • Street Number Display: 268
  • Directions: Arbor to Sherwood to Edgewood
  • I D: 4875318
  • Modified: 2021-09-23
  • Number Images: 10
  • First Name: MARY
  • First Name3: SAMUEL
  • Last Name: PREMTAJ
  • Last Name3: LIN
  • Office Phone: 551-284-0175
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Kitchen, Family Room
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector
  • Number Rooms: 11
  • Bedrooms: 5
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Kitchen Area: Separate Dining Area
  • Phone: 201-848-4002

Exterior Features

  • Exterior Description: Wood Shingle
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: Blacktop

Utilities

  • Fuel Type: Gas-Natural
  • Sewer: Septic
  • Utilities: Gas In Street
  • Water: Well

Condo/Co-op/Association

  • Association Maintenance Fee: 1925
  • Association Maintenance Fee Frequency: Annually

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 3000

Schools

  • Elementary School: WOODSIDE
  • Middle School: RAMAPO
  • High School: RAMAPO
  • High School: RAMAPO
  • Middle Jr High School: RAMAPO

Lot Info

  • Lot Size: 1.38 AC
  • Assessed Improvement Value: 356300
  • Assessed Land Value: 770000
  • Assessment: 1126300
  • Easement: Yes
  • Lot Identifier: 8
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 1.38

Rental Info

  • Application Fee: 3000

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 18302
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-02602-0006-00008-0000-
  • Tax Rate Amount: 1.625
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

MLS Schools

  • Grade School: WOODSIDE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Apr 9, 2022
Sold by
Shadowlakes Invt Llc
Bought by
Csh Investments Llc
Seller's Agent
Tony Nabhan
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
LAURA JEFFAS
PROMINENT PROPERTIES SIR
List Price
$3,477,700
Sold Price
$3,425,000
Premium/Discount to List
-$52,700
-1.52%
Current Estimated Value
$3,481,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,223
Original Mortgage
$3,000,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2021
Sold by
Shadowlakes Invt Llc
Bought by
Shadowlakes Invt Llc

Purchase Details

Listed on
Jan 30, 2015
Closed on
Jan 30, 2015
Sold by
Janjigian Lucy Elizabeth
Bought by
Sap Properties Llc
Seller's Agent
ADRENA AIAZIAN
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
CELIA RIGGIO
CHRISTIE'S INT. REAL ESTATE GROUP
Sold Price
$900,000
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,425,000 Catic Title
Deed -- None Listed On Document
Deed $900,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 New Conventional
Previous Owner $1,865,750 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $3,425,000 0.0% $890 / Sq Ft
05/02/2022 05/02/22 Sold $3,425,000 -1.5% $890 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/02/2022 02/02/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $3,477,700 0.0% $904 / Sq Ft
12/03/2021 12/03/21 For Sale $3,477,700 +411.4% $904 / Sq Ft
06/18/2019 06/18/19 Sold $680,000 -14.5% $177 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $795,000 -11.7% $207 / Sq Ft
01/30/2015 01/30/15 Sold $900,000 -- $234 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

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 $49,503 $2,756,300 $770,000 $1,986,300
2024 $47,684 $2,756,300 $770,000 $1,986,300
2023 $46,471 $2,756,300 $770,000 $1,986,300
2022 $15,159 $899,100 $770,000 $129,100
2021 $14,943 $899,100 $770,000 $129,100
2020 $14,817 $899,100 $770,000 $129,100
2019 $14,763 $899,100 $770,000 $129,100
2018 $18,302 $1,126,300 $770,000 $356,300
2017 $18,426 $1,126,300 $770,000 $356,300
2016 $18,483 $1,126,300 $770,000 $356,300
2015 $18,010 $1,126,300 $770,000 $356,300
2014 $17,705 $1,126,300 $770,000 $356,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3540025

Garden State MLS

APN: 20-02602-06-00008