$1,645,000
SOLD JUN 24, 2025

298 Freemans Ln Franklin Lakes, NJ 07417

5 Beds
4.5 Baths
4,234 Sq Ft
1.84 Acres

Recently Sold

$389 Per Sq Ft

9% Below List Price

29 Days on Market

Highlights

  • In Ground Pool
  • 80,020 Sq Ft lot
  • En-Suite Primary Bedroom
  • Colonial Road School Rated A-
  • Views to the East
  • Central Air

About This Home

As of June 2025

This stately all brick 5BR Colonial sits on 2 ACRES in the most prestigious and sought after West Gate section of Urban Farms. Upon entering the double doors, you will be greeted by a two story foyer with sweeping staircase. Graced by soaring ceilings and wall to wall windows, this home is perfect for entertaining and everyday life. Wall paneled great room with wet bar and fireplace, front to back living room with wall of glass overlooking very private yard with in-ground pool. This home also offers first floor Primary bedroom and 3 room in-law suite. Three car garage, natural gas generator and multimillion dollar homes in the surrounding neighborhoods.

Last Agent to Sell the Property

Grazyna Ziarko

Christie's International Real Estate Group-Franklin Lakes Listed on: 04/16/2025

Christie's International Real Estate Group-Franklin Lakes

Last Buyer's Agent

John Barone

Coldwell Banker, Ridgewood

Coldwell Banker, Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,450

Lot Details

  • 1.84 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Property Views

  • Views to the East

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 5 / 1108

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,450

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: East
  • Co List Office Phone: 201-904-2085
  • MLS Status: Sold - Sold
  • Directions: Franklin Lake Road to Freeman's Lane
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Primary Bathroom: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 80020.0

Tax Info

  • Tax Annual Amount: 22450.0
  • Tax Block: 1108
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Jun 24, 2025
Sold by
Jordan Gertrude V
Bought by
Seminerio Brian and Sula Toneta
Seller's Agent
Grazyna Ziarko
Christie's International Real Estate Group-Franklin Lakes
Buyer's Agent
John Barone
Coldwell Banker, Ridgewood
List Price
$1,799,000
Sold Price
$1,645,000
Premium/Discount to List
-$154,000
-8.56%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.27%
Original Mortgage
$1,316,000
Outstanding Balance
$1,314,751
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$467,950

Purchase Details

Closed on
Oct 28, 1993
Sold by
Goodfellow Glenn
Bought by
Jordan Wadih and Jordan Gerturde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.83%
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
Bargain Sale Deed $1,645,000 Van Natta Title
Bargain Sale Deed $1,645,000 Van Natta Title
Deed $825,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,316,000 New Conventional
Closed $1,316,000 New Conventional
Previous Owner $566,500 Unknown
Previous Owner $600,000 Unknown
Previous Owner $600,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Sold $1,645,000 -7.3% $389 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
04/17/2025 04/17/25 Price Changed $1,775,000 -1.3% $419 / Sq Ft
04/16/2025 04/16/25 For Sale $1,799,000 -- $425 / Sq Ft
Source: New Jersey 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 $22,450 $1,250,000 $667,400 $582,600
2024 $21,625 $1,250,000 $667,400 $582,600
2023 $21,075 $1,250,000 $667,400 $582,600
2022 $21,075 $1,250,000 $667,400 $582,600
2021 $20,775 $1,250,000 $667,400 $582,600
2020 $23,075 $1,400,200 $667,400 $732,800
2019 $22,991 $1,400,200 $667,400 $732,800
2018 $22,753 $1,400,200 $667,400 $732,800
2017 $22,907 $1,400,200 $667,400 $732,800
2016 $22,977 $1,400,200 $667,400 $732,800
2015 $22,389 $1,400,200 $667,400 $732,800
2014 $22,011 $1,400,200 $667,400 $732,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25012424

New Jersey MLS

APN: 20-01108-0000-00005