$4,550,000
$550K PRICE DROP

311 Algonquin Rd Franklin Lakes, NJ 07417

Estimated payment $29,196/month

Total Views 15,548
6 Beds
6.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Lake Front
  • 117,612 Sq Ft lot
  • Multiple Fireplaces
  • High Mountain Road Elementary School Rated A-
  • Views to the East
  • En-Suite Primary Bedroom

About This Home

Where Dreams Touch the Water! Welcome to an extraordinary lakefront estate where timeless beauty meets tranquil living undoubtedly one of Franklin Lakes' most captivating treasures. Set on 2.7 magical acres along the shimmering shores of Franklin Lake, this enchanting all-brick Manor was thoughtfully designed as a creation of elegance & warmth. From the moment you arrive, peace & quiet grandeur surrounds you. The slate roof, curved lines, & graceful architecture speak to a home built not just with materials, but with intention. Inside, a story unfolds across 13 rooms of refined comfort & charm. Curl up with a book in the richly paneled great room/library, gather by the fire in the sunlit grand living room, or savor mornings in the breakfast room, wrapped in light with breathtaking lake views. The heart of the home an artisan kitchen with twin islands & handcrafted details opens to a 24x31 family room with a wall of windows. Upstairs, the primary suite is flooded with light, framed by nature, & enhanced with his & her dressing room/closets & exquisite marble bath & steam shower. A walk-out lower level is pure joy offering spaces to play & gather from the game/media rooms to a Pub room with wet bar. A heated driveway welcomes you home in every season, while the grounds invite morning coffees overlooking the lake & unforgettable sunset dinners under the stars. This is more than a home- it is a once-in-a-lifetime chance to have land, light, & luxury a true sanctuary on the lake!

Listing Agent

Lynn Brescia

Coldwell Banker, Wyckoff/Franklin Lakes Listed on: 07/28/2025

Coldwell Banker, Wyckoff/Franklin Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,000

Lot Details

  • 2.7 Acre Lot
  • Lake Front
  • Irregular Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Views to the East
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • High Mountain Elementary School
  • Franklin Ave. Middle School
  • Ramapo High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1.12 / 2101

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: East
  • Co List Office Phone: 201-891-6700
  • MLS Status: Active - Active
  • Directions: Franklin Lakes Road to Indian Trail to Algonquin
  • Reso Fireplace Features: 3 Fireplaces, Gas
  • Year Built Details: 1960's,2010's
  • PropertySubTypeAdditional: Manor
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: finished, game rm/bar, Pub room/bar, OE, full bth,

Exterior Features

  • Pool Features: None
  • Waterfront Features: Lake Front
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 3.0

Utilities

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

Schools

  • Elementary School: High Mountain
  • High School: Ramapo
  • Middle Or Junior School: Franklin Ave. Middle
  • Elementary: High Mountain

Lot Info

  • Lot Dimensions: 2.7 Acres
  • Lot Size Sq Ft: 117612.0

Tax Info

  • Tax Annual Amount: 64000.0
  • Tax Block: 2101
  • Tax Lot: 1.12

MLS Schools

  • High School Text: Ramapo

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $64,072 $3,567,500 $1,675,000 $1,892,500
2024 $61,718 $3,567,500 $1,675,000 $1,892,500
2023 $60,148 $3,567,500 $1,675,000 $1,892,500
2022 $60,148 $3,567,500 $1,675,000 $1,892,500
2021 $59,292 $3,567,500 $1,675,000 $1,892,500
2020 $58,792 $3,567,500 $1,675,000 $1,892,500
2019 $58,578 $3,567,500 $1,675,000 $1,892,500
2018 $57,972 $3,567,500 $1,675,000 $1,892,500
2017 $58,364 $3,567,500 $1,675,000 $1,892,500
2016 $58,543 $3,567,500 $1,675,000 $1,892,500
2015 $57,044 $3,567,500 $1,675,000 $1,892,500
2014 $56,081 $3,567,500 $1,675,000 $1,892,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Price Changed $4,550,000 -8.1% --
09/05/2025 09/05/25 Price Changed $4,950,000 -2.9% --
07/28/2025 07/28/25 For Sale $5,100,000 -- --
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $3,700,000 First American Title
Bargain Sale Deed -- None Listed On Document
Deed $2,550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,920,000 New Conventional
Previous Owner $2,920,000 Balloon
Previous Owner $2,000,000 No Value Available
Source: Public Records

Source: New Jersey MLS

MLS Number: 25026647

New Jersey MLS

APN: 20-02101-0000-00001-12