$3,199,000
$94K PRICE DROP

315 Freemans Ln Franklin Lakes, NJ 07417

Estimated payment $18,515/month

Total Views 5,927
6 Beds
6.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Mountain View
  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Colonial Road School Rated A-
  • Stairway
  • Central Air

About This Home

Reimagined and rebuilt in 2024 - 315 Freemans Ln is a stunning 3-story Colonial set on a beautifully landscaped acre in a prime neighborhood. This 6-bedroom, 6.5-bath home blends timeless style with modern luxury. A grand foyer leads to expansive living spaces with multiple fireplaces and porcelain/ceramic tile flooring throughout. A first-floor bedroom with full bath is perfect for guests. The show-stopping eat-in kitchen features a massive island, quartz counters and backsplash, custom cabinetry, brass-accented range hood, farm sink, top-tier stainless steel appliances, a pantry, and a bonus coffee/bar room. Upstairs, the sun-filled primary suite offers a tucked-away sitting area, dramatic two-story closet, second walk-in, and a spa bath with dual vanities, soaking tub, and rain shower. Two add'l ensuites and 1 of 2 laundry rooms. The walk-out lower level inc. 2 bedrooms, 2 full baths, a full kitchen, family room, gym, billiards/lounge, salon/yoga space, 2nd laundry, and an add'l 2-bay garage. Modern amenities include a 5-zone speaker system, 6-camera security, new 2024 electrical system, 4-zone HVAC, 2 HW heaters, Anderson windows, Trex deck, irrigation, and a 30-year roof with 6a€ black gutters. Two driveways provide access to 4 garage bays. Enjoy lush grounds, mature trees, and backyard gas/electric hookups. Just minutes from ITC, schools, parks, shops, and major highways. A rare blend of luxury and tranquility. Fall in love with the home, the land, and the lifestyle.

Listing Agent

Mary Premtaj

Compass New Jersey, LLC-Ridgewood Listed on: 07/18/2025

Compass New Jersey, LLC-Ridgewood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,656

Lot Details

  • 1 Acre Lot
  • Rectangular Lot

Parking

  • 4 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Accessible Home Design

  • Stairway

Schools

  • Colonial Road Elementary School
  • Franklin Ave Middle School
  • Ramapo/Ihhs High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 28 / 1110.

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,656

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: Mountain(s), Sunset, West
  • Co List Office Phone: 551-284-0175
  • Outside Inclusions: Lighting Fixtures, Window Trmts, Appliances,W/D in LL,Security System/Cameras
  • MLS Status: Active - Active
  • Directions: Franklin Lake Rd to Freemans Ln
  • Reso Fireplace Features: 4 Fireplaces
  • Year Built Details: 2020's,Renovated
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: Fam Rm/Fpl, 2Brs, 2 Bths, Kit, DR, Lounge/Game Rm, Gym, Salon/Yoga Rm,Lndry

Exterior Features

  • Pool Features: None
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: Washer/Dryer on 2nd fl, Fridge in Pantry
  • Construction Type: Cement Siding, Stone

Garage/Parking

  • Garage Spaces: 4.0

Utilities

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

Schools

  • Elementary School: Colonial Road School
  • High School: Ramapo/IHHS
  • Middle Or Junior School: Franklin Ave MS
  • Elementary: Colonial Road School

Lot Info

  • Lot Size Sq Ft: 43647.0

Tax Info

  • Tax Block: 1110.
  • Tax Lot: 28

MLS Schools

  • High School Text: Ramapo/IHHS

Map

Range of Values:

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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 $17,656 $983,100 $500,200 $482,900
2024 $17,008 $983,100 $500,200 $482,900
2023 $16,575 $983,100 $500,200 $482,900
2022 $16,575 $983,100 $500,200 $482,900
2021 $16,339 $983,100 $500,200 $482,900
2020 $16,201 $983,100 $500,200 $482,900
2019 $16,143 $983,100 $500,200 $482,900
2018 $15,975 $983,100 $500,200 $482,900
2017 $16,084 $983,100 $500,200 $482,900
2016 $16,133 $983,100 $500,200 $482,900
2015 $15,720 $983,100 $500,200 $482,900
2014 $15,454 $983,100 $500,200 $482,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2025 09/14/25 Price Changed $3,199,000 -2.8% --
07/18/2025 07/18/25 For Sale $3,292,500 +181.4% --
04/10/2023 04/10/23 Sold $1,170,000 -6.5% $352 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
11/26/2022 11/26/22 Price Changed $1,250,888 -10.6% $376 / Sq Ft
11/14/2022 11/14/22 Price Changed $1,399,000 -6.7% $421 / Sq Ft
09/21/2022 09/21/22 Price Changed $1,499,000 +7.1% $451 / Sq Ft
09/20/2022 09/20/22 For Sale $1,400,000 +16.7% $421 / Sq Ft
07/20/2017 07/20/17 Sold $1,200,000 -7.6% $207 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
09/12/2016 09/12/16 For Sale $1,299,000 -- $224 / Sq Ft
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $325,000 Town Title
Deed $1,170,000 First American Title
Deed $1,170,000 First American Title
Deed $1,200,000 Stewart Title Guaranty
Deed $1,200,000 --
Deed $795,000 --
Deed $758,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,582,000 New Conventional
Previous Owner $1,548,000 New Conventional
Previous Owner $1,036,800 Construction
Previous Owner $600,000 New Conventional
Previous Owner $250,000 No Value Available
Source: Public Records

Source: New Jersey MLS

MLS Number: 25023971

New Jersey MLS

APN: 20-01110-05-00028