NOT LISTED FOR SALE

380 Crescent Dr Franklin Lakes, NJ 07417

Estimated Value: $3,378,908 - $4,045,000

5 Beds
6.5 Baths
8,148 Sq Ft
$444/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $2,700,000 $331 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $23,165/month

187 Days on Market

Highlights

  • Heated In Ground Pool
  • Lake View
  • Colonial Architecture
  • Colonial Road School Rated A-
  • 8.3 Acre Lot
  • 5 Fireplaces

About This Home

As of February 2022

Over 8 Acres of privacy and exclusivity, welcome to 380 Crescent Drive, located just 25 miles from NYC. With over 8,000 square feet of living space, this home checks all of the boxes. This estate is set upon a private lake with direct access for ice skating, fishing, boating and more. Pavers surround the heated gunite pool and outdoor kitchen, perfect for both relaxing and entertaining. As you enter this all brick manor, you are welcomed by the grand natural light filled two story entryway. Each room more impressive than the next, the two story great room features oversized windows and breathtaking views. The open floor plan throughout this home offers total flexibility and multi use spaces. The gourmet eat in kitchen has some the highest end appliances and finishes you can buy.

Last Agent to Sell the Property

STEPHEN BRACONI

CHRISTIE'S INT. REAL ESTATE GROUP Listed on: 04/21/2021

Last Buyer's Agent

MARGARET GREGOREK

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,672

Year Built

  • Built in 1996

Lot Details

  • 8.3 Acre Lot

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 5 Fireplaces
  • Gas Fireplace
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Heated In Ground Pool
  • Gunite Pool

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1120-01207-0000-00007-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,672

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1996
  • Year Built Description: Standing
  • County Name: Bergen
  • Exclusions: personal
  • Street Number Display: 380
  • Directions: Summit to Terrace to Crescent
  • I D: 5065180
  • Modified: 2023-02-25
  • Number Images: 25
  • First Name: STEPHEN
  • First Name3: MARGARET
  • Last Name: BRACONI
  • Last Name3: GREGOREK
  • Office Phone: 201-345-1062
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 5
  • Appliances: Carbon Monoxide Detector, Central Vacuum, CookGas, Dishwasher, Generator-Built-In, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator
  • Number Rooms: 12
  • Bedrooms: 5
  • Bathrooms: 6.10
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Phone: 201-904-2085

Exterior Features

  • Exterior Description: Brick
  • Pool: Yes
  • Pool Description: Gunite, Heated, In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

  • Cooling: 3 Units
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Forced Hot Air, Radiant - Hot Water
  • Sewer: Septic 5+ Bedroom Town Verified
  • Water: Well

Lot Info

  • Lot Size: 8.3 AC
  • Assessed Improvement Value: 1787900
  • Assessed Land Value: 862100
  • Assessment: 2650000
  • Lot Description: Lake/Water View
  • Lot Identifier: 7
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 8.30

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 43672
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-01207-0000-00007-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.648
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Feb 15, 2022
Sold by
Garrambone Jr Peter L and Garrambone Jane E
Bought by
Gonnelli Robert and Gonnelli Patricia
Seller's Agent
STEPHEN BRACONI
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
MARGARET GREGOREK
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Current Estimated Value
$3,621,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,227
Avg. Annual Appreciation
8.47%
Original Mortgage
$2,160,000
Outstanding Balance
$2,013,584
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,607,643

Purchase Details

Closed on
May 24, 2006
Sold by
Kinz Douglas J
Bought by
Garrambone Peter L and Garrambone Jane E

Purchase Details

Closed on
Oct 22, 1994
Sold by
Harriet S Segessmann Trust
Bought by
Kinz Douglas and Kinz Vita
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Gonnelli Robert $2,700,000 Stewart Title Guaranty Company
Garrambone Peter L $3,100,000 --
Kinz Douglas $742,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonnelli Robert $2,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2022 02/24/22 Sold $2,700,000 0.0% $331 / Sq Ft
02/24/2022 02/24/22 Sold $2,700,000 -6.9% $331 / Sq Ft View Prior Sale
10/25/2021 10/25/21 Pending -- -- --
10/19/2021 10/19/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $2,899,000 0.0% $356 / Sq Ft
05/18/2021 05/18/21 Price Changed $2,899,000 -3.2% $356 / Sq Ft
04/21/2021 04/21/21 For Sale $2,995,000 0.0% $368 / Sq Ft
03/13/2021 03/13/21 For Sale $2,995,000 -- $368 / 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 $47,594 $2,650,000 $862,100 $1,787,900
2024 $45,845 $2,650,000 $862,100 $1,787,900
2023 $44,679 $2,650,000 $862,100 $1,787,900
2022 $44,679 $2,650,000 $862,100 $1,787,900
2021 $44,043 $2,650,000 $862,100 $1,787,900
2020 $43,672 $2,650,000 $862,100 $1,787,900
2019 $43,513 $2,650,000 $862,100 $1,787,900
2018 $43,063 $2,650,000 $862,100 $1,787,900
2017 $44,990 $2,750,000 $862,100 $1,887,900
2016 $45,128 $2,750,000 $862,100 $1,887,900
2015 $43,973 $2,750,000 $862,100 $1,887,900
2014 $43,230 $2,750,000 $862,100 $1,887,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3706626

Garden State MLS

APN: 20-01207-0000-00007