NOT LISTED FOR SALE

388 Hillview Terrace Franklin Lakes, NJ 07417

Estimated Value: $1,301,000 - $1,533,000

4 Beds
4.5 Baths
3,595 Sq Ft
$385/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $1,050,000 $292 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,161/month

71 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • 1 Fireplace
  • Colonial Road School Rated A-
  • Deck
  • Home Office

About This Home

As of March 2022

Welcome to this well-maintained side hall colonial on a cul-de-sac street in desirable Franklin Lakes. Brand new glistening hardwood floors throughout main level and second floor! Covered front porch leads to a wonderful first floor layout with foyer, powder room, large bright living room and formal dining room. The kitchen boasts SS appliances, granite tops & opens to the cozy den w/ gas FPL & easy access to one of the decks. Opposite the den is a bonus room w/ full bath, in-door hot tub & access to a second deck overlooking the fully fenced in yard with in-ground pool, garden & shed! Convenient laundry room completes 1st floor. Upstairs you will find an office, 2 sizable bedrooms w/ hall bathroom, a junior suite w/ en suite bath & large master w/ a master bath & 2 walk in closets. Other features of this lovely home include oversized attached 2 car garage accessible from first floor, large double wide driveway with ample parking and finished basement with storage space! New septic to be installed!!!!

Last Agent to Sell the Property

THOMAS RUSSO

RE/MAX SELECT Listed on: 11/04/2021

RE/MAX SELECT

Last Buyer's Agent

THOMAS RUSSO

RE/MAX SELECT Listed on: 11/04/2021

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,822

Year Built

  • Built in 1975

Lot Details

  • 0.99 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Shingle Roof
  • Stone Siding

Interior Spaces

  • 3,595 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Storage Room
  • Laundry Room
  • Utility Room
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Colonial Road Elementary School
  • Franklin Middle School
  • Ramapo High School

Utilities

  • Central Air
  • Standard Electricity
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1120-01107-0000-00015-0003-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,822

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1975
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: washer & dryer
  • Street Number Display: 388
  • Directions: Route 208 to Colonial OR Route 202 to Long Hill/ Franklin Lakes Rd to Hillview
  • I D: 5113932
  • Modified: 2023-03-16
  • Number Images: 50
  • First Name: THOMAS
  • First Name3: THOMAS
  • Last Name: RUSSO
  • Last Name3: RUSSO
  • Office Phone: 201-337-6600
  • Office Phone3: 201-337-6600
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Fireplaces: 1
  • Appliances: CookElec, Dishwasher, Microwave Oven, Refrigerator, OvnWElec
  • Number Rooms: 10
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: SeeRem, Storage Room, Utility Room
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Level 1 Rooms: Bath Main, Bath(s) Other, Den, Dining Room, Kitchen, Laundry Room, Living Room, SeeRem
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Office
  • Estimated Sq Ft: 3595
  • Phone: 201-337-6600

Exterior Features

  • Exterior Description: Stone, Wood Shingle
  • Exterior Features: Deck, Storage Shed
  • Pool: Yes
  • Pool Description: In-Ground Pool, Outdoor Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 10
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Septic 4 Bedroom Town Verified
  • Utilities: Electric, Gas-Natural
  • Water: Well

Schools

  • Elementary School: COLONIAL ROAD
  • Middle School: FRANKLIN
  • High School: RAMAPO
  • High School: RAMAPO
  • Middle Jr High School: FRANKLIN

Lot Info

  • Lot Size: .99 AC
  • Assessed Improvement Value: 462100
  • Assessed Land Value: 498000
  • Assessment: 960100
  • Easement: Unknown
  • Lot Description: Cul-De-Sac
  • Lot Identifier: 15.03
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.99

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15822
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-01107-0000-00015-0003-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.648
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: COLONIAL ROAD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Mar 9, 2022
Sold by
Hertel Jeffery N and Hertel Dena A
Bought by
Visperas Rico Miguel A and Visperas Eva
Seller's Agent
THOMAS RUSSO
RE/MAX SELECT
Buyer's Agent
THOMAS RUSSO
RE/MAX SELECT
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Total Days on Market
71
Current Estimated Value
$1,385,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,405
Avg. Annual Appreciation
8.99%
Original Mortgage
$945,000
Outstanding Balance
$890,512
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$494,893

Purchase Details

Closed on
Nov 22, 1996
Sold by
Christinger Joan M
Bought by
Hertel Jeffrey N and Hertel Dena A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.83%
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 Buyer Sale Price Title Company
Visperas Rico Miguel A $1,050,000 Austin Michael A
Hertel Jeffrey N $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Visperas Rico Miguel A $945,000
Previous Owner Hertel Jeffrey N $150,000
Previous Owner Hertel Dena A $320,000
Previous Owner Hertel Jeffrey N $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $1,050,000 -4.5% $292 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
11/04/2021 11/04/21 For Sale $1,100,000 -- $306 / 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
2024 $16,610 $960,100 $498,000 $462,100
2023 $16,187 $960,100 $498,000 $462,100
2022 $16,187 $960,100 $498,000 $462,100
2021 $15,957 $960,100 $498,000 $462,100
2020 $15,822 $960,100 $498,000 $462,100
2019 $15,765 $960,100 $498,000 $462,100
2018 $15,602 $960,100 $498,000 $462,100
2017 $15,707 $960,100 $498,000 $462,100
2016 $15,755 $960,100 $498,000 $462,100
2015 $15,352 $960,100 $498,000 $462,100
2014 $15,093 $960,100 $498,000 $462,100
Source: Public Records

Agents Affiliated with this Home

  • THOMAS RUSSO

    Seller's Agent in 2022

    THOMAS RUSSO

    RE/MAX SELECT

    (201) 337-5555

    8 in this area

    284 Total Sales

    THOMAS RUSSO
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3750276

Garden State MLS

APN: 20-01107-0000-00015-03

New Jersey Bergen County Franklin Lakes 07417

388 Hillview Terrace, Franklin Lakes, NJ

This home is located at 388 Hillview Terrace, Franklin Lakes, NJ 07417 since 04 November 2021 and is currently estimated at $1,385,405, approximately $385 per square foot. This property was built in 1975. 388 Hillview Terrace is a home located in Bergen County with nearby schools including Colonial Road School, Franklin Avenue Middle School, and Indian Hills High School.

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