40 Hazy Gate Terrace Franklin Lakes, NJ 07417
Estimated payment $13,665/month
About This Home
Welcome to this stunning 3 bedroom, 3 full bath and 2 half bath end-unit townhouse at The Reserve at Franklin Lakes. Built in 2018 and located in one of the most desirable locations within the community, this 3,075 square foot home plus a finished basement has an impressive 2 story entry foyer leading to the formal dining room and home office. The well appointed gourmet kitchen with large center island opens to the expanded great room with cathedral ceiling, wood beams and a triple sliding glass door that leads to the upgraded composite deck complete with an outdoor kitchen and fireplace which overlooks a private wooded view. Heading upstairs you will find an additional two bedrooms both with their own en-suite bathroom plus a large loft area perfect for a cozy seating area or second living space. The large finished basement includes luxury vinyl flooring, a kitchen area with wine fridge and center island, half bath and plenty of storage. Additional features include an expanded two car garage with epoxy floor, alarm system, exterior security cameras and so much more. Enjoy the ease of townhouse living and meeting your neighbors at the clubhouse, pool, tennis, pickleball, gym and trails.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $21,314
Parking
- 2 Car Garage
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Finished Basement
- Basement Fills Entire Space Under The House
Schools
- F Lakes Middle Schoo
- Ramapo/ Indian Hills High School
Map
Home Values in the Area
Average Home Value in this Area
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 | $21,315 | $1,186,800 | $250,000 | $936,800 |
| 2024 | $20,532 | $1,186,800 | $250,000 | $936,800 |
| 2023 | $20,009 | $1,186,800 | $250,000 | $936,800 |
| 2022 | $20,009 | $1,186,800 | $250,000 | $936,800 |
| 2021 | $19,725 | $1,186,800 | $250,000 | $936,800 |
| 2020 | $19,558 | $1,186,800 | $250,000 | $936,800 |
| 2019 | $4,105 | $250,000 | $250,000 | $0 |
| 2018 | $4,063 | $250,000 | $250,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $2,199,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Li Christine F | |
| Special Master Deed | -- | Li Christine F | |
| Deed | $1,359,490 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $900,000 | New Conventional |
Source: New Jersey MLS
MLS Number: 25022476
APN: 20-03402-0000-00013-0000-C0011
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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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