NOT LISTED FOR SALE

5 Shinnecock Trail Franklin Lakes, NJ 07417

Estimated Value: $2,861,000 - $6,780,767

6 Beds
7.5 Baths
-- Sq Ft
1.84 Acres

Last Sold November 09, 2022

Last sale price $6,199,000

Est. 23% decrease in value since last sale

Current estimated payment $27,642/month

31 Days on Market

Highlights

  • New Construction
  • Heated In Ground Pool
  • Mountain View
  • Colonial Road School Rated A-
  • 80,020 Sq Ft lot
  • Multiple Fireplaces

About This Home

As of November 2022

Luxurious living could be all yours in this incredible custom home, built on the last approx 2 acre lot available on Shinnecock Trail. Offering the added value of being twice the size of the area's typical 1-acre parcels. This estate is located on one of the most expensive, prestigious streets in town and surrounded by upscale residences. Treating you to an impressive +/-10,000 sq ft of impeccably designed interior across two levels, this is an exceptional estate. Tree-lined and secluded, there's an expansive, inviting outdoor living area that's ideal for hosting parties or alfresco dinners. A brand new swimming pool with a spa completes the space, helping to create a private, tranquil oasis in which endless hours of relaxing and entertaining guests await.

Last Listed By

Andrea Sidlovsky

High Woods Realty Listed on: 08/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,546

Year Built

  • 2022

Lot Details

  • 1.84 Acre Lot
  • Irregular Lot

Parking

  • 4 Car Garage

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00003 / 01106

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,546

Year Built

2022

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Corporate
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: Mountain(s)
  • Co List Office Phone: (201) 824-5115
  • MLS Status: Sold - Sold
  • Directions: Franklin Lake Rd to Freemans to Shinnecock
  • Reso Fireplace Features: 3 Fireplaces
  • Year Built Details: New Const-New Fdn
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2022

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - No
  • Construction Type: Cement Siding

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas

Lot Info

  • Lot Size Sq Ft: 80020.0

Tax Info

  • Tax Block: 01106
  • Tax Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2022
Closed on
Nov 8, 2022
Sold by
Garden State Builders Llc
Bought by
Zaman Shahzie
Seller's Agent
Andrea Sidlovsky
High Woods Realty
Buyer's Agent
Lynn Brescia
Coldwell Banker, Wyckoff/Franklin Lakes
List Price
$6,199,000
Sold Price
$6,199,000
Total Days on Market
31
Current Estimated Value
$4,766,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,432,411
Avg. Annual Appreciation
-9.83%

Purchase Details

Closed on
Feb 23, 2022
Sold by
722 Butternut Drive Llc
Bought by
5 Shinnecock Trail Llc

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 4, 2021
Sold by
Neff Lily
Bought by
722 Butternut Drive Llc
Seller's Agent
Melissa Shiel
Keller Williams Village Square Realty - Wyckoff
Buyer's Agent
Andrea Sidlovsky
High Woods Realty
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.82%

Purchase Details

Closed on
Feb 12, 2008
Sold by
Fuhrmann Christopher
Bought by
Neff Daryl and Neff Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
5.8%
Mortgage Type
New Conventional

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
Zaman Shahzie $6,199,000 Chicago Title
Garden State Builders Llc -- Chicago Title
5 Shinnecock Trail Llc -- Rosenberg Gregory
722 Butternut Drive Llc $1,200,000 Ardent Title Group Llc
Neff Daryl $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frassetto Salvatore V $3,000,000
Previous Owner Neff Daryl $811,600
Previous Owner Neff Daryl $980,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $6,199,000 0.0% --
09/28/2022 09/28/22 Pending -- -- --
08/28/2022 08/28/22 For Sale $6,199,000 +416.6% --
02/04/2021 02/04/21 Sold $1,200,000 -7.6% --
12/08/2020 12/08/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $1,299,000 -- --
Source: New Jersey 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 $11,546 $3,903,600 $667,400 $3,236,200
2023 $11,252 $667,400 $667,400 $0
2022 $11,252 $667,400 $667,400 $0
2021 $11,092 $667,400 $667,400 $0
2020 $10,999 $667,400 $667,400 $0
2019 $10,959 $667,400 $667,400 $0
2018 $10,845 $667,400 $667,400 $0
2017 $10,919 $667,400 $667,400 $0
2016 $10,952 $667,400 $667,400 $0
2015 $10,672 $667,400 $667,400 $0
2014 $10,492 $667,400 $667,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 22031970

New Jersey MLS

APN: 20-01106-05-00003