NOT LISTED FOR SALE

5 Shinnecock Trail Franklin Lakes, NJ 07417

Estimated Value: $3,039,000 - $6,681,000

6 Beds
7.5 Baths
-- Sq Ft
1.84 Acres

Last Sold November 09, 2022

Last sale price $6,199,000

Est. 14% decrease in value since last sale

Current estimated payment $34,537/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 Agent to Sell the Property

Andrea Sidlovsky

High Woods Realty Listed on: 08/28/2022

Last Buyer's Agent

Lynn Brescia

Coldwell Banker, Wyckoff/Franklin Lakes

Coldwell Banker, Wyckoff/Franklin Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,109

Lot Details

  • 1.84 Acre Lot
  • Irregular Lot

Parking

  • 4 Car Garage

Home Design

  • New Construction

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

$70,109

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

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
Current Estimated Value
$5,307,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$891,545
Avg. Annual Appreciation
-5.32%

Purchase Details

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

Purchase Details

Closed on
Jan 29, 2021
Sold by
Neff Lily
Bought by
722 Butternut Drive Llc

Purchase Details

Closed on
Jan 4, 2021
Sold by
Neff Lily
Bought by
722 Butternut Drive Llc

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zaman Shahzie $6,199,000 Chicago Title
Garden State Builders Llc -- Chicago Title
Garden State Builders Llc -- Chicago Title
5 Shinnecock Trail Llc -- Rosenberg Gregory
5 Shinnecock Trail Llc -- Rosenberg Gregory
722 Butternut Drive Llc $1,200,000 Chicago Title
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 -- --
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
2025 $70,109 $3,903,600 $667,400 $3,236,200
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

  • Section Image
  • Section Image
See All Agents

Map

Source: New Jersey MLS

MLS Number: 22031970

New Jersey MLS

APN: 20-01106-05-00003