NOT LISTED FOR SALE

550 Franklin Ave Franklin Lakes, NJ 07417

Estimated Value: $813,397 - $964,000

3 Beds
3 Baths
1,956 Sq Ft
$447/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $800,000 $409 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,520/month

7 Days on Market

About This Home

As of September 2023

This home is located at 550 Franklin Ave, Franklin Lakes, NJ 07417 since 25 May 2023 and is currently estimated at $875,099, approximately $447 per square foot. This property was built in 1965. 550 Franklin Ave is a home located in Bergen County with nearby schools including Woodside Avenue Elementary School, Franklin Avenue Middle School, and Ramapo High School.

Last Listed By

JOHN PETRONE

REALTY ONE GROUP SUNRISE Brokerage Phone: 201-265-7000 Listed on: 05/25/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,461

Year Built

  • Built in 1965

Lot Details

  • 0.52 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,461

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • County Name: Bergen
  • Street Number Display: 550
  • I D: 5223458
  • Modified: 2024-09-09
  • Number Images: 1
  • Attribution Contact: 201-265-7000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .52 AC
  • Total Acres: 0.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 31, 2023
Sold by
Jazzaro Dina
Bought by
Rocchio Anthony and Rocchio Tamar
Seller's Agent
JOHN PETRONE
REALTY ONE GROUP SUNRISE
Buyer's Agent
JOSEPH ZEMAITES
MARY DAVIS REAL ESTATE INC
List Price
$799,950
Sold Price
$800,000
Premium/Discount to List
$50
0.006%
Total Days on Market
7
Views
454
Current Estimated Value
$875,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,099
Avg. Annual Appreciation
5.36%
Original Mortgage
$560,000
Outstanding Balance
$550,629
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$324,470

Purchase Details

Closed on
May 20, 2020
Sold by
Lazzaro Dina and Estate Of Alireza Foroushani
Bought by
Lazzaro Dina

Purchase Details

Closed on
Nov 19, 2007
Sold by
Garcia Esther
Bought by
Foroushani Alireza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.3%
Mortgage Type
New Conventional

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

Similar Homes in Franklin Lakes, NJ

  • 765 Sunset Terrace, Franklin Lakes, NJ 07417

    $889,999

    • 3 Beds
    • 2 Baths
    • 765 Sunset Terrace
    • Franklin Lakes, NJ

    Welcome to this beautiful 3-bedroom, 2-bathroom home tucked away on a quiet cul-de-sac in the highly desirable Franklin Lakes. The stylish kitchen features quartz countertops, stainless steel appliances, and plenty of space for cooking and entertaining. Gleaming hardwood floors run throughout, adding warmth and character to the home. A full basement offers versatile space for a home office, gym,

    Darren Davis Corcoran Infinity Properties

    Section Image
  • 715 King Rd, Franklin Lakes, NJ 07417

    $899,500

    • 3 Beds
    • 2 Baths
    • 715 King Rd
    • Franklin Lakes, NJ

    Perched nicely upon this super private and spacious 1.18 acre lot with terrific neighborhood views and overlooking Clarks Pond this classic ranch is your perfect opportunity to renovate and expand or build anew in a neighborhood surrounded by newer construction and much higher values. The spacious rooms and conventional layout will allow you to make this blank canvas a warm and welcome home with

    Geoffrey Gilchrist RE/MAX Real Estate Limited

    Section Image
  • 705 Sneider Ln, Franklin Lakes, NJ 07417

    $725,000

    • 3 Beds
    • 4 Baths
    • 705 Sneider Ln
    • Franklin Lakes, NJ

    This former summer retreat sits on a 2.33 acre lot in a private location. The 3-BR home has 2 full baths and 2 half-baths. It is suitable for renovating or new construction. Included is a detached 3-car garage with plenty of room for storage. You can combine this property with the adjacent 1.15 acre vacant lot. Save $100,000 and purchase both lots together for only $1,075,000. See MLS#22037836.

    Ming Tilley Prominent Homes Realty, LLC

    Section Image
  • 62 Birch Rd, Franklin Lakes, NJ 07417

    $950,000

    • 3 Beds
    • 2.5 Baths
    • 62 Birch Rd
    • Franklin Lakes, NJ

    Beautiful 3 bedroom, 2.1 Bath Colonial in the prestigious town of Franklin Lakes! A private oasis that is meticulously maintained, has an open concept layout, and lovely views of Cooks Pond! Entry Foyer leads to sophisticated, sun-filled Living Rm W/fpl & vaulted ceiling that opens to spacious Dining Rm W/SGD to large Deck. This living space has abundant natural light, fostering warm ambiance &

    Marjorie Fiori Keller Williams Village Square Realty - Wyckoff

    Section Image
See All Homes in Franklin Lakes

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
Rocchio Anthony $800,000 Grandview Title
Lazzaro Dina -- None Available
Foroushani Alireza $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocchio Anthony $560,000
Previous Owner Foroushani Alireza $405,000
Previous Owner Foroushani Alireza $417,000
Previous Owner Foroushani Alireza $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $800,000 0.0% $409 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $799,950 -- $409 / 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 $7,461 $448,300 $295,200 $153,100
2023 $7,272 $431,300 $295,200 $136,100
2022 $7,272 $431,300 $295,200 $136,100
2021 $7,167 $431,300 $295,200 $136,100
2020 $7,108 $431,300 $295,200 $136,100
2019 $7,082 $431,300 $295,200 $136,100
2018 $7,009 $431,300 $295,200 $136,100
2017 $7,056 $431,300 $295,200 $136,100
2016 $7,078 $431,300 $295,200 $136,100
2015 $6,896 $431,300 $295,200 $136,100
2014 $6,780 $431,300 $295,200 $136,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JOHN PETRONE

    REALTY ONE GROUP SUNRISE

  • J

    Buyer's Agent in 2023

    JOSEPH ZEMAITES

    MARY DAVIS REAL ESTATE INC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3845864

Garden State MLS

APN: 20-02414-0000-00005-03

New Jersey Bergen County Franklin Lakes 07417

550 Franklin Ave, Franklin Lakes, NJ

Homes for Sale in Franklin Lakes, NJ

This home is located at 550 Franklin Ave, Franklin Lakes, NJ 07417 since 25 May 2023 and is currently estimated at $875,099, approximately $447 per square foot. This property was built in 1965. 550 Franklin Ave is a home located in Bergen County with nearby schools including Woodside Avenue Elementary School, Franklin Avenue Middle School, and Ramapo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes