NOT LISTED FOR SALE

550 Hampton Hill Rd Franklin Lakes, NJ 07417

Estimated Value: $1,926,612 - $2,331,000

6 Beds
4.5 Baths
6,025 Sq Ft
$358/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $1,300,000 $216 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $14,140/month

274 Days on Market

Highlights

  • 103,629 Sq Ft lot
  • Views to the East
  • Deck
  • Colonial Road School Rated A-
  • Colonial Architecture
  • Property is near public transit

About This Home

As of July 2019

Tax appeal in progress the owner will pay anything above $25,000 till the taxes are appealed! Exclusive all Brick Hilltop Estate on 2.4 acres of secluded property. Wrought iron gate welcomes you to a luxury, tranquil oasis with endless breath taking views that are visible from all angles. Come live like a movie star with total privacy, 6 bedrooms, 4 1/2 baths, 2 story entry foyer, formal dining room, formal living room, library with custom wood work/fireplace, 2 story great room with stone fireplace/built in wet bar with custom wood work, gourmet kitchen with breakfast room, 1st floor bedroom guest suite/with full bath, large master bedroom suite with incredible views/large sitting room/2 walk in closets, Master bath with steam shower/jac tub/2 vanities, the other bedrooms all have magnificent views, 2 large baths with double sinks and magnificent views, 4 car garage, house generator. Built by prominent Franklin Lakes builder pride of ownership present.

Last Agent to Sell the Property

Gregory Earnshaw

Coldwell Banker, Wyckoff/Franklin Lakes Listed on: 10/01/2018

Coldwell Banker, Wyckoff/Franklin Lakes

Co-Listed By

Karen O'Keefe

Coldwell Banker, Wyckoff/Franklin Lakes

Last Buyer's Agent

Gregory Earnshaw

Coldwell Banker, Wyckoff/Franklin Lakes Listed on: 10/01/2018

Coldwell Banker, Wyckoff/Franklin Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,702

Year Built

  • 1988

Lot Details

  • 2.38 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

Property Views

  • Views to the East
  • Views to the North
  • Views to the South
  • Views to the West
  • Mountain

Home Design

  • Built in the 1980s
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Central Vacuum
  • Skylights
  • Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Home Security

  • Intercom
  • Storm Screens

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Gas
  • Septic System

Community Details

  • Security

Listing and Financial Details

  • Assessor Parcel Number 022001104 00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,702

Year Built

1988

Lot Details

0

Listing Details

  • Property Short: RES
  • Property Type: RES
  • Sub-Style: Colonial
  • Additional Sub Style: None
  • Lifestyle: Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family
  • Miscellaneous: Central Vac, Hdwd As In, Intercom, Security, Skylights, Sprinklers, Strms/Scrns, Deck / Patio
  • Views/Exposure: East, Mountain Vw, North, South, Sunrise, Sunset, West
  • Year Built: 1980's
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number of Rooms: 12
  • Fireplace: 2 Fireplaces
  • Bedrooms: 6
  • Total Bathrooms: 4.10
  • Primary Bathroom: Y
  • Full Bathrooms: 4
  • Partial Bathroom: 1
  • Basement: Full, Unfinished
  • Basement: FULL BASEMENT
  • Items Not Included: ASK AGENT LIST
  • Items Included: ASK AGENT LIST

Exterior Features

  • Exterior: Brick
  • Waterfront: None

Garage/Parking

  • Garage: 3+car, Attached, Gar Opener

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Sewer: Septic
  • Water Source: Municipal
  • Cooling: Central Air, Multi-Zone

Condo/Co-op/Association

  • Association: None

Schools

  • Elementary School: Colonial Road E.S.
  • Middle School: Franklin Ave M.S.
  • High School: Ramapo/Indian Hills

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00016
  • Lot Description: Cul-de-sac
  • Estimated Lot Sq Ft: 103629

Tax Info

  • Tax: 33702
  • Assessor Parcel Number: 022001104 00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Jul 30, 2019
Sold by
Gerber Gary and Gerber Yvonne
Bought by
Lopez Alan
Seller's Agent
Gregory Earnshaw
Coldwell Banker, Wyckoff/Franklin Lakes
Buyer's Agent
Gregory Earnshaw
Coldwell Banker, Wyckoff/Franklin Lakes
List Price
$1,599,888
Sold Price
$1,300,000
Premium/Discount to List
-$299,888
-18.74%
Total Days on Market
274
Current Estimated Value
$2,159,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$859,153
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Apr 28, 2008
Sold by
Gerber Gary and Gerber Yvonne
Bought by
Gerber Gary and Gerber Yvonne

Purchase Details

Closed on
Jun 5, 1998
Sold by
Repic Radenko and Repic Rada
Bought by
Gerber Gary and Gerber Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.05%
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
Lopez Alan $1,300,000 --
Gerber Gary -- --
Gerber Gary $1,042,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Alan $975,000
Previous Owner Gerber Gary $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $1,300,000 -8.8% $216 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/19/2019 06/19/19 Price Changed $1,425,000 -1.7% $237 / Sq Ft
06/10/2019 06/10/19 Price Changed $1,449,000 -2.7% $240 / Sq Ft
05/28/2019 05/28/19 Price Changed $1,489,000 -0.3% $247 / Sq Ft
05/06/2019 05/06/19 Price Changed $1,494,000 -0.4% $248 / Sq Ft
04/29/2019 04/29/19 Price Changed $1,499,999 -3.2% $249 / Sq Ft
04/10/2019 04/10/19 Price Changed $1,549,000 -3.2% $257 / Sq Ft
10/01/2018 10/01/18 For Sale $1,599,888 -- $266 / Sq Ft
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 $24,653 $1,425,000 $719,000 $706,000
2023 $24,026 $1,425,000 $719,000 $706,000
2022 $24,026 $1,425,000 $719,000 $706,000
2021 $34,237 $2,060,000 $719,000 $1,341,000
2020 $33,949 $2,060,000 $719,000 $1,341,000
2019 $33,825 $2,060,000 $719,000 $1,341,000
2018 $33,475 $2,060,000 $719,000 $1,341,000
2017 $33,702 $2,060,000 $719,000 $1,341,000
2016 $33,805 $2,060,000 $719,000 $1,341,000
2015 $32,939 $2,060,000 $719,000 $1,341,000
2014 $32,383 $2,060,000 $719,000 $1,341,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 1840802

New Jersey MLS

APN: 20-01104-0000-00016