Seller's Agent in 2025
Stergia Kalogirou
Coldwell Banker, Allendale/Saddle River Valley
(201) 245-0465
3 in this area
70 Total Sales
551 Ewing Ave Franklin Lakes, NJ 07417
7
Beds
4.5
Baths
1,560
Sq Ft
1.29
Acres
Highlights
- Views to the North
- Stairway
- En-Suite Primary Bedroom
- Ramapo High School Rated A
About This Home
As of March 2025Dona€TMt miss this rare chance to own a unique property featuring two single-family homes on one parcel in desirable Franklin Lakes. The front home includes 3+ bedrooms and 1 bath, while the recently updated back home boasts 4 bedrooms and 2.5 baths. Situated on an oversized lot, the possibilities are endlessa€”generate rental income, redevelop, or create a multi-generational living setup. This versatile property is a true gem!
Last Agent to Sell the Property
Coldwell Banker, Allendale/Saddle River Valley Listed on: 01/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,937
Lot Details
- 1.29 Acre Lot
- Irregular Lot
Parking
- 2 Car Garage
Home Design
- Duplex
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
Additional Features
- Views to the North
- Basement Fills Entire Space Under The House
- Stairway
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 1 / 2415
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2025
Closed on
Mar 17, 2025
Sold by
Alvarez Ken and Alvarez Melissa
Bought by
Valdes Noriel and Zamora Matos Lorena
Seller's Agent
Stergia Kalogirou
Coldwell Banker, Allendale/Saddle River Valley
Buyer's Agent
Matthew Rodriguez
Real
List Price
$965,000
Sold Price
$999,999
Premium/Discount to List
$34,999
3.63%
Views
177
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,336
Avg. Annual Appreciation
12.77%
Original Mortgage
$749,250
Outstanding Balance
$745,332
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$323,003
Purchase Details
Closed on
Feb 11, 2003
Sold by
Hoek Roger A
Bought by
Alvarez Ken and Alvarez Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,500
Interest Rate
5.98%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $999,999 | Real Title Agency | |
| Deed | $999,999 | Real Title Agency | |
| Deed | $525,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $749,250 | New Conventional | |
| Closed | $749,250 | New Conventional | |
| Previous Owner | $410,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $999,999 | 0.0% | $641 / Sq Ft | |
| 03/21/2025 03/21/25 | Sold | $999,999 | 0.0% | $641 / Sq Ft | View Prior Sale |
| 03/21/2025 03/21/25 | Sold | $999,999 | +3.6% | $641 / Sq Ft | View Prior Sale |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- | |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- | |
| 02/26/2025 02/26/25 | Pending | -- | -- | -- | |
| 02/13/2025 02/13/25 | For Sale | $965,000 | 0.0% | $619 / Sq Ft | |
| 02/13/2025 02/13/25 | For Sale | $965,000 | 0.0% | $619 / Sq Ft | |
| 02/13/2025 02/13/25 | For Sale | $965,000 | 0.0% | $619 / Sq Ft | |
| 02/03/2025 02/03/25 | Pending | -- | -- | -- | |
| 02/03/2025 02/03/25 | Pending | -- | -- | -- | |
| 02/03/2025 02/03/25 | Pending | -- | -- | -- | |
| 01/15/2025 01/15/25 | For Sale | $965,000 | 0.0% | $619 / Sq Ft | |
| 01/15/2025 01/15/25 | For Sale | $965,000 | 0.0% | $619 / Sq Ft | |
| 01/15/2025 01/15/25 | For Sale | $965,000 | -- | $619 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $9,278 | $516,600 | $317,100 | $199,500 |
| 2024 | $8,937 | $516,600 | $317,100 | $199,500 |
| 2023 | $8,710 | $516,600 | $317,100 | $199,500 |
| 2022 | $8,710 | $516,600 | $317,100 | $199,500 |
| 2021 | $8,586 | $516,600 | $317,100 | $199,500 |
| 2020 | $8,514 | $516,600 | $317,100 | $199,500 |
| 2019 | $8,483 | $516,600 | $317,100 | $199,500 |
| 2018 | $8,395 | $516,600 | $317,100 | $199,500 |
| 2017 | $8,452 | $516,600 | $317,100 | $199,500 |
| 2016 | $8,477 | $516,600 | $317,100 | $199,500 |
| 2015 | $8,260 | $516,600 | $317,100 | $199,500 |
| 2014 | $8,121 | $516,600 | $317,100 | $199,500 |
Source: Public Records
Agents Affiliated with this Home
-
Stergia Kalogirou
-
Matthew Rodriguez
M
Buyer's Agent in 2025
Matthew Rodriguez
Real
(201) 957-3976
3 in this area
14 Total Sales
Map
Source: New Jersey MLS
MLS Number: 25001731
APN: 20-02415-0000-00001
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.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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