NOT LISTED FOR SALE

624 Franklin Lake Rd Franklin Lakes, NJ 07417

Estimated Value: $1,230,485 - $1,358,000

4 Beds
3.5 Baths
33,977 Sq Ft
$38/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $801,000 $24 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,917/month

90 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Marble Flooring
  • High Mountain Road Elementary School Rated A-
  • Recreation Room
  • Jetted Tub in Primary Bathroom

About This Home

As of December 2020

Welcome home to this beautifully expanded Victorian style Colonial in sought after Franklin Lakes, set on over 3/4 of an acre of park-like property. Upon arrival, you are greeted by the picturesque wrap around covered front porch featuring walnut flooring. A grand 2 story entry foyer with chandelier and marble floor leads you to a sunny open floor plan boasting an updated kitchen with breakfast bar a very spacious great room with a massive fireplace and glass doors that lead to the patio.The open staircase to the second floor reveals 3 lg BR with ample closets, a full bath and a stunning master suite featuring vaulted ceilings, a huge walk-in closet and a master bath with Jacuzzi tub and double vanities. Not to be forgotten is the huge full finished basement offering a home office, and full bathroom.

Last Agent to Sell the Property

Christopher Tarta

EXP REALTY, LLC Listed on: 06/20/2020

EXP REALTY, LLC

Co-Listed By

SEAN ESPINOSA

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,723

Year Built

  • Built in 1930

Lot Details

  • 0.78 Acre Lot
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 33,977 Sq Ft Home
  • High Ceiling
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Septic System

Community Details

  • $17 Other Monthly Fees

Listing and Financial Details

  • Assessor Parcel Number 1120-03207-0000-00001-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,723

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial, Victorian
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: All personal property.
  • Directions: Franklin Lakes Road near Ewing Avenue
  • I D: 4992878
  • First Name: CHRISTOPHER
  • First Name2: SEAN
  • First Name3: UNKNOWN
  • Last Name: TARTA
  • Last Name2: ESPINOSA
  • Last Name3: AGENT
  • Office Phone: 201-891-0904
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Wood
  • Fireplace Description: Great Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Central Vacuum, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, High Ceilings, Smoke Detector, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, Office, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen, Pantry
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Attic
  • Other Room1 Level: Third
  • Other Room 2: Laundry Room
  • Other Room2 Level: First
  • Other Room 3: Office
  • Other Room3 Level: First
  • Other Room 4: Storage Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Bath(s) Other, Den, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Office, Pantry, Porch, SittngRm
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic
  • Estimated Sq Ft: 33977
  • Phone: 866-201-6210

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Enclosed Porch(es), Patio, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Multi-Zone
  • Sewer: Septic
  • Utilities: Gas-Natural
  • Water: Well

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 200

Lot Info

  • Lot Size: .78AC
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.78

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 11723
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-03207-0000-00001-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.642
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Nov 11, 2020
Sold by
Musella Joseph R and Musella Angela R
Bought by
Collins Louis H and Smith Collins Nordia
Seller's Agent
Christopher Tarta
EXP REALTY, LLC
List Price
$949,000
Sold Price
$801,000
Premium/Discount to List
-$148,000
-15.6%
Current Estimated Value
$1,297,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,871
Avg. Annual Appreciation
10.28%
Original Mortgage
$640,800
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2007
Sold by
Cosenza Anthony J
Bought by
Musella Joseph R and Musella Angela R

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
6.14%

Purchase Details

Closed on
Jun 15, 1994
Sold by
Schiano Arry
Bought by
Cossenza Anthony and Cossenza Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.51%
Source: Public Records

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
Collins Louis H $801,000 Adams Abstract Llc
Musella Joseph R $847,000 --
Cossenza Anthony $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Louis H $640,800
Previous Owner Musella Joseph R $417,000
Previous Owner Cossenza Anthony $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $801,000 -8.9% $24 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $879,000 -7.4% $26 / Sq Ft
06/20/2020 06/20/20 For Sale $949,000 -- $28 / 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
2025 $12,926 $719,700 $320,400 $399,300
2024 $12,451 $719,700 $320,400 $399,300
2023 $12,134 $719,700 $320,400 $399,300
2022 $12,134 $719,700 $320,400 $399,300
2021 $11,867 $714,000 $320,400 $393,600
2020 $11,767 $714,000 $320,400 $393,600
2019 $11,724 $714,000 $320,400 $393,600
2018 $11,603 $714,000 $320,400 $393,600
2017 $11,681 $714,000 $320,400 $393,600
2016 $11,717 $714,000 $320,400 $393,600
2015 $11,417 $714,000 $320,400 $393,600
2014 $11,224 $689,000 $320,400 $368,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3642832

Garden State MLS

APN: 20-03207-0000-00001