NOT LISTED FOR SALE

725 Natures Way Franklin Lakes, NJ 07417

Estimated Value: $1,423,896 - $1,627,000

4 Beds
4 Baths
4,772 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $1,350,000 $283 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,826/month

157 Days on Market

Highlights

  • Heated In Ground Pool
  • 102,932 Sq Ft lot
  • En-Suite Primary Bedroom
  • Woodside Avenue Elementary School Rated 10
  • Views to the North
  • Central Air

About This Home

As of June 2023

This gracious Manor home is situated on 2.36 acres of prime property in Franklin Lakes The approach is via a circular drive, the lot is magnificent with many flowering trees and plantings. The rear of the property features a beautiful Gunite heated pool & spa, large deck and patio. Entertaining family and friends would be a pleasure as the area is much like a private country club. A grand 2 story Foyer welcomes you to the home. The first floor features a front to back Living room, formal Dining room, & Kitchen with separate dining area; all overlooking the rear property, Great Hall with vaulted ceiling, a magnificent stone fireplace, Den or home office, laundry & full bath complete the first floor. 2nd floor 4 large size bedrooms & two baths, the lower level is finished and features a Sauna, Hot tub, and another full bath. This Happy home is awaiting its next owner. call Sharif 973-423-0014

Last Agent to Sell the Property

Sharif Elatab

Coldwell Banker, Ridgewood Listed on: 11/06/2022

Coldwell Banker, Ridgewood

Last Buyer's Agent

Jeff Vandermolen

Terrie O'Connor Realtors-Wyckoff

Terrie O'Connor Realtors-Wyckoff

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,181

Year Built

  • 1974

Lot Details

  • 2.36 Acre Lot
  • Irregular Lot

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Views to the North
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Legal Lot and Block 00023 / 01504

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,181

Year Built

1974

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: North, West
  • Co List Office Phone: 201-445-9400
  • MLS Status: Sold - Sold
  • Directions: ranklin to Iron Latch to Natures Way
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1970's,Build Prior to 1978
  • PropertySubTypeAdditional: Manor
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: FULL FINISHED, SAUNA, HOT TUB, B/SS, OE PATIO

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Exclusions: Refrigerator
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned

Lot Info

  • Lot Dimensions: 102932
  • Lot Size Sq Ft: 102932.0

Tax Info

  • Tax Annual Amount: 19181.0
  • Tax Block: 01504
  • Tax Lot: 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Feb 12, 2016
Sold by
Mattei Jon and Estate Of John Mattei
Bought by
Alkayat Mohamed F and Alyaghchi Samar
Seller's Agent
DONNA WATSON
COLDWELL BANKER REALTY WYK
Buyer's Agent
KHODR ELATAB
COLDWELL BANKER REALTY RDG
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Total Days on Market
157
Current Estimated Value
$1,537,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,974
Avg. Annual Appreciation
5.33%
Original Mortgage
$550,000
Outstanding Balance
$442,292
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$1,095,682
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alkayat Mohamed F $950,000 Us Title Solutions Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alkayat Mohamed F $550,000
Previous Owner Mattei John $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $1,350,000 -3.6% $283 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
11/06/2022 11/06/22 For Sale $1,399,999 +47.4% $293 / Sq Ft
02/19/2016 02/19/16 Sold $950,000 -4.9% $199 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $999,000 -- $209 / 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 $19,966 $1,154,100 $492,200 $661,900
2023 $19,458 $1,154,100 $492,200 $661,900
2022 $19,458 $1,154,100 $492,200 $661,900
2021 $19,181 $1,154,100 $492,200 $661,900
2020 $19,020 $1,154,100 $492,200 $661,900
2019 $18,950 $1,154,100 $492,200 $661,900
2018 $18,754 $1,154,100 $492,200 $661,900
2017 $18,881 $1,154,100 $492,200 $661,900
2016 $18,939 $1,154,100 $492,200 $661,900
2015 $18,204 $1,154,100 $492,200 $661,900
2014 $17,892 $1,154,100 $492,200 $661,900
Source: Public Records

Agents Affiliated with this Home

  • Sharif Elatab

    Seller's Agent in 2023

    Sharif Elatab

    Coldwell Banker, Ridgewood

    (973) 423-0014

    2 in this area

    24 Total Sales

    Sharif Elatab
    Section Image
  • Jeff Vandermolen

    Buyer's Agent in 2023

    Jeff Vandermolen

    Terrie O'Connor Realtors-Wyckoff

    (201) 290-2103

    4 in this area

    164 Total Sales

    Jeff Vandermolen
    Section Image

  • D

    Seller's Agent in 2016

    DONNA WATSON

    COLDWELL BANKER REALTY WYK

  • K

    Buyer's Agent in 2016

    KHODR ELATAB

    COLDWELL BANKER REALTY RDG

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Map

Source: New Jersey MLS

MLS Number: 22040004

New Jersey MLS

APN: 20-01504-03-00023

New Jersey Bergen County Franklin Lakes 07417

725 Natures Way, Franklin Lakes, NJ

This home is located at 725 Natures Way, Franklin Lakes, NJ 07417 since 06 November 2022 and is currently estimated at $1,537,974, approximately $322 per square foot. This property was built in 1974. 725 Natures Way is a home located in Bergen County with nearby schools including Woodside Avenue Elementary School, Franklin Avenue Middle School, and Indian Hills High School.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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