NOT LISTED FOR SALE

8 Silver Rock Way Franklin Lakes, NJ 07417

Estimated Value: $1,779,439 - $2,118,000

3 Beds
4 Baths
-- Sq Ft
2,134 Sq Ft Lot

Last Sold September 29, 2021

Last sale price $1,400,000

Est. 37% increase in value since last sale

Current estimated payment $12,461/month

179 Days on Market

Highlights

  • Views to the North
  • Property is near a park
  • Community Pool
  • High Mountain Road Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of September 2021

Available Immediately! The Reserve at Franklin Lakes is one of Bergen County's most sought out communities. The newly designed, exquisitely crafted Kinkade model has a graceful curved staircase that complements the study w/ French doors and the impressive two-story dining room. The open floor plan features a magnificent gourmet kitchen with a large center island that overlooks the light-filled great room with cathedral ceiling. The spacious first-floor primary bedroom suite boasts a large primary bath with a dressing area, walk-in closets, and a luxurious shower. Other highlights include a second-floor overlook, an expansive loft for versatile living space, and 2 secondary bedrooms with walk-in closets. One of the secondary bedrooms features a cathedral ceiling. The full basement has a large finished rec room with half bath and a large storage/utility room. Come see why everyone is moving here!

Last Agent to Sell the Property

Patricia Pollio

Toll Brothers Real Estate, Inc Listed on: 03/21/2021

Toll Brothers Real Estate, Inc

Last Buyer's Agent

Lawrence Schumann

Christie's International Real Estate Group-Franklin Lakes

Christie's International Real Estate Group-Franklin Lakes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,000

Year Built

  • 2021

Lot Details

  • Sprinkler System

Property Views

  • Views to the North
  • Views to the West

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Storage
  • Washer and Dryer Hookup
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Playground

Location

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 022003405 000010134

Community Details

Overview

  • $547 Maintenance Fee
  • Maintenance fee includes Clubhouse amenities, common area landscaping, snow removal, garbage & sewer
  • Association Phone (973) 267-9000
  • Property managed by Taylor Mgt

Amenities

  • Common Area
  • Recycling

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,000

Year Built

2021

Lot Details

0

Listing Details

  • Property Short: CCT
  • Sub-Style: Townhouse
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, 1st Flr Mbdrm
  • Views/Exposure: North, West
  • Year Built (Public Record): New Construction-New Foundation
  • Miscellaneous: Basement, Hdwd As In, Patio/Deck, WW/Carpet As In
  • Model Line: Kinkade
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances Included: Cntr Top Rng, Dishwasher, Disposal, Microwave, Wall Oven
  • Stairs in unit: Y
  • Fireplace: 1 Fireplace, Gas
  • Bedrooms: 3
  • Total Bathrooms: 2.20
  • Primary Bathroom: Y
  • Full Bathrooms: 2
  • Partial Bathroom: 2
  • Basement: Finished, Full, Storage
  • Basement: Finished Recreation area, powder room & utility room
  • Laundry: Hook Ups

Exterior Features

  • Waterfront: None

Garage/Parking

  • Garage: Attached, Gar Opener

Utilities

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

Association/Amenities

  • Maintenance Charges: 547.00
  • Maintenance Included Description: Clubhouse amenities, common area landscaping, snow removal, garbage & sewer
  • Mgmt Company: Taylor Mgt
  • Management Phone: (973) 267-9000

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00001
  • Lot Dimensions: 0
  • Lot Suffux: 0134

Rental Info

  • Pets: Pets Ok

Tax Info

  • Tax: 19000
  • Assessor Parcel Number: 022003405 000010134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2022
Sold by
Toll Nj Xii Lp
Bought by
Toll Nj Xii Lp
Total Days on Market
179
Current Estimated Value
$1,918,610

Purchase Details

Listed on
Mar 21, 2021
Closed on
Oct 14, 2021
Sold by
Toll Nj Xii Lp
Bought by
Given Not
Seller's Agent
Patricia Pollio
Toll Brothers Real Estate, Inc
Buyer's Agent
Lawrence Schumann
Christie's International Real Estate Group-Franklin Lakes
List Price
$1,467,515
Sold Price
$1,400,000
Premium/Discount to List
-$67,515
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

Purchase Details

Listed on
Mar 21, 2021
Closed on
Sep 20, 2021
Sold by
Toll Nj Xii Lp
Bought by
Krause John A and Krause Carolyn
Seller's Agent
Patricia Pollio
Toll Brothers Real Estate, Inc
Buyer's Agent
Lawrence Schumann
Christie's International Real Estate Group-Franklin Lakes
List Price
$1,467,515
Sold Price
$1,400,000
Premium/Discount to List
-$67,515
-4.6%
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
Toll Nj Xii Lp -- Li Christine F
Given Not -- None Listed On Document
Krause John A $1,400,000 Westminster Abstract Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $1,400,000 -5.0% --
09/16/2021 09/16/21 Pending -- -- --
08/27/2021 08/27/21 Price Changed $1,473,943 -1.7% --
07/30/2021 07/30/21 Price Changed $1,498,943 -0.9% --
07/17/2021 07/17/21 Price Changed $1,512,994 +1.1% --
07/09/2021 07/09/21 Price Changed $1,497,244 -1.7% --
07/01/2021 07/01/21 Price Changed $1,522,994 +0.9% --
06/26/2021 06/26/21 Price Changed $1,509,090 -0.7% --
05/27/2021 05/27/21 Price Changed $1,519,090 +0.6% --
05/14/2021 05/14/21 Price Changed $1,509,840 +0.5% --
04/16/2021 04/16/21 Price Changed $1,502,515 +1.0% --
04/09/2021 04/09/21 Price Changed $1,487,475 +1.4% --
03/21/2021 03/21/21 For Sale $1,467,515 -- --
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 $20,788 $1,201,600 $250,000 $951,600
2023 $20,259 $1,201,600 $250,000 $951,600
2022 $4,215 $250,000 $250,000 $0
2021 $4,155 $250,000 $250,000 $0
2020 $4,120 $250,000 $250,000 $0
2019 $4,105 $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 21010104

New Jersey MLS

APN: 20-03405-0000-00001-0000-C0134