NOT LISTED FOR SALE

855 Old Mill Rd Franklin Lakes, NJ 07417

Estimated Value: $1,700,000 - $1,926,975

4 Beds
4.5 Baths
5,408 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 22, 2025

Last sale price $1,725,000 $319 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,328/month

4 Days on Market

Highlights

  • Multiple Fireplaces
  • En-Suite Primary Bedroom
  • Rectangular Lot
  • Ramapo High School Rated A
  • Central Air

About This Home

As of May 2025

Welcome home to this lovely Center Hall Colonial with 4 Oversized Bedrooms, 2 ensuite. Located in desirable Woodside School district and Shadow Lake. Generous and spacious rooms throughout with detailed moldings, coffered ceilings, and freshly painted. Great room off kitchen includes gas fireplace, wet bar and back stairs to 2nd floor. Private 1st floor office with Built-ins and french doors. Primary Bedroom with 2 walk in closets, high ceilings and primary bath. 2nd ensuite Bedroom with private full bath. Bonus Game room with back stairs. Lower level is finished with possible Fitness Room, Rec and Hobby room and full bath! Private fenced back yard with terraced walls, mature landscaping and room for a pool! Close to school and houses of worship

Last Agent to Sell the Property

Laurie Burnette

Prominent Properties Sotheby's International Realty-Franklin Lakes Listed on: 04/09/2025

Prominent Properties Sotheby's International Realty-Franklin Lakes

Last Buyer's Agent

Chris Lane

Compass New Jersey, LLC-Montclair

Compass New Jersey, LLC-Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,434

Lot Details

  • 0.92 Acre Lot
  • Rectangular Lot

Parking

  • 3 Car Garage

Interior Spaces

  • Multiple Fireplaces
  • Gas Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Woodside Elementary School
  • FAMS Middle School
  • Ramapo High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 6 / 2602.

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,434

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Regular
  • View Type:Pond View: None
  • Co List Office Phone: 201-848-4002
  • Outside Inclusions: Ref, Whole house generator, dishwasher, micro, washer/dryer
  • MLS Status: Sold - Sold
  • Directions: Old Mill near woodside
  • Reso Fireplace Features: 2 Fireplaces, Gas
  • Year Built Details: 1990's
  • PropertySubTypeAdditional: Cntr Hl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Primary Bathroom: Yes
  • Basement Remarks: Full Finished, Rec Rm, Fitness Rm, Hobby Rm,Fbath, storage

Exterior Features

  • Pool Features: None
  • Waterfront Features: None
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Clapboard, Stone

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Hot Water, Zoned

Schools

  • Elementary School: Woodside
  • High School: Ramapo, IHHS
  • Middle Or Junior School: FAMS
  • Elementary: Woodside

Lot Info

  • Lot Size Sq Ft: 39988.0

Tax Info

  • Tax Annual Amount: 22434.0
  • Tax Block: 2602.
  • Tax Lot: 6

MLS Schools

  • High School Text: Ramapo, IHHS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 17, 2025
Sold by
Boehm Edward W
Bought by
Salemme Michael and Stelmack Lucas
Seller's Agent
Laurie Burnette
Prominent Properties Sotheby's International Realty-Franklin Lakes
Buyer's Agent
Chris Lane
Compass New Jersey, LLC-Montclair
List Price
$1,699,000
Sold Price
$1,725,000
Premium/Discount to List
$26,000
1.53%
Views
18
Current Estimated Value
$1,775,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,244
Avg. Annual Appreciation
9.39%
Original Mortgage
$1,380,000
Outstanding Balance
$1,375,657
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$399,587

Purchase Details

Closed on
Jul 27, 2018
Sold by
Boehm Kim
Bought by
Boehm Edward W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1998
Sold by
Friedman Antonietta and Friedman Ira
Bought by
Boehm Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.8%
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
Salemme Michael $1,725,000 Old Republic Title
Salemme Michael $1,725,000 Old Republic Title
Boehm Edward W $500,000 --
Boehm Kim $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salemme Michael $1,380,000
Closed Salemme Michael $1,380,000
Previous Owner Boehm Edward W $300,000
Previous Owner Boehm Edward W $510,000
Previous Owner Boehm Edward W $515,000
Previous Owner Boehm Kim $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $1,725,000 +1.5% $319 / Sq Ft
04/16/2025 04/16/25 Off Market $1,699,000 -- --
04/13/2025 04/13/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $1,699,000 -- $314 / 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
2025 $22,434 $1,249,100 $435,700 $813,400
2024 $21,609 $1,249,100 $435,700 $813,400
2023 $21,060 $1,249,100 $435,700 $813,400
2022 $21,060 $1,249,100 $435,700 $813,400
2021 $20,760 $1,249,100 $435,700 $813,400
2020 $20,585 $1,249,100 $435,700 $813,400
2019 $20,510 $1,249,100 $435,700 $813,400
2018 $20,298 $1,249,100 $435,700 $813,400
2017 $20,435 $1,249,100 $435,700 $813,400
2016 $20,498 $1,249,100 $435,700 $813,400
2015 $19,973 $1,249,100 $435,700 $813,400
2014 $19,636 $1,249,100 $435,700 $813,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25011526

New Jersey MLS

APN: 20-02602-11-00006