NOT LISTED FOR SALE

859 Summit Ave Franklin Lakes, NJ 07417

Estimated Value: $1,099,000 - $1,698,000

3 Beds
2.5 Baths
4,257 Sq Ft
$313/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2025

Last sale price $1,210,000 $284 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,149 / mo

12 Days on Market

Highlights

  • En-Suite Primary Bedroom
  • Central Air
  • Baseboard Heating
  • Colonial Road School Rated A-

About This Home

As of January 2025

Welcome to your dream home in Franklin Lakes! This expanded ranch features 3 bedrooms and 2.5 baths, nestled on over one acre of serene property. As you enter, you're greeted by a foyer leading to a bright living room with French doors opening to a cozy 3-season porch. The formal dining room flows into a light-filled eat-in kitchen with an island and spacious dining area, seamlessly connecting to a large family room with a fireplace. Both the dining area and family room provide access to the lovely yard and patio. The east wing boasts a primary suite with a private bath, two additional bedrooms, and a second full bath. For added convenience, you'll find a half bath and laundry room leading to a 2-car garage, and ample storage in the walk-up attic and unfinished basement. Located with easy access to major roads, this home is a fantastic opportunity to enjoy all that Bergen County has to offer. Home is ready for expansion with a 5-bedroom septic. This home is being sold as-is.

Last Agent to Sell the Property

Gina Sollitto

Terrie O'Connor Realtors-Wyckoff Listed on: 11/07/2024

Terrie O'Connor Realtors-Wyckoff

Last Buyer's Agent

Gina Sollitto

Terrie O'Connor Realtors-Wyckoff Listed on: 11/07/2024

Terrie O'Connor Realtors-Wyckoff

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,875

Lot Details

  • 1.06 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 00003 / 01309

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,875

Lot Details

1.06 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Ranch
  • ResoLotFeatures: Irregular Lot
  • View Type:Pond View: West
  • Co List Office Phone: 201-825-0500
  • MLS Status: Sold - Sold
  • Directions: Colonial to Summit or High Mountain to Summit
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1940's,Renovated,Build Prior to 1978
  • PropertySubTypeAdditional: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Primary Bathroom: Yes
  • Basement Remarks: FULL UNFINISHED

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Exclusions: KITCHEN REFRIGERATOR
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas

Lot Info

  • Lot Size Sq Ft: 46086.0

Tax Info

  • Tax Annual Amount: 12875.0
  • Tax Block: 01309
  • Tax Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Jan 13, 2025
Sold by
Roberts Barbara and Roberts George M
Bought by
859 Summit Avenue Llc
Seller's Agent
Gina Sollitto
Terrie O'Connor Realtors-Wyckoff
Buyer's Agent
Gina Sollitto
Terrie O'Connor Realtors-Wyckoff
List Price
$925,000
Sold Price
$1,210,000
Premium/Discount to List
$285,000
30.81%
Views
76
Current Estimated Value
$1,330,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,622
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
May 5, 2006

Purchase Details

Closed on
Aug 12, 1993
Sold by
Bonanno Eva and Bonanno Santo J
Bought by
Roberts Barbara
Source: Public Records
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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
859 Summit Avenue Llc $1,210,000 Empire Title
859 Summit Avenue Llc $1,210,000 Empire Title
-- -- --
Roberts Barbara $220,000 --
Bonanno Eva -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2025 01/22/25 Sold $1,210,000 +30.8% $284 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $925,000 -- $217 / Sq Ft
Source: New Jersey MLS

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 $13,716 $763,700 $466,300 $297,400
2024 $13,212 $763,700 $466,300 $297,400
2023 $12,626 $763,700 $466,300 $297,400
2022 $12,876 $763,700 $466,300 $297,400
2021 $12,079 $763,700 $466,300 $297,400
2020 $12,586 $763,700 $466,300 $297,400
2019 $12,540 $763,700 $466,300 $297,400
2018 $12,410 $763,700 $466,300 $297,400
2017 $12,494 $763,700 $466,300 $297,400
2016 $12,532 $763,700 $466,300 $297,400
2015 $11,962 $763,700 $466,300 $297,400
2014 $11,755 $763,700 $466,300 $297,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24035746

New Jersey MLS

APN: 20-01309-0000-00003-01

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