$2,133,000
SOLD MAR 27, 2025

878 Ridge View Way Franklin Lakes, NJ 07417

6 Beds
5.5 Baths
6,764 Sq Ft
1.73 Acres

Recently Sold

$315 Per Sq Ft

14% Below List Price

92 Days on Market

Highlights

  • Gunite Pool
  • Cul-De-Sac
  • En-Suite Primary Bedroom
  • Ramapo High School Rated A
  • Stairway
  • Central Air

About This Home

As of March 2025

Experience luxury in this custom-built 6,000+ sq. ft. brick home with 6 bedrooms, 5.5 baths, and a stately facade with classic corner quoins and a grand arched central window. The double-door entry opens to an impressive double-height foyer with gleaming marble floors and an elegant imperial staircase with walnut-stained balustrades. A beautiful chandelier completes this grand entrance. Inside, discover an oversized granite kitchen, octagonal sunroom, formal dining room, a stately office, and a cozy sitting room with a fireplace. For entertainment, enjoy a private theater, game room, gym, and spacious 4-car garage. The expansive primary suite offers two walk-in closets and a stunning marble bath. Outside, unwind on the stone patio, in the saltwater pool and spa, or on the rooftop deck with panoramic views. The open-air colonnade and vibrant perennial gardens add a resort-like feel to this exceptional home. Every detail enhances luxury & tranquility step inside and make it yours.

Last Agent to Sell the Property

Kenyatta Jones-Arietta

R2M Realty, Inc. Listed on: 11/13/2024

Co-Listed By

Lynn Brescia

Coldwell Banker, Wyckoff/Franklin Lakes

Last Buyer's Agent

Michael Todaro

Serhant New Jersey LLC

Serhant New Jersey LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,219

Lot Details

  • 1.73 Acre Lot
  • Cul-De-Sac

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • Gunite Pool
  • Outdoor Pool

Schools

  • Woodside Ave Elementary School
  • Franklin Ave Middle School
  • Ramapo/Indian Hills High School

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Stairway

Listing and Financial Details

  • Legal Lot and Block 00002 / 01501

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,219

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • View Type:Pond View: West
  • Co List Office Mls Id: 63608
  • Co List Office Phone: (845) 358-2000
  • MLS Status: Sold - Sold
  • Directions: Pulis Ave, Rt on Shadow Ridge Way to Trailing Ridge Rd Lt to Winton Gait Ln Rt to Ridge View
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1990's
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Grd Lv Acces
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Primary Bathroom: Yes
  • Basement Remarks: Full, Media RM, FR, OFC, BR, FB

Exterior Features

  • Pool Features: Gunite, Outdoor Pool
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller's Agent
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 4.0

Utilities

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

Schools

  • Elementary School: Woodside Ave
  • High School: Ramapo/Indian Hills
  • Middle Or Junior School: Franklin Ave
  • Elementary: Woodside Ave

Lot Info

  • Lot Size Sq Ft: 75315.0

Tax Info

  • Tax Annual Amount: 34219.0
  • Tax Block: 01501
  • Tax Lot: 00002

MLS Schools

  • High School Text: Ramapo/Indian Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Mar 18, 2025
Sold by
Mulugeta Zewditu and Akisanya Olayinka
Bought by
Maide Steven and Maide Carly
Seller's Agent
Kenyatta Jones-Arietta
R2M Realty, Inc.
Buyer's Agent
Michael Todaro
Serhant New Jersey LLC
List Price
$2,489,250
Sold Price
$2,133,000
Premium/Discount to List
-$356,250
-14.31%
Views
284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.41%
Original Mortgage
$1,706,400
Outstanding Balance
$1,704,618
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$416,440

Purchase Details

Listed on
Jul 26, 2021
Closed on
Oct 20, 2021
Sold by
Gandler Mark and Gandler Irene
Bought by
Akisanya Olayinka and Mulugeta Zewditu
Seller's Agent
Lynn Yakimik
Terrie O'Connor Realtors-Wyckoff
Buyer's Agent
Kenyatta Jones-Arietta
R2M Realty, Inc.
List Price
$2,099,000
Sold Price
$2,099,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%
Original Mortgage
$1,784,150
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Ruiz Glenn M
Bought by
Gandler Mark and Gandler Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.54%

Purchase Details

Closed on
Apr 8, 1994
Sold by
Torres Dennis
Bought by
Ruiz Glen and Ruiz Edith
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,133,000 Dynamic Title
Deed $2,099,000 Sunnyside Title Agency Llc
Deed $1,800,000 --
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,706,400 New Conventional
Previous Owner $1,784,150 New Conventional
Previous Owner $605,500 Unknown
Previous Owner $727,250 Unknown
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $2,133,000 +6.7% $315 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 Off Market $1,999,900 -- --
02/06/2025 02/06/25 Pending -- -- --
01/10/2025 01/10/25 Price Changed $1,999,900 -19.7% $296 / Sq Ft
11/13/2024 11/13/24 For Sale $2,489,250 +18.6% $368 / Sq Ft
11/03/2021 11/03/21 Sold $2,099,000 0.0% $310 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $2,099,000 -- $310 / 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 $32,962 $1,905,300 $545,800 $1,359,500
2023 $32,123 $1,905,300 $545,800 $1,359,500
2022 $32,123 $1,905,300 $545,800 $1,359,500
2021 $31,666 $1,905,300 $545,800 $1,359,500
2020 $31,399 $1,905,300 $545,800 $1,359,500
2019 $31,285 $1,905,300 $545,800 $1,359,500
2018 $30,961 $1,905,300 $545,800 $1,359,500
2017 $31,171 $1,905,300 $545,800 $1,359,500
2016 $31,266 $1,905,300 $545,800 $1,359,500
2015 $30,466 $1,905,300 $545,800 $1,359,500
2014 $29,951 $1,905,300 $545,800 $1,359,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24036311

New Jersey MLS

APN: 20-01501-01-00002