NOT LISTED FOR SALE

896 Colonial Rd Franklin Lakes, NJ 07417

Estimated Value: $1,811,000 - $2,914,000

5 Beds
5.5 Baths
6,296 Sq Ft
$387/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $1,800,000 $286 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $15,970/month

17 Days on Market

Highlights

  • Second Kitchen
  • Home Theater
  • 2.68 Acre Lot
  • Colonial Road School Rated A-
  • Custom Home
  • Atrium Room

About This Home

As of August 2021

Welcome to this fully updated, ultra luxurious gated estate. Down the long private tree lined paver driveway, highlighted by, torch-like posts this custom home welcomes you. Over the top brick & limestone construction built by master builder for himself. The double bridal staircase greets you as you enter the 2 story foyer and great room showcased by 30' ceilings & a wall of windows. Bonus space at top of stairs is ready for whatever your are dreaming of & can almost double the square footage. Magnificent Salerno kitchen w/second white "prep" kitchen. African Hrdwd., Granite & Marble Floors throughout. First flr. MBR inc. access to deck, lavish MBTH & HUGE, over the top closet. All other BR inc. WIC & en-suites. And lets talk about the biggest basement I've ever seen. Guess you'll have to come by.

Last Agent to Sell the Property

JASON FAILLA

CENTURY 21 THE CROSSING Listed on: 05/17/2021

Last Buyer's Agent

JASON FAILLA

CENTURY 21 THE CROSSING Listed on: 05/17/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,016

Year Built

  • Built in 2005

Lot Details

  • 2.68 Acre Lot
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Direct Access Garage
  • Paver Block

Home Design

  • Custom Home
  • Ranch Style House
  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 6,296 Sq Ft Home
  • High Ceiling
  • Shades
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Game Room
  • Atrium Room
  • Storage Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Bidet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Standard Electricity
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 1120-01203-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,016

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Style: Ranch, Custom Home
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 2005
  • Year Built Description: Approximate
  • County Name: Bergen
  • Exclusions: Chandelier over kitchen table & Chandelier in Great Room
  • Street Number Display: 896
  • Directions: Franklin Lakes rd. to Colonial
  • I D: 5071583
  • Modified: 2022-08-07
  • Number Images: 25
  • First Name: JASON
  • First Name3: JASON
  • Last Name: FAILLA
  • Last Name3: FAILLA
  • Office Phone: 973-227-7000
  • Office Phone3: 973-227-7000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Marble, Tile, Wood
  • Fireplace Description: Family Room, Great Room
  • Number of Fireplaces: 2
  • Appliances: CookGas, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, OvnWElec, Washer
  • Interior Amenities: Bidet, Carbon Monoxide Detector, Fire Extinguisher, High Ceilings, JacuzTyp, Shades, Smoke Detector, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 5
  • Master Bedroom Desc: 1st Floor, Dressing Room, Fireplace, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bathroom Features: Bidet, Jetted Tub, Stall Shower
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full
  • Basement Level Rooms: GameRoom, Media Room, Office, Outside Entrance, Powder Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Second Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Kitchen
  • Other Room1 Level: First
  • Other Room 2: Foyer
  • Other Room2 Level: First
  • Other Room 3: Attic
  • Other Room3 Level: Second
  • Other Room 4: Laundry Room
  • Other Room4 Level: First
  • Level 1 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Breakfast Room, Dining Room, Family Room, GarEnter, Great Room, Kitchen, Laundry Room, Living Room
  • Level 2 Rooms: Atrium, Loft
  • Estimated Sq Ft: 6296
  • Phone: 973-227-7000

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Deck, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Loft Storage
  • Number Garage Spaces: 3
  • Number Parking Spaces: 10
  • Parking Driveway Description: 2 Car Width, Paver Block

Utilities

  • Cooling: Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater, Multi-Zone
  • Sewer: Septic
  • Utilities: Electric, Gas-Natural
  • Water: Well
  • Water Heater: From Furnace

Lot Info

  • Lot Size: 2.679 AC
  • Assessed Improvement Value: 1142900
  • Assessed Land Value: 557100
  • Assessment: 1700000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.68

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 28016
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1120-01203-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.648
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Autumn Group Llc
Bought by
Chipiga Katrina
Current Estimated Value
$2,439,659

Purchase Details

Listed on
May 17, 2021
Closed on
Aug 6, 2021
Sold by
Gelvan Mark and Gelvan Lina
Bought by
Singh Yadvinder and Kaur Loveleen
Seller's Agent
JASON FAILLA
CENTURY 21 THE CROSSING
Buyer's Agent
JASON FAILLA
CENTURY 21 THE CROSSING
List Price
$1,899,000
Sold Price
$1,800,000
Premium/Discount to List
-$99,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$1,350,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2018
Sold by
Est Sinagra Salvatore and Campbell Ex Fortunata
Bought by
Gelvan Lina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2001
Sold by
Estate Of Lydia C Arciszewski
Bought by
Sinagra Salvatore and Sinagra Gaetana

Purchase Details

Closed on
Oct 20, 2000
Bought by
Arciszewski Lydia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500
Interest Rate
7.88%

Purchase Details

Closed on
May 14, 1999
Sold by
Arciszewski Lydia C and Arciszewski Henry E
Bought by
Arciszewski Lydia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.85%
Mortgage Type
Stand Alone First
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
Chipiga Katrina $3,400,000 Grandview Title
Singh Yadvinder $1,800,000 Catic Title
Gelvan Lina $1,450,000 --
Sinagra Salvatore $500,000 --
Arciszewski Lydia C -- --
Arciszewski Lydia C -- --
Arciszewski Lydia C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Yadvinder $1,350,000
Previous Owner Gelvan Lina $1,160,000
Previous Owner Arciszewski Lydia C $10,500
Previous Owner Arciszewski Lydia C $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $1,800,000 -5.2% $286 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $1,899,000 -- $302 / Sq Ft
Source: Garden State 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 $32,125 $1,788,700 $557,100 $1,231,600
2024 $29,410 $1,788,700 $557,100 $1,231,600
2023 $28,662 $1,700,000 $557,100 $1,142,900
2022 $28,662 $1,700,000 $557,100 $1,142,900
2021 $28,254 $1,700,000 $557,100 $1,142,900
2020 $28,016 $1,700,000 $557,100 $1,142,900
2019 $27,914 $1,700,000 $557,100 $1,142,900
2018 $35,750 $2,200,000 $557,100 $1,642,900
2017 $35,992 $2,200,000 $557,100 $1,642,900
2016 $36,102 $2,200,000 $557,100 $1,642,900
2015 $35,178 $2,200,000 $557,100 $1,642,900
2014 $34,584 $2,200,000 $557,100 $1,642,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3712806

Garden State MLS

APN: 20-01203-0000-00002