Single Family Home For Sale in Franklin Lakes, NJ

MLS# : 24016448

Street : 314 Freemans Lane
Price : $2,345,000
Town : Franklin Lakes, NJ 07417
Annual Taxes : $30,989

PROPERTY DETAILS

# of Rooms : 13
Bedrooms : 4
Full Baths : 3
Half Baths : 3
Basement : Finished, Full
Garage : Attached, Gar Opener
Year Built : 1980's, Renovated
Lot Size : Regular
Style : Colonial
Exterior : Mason/stucco
Heat/Cool : Baseboard, Gas, Hot Air, Radiant, Multi-Zone

PROPERTY DESCRIPTION

Alice in Wonderland would delight in this decadent, whimsical and incredibly beautiful home! From the awe-inspiring greatrooms to the cozy, floor to ceiling mahogany office w/ FP, to the culinary chef's dream kitchen with 4 Viking ovens, 2 dishwashers, 4 sinks, wine fridge, warming drawers and pantry, then onward to the bright, sunlit turret garden room and out the double doors to the fantasy backyard with kitchen, deck and dream pool w/ waterfall & spa; you'll agree this is one special luxury estate! Over 9,500 sq.' including a finished lower level with full kitchen, gallery, game room, temp. controlled wine storage for 2,250 bottles and an indoor cabana. Pristine, mature landscape, 2 driveways, 3 car garage, full house security system, indoor/outdoor sound system, walls hand painted by artisans and specialty lighting throughout the home. Only 25 miles to NYC and yet a world away. Be sure to 'walk through the looking glass' and view the Virtual Tour...don't miss this one!

Amenities

Life Style :

Extended Family

This listing is a courtesy of Prominent Properties Sotheby's International Realty-Franklin Lakes
(201) 848-4002 office, listing agent Lynne Bigica

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Franklin Lakes, NJ Real Estate Market

A large borough spread over 9.88 square miles, Franklin Lakes is one of the most well-to-do boroughs in Bergen County in New Jersey. Franklin Lakes shares its borders with multiple boroughs from different counties, such as Oakland, Mahwah and Wyckoff from Bergen County and Wayne and North Haledon from the Passaic County.

The borough of Franklin Lakes was founded in 1922 from the portions of Franklin Township under the act of the New Jersey Legislature. The town is named after Benjamin Franklin’s son, William Franklin, who was the last colonial governor of New Jersey.

Currently home to around 10,500 people, Franklin Lakes is one of the highest-income communities from Bergen County. The residents of the borough have a median household income of $160,000. Franklin Lakes is home to Becton Dickinson, one of the Fortune 500 companies in the world. It also has the headquarters of Medco Health Solutions. Several reality TV shows, such as The Real Housewives of New Jersey, My Super Sweet 16 and My Big Fat Fabulous Wedding, were shot in Franklin Lakes.

The borough of Franklin Lakes has many water bodies and places, which make the place look beautiful, such as Blauvelt Lakes, Bakers Pond, Ferdinands Mills, Campgaw, Crystal Lakes, Hopper Lake, Shadow Lake and Pulis Mills. You can contact New Jersey real estate agents for finding homes at a close proximity to these lakes.
Population:  10,590
Total Housing Units:  3,692
Single Family Homes:  3,452
General Tax Rate (2023):  1.729%
Effective Tax Rate (2023):  1.416%
Compare To Other Towns

Franklin Lakes Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,394,771
Homes Sold* (12mo):  80
PRICE INDEX
SINGLE FAMILY HOME SALES

Franklin Lakes, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  1.729%
Effective Tax Rate (2023):  1.416%
GENRAL TAX RATE - Franklin Lakes, NJ



The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 12/22/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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