Single Family Home For Sale in Franklin Lakes, NJ

MLS# : 24035224

Street : 263 Arbor Road
Price : $1,699,000
Town : Franklin Lakes, NJ 07417
Annual Taxes : $17,043

PROPERTY DETAILS

# of Rooms : 10
Bedrooms : 3
Full Baths : 2
Half Baths : 1
Basement : Full
Garage : Attached, Gar Opener
Year Built : 1960's
Lot Size : Irregular
Style : Ranch
Exterior : Brick
Heat/Cool : Baseboard, Gas

PROPERTY DESCRIPTION

Welcome to this beautifully expansive ranch in the highly sought-after Shadow Lakes community of Franklin Lakes! Step inside to a warm and inviting foyer, seamlessly connecting the spacious living areas and bedroom wing. This home charms with hardwood floors beneath the carpets, a cozy living room complete with a wood-burning fireplace, and an elegant formal dining room. The generous kitchen with a bright breakfast nook flows into a cozy den, while a versatile second-floor bonus room is perfect for a great room, office, rec room, or even a fourth bedroom.This home is deceivingly large, with an impressive full basement that offers endless possibilities. Imagine creating your dream gym, game room, entertainment hub, or even a private home theater. With abundant space and endless potential, this home is ready for your personal touches to make it truly yours. Don't miss this exceptional opportunity!

Amenities

Life Style :

Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, 1st Flr Primary Bdrm

This listing is a courtesy of Coldwell Banker, Kinnelon/Butler
(973) 838-9300 office, listing agent Barbara Pagella

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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