Single Family Home For Sale in Franklin Lakes, NJ

MLS# : 24036311

Street : 878 Ridge View Way
Price : $2,489,250
Town : Franklin Lakes, NJ 07417
Annual Taxes : $34,219

PROPERTY DETAILS

# of Rooms : 14
Bedrooms : 6
Full Baths : 5
Half Baths : 1
Basement : Finished, Full, Grd Lv Acces
Garage : Attached
Year Built : 1990's
Lot Size : Cul-de-sac
Style : Colonial
Exterior : Brick
Heat/Cool : Baseboard, Gas, Multi-Zone

PROPERTY DESCRIPTION

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.

Amenities

This listing is a courtesy of R2M Realty, Inc.
(845) 358-2000 office, listing agent Kenyatta Jones-Arietta

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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