Single Family Home For Sale in Oakland, NJ

MLS# : 24037633

Street : 109 Franklin Avenue
Price : $499,900
Town : Oakland, NJ 07436
Annual Taxes : $12,420

PROPERTY DETAILS

# of Rooms : 10
Bedrooms : 2
Full Baths : 1
Half Baths : 2
Basement : Unfinished
Garage : Attached
Year Built : 1900-1939
Lot Size : Corner Lot
Style : Colonial
Exterior : Clapboard, Stone Faced
Heat/Cool : Baseboard, Gas

PROPERTY DESCRIPTION

This property offers a rare blend of historical character & modern potential, making it an exciting prospect for those willing to undertake some renovations. With thoughtful planning & compliance checks, this could become a beautiful, one-of-a-kind home at an affordable price. Featuring charming fieldstone & elegant stained glass windows, building operates as a nonconforming medical facility within a residential zone. As per town, converting from commercial to residential does not require a variance. The 1st floor, which currently houses two powder rooms, needs reconfiguration to create a functional LR, DR & kitchen. Upstairs, the 2nd floor boasts lovely HW, 4 rooms & full bath. The unfin basement holds the mechanical systems and is for storage only. Amenities:2-car garage,deck, recessed lts, C/A, and replaced windows, newer septic and water heater. The commercial septic system, should be reviewed with the town to ensure it meets residential requirements.

Amenities

This listing is a courtesy of Keller Williams Village Square Realty - Wyckoff
(201) 891-2111 office, listing agent Nekije Rizvani

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 Oakland, NJ Real Estate Market

Created under an act of the New Jersey Legislature in 1902 from the portions of Franklin Township, Oakland is a suburb of New York City and a small borough in Bergen County of New Jersey state. With a total area of 8.77 square miles, Oakland has around 13,000 people living within it. The borough shares its boundaries with other boroughs like Mahwah and Franklin Lakes from Bergen County and Pompton Lakes, Wayne, Wanaque and Ringwood from Passaic County.

Since there are a lot of white oak trees in the territory of the borough, it got its name Oakland (the land of oak trees). There is a section in the borough of Oakland, in which the streets are named after the Native American first names and tribes.

The start of New Jersey real estate in Oakland began with the construction of Van Allen House in 1748, which served as a stop for George Washington and his troops in 1977. Another summer bungalow colony was developed in a valley on the Ramapo River between the 1940s and 1960s, which is currently serving as second homes for families from New York and urban New Jersey to escape from the brunt of summer heat.
Population:  12,754
Total Housing Units:  4,470
Single Family Homes:  4,410
General Tax Rate (2023):  2.374%
Effective Tax Rate (2023):  2.164%
Compare To Other Towns

Oakland Market Indicators

PRICE INDEX

Average Price* (12mo):  $641,689
Homes Sold* (12mo):  132
PRICE INDEX
SINGLE FAMILY HOME SALES

Oakland, 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):  2.374%
Effective Tax Rate (2023):  2.164%
GENRAL TAX RATE - Oakland, 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: 12/21/2024 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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