Single Family Home For Sale in Franklin Lakes, NJ
MLS# : 25010847
PROPERTY DETAILS
PROPERTY DESCRIPTION
Perched nicely upon this super private and spacious 1.18 acre lot with terrific neighborhood views and overlooking Clarks Pond this classic ranch is your perfect opportunity to renovate and expand or build anew in a neighborhood surrounded by newer construction and much higher values. The spacious rooms and conventional layout will allow you to make this blank canvas a warm and welcome home with your personal touch. Hardwood Floors throughout. Heating system and Hot Water Heater are newer. The Skylights and the built in Book Cases in Family Room are a nice touch. Basement holds great potential for future finishing and additional space. The neighborhood is great, the lot is special and the possibilities are endless !!
Amenities
1st Flr Primary Bdrm, Close/School, One Floor Living
This listing is a courtesy of RE/MAX Real Estate Limited
201-599-1100 office, listing agent Geoffrey Gilchrist
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About Franklin Lakes, NJ Real Estate Market
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): | $1,390,809 |
| Homes Sold* (12mo): | 81 |
SINGLE FAMILY HOME SALES
Franklin Lakes, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.729% |
| Effective Tax Rate (2023): | 1.416% |
Similar Listings in Franklin Lakes
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: 04/05/2025 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2025 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
