2 months on rocket

285 Terrace Rd, Franklin Lakes, NJ, 07417

$1,249,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

285 Terrace Rd, Franklin Lakes$1,249,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Gar Opener, Electric Vehicle Charging Station
Attached GarageYes
HeatingBaseboard, Natural Gas, Hot Water, Radiant, Zoned
CoolingGas, Zoned
BasementYes
WaterfrontNone
Fireplace2 Fireplaces
ViewOther
MLS #24005988
StatusActive
(ACTIVE)

About 285 Terrace Rd

This 4 bedroom/3.5 bath Mid-Century Modern Ranch Style home located in desirable Franklin Lakes is all that and MORE! Nestled on over an acre of gorgeous grounds with gunite in-ground pool, additional features include: updated kitchen with granite countertops and breakfast bar, master bedroom suite with updated full bath & walk-in closet both with radiant heat and fully finished walk-out basement with wet bar and family room. The invisible doggie fence runs the perimeter of the property, making the family fur baby a happy pooch! Whatever the weather, this home was built for gracious entertaining for all.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Stories: 1

Listing Office:

  • Office Name: Christie's International Real Estate Group-Franklin Lakes
  • Listing Agent: Christine Rea-Briskin

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Sky Lights
  • Fireplace: 2 Fireplaces

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Other
  • Exterior: Brick, Hdwd As In, Skylights, Sprinklers, Well, Deck / Patio

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Gar Opener, Electric Vehicle Charging Station

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water, Radiant, Zoned
  • Cooling: Gas, Zoned

School Info

Assigned Schools Information:

  • Indian Hills High School, Public District Grades 9-12
  • Ramapo High School, Public District Grades 9-12
  • Franklin Avenue Middle School, Public District Grades 6-8
  • Colonial Road School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,000

Tax Information:

  • Annual Amount: $14,134
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Franklin Lakes, NJ.

Map thumbnail provided by MapBox

Franklin Lakes, NJ

City

Med. Sold Price

$939.9K

# of Sold Homes

4

285 Terrace Rd vs Franklin Lakes

63 DAYS ON ROCKET

$1,249,000

+$309K More

KEY TAKEAWAY

This property is $309K more than the Median Sold Price in Franklin Lakes, NJ.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Number: #24005988

Listing Office:

  • Office Name: Christie's International Real Estate Group-Franklin Lakes
  • Listing Agent: Christine Rea-Briskin

IDXDisclaimer: 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 Rocket Homes Real Estate, LLC 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.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 11:22:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 30, 2018Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2020$14,134$860,800
2019$13,988$860,800
2018$14,083$860,800
2017$14,126$860,800

History based on county public records data.

Payment Calculator

$6,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,811

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5635497
8
/10

  • Colonial Road School

  • 749 Colonial Rd

  • 0.61 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5635498
6
/10

  • Franklin Avenue Middle School

  • 755 Franklin Ave

  • 1.36 miles

  • Public District Grades 6-8

High School

school-card-donut-5635499
7
/10

  • Indian Hills High School

  • 97 Yawpo Ave

  • 1.35 miles

  • Public District Grades 9-12

school-card-donut-5635500
9
/10

  • Ramapo High School

  • 331 George St

  • 1.50 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $193,750. Most Franklin Lakes, NJ residents have annual incomes $200k+. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 285 Terrace Rd

What is the listing price of this property?

The listing price of 285 Terrace Rd property is $1,249,000.

What type of property is this?

The property 285 Terrace Rd is a house located in Franklin Lakes, New Jersey, 07417.

Is this property for sale now?

Active Listing: 285 Terrace Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 285 Terrace Rd are:
Colonial Road School: GreatSchools Rating 8/10
Franklin Avenue Middle School: GreatSchools Rating 6/10
Indian Hills High School: GreatSchools Rating 7/10
Ramapo High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $14,134 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 2018 for $800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 285 Terrace Rd has 4 bedrooms and 3 full and 1 half bathrooms.

Rocket Homes›New Jersey›Bergen County›Franklin Lakes›07417›285 Terrace Rd

This home is located at 285 Terrace Rd in Franklin Lakes, NJ and zip code 07417. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $1,249,000.

Over 2 listings were sold over their listed price in April 2024 in Franklin Lakes, NJ. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. Between March 2024 and April 2024, Franklin Lakes, NJ real estate market has seen increase in the number of listings by 72.4%.

From Rocket Homes Real Estate and based on county public records data.

More Resources