1 month on rocket

320 Algonquin Rd, Franklin Lakes, NJ, 07417

$4,250,000

7 Bedrooms
8 Full Baths, 3 Partial
10,616 SqFt
$400/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingPaver Block, Driveway, Off Street, On Street, Direct Access, Oversized
Attached Garage3 spaces
Year Built1988
HeatingNatural Gas, Forced Air
CoolingMulti Unit(s), Central Air
BasementYes
MLS #22408968
Lot Size1.23 Acres
StatusActive

About 320 Algonquin Rd

This magnificent colonial manor home is nestled into a picturesque landscape on one of the most sought after streets in Franklin Lakes. Located in the desirable West Gate section of Urban Farms, this home is second to none with its extraordinary craftsmanship and exceptional attention to detail throughout every room. It offers 7 bedrooms, 8 full baths, 3 half baths, formal LR, formal DR, gourmet kitchen, butlers pantry, 2 laundry rooms, great room, library, theater, gym, wine cellar, patio, outdoor kitchen & more! Its versatile floor plan lends itself to so many possibilities.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Colonial
  • Year Built: 1988
  • Stories: 2
  • Living Area: 10,616 SqFt

Listing Office:

  • Office Name: Stack & Stack, LLC
  • Listing Agent: Brian Boms

Interior Features

Interior Information:

  • Appliances: Washer, Oven, Range, Dishwasher, Double Oven, Microwave, Security System, Stove, Refrigerator, Garage Door Opener, Gas Range
  • Basement: Yes
  • Flooring Type: Ceramic Tile
  • Interior: Atrium, Attic, Attic - Walk Up, Bonus Room, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Ceilings - Beamed, Center Hall, Dec Molding, Den, Home Theater Equip, Housekeeper Qtrs, Security System, Wet Bar, Breakfast Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 8
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Exterior: Patio, Security System, Sprinkler Under, Thermal Window, Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Paver Block, Driveway, Off Street, On Street, Direct Access, Oversized

Lot Features

Lot Information:

  • Lot: Irregular Lot, Level, Oversized Lot
  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Multi Unit(s), Central Air

School Info

Assigned Schools Information:

  • Ramapo High School, Public District Grades 9-12
  • Indian Hills 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: $4,250,000
  • Price Per SqFt: $400/SqFt

Tax Information:

  • Annual Amount: $62,040
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$939.9K

# of Sold Homes

4

320 Algonquin Rd vs Franklin Lakes

30 DAYS ON ROCKET

$4,250,000

+$3.3M More

$400/SqFt

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price in Franklin Lakes, NJ.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22408968

Listing Office:

  • Office Name: Stack & Stack, LLC
  • Listing Agent: Brian Boms

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
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, 11:22:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$62,040$3,778,300
2019$61,397$3,778,300
2018$61,813$3,778,300
2017$62,002$3,778,300

History based on county public records data.

Payment Calculator

$21.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.8K

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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-5633897
8
/10
  • Colonial Road School

  • 749 Colonial Rd

  • 1.65 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5633898
6
/10
  • Franklin Avenue Middle School

  • 755 Franklin Ave

  • 2.44 miles

  • Public District Grades 6-8

High School

school-card-donut-5633899
9
/10
  • Ramapo High School

  • 331 George St

  • 1.88 miles

  • Public District Grades 9-12

school-card-donut-5633900
7
/10
  • Indian Hills High School

  • 97 Yawpo Ave

  • 2.27 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $204,708. The majority of Franklin Lakes, NJ residents have income $200k+ annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 320 Algonquin Rd

What is the listing price of this property?

The listing price of 320 Algonquin Rd property is $4,250,000.

What type of property is this?

The property 320 Algonquin Rd is a house located in Franklin Lakes, New Jersey, 07417.

Is this property for sale now?

Active Listing: 320 Algonquin 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 320 Algonquin Rd are:
Colonial Road School: GreatSchools Rating 8/10
Franklin Avenue Middle School: GreatSchools Rating 6/10
Ramapo High School: GreatSchools Rating 9/10
Indian Hills High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $62,040 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 320 Algonquin Rd has 7 bedrooms and 8 full and 3 half bathrooms.

What is the square footage of this property?

The property 320 Algonquin Rd is 10,616 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 320 Algonquin Rd is 1988.
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Rocket HomesNew JerseyBergen CountyFranklin Lakes07417320 Algonquin Rd

This home is located at 320 Algonquin Rd in Franklin Lakes, NJ and zip code 07417. This 10,616 square foot home, which was built in 1988, sits on a 1.23 acre lot. Features: 7 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $4,250,000.

While more than 2 listings in Franklin Lakes, NJ in April 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Franklin Lakes, NJ increased by 72.4% between March 2024 and April 2024.

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

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