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16 Lake Ave, Franklin, NJ, 08873

$580,000

Home List Price

$6,888*

Closing Credit

4 Bedrooms
2 Full Baths
1,517 SqFt
$382/SqFt
House

Location

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16 Lake Ave, Franklin Township$580,000

Buyer Closing Credits

$6,888*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Width, Asphalt, Garage, Attached
Attached Garage2 spaces
Year Built1955
HeatingForced Air
CoolingCentral Air
FireplaceWood Burning
MLS #2504358R
Lot Size0.25 Acres
StatusAccepting Backup Offers
(Under Contract)

About 16 Lake Ave

4 bedroom cape. Totally renovated. Gourmet kitchen with stainless steel top end appliances, quartz counter top, new cabinets, stainless steel sink. Pantry/mud room with built in microwave. Kitchen has open floor plan with sitting area and dining room with a view out into the back yard. Large windows let in tons of natural light. Private fenced in yard. 2nd level has full bath, large master bedroom with sitting area that can be used as a den or office. 2nd level also features a 2nd bedroom with walk in closet. Basement is partially finished with family room area for TV or study. Basement has laundry room,storage room and bilco door to backyard. HVAC 2022, roof 2021. Move in ready. This home has been lovingly cared for and maintained. Wood burning fireplace as is seller will make no repairs. No known issues. House is being sold as is. Washer is excluded. Convenient to major highways, Northeast corridor train line, NYC and Princeton bus, Rutgers University.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1955
  • Stories: 2
  • Living Area: 1,517 SqFt

Listing Office:

  • Office Name: RE/MAX OUR TOWN

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Exhaust Fan, Microwave, Refrigerator, Gas Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior: 2 Bedrooms, Kitchen, Living Room, Bath Full, Other Room(s), Den, Dining Room, Library/Office, None
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fencing/Wall, Yard, Insulated Pane Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Width, Asphalt, Garage, Attached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $580,000
  • Price Per SqFt: $382/SqFt
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Housing Market Comparison

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

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Franklin Township, NJ

City

Med. Sold Price

$484.2K

Med. Price/SqFt

$304

Avg. Days On Market

49

# of Sold Homes

55

16 Lake Ave vs Franklin Township

51 DAYS ON ROCKET

+2 Days

$580,000

+$95.7K More

$382/SqFt

+$77 More

KEY TAKEAWAY

This property is $95.7K more than the Median Sold Price and $77/SqFt more than other homes in Franklin Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2504358R

Listing Office:

  • Office Name: RE/MAX OUR TOWN

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 3:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-506702
6
/10

  • MacAfee Road School

  • 53 Macafee Rd

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-506703
3
/10

  • Hillcrest School

  • 500 Franklin Blvd

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-506704
4
/10

  • Conerly Road School

  • 35 Conerly Rd

  • 1.13 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,426. Most Franklin Township, NJ residents have annual incomes between $35k-100k. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Lake Ave

What is the listing price of this property?

The listing price of 16 Lake Ave property is $580,000.

What type of property is this?

The property 16 Lake Ave is a house located in Franklin, New Jersey, 08873.

Is this property for sale now?

Accepting Backup Offers: 16 Lake Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 16 Lake Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16 Lake Ave is 1,517 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Lake Ave is 1955.

Rocket Homes›New Jersey›Somerset County›Franklin Township›08873›16 Lake Ave

This home is located at 16 Lake Ave in Franklin, NJ and zip code 08873. This 1,517 square foot home, which was built in 1955, sits on a 0.25 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $580,000.

Franklin Township, NJ housing market in October 2024 saw over 38 listings sold above listed price, more than 5 sold at listed price and over 12 sold below. The number of listings in Franklin Township, NJ increased by 7% between September 2024 and October 2024. In October 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $484,234.

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

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