Nestled in a prime location, a rare gem awaits discerning buyers seeking luxury, sophistication, and unparalleled privacy where architecture and detail exemplify a commitment to excellence and a deep appreciation for artful living. Enjoy lush grounds from the swing under the covered porch. Slip into the dipping pool embraced by flowering hydrangea. Upon entering, you are greeted by soaring ceilings and walls of windows that flood the interior with natural light, creating a seamless integration of indoor and outdoor spaces. The completely open concept floor plan merges the chef's kitchen and dining area, flowing into the great room. Beyond antique mirrored doors lies a luxurious first-floor primary wing. The bedroom opens to the patio and pool, featuring a walk-in closet w/lndry, a study, and a spa-like bath. The 2nd fl boasts 3 lovely bdrms, 2 bths and another lndry rm! The LL offers endless possibilities for expansion and customization. This is truly a modern masterpiece!
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Listing Office:
Office Name: Compass New Jersey, LLC-Ridgewood
Listing Agent: Mary Premtaj
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Hardwood
Fireplace: 1 Fireplace
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 3
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Waterfront: None
View: Other
Exterior: Cement Board Siding, Hdwd As In, Security, Sprinklers, Well, Deck / Patio
Parking Information:
Attached Garage: Yes
Parking: Attached
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air, Zoned
Cooling: Central Air, Zoned
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: $3,350,000
Tax Information:
Annual Amount: $27,090
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Franklin Lakes, NJ.
This property is $2.1M more than the Median Sold Price in Franklin Lakes, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #24019363
Listing Office:
Office Name: Compass New Jersey, LLC-Ridgewood
Listing Agent: Mary Premtaj
Disclaimer: 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.
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: 11/5/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 28, 2017
Apr 28, 2017Home Sold
$750,000
Dec 14, 2016
Dec 14, 2016Home Sold
$733,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$27,090
$1,649,800
2019
$7,361
$1,649,800
2018
$9,806
$453,000
2017
$9,836
$599,400
History based on county public records data.
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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
8
/10
Colonial Road School
749 Colonial Rd
Distance between this listing and this school0.81 miles
Public District Grades PK-5
Middle School
6
/10
Franklin Avenue Middle School
755 Franklin Ave
Distance between this listing and this school1.52 miles
Public District Grades 6-8
High School
9
/10
Ramapo High School
331 George St
Distance between this listing and this school1.45 miles
Public District Grades 9-12
7
/10
Indian Hills High School
97 Yawpo Ave
Distance between this listing and this school1.53 miles
Public District Grades 9-12
Assigned Schools
8
/10
Colonial Road School
749 Colonial Rd
Distance between this listing and this school0.81 miles
Public District Grades PK-5
Nearby Schools
4
/10
High Mountain Road School
765 High Mountain Rd
Distance between this listing and this school0.89 miles
Public District Grades PK-5
5
/10
Dogwood Hill Elementary School
25 Dogwood Dr
Distance between this listing and this school1.72 miles
Public District Grades PK-5
Assigned Schools
6
/10
Franklin Avenue Middle School
755 Franklin Ave
Distance between this listing and this school1.52 miles
Public District Grades 6-8
Nearby Schools
6
/10
Valley Middle School
71 Oak St
Distance between this listing and this school2.05 miles
Public District Grades 6-8
5
/10
Dwight D. Eisenhower Middle School
344 Calvin Ct
Distance between this listing and this school2.72 miles
Public District Grades 6-8
Assigned Schools
9
/10
Ramapo High School
331 George St
Distance between this listing and this school1.45 miles
Public District Grades 9-12
7
/10
Indian Hills High School
97 Yawpo Ave
Distance between this listing and this school1.53 miles
Public District Grades 9-12
Nearby Schools
7
/10
Wayne Hills High School
272 Berdan Ave
Distance between this listing and this school2.55 miles
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 240 Terrace Rd
What is the listing price of this property?
The listing price of 240 Terrace Rd property is $3,350,000.
What type of property is this?
The property 240 Terrace Rd is a house located in Franklin Lakes, New Jersey, 07417.
Is this property for sale now?
Active Listing: 240 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 240 Terrace Rd are: Colonial Road School: GreatSchools Rating 8/10Franklin Avenue Middle School: GreatSchools Rating 6/10Ramapo High School: GreatSchools Rating 9/10Indian 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 $27,090 (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 28, 2017 for $750,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 240 Terrace Rd has 4 bedrooms and 3 full and 2 half bathrooms.
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This home is located at 240 Terrace Rd in Franklin Lakes, NJ and zip code 07417. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $3,350,000.
In October 2024 more than 2 listings in Franklin Lakes, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of listings in Franklin Lakes, NJ increased by 7.7% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.
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