6 months on rocket

265 Terrace Rd, Franklin Lakes, NJ, 07417

$1,599,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths, 1 Partial
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

265 Terrace Rd, Franklin Lakes$1,599,000

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, O/See Remk, Park Space
Attached GarageYes
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air, Zoned
BasementYes
WaterfrontNone
Fireplace3 Fireplaces, Gas
ViewNone
MLS #24011948
StatusActive
(ACTIVE)

About 265 Terrace Rd

The possibilities abound for this expansive, custom built home nestled on over 2 acres of private oasis. Work from home? There's ample room to occupy an entire wing of separate home office space. Additional features include: ground floor primary bedroom suite & 2nd floor primary bedroom suite with gas fireplace & large walk-in closets, gourmet eat-in kitchen, attached 5-car garage, great room with built-in bar and Peter Salerno wood burning fireplace overlooking the heated in-ground swimming pool and spa.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch

Listing Office:

  • Office Name: Christie's International Real Estate Group-Franklin Lakes
  • Office Phone: (917) 449-3502
  • Listing Agent: Christine Rea-Briskin

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Carpet
  • Interior: Sky Lights
  • Fireplace: 3 Fireplaces, Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Cedar, Hdwd As In, Skylights, Sprinklers, Well, WW/Carpet As In, Deck / Patio

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Gar Opener, O/See Remk, Park Space

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: $1,599,000

Tax Information:

  • Annual Amount: $29,658
  • 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

$1.2M

Med. Price/SqFt

$399

# of Sold Homes

3

265 Terrace Rd vs Franklin Lakes

195 DAYS ON ROCKET

$1,599,000

+$399K More

KEY TAKEAWAY

This property is $399K 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: #24011948

Listing Office:

  • Office Name: Christie's International Real Estate Group-Franklin Lakes
  • Office Phone: (917) 449-3502
  • 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: 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

Tax History

YEARPROP. TAXASSESSMENT
2020$29,658$1,806,200
2019$29,350$1,806,200
2018$29,549$1,806,200
2017$29,640$1,806,200

History based on county public records data.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

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-1829223
8
/10

  • Colonial Road School

  • 749 Colonial Rd

  • 0.72 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1829224
6
/10

  • Franklin Avenue Middle School

  • 755 Franklin Ave

  • 1.41 miles

  • Public District Grades 6-8

High School

school-card-donut-1829225
9
/10

  • Ramapo High School

  • 331 George St

  • 1.43 miles

  • Public District Grades 9-12

school-card-donut-1829226
7
/10

  • Indian Hills High School

  • 97 Yawpo Ave

  • 1.46 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. The most common annual income of people living in Franklin Lakes, NJ is $200k+. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 265 Terrace Rd

What is the listing price of this property?

The listing price of 265 Terrace Rd property is $1,599,000.

What type of property is this?

The property 265 Terrace Rd is a house located in Franklin Lakes, New Jersey, 07417.

Is this property for sale now?

Active Listing: 265 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 265 Terrace 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 $29,658 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 265 Terrace Rd has 8 bedrooms and 6 full and 1 half bathrooms.

Rocket Homes›New Jersey›Bergen County›Franklin Lakes›07417›265 Terrace Rd

This home is located at 265 Terrace Rd in Franklin Lakes, NJ and zip code 07417. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $1,599,000.

In October 2024, from all listings sold in Franklin Lakes, NJ there were more than 2 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. 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.

More Resources