by RHP Realty

See Home Value
Franklin Lakes 07417
1020 Colonial Rd
$795,000
House - Off Market

1020 Colonial Rd

Franklin Lakes Boro, NJ 07417
bedrooms
4 Beds
bathrooms
2.1 Baths
$837,116
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968
Last updated: 2 years ago (GSMLS #3743837)

Price History

Date / Event Date Event Price
Feb 22, 2022 Sold $795,000
Sold
Feb 8, 2022 No longer available -
No longer available
Oct 30, 2021 In contract -
In contract
Oct 13, 2021 Price Decreased $795,000
↓ $20K (2.5%)
Price Decreased
Oct 1, 2021 Listed by CHRISTIE'S INT. REAL ESTATE GROUP $815,000
Listed by CHRISTIE'S INT. REAL ESTATE GROUP

Property Highlights

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.98
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ONE HORIZON 1020 LLC
  • Previous Owner : WAGNER CHRISTIAN W
  • Previous Owner 2: WAGNER ANTOINETTE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Franklin Lakes Borough School District
  • Census Tract: 020200

Zoning

  • Zoning: A40

Geography

  • Account Number: 4310
  • District: 20
  • Parcel: 20 01205-0000-00006
  • Block: 1205
  • Lot: 6
  • Municipality: FRANKLIN LAKES BORO
  • Latitude: 40.9996
  • Longitude: -74.2345

    Address

  • Full Address: 1020 Colonial Rd
  • Address - House Number: 1020
  • Address - Street Name: Colonial
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Franklin Lakes
  • Carrier Code: C005
  • 4-Digit Zip Code: 1235
  • Zip Code: 07417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,485

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 993,291
  • High Value: 1,190,194
  • Low Value: 796,389

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: NJ LENDERS CORP
  • First Open Lien Mortgage Recording Date: Jul 21, 2022
  • First Open Lien Mortgage Loan Amount: $680,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $691,600
  • Market Land Value: $432,900
  • Market Improvement Value: $258,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $691,600
  • Assessed Land Value: $432,900
  • Assessed Improvements Value: $258,700

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Feb 22, 2022
  • Current Sale Transaction ID: 11885475502
  • Current Sale Price: $795,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 22798

    Last Sale Mortgage

  • First Mortgage Lender: ABL RPC RESIDENTIAL CREDIT ACQ
  • First Mortgage Transaction Date: Feb 22, 2022
  • First Mortgage Loan Amount: $775,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$650,000 Nov 30, -0001
$620,000 Jun 29, 2022
-
House
3 Beds
3 Baths
-
$899,000 Sep 20, 2023
-
$692/mo
In Contract
House
3 Beds
3 Baths
-
$669,000 Aug 11, 2023
-
$1,025/mo

About Franklin Lakes


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Frequently Asked Questions

When was property at 1020 Colonial Road built and last sold?
The property at 1020 Colonial Road was built in 1968 and last sold on Dec 3, 2021 for $795,000.
How much is this home worth?
The estimated value of the home located at 1020 Colonial Road is $802,950.
What are some comparable homes to 1020 Colonial Road?
There are currently no comparable homes to 1020 Colonial Road.

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