See Home Value
Franklin Lakes 07417
506 Timberline Dr
$1,989,000
● House - Off Market

506 Timberline Dr

Franklin Lakes Boro, NJ 07417
bedrooms
5 Beds
bathrooms
5.1 Baths
$2,004,420
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
1.03 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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Last updated: 2 years ago (GSMLS #3827071)

Price History

Date / Event Date Event Price
May 30, 2023 Sold
Sold
Mar 18, 2023 In contract -
In contract
Feb 2, 2023 Listed by Compass New Jersey, LLC $1,929,107
Listed by Compass New Jersey, LLC
The combination of privacy, central location and acreage makes this estate one of Franklin Lakes most special properties. Boasting over 5,600 sq. ft. of timeless design with 5 bedrooms, 5 1/2 baths and a first floor home office overlooking a serene parklike backyard nestled among mature trees and manicured gardens. You will enjoy all that nature has to offer, sometimes watching deer frolic through the yard while sipping your favorite beverage from the deck. The home harmonizes spaces for everyday living and entertaining with a formal living room and family room which is open to the custom kitchen with high end appliances. A separate den and a gym which is located in the walk-out finished basement allows easy access to the backyard .Enjoy the suburban lifestyle in a magically self-contained environment with trails close by for hiking and easy access to highways. Thirty minutes to NYC makes this the best of all worlds.

Property Highlights


Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 5,605
  • Building Area: 5,605
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 5,605
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001030
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Franklin Lakes Borough School District
  • Census Tract: 020100

Zoning

  • Zoning: A40

Geography

  • District: 20
  • Parcel: 20 02711-0000-00006- 04
  • Block: 2711
  • Lot: 6.04
  • Municipality: FRANKLIN LAKES BORO
  • Latitude: 41.0276
  • Longitude: -74.1814

    Address

  • Full Address: 506 Timberline Dr
  • Address - House Number: 506
  • Address - Street Name: Timberline
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Franklin Lakes
  • Carrier Code: C002
  • 4-Digit Zip Code: 2719
  • Zip Code: 07417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,848,160

    Appraisal Valuation

  • Standard Deviation: 0.0813
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 2,004,668
  • High Value: 2,167,657
  • Low Value: 1,841,680

    Market Valuation

  • Market Total Value: $1,689,300
  • Market Land Value: $478,000
  • Market Improvement Value: $1,211,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,689,300
  • Assessed Land Value: $478,000
  • Assessed Improvements Value: $1,211,300

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 35656
  • Previous Sale Recording Date: May 03, 2002
  • Previous Sale Contract Date: May 03, 2002
  • Previous Sale Amount: $1,599,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin Lakes


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Frequently Asked Questions

When was property at 506 Timberline Drive built and last sold?
The property at 506 Timberline Drive was built in 2002 and last sold on May 30, 2023 for $1,929,107.
How much is this home worth?
The estimated value of the home located at 506 Timberline Drive is $0.
What are some comparable homes to 506 Timberline Drive?
There are currently no comparable homes to 506 Timberline Drive.