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566 High Mountain Road

566 High Mountain Road, Franklin Lakes, NJ 07417
Property in Bergen
Sold Apr 07, 2015
$800,000
Sold Sep 21, 1998
$405,000
$290,000 by Hudson City Svgs Bank
Mortgage Due Sep 01, 2028
566 High Mountain Road has been categorized by the local assessors in Franklin Lakes, NJ as a residential type of property. The building on the property was first built in 1969 and is 55 years old. The building has a total of 2 stories. In addition, 566 High Mountain Road has 2,821 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 44,431 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 566 High Mountain Road sold most recently in Mar 25, 2015 for a total of $800,000. If you work out the math, that's approximately a cost of $283.59 per sqft. Before that, the property was also sold for $405,000 in Aug 31, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,765 in taxes each year. 566 High Mountain Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $816,400. If we break it down further, the land itself was valued at $496,800. Improvements to the property, however, were assessed at a total of $319,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 2,821
  • Building Area: 2,821
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,821
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.02
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : COLELLA S E
  • Current Owner 2: COLELLA LISA
  • Previous Owner : LOPEZ ADOLFO L
  • Previous Owner 2: LOPEZ OLGA BELLO
  • Owner Before Previous Owner: MAXWELL WILLIAM R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: A40

Geography

  • Account Number: 33130
  • District: 20
  • Parcel: 20 03103- 01-00017
  • Block: 3103.01
  • Lot: 17
  • Municipality: FRANKLIN LAKES BORO
  • Latitude: 40.9806
  • Longitude: -74.2022

    Address

  • Full Address: 566 High Mountain Rd
  • Address - House Number: 566
  • Address - Street Name: High Mountain
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Franklin Lakes
  • Carrier Code: C001
  • 4-Digit Zip Code: 2913
  • Zip Code: 07417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,765

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,197,499
  • High Value: 1,413,684
  • Low Value: 981,314

    Market Valuation

  • Market Total Value: $816,400
  • Market Land Value: $496,800
  • Market Improvement Value: $319,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $816,400
  • Assessed Land Value: $496,800
  • Assessed Improvements Value: $319,600

    Sales

  • Current Sale Contract Date: Mar 25, 2015
  • Current Sale Recording Date: Apr 07, 2015
  • Current Sale Transaction ID: 1208970255
  • Current Sale Price: $800,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 15-023664
  • Previous Sale Recording Date: Sep 21, 1998
  • Previous Sale Contract Date: Aug 31, 1998
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HAVEN SAVINGS BANK
  • First Mortgage Transaction Date: Apr 07, 2015
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SVGS BANK
  • Previous Mortgage Transaction Date: Sep 21, 1998
  • Previous Mortgage Loan Amount: $290,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2028

About Franklin Lakes



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Frequently Asked Questions

What neighborhood is 566 High Mountain Road located in?
The 566 High Mountain Road is a located in the neighborhood of Bergen in Franklin Lakes, Franklin Lakes.
What is the average sales price for listings in 566 High Mountain Road?
The average sales price for units in 566 High Mountain Road is $0 currently.

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