by RHP Realty

Check Availability
Franklin Lakes 07417
642 Orchard Lane
$1,100,000
House - In Contract

642 Orchard Lane

Franklin Lakes, NJ 07417
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$6,436
Estimated Monthly
$0
HOA / Fees
3.56%
Cap Rate

About This Property

Here's your chance to get into one of the most desired neighborhoods in Franklin Lakes! Beautiful, Bright & Airy 4 Bedroom, 2.5 Bath, Contemporary Colonial on a private acre lot.  As you enter the 2 story Foyer you will be amazed by the beauty this open-concept home has to offer.  The sizeable Great Room with cathedral ceiling, stone fireplace and large -scale windows show off the natural light shining throughout.  Next, you will find an eat-in kitchen with granite countertops, stainless steel appliances and spacious center island.  A dining room with gorgeous wood flooring, updated half bath and laundry room complete the first floor.  The second floor shows off the roomy Primary Bedroom with private bath, 3 more ample sized bedrooms and another full bath. Finishing this home is a Cedar lined covered porch overlooking the wooded yard, and an oversized two-tier deck.  Don't miss out on this spectacular home.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,034
HOA Dues
-
Year Built
1978
Listed By
ALISON BRUNO
CHRISTIE'S INT. REAL ESTATE GROUP
Last updated: 14 days ago (NJMLS #24004592)

Price History

Date / Event Date Event Price
Apr 22, 2024 In contract -
In contract
Mar 28, 2024 Relisted $1,100,000
Relisted
Mar 25, 2024 In contract -
In contract
Mar 12, 2024 Relisted $1,100,000
Relisted
Feb 29, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace
Parking Details
Attached
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Bathrooms: 2
Half Bathrooms: 1

Room Information

Total Rooms: 8

Fireplace Information

1 Fireplace

Basement Information

Full Finished

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 2,785
  • Building Area: 2,785
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,785
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KROPFL JON R
  • Current Owner 2: FRUSTACI KROPFL CHRISTY
  • Previous Owner : SMITH STEVAN
  • Previous Owner 2: SMITH ELYSE
  • 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: 25010
  • District: 20
  • Parcel: 20 02310-0000-00001- 04
  • Block: 2310
  • Lot: 1.04
  • Municipality: FRANKLIN LAKES BORO
  • Latitude: 41.0014
  • Longitude: -74.2017

    Address

  • Full Address: 642 Orchard Ln
  • Address - House Number: 642
  • Address - Street Name: Orchard
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Franklin Lakes
  • Carrier Code: C001
  • 4-Digit Zip Code: 2220
  • Zip Code: 07417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,407

    Appraisal Valuation

  • Standard Deviation: 0.0813
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 1,096,737
  • High Value: 1,185,907
  • Low Value: 1,007,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 20, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $735,900
  • Market Land Value: $434,000
  • Market Improvement Value: $301,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $735,900
  • Assessed Land Value: $434,000
  • Assessed Improvements Value: $301,900

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11810215757
  • Current Sale Price: $770,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20-106743

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC HOME LOANS INC
  • First Mortgage Transaction Date: Oct 20, 2020
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
-
$1,305,000 Dec 22, 2023
$1,305,000 Dec 22, 2023
$1,091/mo
House
4 Beds
2 Baths
-
$935,000 Apr 12, 2023
$935,000 Jun 12, 2023
$930/mo
House
5 Beds
3.1 Baths
-
$1,099,900 Nov 30, -0001
$1,100,000 Mar 1, 2022
-
House
4 Beds
3 Baths
-
$880,000 Apr 9, 2024
-
$897/mo
House
4 Beds
3 Baths
-
$1,099,900 Apr 16, 2024
-
$1,162/mo

About Franklin Lakes


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Frequently Asked Questions

When was property at 642 Orchard Lane built and last sold?
The property at 642 Orchard Lane was built in 1978 and last sold on Jul 16, 2020 for $770,000.
How much is this home worth?
The estimated value of the home located at 642 Orchard Lane is $1,111,000.
What are some comparable homes to 642 Orchard Lane?
Homes that are comparable to 642 Orchard Lane include a house property at 696 Ewing Avenue, 915 Huron Road, 314 George Street.

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