Oversized 2.6+ acre flat lot in the prestigious Franklin Lakes. Amazing location, surrounded by multimillion-dollar homes. True opportunity to build your dream home on this property. Deep lot can accommodate a large home. Top rated school system, easy access to major highways, and quick commute to NYC.
Sold for $1,300,000 on 03/10/23
$1,300,000
948 Colonial Rd, Franklin Lakes, NJ 07417
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Land
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$-- Zestimate®
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$4,791 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,791/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 12, 2025 at 01:51pm
Listed by:
Taylor Lucyk 201-360-1292,
Christie's International Real Estate Group-Westwood
Bought with:
Taylor Lucyk
Outside Office
Source: NJMLS,MLS#: 23005486
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2023 | Sold | $1,300,000-13.3% |
Source:  NJMLS #23005486 | ||
| 3/2/2023 | Pending sale | $1,500,000 |
Source: NJMLS #23005486 | ||
| 2/25/2023 | Price change | $1,500,000-76.9% |
Source: NJMLS #23005486 | ||
| 10/18/2022 | Listed for sale | $6,499,999+550% |
Source: NJMLS #22037896 | ||
| 10/7/2021 | Sold | $1,000,000 |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $86,262 +766.3% | $4,803,000 +766.3% |
| 2024 | $9,957 +3.8% | $554,400 |
| 2023 | $9,591 -17.9% | $554,400 -20% |
Find assessor info on the county website
Neighborhood: 07417
Nearby schools
GreatSchools rating
- 6/10Colonial Road SchoolGrades: PK-5Distance: 0.8 mi
- 7/10Franklin Ave Middle SchoolGrades: 6-8Distance: 1.9 mi
- 8/10Indian Hills High SchoolGrades: 9-12Distance: 1.3 mi