Best Value in Franklin Lakes! 7 year old custom built home, close to Colonial Rd School, Market Basket, Indian Trail Club & everything going on right here in town. Built by local builder, Brooks Ltd this home offers Mahogany entrance doors, gorgeous chef's kitchen w/breakfast room which opens to patio area, ample family room w/stone fireplace & great flow for entertaining! Timeless design also features a huge master suite w/sitting room, bath w/Aquatic whirlpool tub & 4 closets! This is a wonderful example of their quality build at a snip of their usual price! Located on Lake Drive, admittedly the side yard is Colonial Road, (Close to becoming Millionares' Row) & you're in great company, as across the street a celebrity home is being built right now. This 4362 sqft home also features high ceilings throughout, including the basement (which you can finish to your own taste), 3 car attached garage, a first floor office/nanny room, formal living & dining rooms. This is not a drive-by!
Sold for $1,985,000
Street View
$1,985,000
1054 Lake Dr, Franklin Lakes, NJ 07417
4beds
3baths
4,362sqft
SingleFamily
Built in 2008
0.88 Acres Lot
$2,010,000 Zestimate®
$455/sqft
$7,927 Estimated rent
Home value
$2,010,000
$1.83M - $2.19M
$7,927/mo
Zestimate® history
Owner options
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$7,927/mo
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$7,927/mo
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$13,546/mo
Est. payment
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$13,546/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3.5
Interior area
- Total interior livable area: 4,362 sqft
Property
Lot
- Size: 0.88 Acres
Details
- Parcel number: 2001208000000014
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 2008
Community & HOA
Location
- Region: Franklin Lakes
Financial & listing details
- Price per square foot: $455/sqft
- Tax assessed value: $1,055,400
- Annual tax amount: $18,955
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $1,985,000+56%$455/sqft |
Source: Public Record Report a problem | ||
| 12/7/2016 | Sold | $1,272,625-9%$292/sqft |
Source: Public Record Report a problem | ||
| 6/28/2016 | Pending sale | $1,399,000$321/sqft |
Source: Keller Williams - Ridgewood #1620936 Report a problem | ||
| 5/20/2016 | Listed for sale | $1,399,000-12.3%$321/sqft |
Source: Keller Williams - Ridgewood #1620936 Report a problem | ||
| 11/23/2015 | Listing removed | $1,595,000$366/sqft |
Source: McBride Agency, Inc. #1534754 Report a problem | ||
| 10/2/2015 | Price change | $1,595,000-3.3%$366/sqft |
Source: McBride Agency, Inc. #1534754 Report a problem | ||
| 8/28/2015 | Listed for sale | $1,649,775-5.6%$378/sqft |
Source: McBride Agency, Inc. #1534754 Report a problem | ||
| 8/28/2015 | Listing removed | $5,950$1/sqft |
Source: McBride Agency, Inc. #1530129 Report a problem | ||
| 7/31/2015 | Price change | $5,950+3.5%$1/sqft |
Source: McBride Agency, Inc. #1530129 Report a problem | ||
| 7/24/2015 | Listed for rent | $5,750$1/sqft |
Source: McBride Agency, Inc. #1530129 Report a problem | ||
| 4/24/2015 | Listing removed | $1,747,775$401/sqft |
Source: McBride Agency, Inc. #1501574 Report a problem | ||
| 4/7/2015 | Listing removed | $5,750$1/sqft |
Source: McBride Agency, Inc. #1441091 Report a problem | ||
| 4/1/2015 | Listed for rent | $5,750$1/sqft |
Source: McBride Agency, Inc. #1441091 Report a problem | ||
| 3/19/2015 | Listed for sale | $1,747,775$401/sqft |
Source: McBride Agency, Inc. #1501574 Report a problem | ||
| 2/4/2015 | Listing removed | $1,747,775$401/sqft |
Source: McBride Agency #1501574 Report a problem | ||
| 1/16/2015 | Listed for sale | $1,747,775-1.5%$401/sqft |
Source: McBride Agency #1501574 Report a problem | ||
| 11/25/2014 | Listing removed | $1,775,000$407/sqft |
Source: McBride Agency #1441081 Report a problem | ||
| 11/2/2014 | Listed for sale | $1,775,000-1.3%$407/sqft |
Source: McBride Agency #1441081 Report a problem | ||
| 3/11/2008 | Listing removed | $1,799,000$412/sqft |
Source: NCI #2717672 Report a problem | ||
| 2/1/2008 | Listed for sale | $1,799,000+97.7%$412/sqft |
Source: NCI #2717672 Report a problem | ||
| 7/12/2006 | Sold | $910,000$209/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,955 | $1,055,400 |
| 2024 | $18,955 +3.8% | $1,055,400 |
| 2023 | $18,258 +2.6% | $1,055,400 |
| 2022 | $17,794 +1.4% | $1,055,400 |
| 2021 | $17,541 +1.2% | $1,055,400 |
| 2020 | $17,330 +1% | $1,055,400 |
| 2019 | $17,150 | $1,055,400 |
| 2018 | $17,150 -1% | $1,055,400 |
| 2017 | $17,319 +2.6% | $1,055,400 |
| 2016 | $16,876 +1.7% | $1,055,400 |
| 2015 | $16,591 +1% | $1,055,400 |
| 2014 | $16,433 +1.8% | $1,055,400 |
| 2012 | $16,148 +64.7% | $1,055,400 |
| 2011 | $9,806 +4.2% | $1,055,400 +34.1% |
| 2010 | $9,413 +3.6% | $787,000 |
| 2009 | $9,082 | $787,000 |
| 2007 | -- | $787,000 +167.8% |
| 2006 | -- | $293,900 |
| 2005 | -- | $293,900 |
| 2004 | -- | $293,900 |
| 2003 | -- | $293,900 |
| 2002 | -- | $293,900 |
| 2001 | -- | $293,900 |
Find assessor info on the county website
Neighborhood: 07417
Nearby homes
- $972,000-- bd-- ba1.9k sqft1048 Lake Dr, Franklin Lakes, NJ 07417Off Market
- $915,0004 bd2 ba1.7k sqft991 Colonial Rd, Franklin Lakes, NJ 07417Off Market
- $1,481,9004 bd3 ba4k sqft1061 Lake Dr, Franklin Lakes, NJ 07417Off Market
- $3,685,800-- bd-- ba8.7k sqft101 Jasmine Ct, Franklin Lakes, NJ 07417Off Market
- $1,620,200-- bd-- ba4k sqft1057 Lake Dr, Franklin Lakes, NJ 07417Off Market
- $901,300-- bd-- ba1.4k sqft995 Colonial Rd, Franklin Lakes, NJ 07417Off Market
- $1,274,4005 bd4 ba-- sqft102 Jasmine Ct, Franklin Lakes, NJ 07417Off Market
- $961,600-- bd-- ba1.8k sqft1044 Lake Dr, Franklin Lakes, NJ 07417Off Market
Nearby schools
GreatSchools rating
- 7/10Colonial Road SchoolGrades: PK-5Distance: 1 mi
- 7/10Franklin Ave Middle SchoolGrades: 6-8Distance: 2 mi
- 8/10Indian Hills High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: COLONIAL ROAD E.S.
- High: RAMAPO/INDIAN HILLS
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,010,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,010,000
- New Jersey
- Bergen County
- Franklin Lakes
- 07417
- 1054 Lake Dr
Nearby cities
Nearby zip codes
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