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Sold for $1,589,000
  • $1,589,000

    497 Island Way, Franklin Lakes, NJ 07417

    3beds
    --sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $1,677,400 Zestimate®
    $--/sqft
    $4,960 Estimated rent

    Home value

    $1,677,400

    $1.53M - $1.85M

    $4,960/mo

    Zestimate® history
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    $8,956/mo

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    What's special

    In-ground poolTennis courtLaundry roomGourmet kitchenOversized master bathDressing roomGrand entry hall
    Your Private Retreat Awaits! Sitting on a peaceful cul-de-sac, this home offers a rare combination of privacy & luxury. Step into the grand entry hall & you'll know you've found something special. The home's exterior is a blend of wood shingles & stone. The 1st floor boasts spacious living areas. The den, w/built-ins and a cozy fireplace, offers the perfect space to unwind. You'll find a laundry room, gym, & full bath conveniently located on this level. The formal living room opens to a gourmet kitchen & dining area with another fireplace. Upstairs, the master suite offers a fireplace, an oversized master bath & one-of-a-kind dressing room. Additionally, there are 2 spacious, bedrooms & a bath. The basement features a media room w/ a wall of built-ins. The property boasts an in-ground pool, a tennis court, and a deck, for outdoor entertaining or for relaxing. You will be part owner of Lawlins Pond. This home is truly a must-see. The property has low taxes & a 4-bedroom septic system.

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Trapp 201-725-1645,

    RE/MAX SELECT - Fort Lee

    Bought with:

    Jason Pierce

    Prominent Properties Sotheby's International Realty-Tenafly

    Robert Paeprer

    Prominent Properties Sotheby's International Realty-Tenafly

    Source: NJMLS,MLS#: 25010119MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Forced Air, Zoned
    Cooling
    • Central Air
    Features
    • Flooring: Hardwood
    • Basement: Partially Finished
    • Number of fireplaces: 3
    • Fireplace features: 3 Fireplaces, Gas, Self-start

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 2
    • Details: Attached
    Features
    • Levels: Split Level
    • Patio & porch: Deck / Patio
    • Exterior features: Tennis Court(s)
    • Pool features: In Ground
    • Has view: Yes
    • View description: Sunset
    • Waterfront features: None
    Lot
    • Features: Cul-De-Sac
    Details
    • Parcel number: 200251400000100005

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stone

    Community & neighborhood

    Security
    • Security features: Security
    Community
    • Community features: Close/School, Close/Shopg, Close/Trans, Close/Wrshp
    Location
    • Region: Franklin Lakes

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Private

    Price history

    DateEventPrice
    10/10/2025Sold$1,589,000
    Source: NJMLS #25010119 Report a problem
    8/22/2025Pending sale$1,589,000
    Source: NJMLS #25010119 Report a problem
    7/18/2025Listed for sale$1,589,000
    Source: NJMLS #25010119 Report a problem
    5/8/2025Pending sale$1,589,000
    Source: NJMLS #25010119 Report a problem
    4/16/2025Listed for sale$1,589,000+27.1%
    Source: NJMLS #25010119 Report a problem
    8/28/2018Sold$1,250,000+6%
    Source: GSMLS #3478384 Report a problem
    6/11/2018Listed for sale$1,179,000+456.1%
    Source: Weichert Realtors #1824189 Report a problem
    11/22/2002Sold$212,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,834 $714,600
    2024$12,834 +3.8%$714,600
    2023$12,363 +2.6%$714,600
    2022$12,048 +1.4%$714,600
    2021$11,877 +1.2%$714,600
    2020$11,734 +1%$714,600
    2019$11,612 $714,600
    2018$11,612 -1%$714,600
    2017$11,727 +2.6%$714,600
    2016$11,426 +1.7%$714,600
    2015$11,234 +1%$714,600
    2014$11,126 +1.8%$714,600
    2013$10,933 $714,600
    2012$10,933 -9.1%$714,600
    2011$12,024 +4.2%$714,600 -25.9%
    2010$11,541 +3.6%$965,000
    2009$11,136 $965,000 -6.8%
    2007-- $1,034,900 +101.1%
    2006-- $514,600
    2005-- $514,600
    2004-- $514,600
    2002-- $514,600
    2001-- $514,600

    Find assessor info on the county website

    Neighborhood: 07417

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,677,400
    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
    $1,677,400