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Sold for $2,200,000
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    • $2,200,000

    703 Somerset St, Franklin Lakes, NJ 07417

    5beds
    5,425sqft
    SingleFamily
    Built in 1985
    0.96 Acres Lot
    $2,200,400 Zestimate®
    $406/sqft
    $8,016 Estimated rent

    Home value

    $2,200,400

    $2.09M - $2.33M

    $8,016/mo

    Zestimate® history

    Owner options

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    $8,016/mo

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    Rent Zestimate®

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    $12,399/mo

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    What's special

    703 Somerset St, Franklin Lakes, NJ 07417 is a single family home that contains 5,425 sq ft and was built in 1985. It contains 5 bedrooms and 6 bathrooms. This home last sold for $2,200,000 in August 2026. The Zestimate for this house is $2,200,400. The Rent Zestimate for this home is $8,016/mo.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 5,425 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco, Brick
    Lot
    • Size: 0.96 Acres
    Details
    • Parcel number: 200110600000200006

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1985

    Community & HOA

    Location
    • Region: Franklin Lakes

    Financial & listing details

    • Price per square foot: $406/sqft
    • Tax assessed value: $1,410,000
    • Annual tax amount: $26,846

    Price history

    DateEventPrice
    8/13/2026Sold$2,200,000+56%$406/sqft
    Source: Public Record Report a problem
    10/20/2017Sold$1,410,000-11.6%$260/sqft
    Source: GSMLS #3398187 Report a problem
    7/13/2017Price change$1,595,000-7.5%$294/sqft
    Source: Prominent Properties Sotheby's International Realty #1725216 Report a problem
    6/20/2017Listed for sale$1,725,000$318/sqft
    Source: Prominent Properties Sotheby's International Realty #1725216 Report a problem
    6/26/2016Listing removed$1,725,000$318/sqft
    Source: Prominent Properties Sotheby's International Realty #1623198 Report a problem
    6/4/2016Listed for sale$1,725,000-4.1%$318/sqft
    Source: Prominent Properties Sotheby's International Realty #1623198 Report a problem
    11/10/2015Listing removed$6,500$1/sqft
    Source: Prominent Properties Sotheby's International Realty #1538937 Report a problem
    10/10/2015Listed for rent$6,500$1/sqft
    Source: Prominent Properties Sotheby's International Realty #1538937 Report a problem
    5/15/2008Listing removed$1,799,000$332/sqft
    Source: TourFactory #2808192 Report a problem
    5/15/2008Price change$1,799,000-5.3%$332/sqft
    Source: TourFactory #2808192 Report a problem
    2/24/2008Listed for sale$1,899,000-4.1%$350/sqft
    Source: TourFactory #2808192 Report a problem
    12/1/2005Sold$1,980,000+52.9%$365/sqft
    Source: Public Record Report a problem
    12/20/2000Sold$1,295,000+76.2%$239/sqft
    Source: Public Record Report a problem
    1/28/2000Sold$735,000-8.1%$135/sqft
    Source: Public Record Report a problem
    12/29/1993Sold$800,000$147/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$26,846 +6%$1,410,000
    2025$25,324 $1,410,000
    2024$25,324 +3.8%$1,410,000
    2023$24,393 +2.6%$1,410,000
    2022$23,773 +1.4%$1,410,000
    2021$23,434 +1.2%$1,410,000
    2020$23,152 +118.2%$1,410,000
    2019$10,611 $1,410,000 -6.3%
    2018$10,611 -57%$1,504,000
    2017$24,681 +2.6%$1,504,000
    2016$24,049 +1.7%$1,504,000
    2015$23,643 +1%$1,504,000
    2014$23,417 +1.8%$1,504,000
    2013$23,011 -0.6%$1,504,000 -22.3%
    2010$23,155 +3.6%$1,936,000
    2009$22,341 $1,936,000
    2007-- $1,936,000 +129.2%
    2006-- $844,600
    2005-- $844,600
    2004-- $844,600
    2003-- $844,600
    2002-- $844,600
    2001-- $844,600
    Find assessor info on the county website

    Neighborhood: 07417

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    Estimated market value

    $2,200,400

    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

    $2,200,400

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