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Sold for $1,950,000
  • $1,950,000

    721 Somerset St, Franklin Lakes, NJ 07417

    4beds
    --sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $1,976,600 Zestimate®
    $--/sqft
    $7,348 Estimated rent

    Home value

    $1,976,600

    $1.80M - $2.15M

    $7,348/mo

    Zestimate® history
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    What's special

    Serene backyard oasisBeautifully renovated kitchenNewly renovated spa-like bathHardwood floorsMultiple gathering spacesPrivate gym spaceTons of storage
    Nestled on a quiet cul-de-sac and set on 1.3 private acres in the sought after Urban Farms section of Franklin Lakes, this expansive 5,264 square foot center hall colonial offers the perfect blend of luxury, comfort, and functionality. Designed for both everyday living and grand entertaining, the four bedroom home features multiple gathering spaces, a beautifully renovated kitchen, beautifully designed architectural moldings and archways plus a finished basement ideal for recreation or relaxation. The oversized primary suite is a true retreat, boasting a sitting area, walk-in closets, private gym space, and a newly renovated spa-like bath. Additional highlights include a dedicated first floor home office, hardwood floors, three car garage, alarm system, whole house generator and tons of storage. Outside, enjoy a serene backyard oasis with a paver patio perfect for hosting or unwinding in total privacy. A rare opportunity to own a move-in-ready home with space, upgrades, and an exceptional setting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Axelrod-Frey 201-638-9575,

    Keller Williams Village Square Realty - Wyckoff

    Bought with:

    Outside Agent

    Outside Office

    Source: NJMLS,MLS#: 26004271MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Central Air
    Features
    • Central Vacuum
    • Flooring: Hardwood, Carpet
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: 1 Fireplace

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    • Details: Attached, Gar Opener
    Features
    • Patio & porch: Deck / Patio
    • Pool features: None
    • Has view: Yes
    • View description: None
    • Waterfront features: None
    Lot
    • Features: Cul-De-Sac
    Details
    • Parcel number: 2001106000000016

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl Siding

    Community & HOA

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

    Financial & listing details

    • Tax assessed value: $1,040,900
    • Annual tax amount: $19,818
    • Date on market: 2/18/2026
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Private

    Price history

    DateEventPrice
    4/10/2026Sold$1,950,000+11.5%
    Source: NJMLS #26004271 Report a problem
    2/27/2026Pending sale$1,749,000
    Source: NJMLS #26004271 Report a problem
    2/18/2026Listed for sale$1,749,000+66.6%
    Source: NJMLS #26004271 Report a problem
    7/31/2018Sold$1,050,000-8.6%
    Source: GSMLS #3455320 Report a problem
    4/30/2018Price change$1,149,000-9.5%
    Source: RE/MAX Properties Select #1810603 Report a problem
    3/22/2018Listed for sale$1,269,000+605%
    Source: RE/MAX Properties Select #1810603 Report a problem
    11/16/1995Sold$180,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,695 $1,040,900
    2024$18,695 +3.8%$1,040,900
    2023$18,008 +2.6%$1,040,900
    2022$17,550 +1.4%$1,040,900
    2021$17,300 -16.6%$1,040,900 +1.1%
    2020$20,742 +35%$1,030,000 -18.5%
    2019$15,361 $1,263,200
    2018$15,361 -25.9%$1,263,200
    2017$20,729 +2.6%$1,263,200
    2016$20,199 +1.7%$1,263,200
    2015$19,858 +1%$1,263,200
    2014$19,668 +1.8%$1,263,200
    2013$19,327 $1,263,200
    2012$19,327 -5.8%$1,263,200
    2011$20,515 +4.2%$1,263,200 -23.3%
    2010$19,692 +3.6%$1,646,500
    2009$19,001 $1,646,500
    2007-- $1,646,500 +110.9%
    2006-- $780,700
    2005-- $780,700
    2004-- $780,700 +0.6%
    2003-- $775,700
    2002-- $775,700
    2001-- $775,700
    Find assessor info on the county website

    Neighborhood: 07417

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: FL Middle School
    • High: Ramapo/ Indian Hills

    Source: NJMLS. 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
    $1,976,600
    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
    $1,976,600