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    400 Parsons Pond Dr Franklin Lakes, NJ 07417-2601
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    Property profile & analytics

    400 Parsons Pond Dr, Franklin Lakes, NJ 07417-2601

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    • Commercial real estate
    • 88.72 lot acres
    Off-Market
    Property ID
    US59-1523901
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • IBM / (Bike/Boat/Book/etc) Store / Corporate Office
    • Montvale Landscaping Inc / Landscaping / General Contractor
    • Medical Co Tn / Medical Clinic
    • Dr. Michael C. Sokol, MD / Physician

    Property Details for 400 Parsons Pond Dr

    Construction
    BRICK
    Lot size
    88.72 lot acres
    Zone code
    ORL
    Property type
    Commercial real estate
    APN
    20 02607-0000-00001
    APU
    2002607000000001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 19, 2025 — Shg Franklin Lakes LLC — Deed · related $80M · Nationwide Life Insurance Company
    Jul 27, 2016 — Borough Of Franklin Lakes Medco Health Services INC Grant Deed · related —
    Dec 30, 2009 — Medco Health Services INC Medco Health Solutions INC Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Franklin Lakes
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1823
    Latitude
    41.0228
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,416,240
    $30,626,000
    $53,374,000
    $84,000,000
    -
    $30,626,000
    $53,374,000
    $84,000,000
    More about this property
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