861 Franklin Ave Franklin Lakes, NJ 07417-1410
Property profile & analytics
861 Franklin Ave, Franklin Lakes, NJ 07417-1410
- Commercial real estate
- 2,855 SF
- 1.10 lot acres
Property ID
US59-2052812
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.
Location Intelligence
Current Use by Public Records
- The Learning Experience - Franklin Lakes / Daycare Center
- Steven Lombardi Construction Inc / Construction Company / General Contractor
- Pool Care Associates / General Contractor
Property Details for 861 Franklin Ave
- Year built
- 2015
- Construction
- FRAME
- Lot size
- 1.10 lot acres
- Zone code
- LB
- Property type
- Commercial real estate
- APN
- 20 01512- 01-00016
- APU
- 20015120100016
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 2, 2013 | $915,000 | 861 Franklin Avenue Ents LLC | Lombardi,steven | Grant Deed | — |
| — | — | 861 Franklin Avenue Ents LLC | — | Loan Modification · related | $1.9M · Connectone Bk |
| — | — | 861 Franklin Avenue Ents LLC | — | Loan Modification · related | $2M · Connectone Bk |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $555,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $665,000
- 6.5%
- $615,000
- 7%
- $570,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $602,000
Market price range: $195k - $603k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $835,000 Current use
- OFFICE BUILDING
- $690,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Franklin Lakes
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.2104
- Latitude
- 41.0257
- 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
$45,859
$560,000
$2,160,000
$2,720,000
-
$560,000
$2,160,000
$2,720,000
