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620 Colonial Rd 7.19 Acres of Residential Land Offered at $895,000 in Franklin Lakes, NJ 07417
INVESTMENT HIGHLIGHTS
- Convenient highway access.
EXECUTIVE SUMMARY
Block 1407, Lot 1
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$598
|
$83.17
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$598
|
$83.17
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Taxes | |
|---|---|
| Annual | $598 |
| Annual Per AC | $83.17 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $598 |
| Annual Per AC | $83.17 |
PROPERTY FACTS
| Price | $895,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 7.19 AC |
| Property Type | Land | ||
| Zoning | SR | ||
| Price | $895,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 7.19 AC |
| Zoning | SR |
1 LOT AVAILABLE
Lot 1
| Price | $895,000 | Lot Size | 7.19 AC |
| Price Per AC | $124,478.44 |
| Price | $895,000 |
| Price Per AC | $124,478.44 |
| Lot Size | 7.19 AC |
Ungraded highway adjacent prime development site.
DESCRIPTION
Less than 1 Miles to I-287 Approx. 24 Miles to George Washington Bridge Approx. 26.5 Miles to Lincoln Tunnel Approx. 29.3 Miles to Holland Tunnel Approx. 34.5 Miles to Newark Liberty International Airport
1 1
PROPERTY TAXES
| Parcel Number | 20-01407-0000-00001 | Total Assessment | $36,000 (2025) |
| Land Assessment | $36,000 (2025) | Annual Taxes | $598 |
| Improvements Assessment | $0 (2025) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
20-01407-0000-00001
Land Assessment
$36,000 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$36,000 (2025)
Annual Taxes
$598
Tax Year
2022
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620 Colonial Rd
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