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$3,195,000
249 Terrace Road, Franklin Lakes, NJ, 07417
MLS# 26021377
5
Bedrooms
5
Bathrooms
1
Half Baths
1.1 acres (47,916 sqft)
Lot Size
Residential — Colonial
Property Type
Description
An exceptional opportunity to own a newly constructed luxury estate on a private one-acre homesite in one of Franklin Lakes' most desirable locations. This residence blends timeless architecture with modern design. A dramatic two-story foyer introduces light-filled interiors. The spectacular two-story great room serves as the centerpiece of the home, creating an impressive setting for everyday living and entertaining. Formal living and dining rooms provide elegant gathering spaces, while a private study offers flexibility as a home office or guest suite. The designer kitchen is positioned at the heart of the home, with an open-concept layout flowing seamlessly into the surrounding living areas. A first-floor laundry room and planned residential elevator add convenience. The second level is highlighted by a luxurious primary suite with expansive closet space and a spa-inspired bath. Additional accommodations include a private en-suite bedroom and two bedrooms connected by a Jack-and-Jill bath. The expansive lower level offers endless possibilities for recreation, fitness, entertaining, or additional living space. Pool approvals are in place, creating the opportunity for a private outdoor resort-style retreat. Located in one of Bergen County's premier communities, Franklin Lakes is renowned for top-rated schools, beautiful parks, upscale dining, and access to New York City. A rare opportunity to own a brand-new luxury home offering exceptional scale, privacy, and lifestyle.
Tax & Financial Information
| Annual Property Taxes | $7,662 (NJ Public Records) |
| Tax Assessment | $426,600 |
| Land Assessment | $426,600 |
| Listed | June 11, 2026 |
Property Features
Interior
- ✓Heating: Gas,Hot Air,Multi-Zone
- ✓Cooling: Central Air
- ✓Basement: Finished
Exterior & Lot
- ✓Parking: Attached
Listing Information
Listing Office: Keller Williams City Views Realty — 201-592-8900
Listing Agent: Tony Nabhan — 201-998-8393 — tonynabhan@kw.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 6/12/2026.
Total Monthly Cost
$21,211/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $639,000 | Loan: $2,556,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
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