492 Blue Hill Terrace, Franklin Lakes, NJ, 07417 — Photo 11 / 25
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$999,000

492 Blue Hill Terrace, Franklin Lakes, NJ, 07417

MLS# 26035850

Under Contract34d on market

4

Bedrooms

4

Bathrooms

1

Half Baths

2,913

Sq Ft

0.73 acres (31,799 sqft)

Lot Size

1960

Year Built

Residential — Ranch

Property Type

Description

Big lot, big potential! Bring your crew to this 3/4 of level acre in Franklin Lakes, where the possibilities are wide open. This 1961 expanded ranch (4 BR, 3 BA) sits well back from the street behind a long blacktop drive, surrounded by mature trees for privacy. The layout is already in place: first-floor primary with full bath and walk-in closet, an eat-in kitchen with two islands and a vaulted, skylit breakfast area, a formal dining room, a living room, and a family room with a wood stove. Upstairs offers a second primary suite, complete with a full bath and walk-in closet, plus a loft for extra living space. Then there's the backyard: a heated gunite pool, a deck, two sheds, and a 2-car built-in garage with parking for 10. Central air (2 units), gas, septic. Enjoy true seclusion with a yard that backs to protected green lands, offering privacy you won't find elsewhere. The interiors are dated, so this one is for the buyer with vision. Zoned for two highly regarded high schools, Indian Hills or Ramapo, giving buyers flexibility and access to top-rated education. Strictly as-is. Buyer responsible for all town inspections. Renovators, this is your moment!

Tax & Financial Information

Annual Property Taxes$10,503 (NJ Public Records)
Tax Assessment$598,700
Land Assessment$359,500
ListedSeptember 22, 2026

Property Features

Interior

  • ✓Heating: Baseboard,Gas,Hot Water
  • ✓Cooling: Central Air

Exterior & Lot

  • ✓Parking: Attached
  • ✓Pool: In-ground

Listing Information

Listing Office: Keller Williams Prosperity Realty — 973-696-0077

Listing Agent: James Cotter — 973-897-8821 — JamesCotter20@gmail.com

Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 10/22/2026.

Total Monthly Cost

$7,308/mo

NJ has the highest property taxes in the US. This is your real cost.

Mortgage (30yr, 6.75%)$5,184
Property Taxes$875
Homeowner Insurance$416
Est. Maintenance$833
Total$7,308

Down: $199,800 | Loan: $799,200

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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