Google street view image for 275 Terrace Rd, Franklin Lakes, NJ 07417

Off Market Jan 2023 for $2M

$2,436,642

Est. refi paymentEst. refi $9,906/mo

—

•

— ba

•

5,508

sq ft

275 Terrace Rd, Franklin Lakes, NJ 07417

About this home

275 Terrace Rd is a 5,508 square foot house on a 1.38 acre lot. - it last sold on January 31, 2023 for $2,050,000. Based on Redfin's Franklin Lakes data, we estimate the home's value is $2,436,642.

Single-familyProperty Type

2012Year Built

1.38 acresLot Size

$442Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$2,436,642

$387K since sold in January 2023$143K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 35.4% higher than the average sale price ($1.80M) of 5 comparable homes.

SOLD JUN 11, 2026
$2,350,000
A
5 beds4.5 baths— sq ft
718 High Woods Dr, Franklin Lakes, NJ 07417
Prominent Properties Sotheby's International Realty-Franklin Lakes
SOLD FEB 7, 2026
$1,400,000
B
5 beds4.5 baths— sq ft
223 Terrace Rd, Franklin Lakes, NJ 07417
RE/MAX SELECT - Oakland
SOLD AUG 3, 2026
$1,800,000
C
4 beds3.5 baths— sq ft
744 Cayuga Ln, Franklin Lakes, NJ 07417
Prominent Properties Sotheby's International Realty-Franklin Lakes
SOLD JUL 28, 2026
$2,200,000
D
6 beds3.5 baths— sq ft
309 Skyridge Rd, Franklin Lakes, NJ 07417
Prominent Properties Sotheby's International Realty-Franklin Lakes
SOLD DEC 22, 2025
$1,250,000
E
4 beds3.5 baths— sq ft
868 Meadow Ln, Franklin Lakes, NJ 07417
Coldwell Banker, Wyckoff/Franklin Lakes

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Earn from this home

Sell

$765,694

Est. take-home

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Refinance

Est. cash available

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Rent

$4,355/mo

Redfin rental estimate

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Market trends in 07417, NJ

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

100.7%

1.2% MoM

Median sale price

$1.9M

$112K MoM

Avg. days on market

71d

6 days MoM

Recently sold homes

9 MoM

New listings for sale

NEW 18 HRS AGO
$2,925,000
4 beds5 baths— sq ft
900 Laurie Ln, Franklin Lakes, NJ 07417
Prominent Properties Sotheby's International Realty-Franklin Lakes, (201) 848-4002
$775,000
2 beds2.5 baths— sq ft
5 Valen Ct #1, Franklin Lakes, NJ 07417
Prominent Properties Sotheby's International Realty-Franklin Lakes, (201) 848-4002
$4,500,000
5 beds6.5 baths— sq ft
212 Arbor Rd, Franklin Lakes, NJ 07417
High Woods Realty, (201) 824-5115
$839,900
3 beds1 bath— sq ft
924 Franklin Ave, Franklin Lakes, NJ 07417-1435
$825,000
3 beds2 baths— sq ft
837 Circle, Franklin Lakes, NJ 07417
$2,350,000
4 beds5.5 baths— sq ft
604 Grandview Ter, Franklin Lakes, NJ 07417
Dream City Realty, (201) 401-7797
See all

Provided by Redfin

Sale history for 275 Terrace Rd

Year

Property tax

Land + Additions

Assessment*

2025

$27,490 (+6.0%)

$523,000 + $920,800

$1,443,800

2024

$25,931 (+3.8%)

$523,000 + $920,800

$1,443,800

2023

$24,978 (+2.6%)

$523,000 + $920,800

$1,443,800

2022

$24,342 (+1.4%)

$523,000 + $920,800

$1,443,800

2021

$23,996 (+0.8%)

$523,000 + $920,800

$1,443,800

2020

$23,794 (+0.4%)

$523,000 + $920,800

$1,443,800

2019

$23,707 (+6.6%)

$523,000 + $920,800

$1,443,800

2018

$22,246 (−0.7%)

$523,000 + $920,800

$1,443,800

2017

$22,397 (−0.3%)

$523,000 + $846,000

$1,369,000

2016

$22,465 (+4.4%)

$523,000 + $846,000

$1,369,000

2014

$21,520 (+1.0%)

$523,000 + $846,000

$1,369,000

2013

$21,315 (+165.9%)

$523,000 + $846,000

$1,369,000

2012

$8,018 (−35.4%)

$523,000 + $846,000

$1,369,000

2010

$12,405 (+4.2%)

$523,000 + $281,400

$804,400

2009

$11,907

$663,000 + $332,600

$995,600

Tax history for 275 Terrace Rd

Year

Property tax

Land + Additions

Assessment*

2025

$27,490 (+6.0%)

$523,000 + $920,800

$1,443,800

2024

$25,931 (+3.8%)

$523,000 + $920,800

$1,443,800

2023

$24,978 (+2.6%)

$523,000 + $920,800

$1,443,800

2022

$24,342 (+1.4%)

$523,000 + $920,800

$1,443,800

2021

$23,996 (+0.8%)

$523,000 + $920,800

$1,443,800

2020

$23,794 (+0.4%)

$523,000 + $920,800

$1,443,800

2019

$23,707 (+6.6%)

$523,000 + $920,800

$1,443,800

2018

$22,246 (−0.7%)

$523,000 + $920,800

$1,443,800

2017

$22,397 (−0.3%)

$523,000 + $846,000

$1,369,000

2016

$22,465 (+4.4%)

$523,000 + $846,000

$1,369,000

2014

$21,520 (+1.0%)

$523,000 + $846,000

$1,369,000

2013

$21,315 (+165.9%)

$523,000 + $846,000

$1,369,000

2012

$8,018 (−35.4%)

$523,000 + $846,000

$1,369,000

2010

$12,405 (+4.2%)

$523,000 + $281,400

$804,400

2009

$11,907

$663,000 + $332,600

$995,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Exterior

Property Information
Living Sq. Ft: 5,508
Building Sq. Ft: 5,508

Lot Information
# of Buildings: 1
Land Sq. Ft: 60,113
Legal Lot Number: 1.01
Legal Block Number: 1313
Municipality Name: FRANKLIN LAKES BORO
Acres: 1.38
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: FRANKLIN LAKES BORO

Public facts

Beds: —
Baths: —
Sq. Ft.: 5,508
Stories: —
Lot Size: 1.38 acres
Style: Single Family Residential
Year Built: 2012
Year Renovated: —
County: Bergen County
APN: 2001313 00001 01

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Colonial Road School

Public PreK-5 • Assigned • 0.7mi

7/10

Franklin Ave Middle School

Public 6-8 • Assigned • 1.4mi

7/10

Indian Hills High School

Public 9-12 • Assigned • 1.4mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 97° expected this year, 15 days in 30 years

4/10 Wind Factor

22% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Franklin Lakes, NJ • 07417

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.1 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.32M – $2.80M

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High Woods Realty, (201) 824-5115

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Home values near 275 Terrace Rd

Data from public records.

Address	Redfin Estimate
269 Terrace Rd, Franklin Lakes, NJ 6 Beds \| 6.5 Baths \| - Sq. Ft.	$2,899,421
255 Terrace Rd, Franklin Lakes, NJ - Beds \| - Baths \| 4279 Sq. Ft.	$1,893,584

Address	Redfin Estimate
264 Terrace Rd, Franklin Lakes, NJ - Beds \| - Baths \| 11619 Sq. Ft.	$3,425,213
245 Terrace Rd, Franklin Lakes, NJ - Beds \| - Baths \| 3388 Sq. Ft.	$1,539,604

Address	Redfin Estimate
265 Terrace Rd, Franklin Lakes, NJ 6 Beds \| 7.5 Baths \| - Sq. Ft.	—
240 Terrace Rd, Franklin Lakes, NJ - Beds \| - Baths \| 4785 Sq. Ft.	$2,526,482

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