Off Market Nov 2015 for $460K
$509,646
Est. refi paymentEst. refi $2,881/mo
bd
— ba
858
sq ft

511 Colonial Rd, Franklin Lakes, NJ 07417

map-entry

About this home

511 Colonial Rd is a 858 square foot house on a 4,356 square foot lot. - it last sold on November 16, 2015 for $460,000. Based on Redfin's Franklin Lakes data, we estimate the home's value is $509,646.
Single-familyProperty Type
1942Year Built
4,356 sq ftLot Size
$594Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$509,646
$50K since sold in November 2015$17K since July

This home's estimate is 37% lower than the average sale price ($808K) of 5 comparable homes.

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Earn from this home

Sell
$197,308
Est. take-home

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Refinance
$0
Est. cash available

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Market trends in 07417, NJ

Sale history for 511 Colonial Rd

Tax history for 511 Colonial Rd

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

Zoning

RB-2

Retail Business 2 District

The purpose of the RB-2 District is to encourage the development and redevelopment of a compatible mixture of land uses that will complement the RB-1 District with special consideration of the locational significance of properties located at the intersection of Franklin Avenue and Colonial Road and the physical characteristics of those properties. The standards herein are intended to produce a walkable commercial district composed of small stores with high quality and distinctive architecture with a traditional style that is compatible with the character of the corridor and Franklin Lakes as a whole.
Permitted uses

Include but are not limited to:

  • Gas station
  • Bank
  • Day care facility
  • General retail
  • Restaurant
  • Office
  • Medical office
  • Public service
  • Museum / gallery
  • Theater / performing arts facility

Property details

Around this home

Schools

Colonial Road School

Public PreK-5 • Assigned • 1.0mi

7/10
Franklin Ave Middle School

Public 6-8 • Assigned • 0.2mi

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

Historical weather

Franklin Lakes, NJ • 07417
Average low and high temperatures (°F)
34
21
38
23
55
35
63
43
71
53
82
63
88
69
82
63
77
58
67
47
54
38
39
26
Jan
Feb
Mar
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May
Jun
Jul
Aug
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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
$485,000 – $587,000

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GreatSchools Ratings provided by GreatSchools.org.