Single Family Home For Sale in Franklin Lakes, NJ

MLS# : 25041848

Street : 940 Loch Road
Price : $3,189,000
Town : Franklin Lakes, NJ 07417
Annual Taxes : $32,196

PROPERTY DETAILS

# of Rooms : 14
Bedrooms : 6
Full Baths : 5
Half Baths : 1
Basement : Finished
Garage : Attached
Year Built : 1900-1939
Lot Size : Cul-de-sac
Style : Colonial
Exterior : Stone
Heat/Cool : Baseboard, Gas, Hot Air, Multi-Zone, Radiant, Radiators

PROPERTY DESCRIPTION

ONCE IN A LIFETIME OPPORTUNITY- A rare offering of more than 6 acres with over 600 feet of pristine lakefront on beautiful Shadow Lake. This remarkable property commands nearly the entire western shoreline of one of the community’s two connected lakes, delivering unmatched privacy, breathtaking views, and an unparalleled natural setting. Whether you choose to live in the existing residence or build a brand-new single-family home, the potential for a one-of-a-kind lakefront estate is exceptional. The property comes with plans by Plan Architecture, a renowned architectural firm, featuring over 13,000 sq ft custom home/pool house. Additional value is found in multiple improvements to the land, including a brand-new multi sports court—a highly desirable feature rarely available on lakefront acreage of this scale. As part of Shadow Lake Estates, residents also enjoy membership-only access to an exclusive collection of amenities, including a lakefront clubhouse, pool, boating, fishing, tennis, basketball, pickleball, and more. Surrounded by multi-million-dollar lakefront neighbors and set within the thriving community of Franklin Lakes—just 25 miles from Manhattan—this property offers a combination of privacy, exclusivity, and convenience that is nearly impossible to replicate.

Amenities

Life Style :

Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, Extended Family

This listing is a courtesy of Keller Williams City Views Realty
201-592-8900 office, listing agent Tony Nabhan

About Franklin Lakes, NJ Real Estate Market

A large borough spread over 9.88 square miles, Franklin Lakes is one of the most well-to-do boroughs in Bergen County in New Jersey. Franklin Lakes shares its borders with multiple boroughs from different counties, such as Oakland, Mahwah and Wyckoff from Bergen County and Wayne and North Haledon from the Passaic County.

The borough of Franklin Lakes was founded in 1922 from the portions of Franklin Township under the act of the New Jersey Legislature. The town is named after Benjamin Franklin’s son, William Franklin, who was the last colonial governor of New Jersey.

Currently home to around 10,500 people, Franklin Lakes is one of the highest-income communities from Bergen County. The residents of the borough have a median household income of $160,000. Franklin Lakes is home to Becton Dickinson, one of the Fortune 500 companies in the world. It also has the headquarters of Medco Health Solutions. Several reality TV shows, such as The Real Housewives of New Jersey, My Super Sweet 16 and My Big Fat Fabulous Wedding, were shot in Franklin Lakes.

The borough of Franklin Lakes has many water bodies and places, which make the place look beautiful, such as Blauvelt Lakes, Bakers Pond, Ferdinands Mills, Campgaw, Crystal Lakes, Hopper Lake, Shadow Lake and Pulis Mills. You can contact New Jersey real estate agents for finding homes at a close proximity to these lakes.
Population:  10,590
Total Housing Units:  3,692
Single Family Homes:  3,452
General Tax Rate (2023):  1.729%
Effective Tax Rate (2023):  1.416%
Compare To Other Towns

Franklin Lakes Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,679,720
Homes Sold* (12mo):  96
PRICE INDEX
SINGLE FAMILY HOME SALES

Franklin Lakes, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  1.729%
Effective Tax Rate (2023):  1.416%
GENRAL TAX RATE - Franklin Lakes, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Licensed as Marek Zagorski
Broker
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Sales Associate
914-261-6031 (cell)

Madisom Adams Sales Associate Georgine Addeo


Real estate inventory
Franklin Lakes
Homes : $915,000 - 6,950,000 25
Condos : -
Co-ops : -
Twnhs : -
2-4 Fam : -
5+ Fam : -
Land : -
Rentals : $2,500 - 11,000 10
Mixd Use : -
Com S : -
Com L : -
Biz : $150,000 - 150,000 1


Similar Listings in Franklin Lakes

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 12/04/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com