3 Franklin Ln
Kinnelon, NJ 07405
5 bd 4 ba 4,200 sqft Built 1989 Lot 203,861 sqft single_family
Most recent sale
$572,000
May 3, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 19, 2025 | Sold | $1,200,000 | Public Record |
| Jun 11, 2025 | Sold | $1,200,000 | GardenState |
| Mar 18, 2025 | Listed | $1,200,000 | GardenState |
| Feb 26, 2025 | Listed | $1,200,000 | GardenState |
| Sep 20, 2024 | Sold | $1,112,500 | Public Record |
| Aug 19, 2024 | Sold | $1,112,500 | GardenState |
| Apr 27, 2024 | Listing removed | — | NewJerseyMLS |
| Jan 26, 2024 | Listed | $1,150,000 | NewJerseyMLS |
| May 3, 2023 | Sold | $572,000 | Public Record |
| Aug 3, 2005 | Sold | $970,000 | Public Record |
| Jul 12, 2002 | Sold | $930,000 | Public Record |
| Nov 3, 1993 | Sold | $465,000 | Public Record |
| May 6, 1991 | Sold | $444,000 | Public Record |
| Sep 4, 1990 | Sold | $475,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $640,400 | $228,100 | $868,500 | $25,924 |
| 2024 | $640,400 | $228,100 | $868,500 | $19,696 |
| 2023 | $451,800 | $228,100 | $679,900 | $19,288 |
| 2022 | $451,800 | $228,100 | $679,900 | $18,676 |
| 2021 | $451,800 | $228,100 | $679,900 | $18,336 |
| 2020 | $451,800 | $228,100 | $679,900 | $17,996 |
| 2019 | $451,800 | $228,100 | $679,900 | $17,582 |
| 2018 | $451,800 | $228,100 | $679,900 | $17,221 |
| 2017 | $451,800 | $228,100 | $679,900 | $16,929 |
| 2016 | $293,800 | $288,200 | $582,000 | $18,920 |
| 2015 | $293,800 | $288,200 | $582,000 | $18,170 |
| 2014 | $293,800 | $288,200 | $582,000 | $17,861 |
| 2013 | $293,800 | $288,200 | $582,000 | $17,698 |
| 2012 | $453,800 | $288,200 | $742,000 | $22,022 |
| 2011 | $453,800 | $288,200 | $742,000 | $21,332 |
| 2009 | $453,800 | $288,200 | $742,000 | $20,241 |
| 2008 | $453,800 | $288,200 | $742,000 | $19,766 |
| 2007 | $453,800 | $288,200 | $742,000 | $19,292 |
Property facts
Year built
1989
Property type
single_family
Stories
—
Beds
5
Baths
4
Living area
4,200 sqft
Lot size
203,861 sqft
ZIP code
07405
City
Kinnelon
Street
Franklin Ln
Coordinates
40.97037, -74.34603
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,300
Gross rental yield
13.22%
Implied cap rate
8.59%
Trend-extrapolated value
—
Frequently asked questions
When did 3 Franklin Ln last sell?
3 Franklin Ln most recently sold on May 3, 2023 for $572,000.
What is the current tax assessment for 3 Franklin Ln?
The most recent total assessment for 3 Franklin Ln (year 2025) is $868,500 with $25,924 in property tax.
How does 3 Franklin Ln's assessment compare to its last sale price?
The current assessment is 51.8% above the last sale price of $572,000.
When was 3 Franklin Ln built?
3 Franklin Ln was built in 1989.
How does 3 Franklin Ln compare to others on Franklin Ln?
We track 4 other properties on Franklin Ln. Browse the list under "Other properties on Franklin Ln" to compare beds, baths, and sale history.
What are the property facts for 3 Franklin Ln?
3 Franklin Ln is a 5 bed, 4 bath, 4,200 sqft, 203,861 sqft lot single_family.
Is 3 Franklin Ln a flip candidate?
Yes — 3 Franklin Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3 Franklin Ln a tax-appeal candidate?
No — 3 Franklin Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.5%
Implied 1-yr
+22.0%
2026 Q1
$846.9K
2026 Q2
$881.2K
ZIP 07405 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin Ln