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Description

An exceptional opportunity to own a newly constructed luxury estate on a private one-acre homesite in one of Franklin Lakes' most desirable locations. This residence blends timeless architecture with modern design. A dramatic two-story foyer introduces light-filled interiors. The spectacular two-story great room serves as the centerpiece of the home, creating an impressive setting for everyday living and entertaining. Formal living and dining rooms provide elegant gathering spaces, while a private...An exceptional opportunity to own a newly constructed luxury estate on a private one-acre homesite in one of Franklin Lakes' most desirable locations. This residence blends timeless architecture with modern design. A dramatic two-story foyer introduces light-filled interiors. The spectacular two-story great room serves as the centerpiece of the home, creating an impressive setting for everyday living and entertaining. Formal living and dining rooms provide elegant gathering spaces, while a private study offers flexibility as a home office or guest suite. The designer kitchen is positioned at the heart of the home, with an open-concept layout flowing seamlessly into the surrounding living areas. A first-floor laundry room and planned residential elevator add convenience. The second level is highlighted by a luxurious primary suite with expansive closet space and a spa-inspired bath. Additional accommodations include a private en-suite bedroom and two bedrooms connected by a Jack-and-Jill bath. The expansive lower level offers endless possibilities for recreation, fitness, entertaining, or additional living space. Pool approvals are in place, creating the opportunity for a private outdoor resort-style retreat. Located in one of Bergen County's premier communities, Franklin Lakes is renowned for top-rated schools, beautiful parks, upscale dining, and access to New York City. A rare opportunity to own a brand-new luxury home offering exceptional scale, privacy, and lifestyle.
  1. Listed by Tony Nabhan • Keller Williams City Views Realty
    P: (201)-998-8393 tonynabhan@kw.com

Property Details for 249 Terrace Road

Style
Single Family Residence
Sub style
Cntr Hl
Waterfront
None
Garage
Attached
LISTING UPDATED: 06/12/2026 12:02 PM

Property Details for 249 Terrace Road

StatusActive - Active
MLS #26021377
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built-
Lot Size-
CountyBergen County

Location

Listing Courtesy of Keller Williams City Views Realty, Tony Nabhan
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Payment Calculator

$16,559 per month

30 year fixed, 6.36% Interest

Principal and Interest

$15,921

Property Taxes

$638

HOA Dues

$0

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Property Information for 249 Terrace Road

Summary
Location and General Information
  • Area name: Franklin Lakes
  • Flood plain: None
  • Street Name: Terrace
  • County Name: BERGEN
  • Status: Active
  • Street Number Numeric: 249
  • Street Direction: None
  • Zip Code: 07417
Taxes and HOA Information
  • Other Charges: True
  • Association: None
  • Additional subst: Center Stairwell
  • Tax: $0
Owner
  • Ownership: Private
Property
Lot Information
  • Lot description: Regular
  • Year Built: New Const-New Fdn,
  • Views exposure: None
  • Miscellaneous: Elevator, Hdwd As In, Sprinklers
Property and Assessments
  • Photo Number: 22
  • CourtAppYN: No
Utilities
  • Heatcool: Natural Gas, Forced Air, Zoned
  • Cooling Type: Central Air
Interior and Exterior Features
Interior Features
  • Bedrooms: 5
  • Baths full: 4
  • Baths partial: 1
  • Basement: Finished
  • Number of rooms: 12
  • Lifestyle: 1st Flr Mbdrm, Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Full Baths Total: 5
  • Num of Baths: 4.1
Exterior Features
  • Fireplace: 2 Fireplaces, Gas
  • Exterior: Cement Siding, Stone
  • Miscellaneous: Elevator, Hdwd As In, Sprinklers
  • Pool Type: None
Agent
Sale and Listing Information
  • Management Phone: 201-998-8393
  • Search Class: RES, Residential
  • List Price: $3,195,000.00
  • Listing Date: 06-11-2026
  • Status Date: 06-10-2026
Showing Information
  • Internet Remarks: An exceptional opportunity to own a newly constructed luxury estate on a private one-acre homesite in one of Franklin Lakes' most desirable locations. This residence blends timeless architecture with modern design. A dramatic two-story foyer introduces light-filled interiors. The spectacular two-story great room serves as the centerpiece of the home, creating an impressive setting for everyday living and entertaining. Formal living and dining rooms provide elegant gathering spaces, while a private study offers flexibility as a home office or guest suite. The designer kitchen is positioned at the heart of the home, with an open-concept layout flowing seamlessly into the surrounding living areas. A first-floor laundry room and planned residential elevator add convenience. The second level is highlighted by a luxurious primary suite with expansive closet space and a spa-inspired bath. Additional accommodations include a private en-suite bedroom and two bedrooms connected by a Jack-and-Jill bath. The expansive lower level offers endless possibilities for recreation, fitness, entertaining, or additional living space. Pool approvals are in place, creating the opportunity for a private outdoor resort-style retreat. Located in one of Bergen County's premier communities, Franklin Lakes is renowned for top-rated schools, beautiful parks, upscale dining, and access to New York City. A rare opportunity to own a brand-new luxury home offering exceptional scale, privacy, and lifestyle.

Property History for 249 Terrace Road

DateEvent & SourcePriceAppreciation
Jun 10, 2026

Listed (Active)

NJMLS #26021377

$3,195,000
Apr 29, 2026

Temporarily Off Market

NJMLS #26012363

Apr 10, 2026

Listed (Active)

NJMLS #26012363

$3,499,000
DateEvent & SourcePrice
06/10/2026

Listed (Active)

NJMLS #26021377

$3,195,000
04/29/2026

Temporarily Off Market

NJMLS #26012363

04/10/2026

Listed (Active)

NJMLS #26012363

$3,499,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 249 Terrace Road

Taxable ValueLand$426,600Additions-Total$426,600
Tax Record2024$7,662 ($638 / month)
Home Facts
Beds0Lot Size47,916 SqFtStyleMiscellaneous Vacant LandZoningA40CountyBERGENAPN20 01207- 02-00001- 04

Schools near 249 Terrace Road

This home is within Ramapo Indian Hills Regional High School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Colonial Road School
PublicPK to 5

Franklin Ave Middle School
Public6 to 8

Indian Hills High School
Public9 to 12

Ramapo High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

249 Terrace Road is a single family home for sale in Franklin Lakes, NJ 07417. This property was listed for sale on June 11, 2026 by Keller Williams City Views Realty, it's currently listed at $3,195,000. It has been on the market for a total of 16 days and was last sold on November 14, 2023. This listing's school districts are Ramapo Indian Hills Regional High School District, Franklin Lakes Public School District. Nearby schools include Colonial Road School, Franklin Ave Middle School and Indian Hills High School. 249 Terrace Road is a 5-bed, 5-bath, single family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams City Views Realty, Tony Nabhan

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked 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. All information deemed reliable but not guaranteed. Last date updated: 06/26/2026 08:33 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 06/26/2026 08:33 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.