542 Commerce Street, Franklin Lakes, NJ 07417 Property Information
542 Commerce Street, Franklin Lakes, NJ 07417 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 542 Commerce Street, Franklin Lakes |
| Zip code | 07417 |
| County | Bergen |
| Municipality | Franklin Lakes Borough |
| Block | 1404 |
| Lot | 5 |
Sales & Tax Overview for 542 Commerce Street, Franklin Lakes
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/12/2024 |
| Sale price | $1,800,000 |
| Arm's length | Register |
| Property tax | $14,280 |
Lot & Building Information for 542 Commerce Street, Franklin Lakes
| Building class | Industrial (4B) |
| Acreage | 1.157 |
| Year built | 1950 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 542 Commerce Street, Franklin Lakes
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- • Improvements for 542 Commerce Street, Franklin Lakes , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 542 Commerce Street, Franklin Lakes
542 Commerce Street, Franklin Lakes, NJ 07417 was built in 1950 and has a current tax assessor's market value of $750,000.
Ownership Information
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Past Sales & Property History for 542 Commerce Street, Franklin Lakes
Create a free account to view the complete sales history for 542 Commerce Street, Franklin Lakes, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 12/12/2024 | $1,800,000 | Register | Register |
Title Documents for 542 Commerce Street, Franklin Lakes
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R: Recorded date
D: Document date
Property Taxes for 542 Commerce Street, Franklin Lakes
Access detailed property tax data for 542 Commerce Street, Franklin Lakes, NJ 07417. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $14,280 |
| Market value | $750,000 |
Assessment History for 542 Commerce Street, Franklin Lakes
Here's the assessment & property tax history for 542 Commerce Street, Franklin Lakes, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $750,000 | $750,000 | 1.904 | $14,280 | +6.01% |
| 2024 | $750,000 | $750,000 | 1.796 | $13,470 | +3.82% |
| 2023 | $750,000 | $750,000 | 1.73 | $12,975 | +2.61% |
| 2022 | $750,000 | $750,000 | 1.686 | $12,645 | +1.44% |
| 2021 | $750,000 | $750,000 | 1.662 | $12,465 | +0.85% |
Demographics by Zip Code
| Total population | 11,112 |
| Median age | 46.3 |
| Average household income | $307,689 |
| Family households | 85.9% |
| Occupied housing units | 3,809 |
| Owner occupied units | 88.8% |
| Average number of people per household | 2.92 |
| Median year structure built | 1983 |
| Median value for units with a mortgage | $1,369,000 |
| Median value for units without a mortgage | $982,300 |
Risk
Create a free account to unlock extended information for 542 Commerce Street, Franklin Lakes, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 542 Commerce Street, Franklin Lakes to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Neighbors for 542 Commerce Street, Franklin Lakes
Here are the neighbors for 542 Commerce Street, Franklin Lakes.