541 Commerce Street, Franklin Lakes, NJ 07417 Property Information
541 Commerce Street, Franklin Lakes, NJ 07417 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 541 Commerce Street, Franklin Lakes |
| Zip code | 07417 |
| County | Bergen |
| Municipality | Franklin Lakes Borough |
| Block | 1404.01 |
| Lot | 4.02 |
Sales & Tax Overview for 541 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 | 04/30/2025 |
| Sale price | $2,100,000 |
| Arm's length | Register |
| Property tax | $16,503 |
Lot & Building Information for 541 Commerce Street, Franklin Lakes
| Building sqft | 7,000 |
| Building class | Office Building |
| Acreage | 0.71 |
| Year built | 1950 |
Zoning, Use & Area Overview
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Other Property Data for 541 Commerce Street, Franklin Lakes
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- • Improvements for 541 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 541 Commerce Street, Franklin Lakes
This Office Building (SCILSO) located at 541 Commerce Street, Franklin Lakes, NJ 07417 has a total of 7,000 square feet and a current price per square foot of $300.
What is the year built & the current market value of 541 Commerce Street, Franklin Lakes, NJ 07417?541 Commerce Street, Franklin Lakes, NJ 07417 was built in 1950 and has a current tax assessor's market value of $918,900.
Ownership Information
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Past Sales & Property History for 541 Commerce Street, Franklin Lakes
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Title Documents for 541 Commerce Street, Franklin Lakes
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R: Recorded date
D: Document date
Property Taxes for 541 Commerce Street, Franklin Lakes
Access detailed property tax data for 541 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 | $16,503 |
| Market value | $918,900 |
Assessment History for 541 Commerce Street, Franklin Lakes
Here's the assessment & property tax history for 541 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 |
|---|---|---|---|---|---|
| 2024 | $918,900 | $918,900 | 1.796 | $16,503 | +3.82% |
| 2023 | $918,900 | $918,900 | 1.73 | $15,897 | +2.61% |
| 2022 | $918,900 | $918,900 | 1.686 | $15,493 | +1.44% |
| 2021 | $918,900 | $918,900 | 1.662 | $15,272 | +0.85% |
| 2020 | $918,900 | $918,900 | 1.648 | $15,143 | +0.37% |
Demographics By Zip Code
| Total population | 11,035 |
| Median age | 46 |
| Average household income | $321,952 |
| Family households | 86.4% |
| Occupied housing units | 3,778 |
| Owner occupied units | 88.2% |
| Average number of people per household | 2 |
| Median year structure built | 1981 |
| Median value for units with a mortgage | $1,302,900 |
| Median value for units without a mortgage | $1,044,900 |
Risk
Create a free account to unlock extended information for 541 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) | 0.2, X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
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Neighbors for 541 Commerce Street, Franklin Lakes
Here are the neighbors for 541 Commerce Street, Franklin Lakes.