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740 Van Houten Avenue

Michael Todaro Of Serhant Represents Buyer In Sale Of Franklin Lakes Single Family For $2.4M
SOLDSingle Family Residence

Michael Todaro Of Serhant Represents Buyer In Sale Of Franklin Lakes Single Family For $2.4M

740 Van Houten Avenue

$2,400,000

$413/SF

Building Size

5,800 SF

Asset Type

Single Family Residence

Closing

Jan 27, 2026

AI

A single-family home located at 740 Van Houten Avenue in the Franklin Lakes market has been sold. The sale price was $2,400,000, with a total square footage of 5,800, which breaks down to a price per square foot of $413.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,400,000
  • Address: 740 Van Houten Avenue
  • Market: Franklin Lakes
  • Square Footage: 5,800
  • Price per Square Foot: $413
  • Buyer's Representative: Michael Todaro - Serhant

The transaction involved Michael Todaro, who represented the buyer through the agency Serhant, facilitating the sale of the property and ensuring a smooth negotiation process.

Players

Michael Todaro

Serhant

Broker

$26.3M

vol

13 deals

Broker
Serhant
SerhantBrokerage

Franklin Lakes Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93