287 CEDAR GROVE LANE, Franklin Township, NJ, 08873
About This Home
31.5 ACRES. Zoned Residential/Agricultural. Perfect setting in an amazing LOCATION. Outstanding Opportunity to own in one of the most desirable areas in New Jersey. Surrounded by an array of places of worship, schools, businesses, residential opportunities, parks and conveniences. One hour drive from NYC, Jersey Shore, Rivertowns and Philadelphia, PA
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
Materials
- Roof: Asphalt Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: See Remarks
Basement
- Has basement: Yes
- Basement: Yes,Unfinished
Heating & Cooling
- Heating features: See Remarks
- Cooling features: See Remarks
Kitchen
- Features: See Remarks
Property
Details
- Parcel number: 2708005080002000110000
- Zoning description: R40
- Exclusions: AS-IS
Features
- Fencing: Metal Fence,Privacy
Lot
- Lot size: 31.50 Acres
- Features: Level,Open Lot,Split Possible
- Lot size dimensions: 31.5 ACRE
Parking
- Total spaces: 6
- Parking features: Crushed Stone
- Uncovered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Ice Storm
- Strong Wind
- Winter Weather
- Cold Wave
- Earthquake
- Heat Wave
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $27,810 | $333,720 |
| Home Insurance * | $1,679 | $20,148 |
| Property Taxes | $8,433 | $101,196 |
| Electricity | $193 | $2,318 |
| Total | $38,115 | $457,380 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-05 | Listed for sale | $5,500,000 |
| 2025-12-23 | Pending sale | $5,500,000 |
| 2025-10-09 | Listed for sale | $5,500,000 |
| 2025-08-20 | Pending sale | $5,500,000 |
| 2025-06-24 | Listed for sale | $5,500,000 |
| 2025-06-10 | Pending sale | $5,500,000 |
| 2025-06-10 | Listed for sale | $5,500,000 |
| 2025-01-16 | Pending sale | $5,500,000 |
| 2024-10-17 | Listed for sale | $5,500,000 |
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