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3227 Franklin Ln, Rockaway, NJ, 07866

2beds
2baths
1,620sqft
$485,000
$299price/sqft
$3,512/moest. monthly cost
$140,480/yrincome needed

About This Home

Rare Kensington Listing in the Jefferson Building. Only 12 units like it in the complex. This is an interior corner unit with a large patio. 2 Bedrooms 2 Baths with a laundry room. Kitchen/Living Room/Dining Room all open concept. Kitchen has an island. Hardwood floors in the living area. Owners still in the process of moving out, please excuse the mess. Fox Hills is an active over 55 Community. All buildings are equipped with elevators. This unit includes 1 parking spot under the building with storage in front of the space. Active clubhouse with many activities as well as indoor & outdoor pools, sauna, gym, card room, billiards room and ball room. Take advantage of an active community. Please check with association for all fees.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

5/10
Copeland Middle SchoolGrades 6-81.3 mi
6/10
Morris Knolls High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 2000

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Dryer,Range/Oven-Gas,Refrigerator,Washer,Water Softener Owned,Gas Water Heater
  • Laundry features: Laundry Room,Level 2

Basement

  • Basement: None

Bedroom1

  • Level: Second
  • Area: 399

Bedroom2

  • Level: Second
  • Area: 195

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Living/Dining Combo
  • Level: Second

Features

  • See Remarks
  • Window features: Blinds
  • Flooring: Carpet,Wood

Heating & Cooling

  • Heating features: 1 Unit,Forced Air,Natural Gas
  • Cooling features: 1 Unit

Interior Area

  • Total structure area: 1,620
  • Total interior livable area: 1,620 sqft

Kitchen

  • Features: Kitchen Island
  • Level: Second
  • Area: 104

Living Room

  • Level: Second
  • Area: 323

Master Bathroom

  • Features: Stall Shower And Tub

Property

Accessibility

  • Accessibility features: Handicap Modified

Details

  • Parcel number: 2335113020003000020027
  • Zoning description: Res

Features

  • Levels: One,One Floor Unit
  • Stories: 1
  • Private pool: Yes
  • Pool features: Association
  • Patio & porch: Patio
  • Exterior features: Curbs,Sidewalk,Tennis Court(s)

Lot

  • Lot size dimensions: common

Parking

  • Total spaces: 1
  • Parking features: Asphalt,Common,Parking Lot-Shared,Garage Door Opener,Underground
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $2,452$29,424
Home Insurance *$124$1,488
Property Taxes $743$8,916
Electricity $193$2,318
Total$3,512$42,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$120,411/yr
40% on housing$105,360/yr
45% on housing$93,653/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$299This listing

vs Other Active Listings

Avg $/sqft

ZIP 07866$292
Morris County$395

vs Homes Sold Last Month

Median $/sqft

ZIP 07866$346
Morris County$367

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)

Price History

DateEventPrice
2026-05-19Listed for sale$485,000
2014-09-16Sold$279,900
2002-12-24Sold$229,900

For Sale by Agent

AgentSusan Gerardo
BrokerageBhhs Horizon Realty

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