1 Great Gorge Terrace Vernon, NJ 07462
1
Bed
1
Bath
756
Sq Ft
$320/mo
HOA Fee
Highlights
- Formal Dining Room
- Storage Room
- Electric Baseboard Heater
- Patio
- 1-Story Property
- Storm Doors
About This Home
As of July 2025Looking for a rental investment, first time home purchase or maybe downsizing? Take a look at this cozy one floor end unit with fireplace near restaurants, recreational activities and more. The kitchen offers easy access to the semi private patio. The unit is cooled by 2 wall a/c units. The Living/Dining Room area offers open space for entertaining; plus there is a personal storage unit in the shared basement for equipment, bikes, etc. Laundry facility in the basement. Great location just minutes from town center, ski resort, water park, golf courses, wineries, apple orchards, hiking and bike trails and more! Don't let this opportunity pass you by. No Airbnb rentals permitted at Great Gorge Terrace. All room sizes are approximate.
Last Agent to Sell the Property
COLDWELL BANKER REALTY Brokerage Phone: 973-600-0811 Listed on: 09/20/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,741
Year Built
- Built in 1983
HOA Fees
- $320 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 756 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Storage Room
- Wall to Wall Carpet
Kitchen
- Electric Oven or Range
- Self-Cleaning Oven
- Recirculated Exhaust Fan
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Parking
- 1 Parking Space
- Parking Lot
Outdoor Features
- Patio
Schools
- Vernon Elementary And Middle School
- Vernon High School
Utilities
- Two Cooling Systems Mounted To A Wall/Window
- Window Unit Cooling System
- Electric Baseboard Heater
- Standard Electricity
- Water Tap or Transfer Fee
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 2822-00606-0000-00016-0000-
- Tax Block *
Community Details
Overview
- Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection
- $640 Other One-Time Fees
Amenities
- Community Storage Space
Pet Policy
- Pets Allowed
Security
- Storm Doors
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2022
Closed on
Dec 7, 2022
Sold by
Foster Maureen V
Bought by
Polizos Nikolas and Pullis Jillian
Seller's Agent
Gina Lancellotti
COLDWELL BANKER REALTY
Buyer's Agent
Tina Marcella
KELLER WILLIAMS INTEGRITY
List Price
$110,000
Sold Price
$120,000
Premium/Discount to List
$10,000
9.09%
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Original Mortgage
$116,400
Outstanding Balance
$113,550
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$63,580
Purchase Details
Closed on
Jan 7, 1998
Sold by
Diamound Leasing & Management Corp
Bought by
Grimaldi Antonio
Purchase Details
Closed on
Jun 21, 1996
Sold by
Vi Associates Lp
Bought by
Zager Ralph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.98%
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MARLON TATIS KELLER WILLIAMS VILLAGE SQUARE
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $120,000 | Allied Title | |
| Deed | $117,000 | -- | |
| Deed | $144,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $116,400 | New Conventional | |
| Previous Owner | $115,200 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $185,000 | 0.0% | $245 / Sq Ft |
| 07/02/2025 07/02/25 | For Rent | $1,700 | 0.0% | -- |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 05/10/2025 05/10/25 | For Sale | $185,000 | +54.2% | $245 / Sq Ft |
| 12/09/2022 12/09/22 | Sold | $120,000 | +9.1% | $159 / Sq Ft |
| 11/09/2022 11/09/22 | Pending | -- | -- | -- |
| 11/01/2022 11/01/22 | For Sale | $110,000 | 0.0% | $146 / Sq Ft |
| 10/14/2022 10/14/22 | Pending | -- | -- | -- |
| 09/20/2022 09/20/22 | For Sale | $110,000 | -- | $146 / Sq Ft |
Source: Garden State MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,619 | $108,800 | $67,000 | $41,800 |
| 2023 | $2,619 | $101,000 | $60,000 | $41,000 |
| 2022 | $2,799 | $99,300 | $60,000 | $39,300 |
| 2021 | $1,741 | $55,400 | $20,000 | $35,400 |
| 2020 | $1,615 | $51,600 | $17,000 | $34,600 |
| 2019 | $1,973 | $70,000 | $50,000 | $20,000 |
| 2018 | $1,885 | $70,000 | $50,000 | $20,000 |
| 2017 | $1,835 | $70,000 | $50,000 | $20,000 |
| 2016 | $1,832 | $70,000 | $50,000 | $20,000 |
| 2015 | $2,086 | $80,000 | $50,000 | $30,000 |
| 2014 | $2,106 | $120,800 | $50,000 | $70,800 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Bruscino
Seller's Agent in 2025
Christopher Bruscino
REALTY EXECUTIVES EXCEPTIONAL
(973) 903-5917
89 in this area
285 Total Sales
-
Tina Marcella
T
Seller's Agent in 2025
Tina Marcella
KELLER WILLIAMS INTEGRITY
15 in this area
26 Total Sales
-
Jeannette Burke
Seller Co-Listing Agent in 2025
Jeannette Burke
REALTY EXECUTIVES EXCEPTIONAL
(973) 670-1960
6 in this area
79 Total Sales
-
John Schlaffer
Seller Co-Listing Agent in 2025
John Schlaffer
KELLER WILLIAMS INTEGRITY
(862) 268-4726
48 in this area
155 Total Sales
-
Gina Lancellotti
Seller's Agent in 2022
Gina Lancellotti
COLDWELL BANKER REALTY
(973) 600-0811
13 in this area
39 Total Sales
Map
Source: Garden State MLS
MLS Number: 3808364
APN: 22-00232-01-00001
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