$185,000
SOLD JUL 2, 2025

1 Great Gorge Terrace Vernon, NJ 07462

1 Bed
1 Bath
756 Sq Ft
436 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

6 Days on Market

About This Home

As of July 2025

This home is located at 1 Great Gorge Terrace, Vernon, NJ 07462 and is currently priced at $185,000, approximately $244 per square foot. This property was built in 1983. 1 Great Gorge Terrace is a home located in Sussex County with nearby schools including Lounsberry Hollow, Rolling Hills Elementary School, and Glen Meadow School.

Last Agent to Sell the Property

Tina Marcella

KELLER WILLIAMS INTEGRITY Brokerage Phone: 973-726-0088 Listed on: 05/08/2025

KELLER WILLIAMS INTEGRITY

Co-Listed By

John Schlaffer

KELLER WILLIAMS INTEGRITY Brokerage Phone: 973-726-0088

Last Buyer's Agent

Christopher Bruscino

REALTY EXECUTIVES EXCEPTIONAL

REALTY EXECUTIVES EXCEPTIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,619

Year Built

  • Built in 1983

Lot Details

  • 436 Sq Ft Lot

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,619

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • County Name: Sussex
  • Street Number Display: 1
  • I D: 5354856
  • Modified: 2025-07-03
  • Number Images: 1
  • Attribution Contact: 973-726-0088
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 2.27 %
  • Total Acres: 0.01

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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Public Records

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

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Map

Source: Garden State MLS

MLS Number: 3961663

Garden State MLS

APN: 22-00232-01-00001