1 Melrose Terrace Middletown, NJ 07748
New Monmouth NeighborhoodEstimated Value: $636,000 - $716,000
2
Beds
1
Bath
1,956
Sq Ft
$347/Sq Ft
Est. Value
About This Home
This home is located at 1 Melrose Terrace, Middletown, NJ 07748 and is currently estimated at $678,109, approximately $346 per square foot. 1 Melrose Terrace is a home located in Monmouth County with nearby schools including New Monmouth Elementary School, Thorne Middle School, and Middletown High School North.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 25, 2004
Sold by
Prudential Residential
Bought by
Tramontelli Gino and Hawkes Roseanne
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$131,920
Interest Rate
5.8%
Estimated Equity
$546,189
Purchase Details
Closed on
Sep 21, 2004
Sold by
Johnson Richard
Bought by
Prudential Residential
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$131,920
Interest Rate
5.8%
Estimated Equity
$546,189
Purchase Details
Closed on
Jul 12, 1994
Sold by
Cleary John
Bought by
Johnson Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
8.19%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tramontelli Gino | $330,000 | -- | |
| Prudential Residential | $330,000 | -- | |
| Johnson Richard | $158,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tramontelli Gino | $264,000 | |
| Previous Owner | Johnson Richard | $142,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $8,934 | $586,900 | $345,100 | $241,800 |
| 2024 | $7,470 | $543,100 | $305,700 | $237,400 |
| 2023 | $7,470 | $429,800 | $250,400 | $179,400 |
| 2022 | $7,263 | $395,000 | $224,200 | $170,800 |
| 2021 | $7,263 | $349,200 | $197,300 | $151,900 |
| 2020 | $7,626 | $356,700 | $197,000 | $159,700 |
| 2019 | $7,515 | $355,800 | $197,000 | $158,800 |
| 2018 | $6,997 | $322,900 | $201,500 | $121,400 |
| 2017 | $6,665 | $313,800 | $197,000 | $116,800 |
| 2016 | $6,623 | $310,800 | $197,000 | $113,800 |
| 2015 | $6,639 | $310,800 | $197,000 | $113,800 |
| 2014 | $5,998 | $274,000 | $170,000 | $104,000 |
Source: Public Records
Map
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