$601,000
SOLD JUL 31, 2025

150 Merriam Ave Newton, NJ 07860

4 Beds
3 Baths
2,340 Sq Ft
0.33 Acres

Recently Sold

$257 Per Sq Ft

9% Above List Price

22 Days on Market

About This Home

As of July 2025

This home is located at 150 Merriam Ave, Newton, NJ 07860 and is currently priced at $601,000, approximately $256 per square foot. 150 Merriam Ave is a home located in Sussex County with nearby schools including Merriam Avenue School, Halsted Street Middle School, and Newton High School.

Last Agent to Sell the Property

RACHEL BUCCI

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 05/29/2025

Last Buyer's Agent

RACHEL BUCCI

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 05/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,578

Lot Details

  • 0.33 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,578

Lot Details

0

Listing Details

  • County Name: Sussex
  • I D: 5361435
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 00000.329 AC.
  • Total Acres: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 24, 2025
Sold by
Marion Gary F
Bought by
Prajapati Ashwin
Seller's Agent
RACHEL BUCCI
EXP REALTY, LLC
Buyer's Agent
RACHEL BUCCI
EXP REALTY, LLC
List Price
$549,000
Sold Price
$601,000
Premium/Discount to List
$52,000
9.47%
Views
56
Current Estimated Value
$592,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,902
Avg. Annual Appreciation
-4.56%
Original Mortgage
$570,950
Outstanding Balance
$566,977
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$25,121

Purchase Details

Closed on
Oct 30, 2000
Sold by
Borelli Frank A and Borelli Sandra A
Bought by
Marion Gary F and Marion Theresa Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.83%

Purchase Details

Closed on
Jul 16, 1996
Sold by
N D Associates Inc
Bought by
Borelli Frank A and Borelli Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,120
Interest Rate
8.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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 $601,000 Stewart Title Guaranty Company
Deed $601,000 Stewart Title Guaranty Company
Bargain Sale Deed $229,900 --
Deed $181,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,950 New Conventional
Closed $570,950 New Conventional
Previous Owner $124,000 No Value Available
Previous Owner $145,120 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $601,000 +9.5% $257 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $549,000 -- $235 / 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
2025 $13,578 $523,200 $114,700 $408,500
2024 $13,298 $497,900 $96,500 $401,400
2023 $13,298 $295,900 $71,500 $224,400
2022 $13,351 $295,900 $71,500 $224,400
2021 $13,292 $295,900 $71,500 $224,400
2020 $13,088 $295,900 $71,500 $224,400
2019 $12,682 $295,900 $71,500 $224,400
2018 $12,614 $295,900 $71,500 $224,400
2017 $12,540 $295,900 $71,500 $224,400
2016 $12,339 $295,900 $71,500 $224,400
2015 $12,014 $295,900 $71,500 $224,400
2014 $11,765 $295,900 $71,500 $224,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3966154

Garden State MLS

APN: 15 00016- 02-00050