NOT LISTED FOR SALE

16 Cedar Terrace Vernon, NJ 07462

Estimated Value: $344,685 - $463,000

-- Bed
-- Bath
1,683 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 16 Cedar Terrace, Vernon, NJ 07462 and is currently estimated at $406,671, approximately $241 per square foot. 16 Cedar Terrace is a home located in Sussex County with nearby schools including Lounsberry Hollow, Rolling Hills Elementary School, and Glen Meadow School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 1996
Sold by
Wright William P and Wright Lois M
Bought by
Shears Lawrence P
Current Estimated Value
$406,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Outstanding Balance
$4,950
Interest Rate
6.9%
Estimated Equity
$401,721

Purchase Details

Closed on
Jan 20, 1995
Sold by
Dagosta Lenore Palffy
Bought by
Wright William
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Shears Lawrence P $142,000 --
Wright William $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shears Lawrence P $127,800
Source: Public Records

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 $8,243 $351,700 $196,700 $155,000
2024 $7,522 $337,700 $196,700 $141,000
2023 $7,522 $290,100 $151,700 $138,400
2022 $8,313 $294,900 $151,700 $143,200
2021 $8,037 $255,700 $126,700 $129,000
2020 $7,828 $250,100 $121,700 $128,400
2019 $6,349 $225,300 $111,800 $113,500
2018 $6,067 $225,300 $111,800 $113,500
2017 $5,905 $225,300 $111,800 $113,500
2016 $5,896 $225,300 $111,800 $113,500
2015 $5,876 $225,300 $111,800 $113,500
2014 $5,930 $225,300 $111,800 $113,500
Source: Public Records

Map

New Jersey Sussex County Vernon 07462

16 Cedar Terrace, Vernon, NJ

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