16 Terrace Ln Bridgewater, NJ 08807
Estimated Value: $864,764 - $915,000
4
Beds
3
Baths
2,398
Sq Ft
$372/Sq Ft
Est. Value
About This Home
This home is located at 16 Terrace Ln, Bridgewater, NJ 08807 and is currently estimated at $891,691, approximately $371 per square foot. 16 Terrace Ln is a home located in Somerset County with nearby schools including Milltown School, Eisenhower Intermediate School, and Bridgewater-Raritan Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 18, 1996
Sold by
Royal Estates Inc
Bought by
Xun He and Hou Mei
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
$187,000
Outstanding Balance
$17,368
Interest Rate
8.22%
Estimated Equity
$874,323
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xun He | $233,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xun He | $187,000 |
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 | $13,105 | $680,900 | $286,900 | $394,000 |
| 2024 | $13,105 | $671,700 | $286,900 | $384,800 |
| 2023 | $12,285 | $618,900 | $286,900 | $332,000 |
| 2022 | $11,852 | $577,300 | $276,900 | $300,400 |
| 2021 | $11,643 | $560,100 | $276,900 | $283,200 |
| 2020 | $11,649 | $556,300 | $276,900 | $279,400 |
| 2019 | $11,643 | $550,500 | $276,900 | $273,600 |
| 2018 | $11,495 | $544,800 | $276,900 | $267,900 |
| 2017 | $11,217 | $531,100 | $266,900 | $264,200 |
| 2016 | $11,031 | $530,100 | $266,900 | $263,200 |
| 2015 | $10,987 | $528,200 | $266,900 | $261,300 |
| 2014 | $10,121 | $479,200 | $246,900 | $232,300 |
Source: Public Records
Map
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