$550,000
SOLD APR 11, 2025

22 Colonial Terrace Springfield, NJ 07081

3 Beds
2 Baths
-- Sq Ft
56 Sq Ft Lot

Recently Sold

10% Above List Price

9 Days on Market

About This Home

As of April 2025

This home is located at 22 Colonial Terrace, Springfield, NJ 07081 and is currently priced at $550,000. This property was built in 1924. 22 Colonial Terrace is a home located in Union County with nearby schools including Jonathan Dayton High School and St James The Apostle School.

Last Agent to Sell the Property

MARISA PICA

DAVID REALTY GROUP LLC Brokerage Phone: 908-264-8843 Listed on: 02/19/2025

Last Buyer's Agent

JOSEPH GRECO

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,977

Year Built

  • Built in 1924

Lot Details

  • 56 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,977

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • County Name: Union
  • I D: 5338787
  • Attribution Contact: 908-264-8843
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 56 X 109
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Apr 9, 2025
Sold by
Vizcaya John Michael and Vizcaya Gina Marie
Bought by
Pecana Catherine
Seller's Agent
MARISA PICA
DAVID REALTY GROUP LLC
Buyer's Agent
JOSEPH GRECO
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%
Views
106
Current Estimated Value
$549,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$442
Avg. Annual Appreciation
-0.13%
Original Mortgage
$550,000
Outstanding Balance
$547,559
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$1,999

Purchase Details

Closed on
Aug 24, 2021
Sold by
Vizcaya John and Vizcaya Gina
Bought by
Vizcaya John and Vizcaya Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2011
Sold by
Crowder Michael
Bought by
Vizcaya John and Vizcaya Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,795
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2010
Sold by
Federal National Mortgage Association
Bought by
Crowder Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
4.37%
Mortgage Type
Balloon

Purchase Details

Closed on
May 4, 2010
Sold by
Magers Wayne T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 15, 1998
Sold by
Magers Wayne T and Magers Diane
Bought by
Magers Wayne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
11.5%
Source: Public Records

Range of Values:

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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 $550,000 Guardian Title
Deed $550,000 Guardian Title
Interfamily Deed Transfer -- Title Agency Of Nj Inc
Bargain Sale Deed $255,000 None Available
Special Warranty Deed -- New Jersey Title Ins Co
Sheriffs Deed -- Lawyers Title Insurance Corp
Interfamily Deed Transfer $74,498 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 New Conventional
Closed $550,000 New Conventional
Previous Owner $185,000 New Conventional
Previous Owner $231,795 FHA
Previous Owner $94,500 Balloon
Previous Owner $128,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $550,000 +10.2% --
02/28/2025 02/28/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $499,000 -- --
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 $9,977 $420,100 $186,000 $234,100
2024 $9,814 $420,100 $186,000 $234,100
2023 $9,814 $420,100 $186,000 $234,100
2022 $9,112 $420,100 $186,000 $234,100
2021 $8,659 $116,300 $53,900 $62,400
2020 $8,524 $116,300 $53,900 $62,400
2019 $8,408 $116,300 $53,900 $62,400
2018 $8,257 $116,300 $53,900 $62,400
2017 $8,031 $116,300 $53,900 $62,400
2016 $7,875 $116,300 $53,900 $62,400
2015 $7,783 $116,300 $53,900 $62,400
2014 $7,472 $113,800 $53,900 $59,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    MARISA PICA

    DAVID REALTY GROUP LLC

  • J

    Buyer's Agent in 2025

    JOSEPH GRECO

    CHRISTIE'S INT. REAL ESTATE GROUP

  • Jacqueline Greco

    Buyer Co-Listing Agent in 2025

    Jacqueline Greco

    CHRISTIE'S INT. REAL ESTATE GROUP

    (201) 744-3579

    2 in this area

    36 Total Sales

    Jacqueline Greco
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Map

Source: Garden State MLS

MLS Number: 3946602

Garden State MLS

APN: 17-00902-0000-00025

New Jersey Union County Springfield 07081

22 Colonial Terrace, Springfield, NJ

Sold

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