NOT LISTED FOR SALE

22 Terrace Rd New Providence, NJ 07974

Estimated Value: $772,000 - $862,000

3 Beds
2 Baths
-- Sq Ft
0.37 Acres

Last Sold March 31, 2023

Last sale price $650,000

Est. 26% increase in value since last sale

Current estimated payment $5,597/month

42 Days on Market

About This Home

As of March 2023

This home is located at 22 Terrace Rd, New Providence, NJ 07974 since 19 January 2023 and is currently estimated at $820,704. This property was built in 1938. 22 Terrace Rd is a home located in Union County with nearby schools including New Providence High School and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Michelle Daniher

COMPASS NEW JERSEY, LLC Brokerage Phone: 973-310-6816 Listed on: 01/19/2023

COMPASS NEW JERSEY, LLC

Last Buyer's Agent

Nicholas Sisk

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,924

Year Built

  • Built in 1938

Lot Details

  • 0.37 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,924

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • County Name: Union
  • Street Number Display: 22
  • I D: 5199010
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-310-6816
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: .371 AC
  • Total Acres: 0.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 24, 2023
Sold by
Prunier James and Prunier Kari J
Bought by
Weakley Brendan R and Phelan Patricia I
Seller's Agent
Michelle Daniher
COMPASS NEW JERSEY, LLC
Buyer's Agent
Nicholas Sisk
KELLER WILLIAMS REALTY
List Price
$589,000
Sold Price
$650,000
Premium/Discount to List
$61,000
10.36%
Views
291
Current Estimated Value
$820,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,704
Avg. Annual Appreciation
7.46%
Original Mortgage
$520,000
Outstanding Balance
$507,270
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$267,512
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 Buyer Sale Price Title Company
Weakley Brendan R $650,000 Main Street Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weakley Brendan R $520,000
Previous Owner Prunier James $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $650,000 +10.4% --
03/10/2023 03/10/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $589,000 -- --
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
2024 $13,924 $278,100 $156,600 $121,500
2023 $13,924 $278,100 $156,600 $121,500
2022 $12,483 $278,100 $156,600 $121,500
2021 $13,632 $278,100 $156,600 $121,500
2020 $13,627 $278,100 $156,600 $121,500
2019 $13,543 $278,100 $156,600 $121,500
2018 $13,474 $278,100 $156,600 $121,500
2017 $13,254 $278,100 $156,600 $121,500
2016 $13,068 $278,100 $156,600 $121,500
2015 $12,637 $278,100 $156,600 $121,500
2014 $12,442 $278,100 $156,600 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3825163

Garden State MLS

APN: 11-00031-0000-00014