NOT LISTED FOR SALE

28 Lorraine Terrace Unit 1 Boonton, NJ 07005

Estimated Value: $591,224 - $708,000

3 Beds
1 Bath
2,560 Sq Ft
$254/Sq Ft Est. Value

About This Home

This home is located at 28 Lorraine Terrace Unit 1, Boonton, NJ 07005 and is currently estimated at $650,806, approximately $254 per square foot. 28 Lorraine Terrace Unit 1 is a home located in Morris County with nearby schools including School Street Elementary School, John Hill Elementary School, and Boonton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Mughal Munir Ahmed and Mughal Rahila M
Bought by
Peak Empire Llc
Current Estimated Value
$650,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2002
Sold by
Giansanti Carlo
Bought by
Mughal Munir and Mughal Rahila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,600
Interest Rate
6.19%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Peak Empire Llc -- --
Mughal Munir $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peak Empire Llc $487,500
Previous Owner Mughal Munir Ahmed $235,000
Previous Owner Mughal Munir $292,600
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
2024 $12,809 $389,200 $175,600 $213,600
2023 $12,809 $389,200 $175,600 $213,600
2022 $12,139 $389,200 $175,600 $213,600
2021 $12,139 $389,200 $175,600 $213,600
2020 $11,637 $389,200 $175,600 $213,600
2019 $11,789 $389,200 $175,600 $213,600
2018 $11,478 $389,200 $175,600 $213,600
2017 $10,999 $389,200 $175,600 $213,600
2016 $10,711 $389,200 $175,600 $213,600
2015 $10,536 $389,200 $175,600 $213,600
2014 $10,302 $389,200 $175,600 $213,600
Source: Public Records

Map

New Jersey Morris County Boonton 07005

28 Lorraine Terrace Unit 1, Boonton, NJ

Homes for Sale in Boonton, NJ

This home is located at 28 Lorraine Terrace Unit 1, Boonton, NJ 07005 and is currently estimated at $650,806, approximately $254 per square foot. 28 Lorraine Terrace Unit 1 is a home located in Morris County with nearby schools including School Street Elementary School, John Hill Elementary School, and Boonton High School.

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