40 Butternut Rd Vernon, NJ 07462
Estimated Value: $336,174 - $404,000
--
Bed
--
Bath
1,440
Sq Ft
$255/Sq Ft
Est. Value
About This Home
This home is located at 40 Butternut Rd, Vernon, NJ 07462 and is currently estimated at $367,544, approximately $255 per square foot. 40 Butternut Rd 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
Oct 18, 2022
Sold by
Elsea John
Bought by
Elsea John and Elsea Beth
Current Estimated Value
Purchase Details
Closed on
Jan 26, 2022
Sold by
Nina Ferrara
Bought by
Elsea John
Purchase Details
Closed on
Apr 21, 2006
Sold by
Ferrara Nina
Bought by
Ferrara Nina
Purchase Details
Closed on
May 23, 2005
Sold by
Dalessio John and Dalessio Lisa
Bought by
Ferrara Nina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
5.83%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 6, 2001
Sold by
Terranova Robert W and Terranova Judy
Bought by
Dalessio John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.2%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elsea John | -- | -- | |
| Elsea John | -- | Dattolo Angelo | |
| Ferrara Nina | -- | First American Title Ins Co | |
| Ferrara Nina | $289,000 | First American Title Ins Co | |
| Dalessio John | $160,000 | Stewart Title Guaranty Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ferrara Nina | $259,000 | |
| Previous Owner | Dalessio John | $120,200 | |
| Previous Owner | Dalessio John | $40,000 | |
| Previous Owner | Dalessio John | $120,000 |
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 |
|---|---|---|---|---|
| 2024 | $7,094 | $296,100 | $157,900 | $138,200 |
| 2023 | $7,094 | $273,600 | $132,900 | $140,700 |
| 2022 | $7,129 | $252,900 | $117,900 | $135,000 |
| 2021 | $6,855 | $218,100 | $96,500 | $121,600 |
| 2020 | $6,827 | $218,100 | $101,500 | $116,600 |
| 2019 | $6,952 | $246,700 | $123,000 | $123,700 |
| 2018 | $6,644 | $246,700 | $123,000 | $123,700 |
| 2017 | $6,466 | $246,700 | $123,000 | $123,700 |
| 2016 | $6,456 | $246,700 | $123,000 | $123,700 |
| 2015 | $6,434 | $246,700 | $123,000 | $123,700 |
| 2014 | $6,493 | $246,700 | $123,000 | $123,700 |
Source: Public Records
Map
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