NOT LISTED FOR SALE

40 Oak Terrace Hillsborough, NJ 08844

Estimated Value: $830,000 - $852,000

-- Bed
-- Bath
2,406 Sq Ft
$349/Sq Ft Est. Value

About This Home

This home is located at 40 Oak Terrace, Hillsborough, NJ 08844 and is currently estimated at $839,569, approximately $348 per square foot. 40 Oak Terrace is a home located in Somerset County with nearby schools including Hillsborough High School, Cherry Blossom Montessori School, and Brighthorizons at Hillsborough.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2000
Sold by
Finlan Eva
Bought by
Karkhanis Kiram and Karkhanis Pryla
Current Estimated Value
$839,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Outstanding Balance
$100,511
Interest Rate
8.1%
Estimated Equity
$739,058

Purchase Details

Closed on
Jun 30, 1998
Sold by
Liu James H C
Bought by
Finlan Theodore A and Finlan Eva S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Karkhanis Kiram $298,500 --
Finlan Theodore A $237,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karkhanis Kiram $283,500
Previous Owner Finlan Theodore A $214,000
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
2025 $14,628 $744,000 $387,700 $356,300
2024 $14,628 $682,600 $352,700 $329,900
2023 $13,547 $629,200 $297,700 $331,500
2022 $13,059 $584,800 $292,700 $292,100
2021 $12,106 $515,600 $242,700 $272,900
2020 $12,208 $512,100 $237,700 $274,400
2019 $11,866 $493,600 $217,700 $275,900
2018 $11,843 $489,600 $207,700 $281,900
2017 $11,273 $466,800 $182,700 $284,100
2016 $11,063 $458,300 $172,700 $285,600
2015 $10,978 $460,500 $172,700 $287,800
2014 $10,804 $445,100 $172,700 $272,400
Source: Public Records

Map

New Jersey Somerset County Hillsborough 08844

40 Oak Terrace, Hillsborough, NJ

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