$607,000
SOLD AUG 21, 2015

42 Terrace Rd New Providence, NJ 07974

3 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Recently Sold

About This Home

As of August 2019

This home is located at 42 Terrace Rd, New Providence, NJ 07974 and is currently priced at $607,000. This property was built in 1950. 42 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

LAURA HAPP

BHHS FOX & ROACH Brokerage Phone: 908-464-5200 Listed on: 08/21/2015

Last Buyer's Agent

DONNA L. TEDESCO

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,995

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,995

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • County Name: Union
  • Street Number Display: 42
  • I D: 4546165
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 908-464-5200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .194 AC
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Angelo Patrick M and Bucher Laura M
Bought by
Bucher Laura M
Total Days on Market
0
Current Estimated Value
$890,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,736
Outstanding Balance
$351
Interest Rate
0.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$863,970

Purchase Details

Closed on
Jun 20, 2019
Sold by
Carlson Philip E and Carlson Lynsey W
Bought by
Angelo Patrick M and Bucher Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2015
Closed on
Jul 18, 2015
Sold by
Fennessy Michael R and Fennessy Jill S
Bought by
Carlson Philip E and Carlson Lynsey W
Seller's Agent
LAURA HAPP
BHHS FOX & ROACH
Buyer's Agent
DONNA L. TEDESCO
WEICHERT REALTORS
Sold Price
$607,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$485,600
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 31, 2012
Closed on
Aug 23, 2012
Sold by
Albanese Debra A
Bought by
Fennesy Michael R and Fennesy Jill S
Buyer's Agent
LAURA HAPP
BHHS FOX & ROACH
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Source: Public Records

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Range of Values:

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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
Interfamily Deed Transfer -- Chicago Title Company Llc
Bargain Sale Deed $630,000 Chicago Title Company Llc
Bargain Sale Deed $607,000 Attorney
Deed $465,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,736 Stand Alone Refi Refinance Of Original Loan
Open $310,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $200,000 New Conventional
Previous Owner $485,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $630,000 +2.6% --
06/27/2019 06/27/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $614,000 +1.2% --
08/21/2015 08/21/15 Sold $607,000 +30.5% --
08/31/2012 08/31/12 Sold $465,000 -- --
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 $13,995 $279,500 $146,300 $133,200
2023 $13,995 $279,500 $146,300 $133,200
2022 $13,802 $279,500 $146,300 $133,200
2021 $13,701 $279,500 $146,300 $133,200
2020 $13,696 $279,500 $146,300 $133,200
2019 $13,612 $279,500 $146,300 $133,200
2018 $13,542 $279,500 $146,300 $133,200
2017 $13,321 $279,500 $146,300 $133,200
2016 $13,134 $279,500 $146,300 $133,200
2015 $12,952 $253,900 $146,300 $107,600
2014 $11,588 $244,200 $146,300 $97,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3235327

Garden State MLS

APN: 11-00031-0000-00017