NOT LISTED FOR SALE

5 Great Gorge Terrace Vernon, NJ 07462

Estimated Value: $125,000 - $176,000

1 Bed
-- Bath
756 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 5 Great Gorge Terrace, Vernon, NJ 07462 and is currently estimated at $158,387, approximately $209 per square foot. 5 Great Gorge Terrace is a home 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
Aug 29, 2024
Sold by
Gello Investments Llc
Bought by
Frasco Frank A and Frasco Krista M
Current Estimated Value
$158,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Outstanding Balance
$118,976
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$39,411

Purchase Details

Closed on
Jun 1, 2022
Sold by
Greenwood Doree E
Bought by
Gello Investments Llc

Purchase Details

Closed on
Sep 22, 1998
Sold by
Federal National Mortgage Association
Bought by
Greenwood Doree E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
6.89%
Mortgage Type
Commercial
Source: Public Records

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
Frasco Frank A $175,000 Stewart Title
Frasco Frank A $175,000 Stewart Title
Gello Investments Llc $75,000 Chicago Title
Gello Investments Llc $75,000 Chicago Title
Greenwood Doree E $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frasco Frank A $120,250
Closed Frasco Frank A $120,250
Previous Owner Greenwood Doree E $38,700
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 $2,631 $158,400 $115,000 $43,400
2024 $2,593 $107,800 $67,000 $40,800
2023 $2,593 $100,000 $60,000 $40,000
2022 $2,774 $98,400 $60,000 $38,400
2021 $1,716 $54,600 $20,000 $34,600
2020 $1,590 $50,800 $17,000 $33,800
2019 $1,973 $70,000 $50,000 $20,000
2018 $1,885 $70,000 $50,000 $20,000
2017 $1,835 $70,000 $50,000 $20,000
2016 $1,832 $70,000 $50,000 $20,000
2015 $3,150 $120,800 $50,000 $70,800
2014 $3,179 $120,800 $50,000 $70,800
Source: Public Records

Map

New Jersey Sussex County Vernon 07462

5 Great Gorge Terrace, Vernon, NJ

This home is located at 5 Great Gorge Terrace, Vernon, NJ 07462 and is currently estimated at $158,387, approximately $209 per square foot. 5 Great Gorge Terrace is a home with nearby schools including Lounsberry Hollow, Rolling Hills Elementary School, and Glen Meadow School.

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