5 Lorraine Terrace Boonton, NJ 07005
Estimated Value: $633,041 - $764,000
--
Bed
--
Bath
2,560
Sq Ft
$276/Sq Ft
Est. Value
About This Home
This home is located at 5 Lorraine Terrace, Boonton, NJ 07005 and is currently estimated at $706,760, approximately $276 per square foot. 5 Lorraine Terrace 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
Jul 23, 1997
Sold by
Jalal Tahseen
Bought by
Durrani Moheet K and Durrani Rubina K
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.23%
Purchase Details
Closed on
Aug 11, 1994
Sold by
Jelal Tasneem
Bought by
Jalal Tahseen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.61%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Durrani Moheet K | $170,000 | Society Hill Title Agency In | |
| Jalal Tahseen | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Durrani Moheet K | $135,000 | |
| Previous Owner | Jalal Tahseen | $85,000 |
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 |
|---|---|---|---|---|
| 2025 | $11,827 | $349,900 | $137,800 | $212,100 |
| 2024 | $11,515 | $349,900 | $137,800 | $212,100 |
| 2023 | $11,515 | $349,900 | $137,800 | $212,100 |
| 2022 | $10,913 | $349,900 | $137,800 | $212,100 |
| 2021 | $10,913 | $349,900 | $137,800 | $212,100 |
| 2020 | $10,462 | $349,900 | $137,800 | $212,100 |
| 2019 | $10,598 | $349,900 | $137,800 | $212,100 |
| 2018 | $10,319 | $349,900 | $137,800 | $212,100 |
| 2017 | $9,888 | $349,900 | $137,800 | $212,100 |
| 2016 | $9,629 | $349,900 | $137,800 | $212,100 |
| 2015 | $9,472 | $349,900 | $137,800 | $212,100 |
| 2014 | $9,262 | $349,900 | $137,800 | $212,100 |
Source: Public Records
Map
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