5 May Terrace Unit 2 Maplewood, NJ 07040
Estimated Value: $774,000 - $931,000
3
Beds
1
Bath
2,878
Sq Ft
$296/Sq Ft
Est. Value
About This Home
This home is located at 5 May Terrace Unit 2, Maplewood, NJ 07040 and is currently estimated at $851,342, approximately $295 per square foot. 5 May Terrace Unit 2 is a home located in Essex County with nearby schools including Tuscan Elementary School, Maplewood Middle School, and Columbia Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 28, 2021
Sold by
Waite Jacqueline
Bought by
Restored Holiness Church Of God Inc
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
$400,000
Outstanding Balance
$362,150
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$489,192
Purchase Details
Closed on
Apr 20, 2006
Sold by
Cheatham Agnes
Bought by
Waite Jacqueline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,800
Interest Rate
5.99%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 1, 2002
Sold by
Cheatham Agnes
Bought by
Cheatham Agnes R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Restored Holiness Church Of God Inc | $650,000 | Title Masters Llc | |
| Waite Jacqueline | $438,000 | -- | |
| Cheatham Agnes R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Restored Holiness Church Of God Inc | $400,000 | |
| Previous Owner | Waite Jacqueline | $43,800 | |
| Previous Owner | Waite Jacqueline | $350,400 |
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 | $13,339 | $745,400 | $215,100 | $530,300 |
| 2024 | $13,339 | $745,400 | $215,100 | $530,300 |
| 2022 | $13,007 | $368,900 | $145,500 | $223,400 |
| 2021 | $12,336 | $360,800 | $145,500 | $215,300 |
| 2020 | $11,986 | $360,800 | $145,500 | $215,300 |
| 2019 | $11,639 | $360,800 | $145,500 | $215,300 |
| 2018 | $11,340 | $360,800 | $145,500 | $215,300 |
| 2017 | $11,001 | $360,800 | $145,500 | $215,300 |
| 2016 | $13,929 | $378,000 | $142,500 | $235,500 |
| 2015 | $13,608 | $378,000 | $142,500 | $235,500 |
| 2014 | $13,321 | $378,000 | $142,500 | $235,500 |
Source: Public Records
Map
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