NOT LISTED FOR SALE

5 Village Way Unit 1 Vernon, NJ 07462

Estimated Value: $150,000 - $190,001

2 Beds
1 Bath
716 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $160,000 $223 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,211/month

10 Days on Market

About This Home

As of January 2023

This home is located at 5 Village Way Unit 1, Vernon, NJ 07462 since 09 November 2022 and is currently estimated at $176,500, approximately $246 per square foot. 5 Village Way Unit 1 is a home located in Sussex County with nearby schools including Lounsberry Hollow, Rolling Hills Elementary School, and Glen Meadow School.

Last Agent to Sell the Property

Pamela Willard

REALTY EXECUTIVES EXCEPTIONAL Brokerage Phone: 973-729-7141 Listed on: 11/09/2022

REALTY EXECUTIVES EXCEPTIONAL

Last Buyer's Agent

LISA TAORMINA

WERNER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,298

Lot Details

  • 436 Sq Ft Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,298

Lot Details

0

Listing Details

  • County Name: Sussex
  • Street Number Display: 5
  • I D: 5189596
  • Modified: 2025-07-21
  • Number Images: 1
  • Attribution Contact: 973-729-7141
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 00000000000
  • Total Acres: 0.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 4, 2023
Sold by
Valley View Escape Llc
Bought by
Schumann Michael A
Seller's Agent
Pamela Willard
REALTY EXECUTIVES EXCEPTIONAL
Buyer's Agent
LISA TAORMINA
WERNER REALTY
List Price
$154,900
Sold Price
$160,000
Premium/Discount to List
$5,100
3.29%
Views
71
Current Estimated Value
$176,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,500
Avg. Annual Appreciation
3.65%
Original Mortgage
$80,000
Outstanding Balance
$77,402
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$99,098

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jan 4, 2019
Sold by
Walpole Joan K and Schnell Joan K
Bought by
Valley View Escape Llc
Seller's Agent
Theresa 'Teri' DeGroat
WEICHERT REALTORS
Buyer's Agent
Pamela Willard
REALTY EXECUTIVES EXCEPTIONAL
List Price
$58,000
Sold Price
$41,000
Premium/Discount to List
-$17,000
-29.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.67%

Purchase Details

Closed on
Jul 6, 1987
Bought by
Walpole Joan K Schnell
Source: Public Records

Range of Values:

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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
Schumann Michael A $160,000 Chicago Title
Redacted Upon Request $160,000 Chicago Title
Valley View Escape Llc $41,000 None Available
Walpole Joan K Schnell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $80,000
Closed Redacted Upon Request $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $160,000 +3.3% $223 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $154,900 +277.8% $216 / Sq Ft
01/11/2019 01/11/19 Sold $41,000 -10.9% $57 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/11/2018 11/11/18 Price Changed $46,000 -20.7% $64 / Sq Ft
08/01/2018 08/01/18 For Sale $58,000 -- $81 / Sq Ft
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
2025 $3,298 $160,500 $100,000 $60,500
2024 $2,878 $135,100 $80,000 $55,100
2023 $2,878 $111,000 $57,000 $54,000
2022 $2,396 $85,000 $35,000 $50,000
2021 $2,078 $66,100 $21,000 $45,100
2020 $1,991 $63,600 $20,000 $43,600
2019 $3,241 $115,000 $80,000 $35,000
2018 $3,097 $115,000 $80,000 $35,000
2017 $3,486 $133,000 $60,000 $73,000
2016 $4,004 $153,000 $80,000 $73,000
2015 $3,990 $153,000 $80,000 $73,000
2014 $4,027 $153,000 $80,000 $73,000
Source: Public Records

Agents Affiliated with this Home

  • Pamela Willard

    Seller's Agent in 2023

    Pamela Willard

    REALTY EXECUTIVES EXCEPTIONAL

    (973) 903-4114

    61 in this area

    89 Total Sales

    Pamela Willard
    Section Image

  • L

    Buyer's Agent in 2023

    LISA TAORMINA

    WERNER REALTY

  • Theresa 'Teri' DeGroat

    Seller's Agent in 2019

    Theresa 'Teri' DeGroat

    WEICHERT REALTORS

    (973) 222-0532

    51 in this area

    109 Total Sales

    Theresa 'Teri' DeGroat
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3816903

Garden State MLS

APN: 22-00192-03-00001-0000-C04.1

New Jersey Sussex County Vernon 07462

5 Village Way Unit 1, Vernon, NJ

This home is located at 5 Village Way Unit 1, Vernon, NJ 07462 since 09 November 2022 and is currently estimated at $176,500, approximately $246 per square foot. 5 Village Way Unit 1 is a home located in Sussex County with nearby schools including Lounsberry Hollow, Rolling Hills Elementary School, and Glen Meadow School.

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