NOT LISTED FOR SALE

52 Lorraine Terrace Boonton, NJ 07005

Estimated Value: $615,000 - $708,000

-- Bed
-- Bath
2,580 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $610,000 $236 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,652/month

20 Days on Market

About This Home

As of August 2023

This home is located at 52 Lorraine Terrace, Boonton, NJ 07005 since 01 June 2023 and is currently estimated at $666,623, approximately $258 per square foot. This property was built in 1966. 52 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.

Last Agent to Sell the Property

SUMMER FAILLA

CENTURY 21 THE CROSSING Brokerage Phone: 973-227-7000 Listed on: 06/01/2023

Last Buyer's Agent

FRANCIS DEZAO

CENTURY 21 THE CROSSING

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,519

Year Built

  • Built in 1966

Lot Details

  • 7,841 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,519

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • County Name: Morris
  • Street Number Display: 52
  • I D: 5224126
  • Modified: 2024-08-12
  • Number Images: 1
  • Attribution Contact: 973-227-7000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 54X142
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 1, 2023
Sold by
Boonton Lorraine Terrace Property Llc
Bought by
Zaccaria Vincent and Mihal Jaclyn A
Seller's Agent
SUMMER FAILLA
CENTURY 21 THE CROSSING
Buyer's Agent
FRANCIS DEZAO
CENTURY 21 THE CROSSING
List Price
$599,999
Sold Price
$610,000
Premium/Discount to List
$10,001
1.67%
Views
2
Current Estimated Value
$666,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,623
Avg. Annual Appreciation
3.67%
Original Mortgage
$613,679
Outstanding Balance
$602,653
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$51,786

Purchase Details

Closed on
Jan 25, 2001
Sold by
Sirvent Margaret J and Sirvent Joseph J
Bought by
Boonton Lorraine Terrace Property Llc

Purchase Details

Closed on
Jun 2, 1995
Sold by
Sirvent Joseph J and Sirvent Margaret J
Bought by
Sirvent Margaret J
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
Zaccaria Vincent $625,000 True North Title Services
Boonton Lorraine Terrace Property Llc -- --
Sirvent Margaret J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaccaria Vincent $613,679
Previous Owner Sirvent Joseph James $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $610,000 +1.7% $236 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $599,999 -- $233 / 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
2024 $11,519 $350,000 $151,500 $198,500
2023 $11,519 $350,000 $151,500 $198,500
2022 $10,917 $350,000 $151,500 $198,500
2021 $10,917 $350,000 $151,500 $198,500
2020 $10,465 $350,000 $151,500 $198,500
2019 $10,602 $350,000 $151,500 $198,500
2018 $10,322 $350,000 $151,500 $198,500
2017 $9,891 $350,000 $151,500 $198,500
2016 $9,632 $350,000 $151,500 $198,500
2015 $9,475 $350,000 $151,500 $198,500
2014 $9,654 $364,700 $151,500 $213,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SUMMER FAILLA

    CENTURY 21 THE CROSSING

  • F

    Buyer's Agent in 2023

    FRANCIS DEZAO

    CENTURY 21 THE CROSSING

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Map

Source: Garden State MLS

MLS Number: 3846652

Garden State MLS

APN: 01-00033-0000-00010

New Jersey Morris County Boonton 07005

52 Lorraine Terrace, Boonton, NJ

This home is located at 52 Lorraine Terrace, Boonton, NJ 07005 since 01 June 2023 and is currently estimated at $666,623, approximately $258 per square foot. This property was built in 1966. 52 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.

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