NOT LISTED FOR SALE

54 Lorraine Terrace Boonton, NJ 07005

Estimated Value: $603,504

-- Bed
-- Bath
2,304 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 54 Lorraine Terrace, Boonton, NJ 07005 and is currently estimated at $603,504, approximately $261 per square foot. 54 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
Oct 20, 2003
Sold by
Klassic Construction
Bought by
Community Hope Inc
Current Estimated Value
$603,504

Purchase Details

Closed on
Apr 11, 2003
Sold by
Thaper Surinder
Bought by
Klassic Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.93%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Community Hope Inc $380,000 --
Community Hope Inc $380,000 --
Klassic Construction $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klassic Construction $270,000
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
2024 -- $345,700 $153,100 $192,600
2023 -- $345,700 $153,100 $192,600
2022 -- $345,700 $153,100 $192,600
2021 $0 $345,700 $153,100 $192,600
2020 $0 $345,700 $153,100 $192,600
2019 $0 $345,700 $153,100 $192,600
2018 $0 $345,700 $153,100 $192,600
2017 $0 $345,700 $153,100 $192,600
2016 $0 $345,700 $153,100 $192,600
2015 -- $345,700 $153,100 $192,600
2014 -- $345,700 $153,100 $192,600
Source: Public Records

Map

New Jersey Morris County Boonton 07005

54 Lorraine Terrace, Boonton, NJ

This home is located at 54 Lorraine Terrace, Boonton, NJ 07005 and is currently estimated at $603,504, approximately $261 per square foot. 54 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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