NOT LISTED FOR SALE

63 Terrace Ave Butler, NJ 07405

Estimated Value: $472,000 - $537,000

3 Beds
1 Bath
1,076 Sq Ft
$473/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $475,000 $441 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,293/month

15 Days on Market

About This Home

As of August 2024

This home is located at 63 Terrace Ave, Butler, NJ 07405 since 05 June 2024 and is currently estimated at $508,864, approximately $472 per square foot. This property was built in 1922. 63 Terrace Ave is a home located in Morris County with nearby schools including Aaron Decker School, Richard Butler School, and Apple Montessori Schools and Camps - Kinnelon.

Last Agent to Sell the Property

Bob Gannon

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 908-867-2050 Listed on: 06/05/2024

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

George Iacobelli

REALTY EXECUTIVES EXCEPTIONAL

REALTY EXECUTIVES EXCEPTIONAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,982

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,982

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • County Name: Morris
  • Street Number Display: 63
  • I D: 5292367
  • Modified: 2025-08-02
  • Number Images: 1
  • Attribution Contact: 908-867-2050
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 59X100
  • Total Acres: 0.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Aug 1, 2024
Sold by
Emam Talal and Farah Alfayad
Bought by
Kouchha Alan and Halimeh Eman
Seller's Agent
Bob Gannon
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
George Iacobelli
REALTY EXECUTIVES EXCEPTIONAL
List Price
$479,000
Sold Price
$475,000
Premium/Discount to List
-$4,000
-0.84%
Views
46
Current Estimated Value
$508,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,864
Avg. Annual Appreciation
6.34%
Original Mortgage
$481,124
Outstanding Balance
$475,763
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$33,101

Purchase Details

Listed on
Jul 18, 2023
Closed on
Nov 15, 2023
Sold by
Truman 2021 Sc9 Title Trust
Bought by
Emam Talal
Seller's Agent
ANTHONY DISANO
PARKVUE REALTY NEW JERSEY NORTH
Buyer's Agent
MARISA MUCKA
EXP REALTY, LLC
List Price
$329,000
Sold Price
$266,000
Premium/Discount to List
-$63,000
-19.15%
Views
817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.60%

Purchase Details

Closed on
Jan 5, 2023
Sold by
Morris County Sheriff
Bought by
Truman 2021 Sc9 Title Trust

Purchase Details

Closed on
Jul 31, 2002
Sold by
Umstead Sonia
Bought by
Brummer Lucas and Brummer Barbara

Purchase Details

Closed on
May 27, 1999
Sold by
Pinto Frank D and Pinto Filomena
Bought by
Umstead Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 2, 1994
Sold by
Korinko John and Korinko Paula
Bought by
Pinto Frank and Paladino Filomena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
8.56%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kouchha Alan $490,000 Reliant Title Agency
Kouchha Alan $490,000 Reliant Title Agency
Emam Talal $266,000 Main Street Title & Settlement
Emam Talal $266,000 Main Street Title & Settlement
Truman 2021 Sc9 Title Trust $177,701 --
Truman 2021 Sc9 Title Trust $177,701 None Listed On Document
Brummer Lucas $179,500 --
Umstead Sonia $129,000 --
Pinto Frank $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kouchha Alan $481,124
Closed Kouchha Alan $481,124
Previous Owner Brummer Lucas S $166,000
Previous Owner Umstead Sonia $109,000
Previous Owner Pinto Frank $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $475,000 -0.8% $441 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $479,000 +80.1% $445 / Sq Ft
11/30/2023 11/30/23 Sold $266,000 +0.4% $247 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $264,900 -3.7% $246 / Sq Ft
09/12/2023 09/12/23 Price Changed $275,000 -8.3% $256 / Sq Ft
08/15/2023 08/15/23 Price Changed $299,900 -8.8% $279 / Sq Ft
07/18/2023 07/18/23 For Sale $329,000 -- $306 / 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 $6,982 $486,000 $200,100 $285,900
2024 $6,808 $279,600 $182,600 $97,000
2023 $6,808 $256,500 $165,100 $91,400
2022 $5,003 $216,900 $132,200 $84,700
2021 $5,003 $172,500 $94,000 $78,500
2020 $6,445 $172,500 $94,000 $78,500
2019 $6,303 $172,500 $94,000 $78,500
2018 $6,222 $172,500 $94,000 $78,500
2017 $6,063 $172,500 $94,000 $78,500
2016 $5,906 $172,500 $94,000 $78,500
2015 $5,812 $172,500 $94,000 $78,500
2014 $5,632 $172,500 $94,000 $78,500
Source: Public Records

Agents Affiliated with this Home

  • Bob Gannon

    Seller's Agent in 2024

    Bob Gannon

    KELLER WILLIAMS PROSPERITY REALTY

    (973) 332-3828

    2 in this area

    63 Total Sales

    Bob Gannon
    Section Image
  • George Iacobelli

    Buyer's Agent in 2024

    George Iacobelli

    REALTY EXECUTIVES EXCEPTIONAL

    (973) 632-9956

    1 in this area

    80 Total Sales

    George Iacobelli
    Section Image

  • A

    Seller's Agent in 2023

    ANTHONY DISANO

    PARKVUE REALTY NEW JERSEY NORTH

  • M

    Buyer's Agent in 2023

    MARISA MUCKA

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3905901

Garden State MLS

APN: 03-00105-0000-00063

New Jersey Morris County Butler 07405

63 Terrace Ave, Butler, NJ

This home is located at 63 Terrace Ave, Butler, NJ 07405 since 05 June 2024 and is currently estimated at $508,864, approximately $472 per square foot. This property was built in 1922. 63 Terrace Ave is a home located in Morris County with nearby schools including Aaron Decker School, Richard Butler School, and Apple Montessori Schools and Camps - Kinnelon.

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