NOT LISTED FOR SALE

7 Colonial Terrace Parsippany, NJ 07054

Estimated Value: $747,000 - $882,000

-- Bed
-- Bath
2,734 Sq Ft
$296/Sq Ft Est. Value

About This Home

This home is located at 7 Colonial Terrace, Parsippany, NJ 07054 and is currently estimated at $808,257, approximately $295 per square foot. 7 Colonial Terrace is a home located in Morris County with nearby schools including Troy Hills School, Central Middle School, and Parsippany High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Joy Wang Wei
Bought by
Lin Tsai-Wei
Current Estimated Value
$808,257

Purchase Details

Closed on
Aug 6, 2002
Sold by
Wei Ching
Bought by
Wang Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.61%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Lin Tsai-Wei $610,000 Fidelity National Title
Wang Wei $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Wei $200,000
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
2025 $12,944 $379,600 $188,200 $191,400
2024 $12,705 $379,600 $188,200 $191,400
2023 $12,705 $379,600 $188,200 $191,400
2022 $11,878 $379,600 $188,200 $191,400
2021 $11,878 $379,600 $188,200 $191,400
2020 $11,623 $379,600 $188,200 $191,400
2019 $11,308 $379,600 $188,200 $191,400
2018 $11,058 $379,600 $188,200 $191,400
2017 $10,803 $379,600 $188,200 $191,400
2016 $10,610 $379,600 $188,200 $191,400
2015 $10,340 $379,600 $188,200 $191,400
2014 $10,200 $379,600 $188,200 $191,400
Source: Public Records

Map

New Jersey Morris County Parsippany 07054

7 Colonial Terrace, Parsippany, NJ

Not Listed for Sale

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