$439,900
SOLD JAN 17, 2025
3 Beds
2 Baths
1,576 Sq Ft
0.37 Acres

Recently Sold

$279 Per Sq Ft

2% Below List Price

35 Days on Market

About This Home

As of January 2025

This home is located at 7 Terrace Dr, Newton, NJ 07860 and is currently priced at $439,900, approximately $279 per square foot. This property was built in 1959. 7 Terrace Dr is a home located in Sussex County with nearby schools including Florence M. Burd School, Long Pond School, and Reverand George A. Brown School.

Last Agent to Sell the Property

Dawnice LaFave

WEICHERT REALTORS Brokerage Phone: 973-729-2700 Listed on: 11/01/2024

WEICHERT REALTORS

Last Buyer's Agent

Lisa Purcell

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,870

Year Built

  • Built in 1959

Lot Details

  • 0.37 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,870

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • County Name: Sussex
  • Street Number Display: 7
  • I D: 5322198
  • Modified: 2025-05-06
  • Number Images: 1
  • Attribution Contact: 973-729-2700
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 0.35 AC
  • Total Acres: 0.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 27, 2024
Sold by
Mcginley Kevin
Bought by
Funcasta Amy and Barreto Kelly
Seller's Agent
Dawnice LaFave
WEICHERT REALTORS
Buyer's Agent
Lisa Purcell
COLDWELL BANKER REALTY
List Price
$450,000
Sold Price
$439,900
Premium/Discount to List
-$10,100
-2.24%
Total Days on Market
35
Views
35
Current Estimated Value
$430,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,052
Avg. Annual Appreciation
-3.35%
Original Mortgage
$351,920
Outstanding Balance
$349,700
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$81,148

Purchase Details

Closed on
Nov 13, 2009
Sold by
Mielke Ralph A and Mielke Kathleen A
Bought by
Mcginley Kevin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1995
Sold by
Bassano Carmine
Bought by
Parker Theron M and Parker Robyn
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $439,900 Realsafe Title
Bargain Sale Deed $439,900 Realsafe Title
Deed $282,000 None Available
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,920 New Conventional
Closed $351,920 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $228,000 New Conventional
Previous Owner $233,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $439,900 0.0% $279 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/27/2024 11/27/24 Price Changed $439,900 -2.2% $279 / Sq Ft
11/01/2024 11/01/24 For Sale $450,000 -- $286 / 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 $7,870 $193,800 $97,600 $96,200
2023 $7,870 $193,800 $97,600 $96,200
2022 $7,543 $193,800 $97,600 $96,200
2021 $7,434 $193,800 $97,600 $96,200
2020 $7,242 $193,800 $97,600 $96,200
2019 $7,074 $193,800 $97,600 $96,200
2018 $6,963 $193,800 $97,600 $96,200
2017 $6,814 $193,800 $97,600 $96,200
2016 $6,595 $193,800 $97,600 $96,200
2015 $6,878 $193,100 $100,400 $92,700
2014 $6,730 $193,100 $100,400 $92,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3932306

Garden State MLS

APN: 02-00105-02-00003