8 Locust Terrace Middletown, NJ 07748
New Monmouth NeighborhoodEstimated Value: $526,000
4
Beds
1
Bath
1,769
Sq Ft
$297/Sq Ft
Est. Value
About This Home
This home is located at 8 Locust Terrace, Middletown, NJ 07748 and is currently estimated at $526,000, approximately $297 per square foot. 8 Locust Terrace is a home located in Monmouth County with nearby schools including New Monmouth Elementary School, Thorne Middle School, and Middletown High School North.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 20, 2021
Sold by
Chambers Harold and Chambers Lucy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,070
Outstanding Balance
$291,512
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$234,488
Purchase Details
Closed on
Sep 8, 1987
Bought by
Chambers Harold and Chambers Lucy
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $331,000 | Trident Abstract Ttl Agcy Ll | |
| Chambers Harold | $190,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $321,070 |
Source: Public Records
Tax History Compared to Growth
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 | $8,421 | $550,800 | $364,000 | $186,800 |
| 2024 | $8,099 | $511,900 | $328,600 | $183,300 |
| 2023 | $8,099 | $466,000 | $317,000 | $149,000 |
| 2022 | $8,099 | $394,200 | $252,400 | $141,800 |
| 2021 | $6,709 | $361,600 | $235,400 | $126,200 |
| 2020 | $7,408 | $346,500 | $226,500 | $120,000 |
| 2019 | $7,303 | $345,800 | $226,500 | $119,300 |
| 2018 | $6,852 | $316,200 | $202,400 | $113,800 |
| 2017 | $6,911 | $315,700 | $205,400 | $110,300 |
| 2016 | $6,037 | $283,300 | $170,400 | $112,900 |
| 2015 | $6,000 | $283,200 | $170,400 | $112,800 |
| 2014 | $5,930 | $273,100 | $160,400 | $112,700 |
Source: Public Records
Map
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