NOT LISTED FOR SALE

8 Terrace Rd Wayne, NJ 07470

Estimated Value: $730,634 - $931,000

Studio
-- Bath
1,724 Sq Ft
$472/Sq Ft Est. Value

About This Home

This home is located at 8 Terrace Rd, Wayne, NJ 07470 and is currently estimated at $812,909, approximately $471 per square foot. 8 Terrace Rd is a home located in Passaic County with nearby schools including James Fallon Elementary School, Anthony Wayne Middle School, and Wayne Hills High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2011
Sold by
Farese Gerard A and Farese Ann A
Bought by
Prekel George and Prekel Alyson
Current Estimated Value
$812,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,180
Outstanding Balance
$292,448
Interest Rate
4.81%
Mortgage Type
FHA
Estimated Equity
$520,461
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Prekel George $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prekel George $422,180
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 $13,676 $230,000 $122,000 $108,000
2024 $13,151 $230,000 $122,000 $108,000
2022 $13,004 $230,000 $122,000 $108,000
2021 $12,990 $230,000 $122,000 $108,000
2020 $12,933 $230,000 $122,000 $108,000
2019 $12,682 $230,000 $122,000 $108,000
2018 $12,570 $230,000 $122,000 $108,000
2017 $12,455 $230,000 $122,000 $108,000
2016 $12,280 $230,000 $122,000 $108,000
2015 $12,133 $230,000 $122,000 $108,000
2014 $11,790 $230,000 $122,000 $108,000
Source: Public Records

Map

New Jersey Passaic County Wayne 07470

8 Terrace Rd, Wayne, NJ

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