NOT LISTED FOR SALE

87 Terrace Ave West Orange, NJ 07052

Estimated Value: $763,976 - $824,000

4 Beds
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $700,000

Est. 13% increase in value since last sale

Current estimated payment $4,185/month

53 Days on Market

About This Home

As of August 2023

This home is located at 87 Terrace Ave, West Orange, NJ 07052 since 10 April 2023 and is currently estimated at $793,988. This property was built in 2001. 87 Terrace Ave is a home located in Essex County with nearby schools including West Orange High School, Our Lady of the Lake School, and Mount Carmel Guild Academy.

Last Agent to Sell the Property

Patrick Telemaque

BHHS JORDAN BARIS REALTY Brokerage Phone: 973-736-1600 Listed on: 04/10/2023

BHHS JORDAN BARIS REALTY

Last Buyer's Agent

DEENA RUBIN

KELLER WILLIAMS SUBURBAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 8,276 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Year Built: 2001
  • County Name: Essex
  • I D: 5213626
  • Attribution Contact: 973-736-1600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 73X115-115X40TRI
  • Total Acres: 0.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Aug 24, 2023
Sold by
Pierre Reagen
Bought by
Gurevich Galina and Geltzer Steven
Seller's Agent
Patrick Telemaque
BHHS JORDAN BARIS REALTY
Buyer's Agent
DEENA RUBIN
KELLER WILLIAMS SUBURBAN REALTY
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Views
325
Current Estimated Value
$793,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,988
Avg. Annual Appreciation
5.81%
Original Mortgage
$560,000
Outstanding Balance
$547,168
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$246,820

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 7, 2021
Sold by
Brown David and Coblentz Rhea
Bought by
Pierre Reagen
Seller's Agent
Carol Eisenstein
CHRISTIE'S INT. REAL ESTATE GROUP
Buyer's Agent
Michele Gomez
KELLER WILLIAMS PREMIER
List Price
$749,900
Sold Price
$725,000
Premium/Discount to List
-$24,900
-3.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.92%
Original Mortgage
$725,000
Interest Rate
2.99%
Mortgage Type
VA

Purchase Details

Closed on
Sep 27, 2005
Sold by
Kadikar Bimal
Bought by
Brown David and Colbentz Rhea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2001
Sold by
Terrace Developers Llc
Bought by
Kadikar Bimal S and Kadikar Rachana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,260
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gurevich Galina $700,000 None Listed On Document
Pierre Reagen $725,000 Westcor Land Title Ins Co
Brown David $675,000 --
Kadikar Bimal S $304,085 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurevich Galina $560,000
Previous Owner Pierre Reagen $725,000
Previous Owner Brown David $540,000
Previous Owner Kadikar Bimal S $243,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $700,000 -7.8% --
06/13/2023 06/13/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $759,000 -5.0% --
04/20/2023 04/20/23 For Sale $799,000 +10.2% --
11/05/2021 11/05/21 Sold $725,000 0.0% $287 / Sq Ft View Prior Sale
10/20/2021 10/20/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $724,900 -3.3% $287 / Sq Ft
08/19/2021 08/19/21 For Sale $749,900 -- $297 / 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 -- $738,700 $340,000 $398,700
2024 -- $480,000 $147,900 $332,100
2023 $0 $480,000 $147,900 $332,100
2022 $20,899 $480,000 $147,900 $332,100
2021 $20,899 $480,000 $147,900 $332,100
2020 $20,563 $480,000 $147,900 $332,100
2019 $19,973 $480,000 $147,900 $332,100
2018 $19,382 $480,000 $147,900 $332,100
2017 $19,133 $480,000 $147,900 $332,100
2016 $18,672 $480,000 $147,900 $332,100
2015 $18,322 $480,000 $147,900 $332,100
2014 $17,962 $480,000 $147,900 $332,100
Source: Public Records

Agents Affiliated with this Home

  • Patrick Telemaque

    Seller's Agent in 2023

    Patrick Telemaque

    BHHS JORDAN BARIS REALTY

    (973) 592-6879

    2 in this area

    2 Total Sales

    Patrick Telemaque
    Section Image

  • D

    Buyer's Agent in 2023

    DEENA RUBIN

    KELLER WILLIAMS SUBURBAN REALTY

  • Carol Eisenstein

    Seller's Agent in 2021

    Carol Eisenstein

    Christie's Real Estate Northern NJ

    (973) 879-3282

    9 in this area

    45 Total Sales

    Carol Eisenstein
    Section Image
  • Michele Gomez

    Buyer's Agent in 2021

    Michele Gomez

    KELLER WILLIAMS PREMIER

    (848) 203-2432

    1 in this area

    204 Total Sales

    Michele Gomez
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3837360

Garden State MLS

APN: 22-00152-27-00069

New Jersey Essex County West Orange 07052

87 Terrace Ave, West Orange, NJ

Not Listed for Sale

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