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126 Vernon Terrace

126 Vernon Terrace, Westfield, NJ 07090
Property in Union
Sold Apr 22, 2021
$951,000
$760,800 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2051
Sold Dec 18, 2001
$294,000
$150,000 by Hudson City Svgs Bank
Mortgage Due Jan 01, 2017
126 Vernon Terrace in Westfield, NJ was first built in 2010 and is 14 years old. This has been categorized as a residential property type. There are a total of 2 floors. 126 Vernon Terrace has 2,947 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 10,498 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 126 Vernon Terrace was last sold in Mar 11, 2021 for $951,000. According to our calculations, that's $322.70 per sqft. Prior to that sales transaction, the property was sold for $294,000 in Dec 13, 2001. Current property owners are expected to pay $20,736 in taxes per year. The property on 126 Vernon Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $940,000. To break that down further, the land itself was valued at $392,300. While improvements to the property were assessed at a total of $547,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,947
  • Building Area: 2,947
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,947
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KRELL JEREMY
  • Current Owner 2: KRELL ARIEL
  • Previous Owner : KIM MI KYOUNG
  • Previous Owner 2: KIM JOHN
  • Owner Before Previous Owner: BLOCH LARRY C
  • Owner Before Previous Owner 2: BLOCH LISA S MACERA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westfield Town School District
  • Census Tract: 036800

Geography

  • Assessors Map Reference: TAX MAP 1956
  • District: 20
  • Parcel: 20 05601-0000-00006
  • Block: 5601
  • Lot: 6
  • Municipality: WESTFIELD TOWN
  • Latitude: 40.6361
  • Longitude: -74.3216

    Address

  • Full Address: 126 Vernon Ter
  • Address - House Number: 126
  • Address - Street Name: Vernon
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Westfield
  • Carrier Code: C052
  • 4-Digit Zip Code: 2227
  • Zip Code: 07090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $20,736

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,203,242
  • High Value: 1,443,809
  • Low Value: 962,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $760,800
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Apr 22, 2021
  • First Open Lien Mortgage Loan Amount: $760,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $940,000
  • Market Land Value: $392,300
  • Market Improvement Value: $547,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $940,000
  • Assessed Land Value: $392,300
  • Assessed Improvements Value: $547,700

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11833123174
  • Current Sale Price: $951,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 3952
  • Previous Sale Recording Date: Dec 18, 2001
  • Previous Sale Contract Date: Dec 13, 2001
  • Previous Sale Amount: $294,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Apr 22, 2021
  • First Mortgage Loan Amount: $760,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HUDSON CITY SVGS BANK
  • Previous Mortgage Transaction Date: Dec 18, 2001
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Jan 01, 2017

About Westfield



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Frequently Asked Questions

What neighborhood is 126 Vernon Terrace located in?
The 126 Vernon Terrace is a located in the neighborhood of Union in Westfield, Westfield.
What is the average sales price for listings in 126 Vernon Terrace?
The average sales price for units in 126 Vernon Terrace is $0 currently.

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