131 Terrace Road

131 Terrace Road in Belmar, NJ was first built in 1929 and is 95 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 131 Terrace Road has 1,271 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 180 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 2,160 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a flat style roof made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage underground or in the basement. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with other control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 131 Terrace Road was last sold in Jun 16, 2023 for $752,257. According to our calculations, that's $591.86 per sqft. Prior to that sales transaction, the property was sold for $520,000 in Feb 28, 2023. Current property owners are expected to pay $5,848 in taxes per year. The property on 131 Terrace Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $415,900. To break that down further, the land itself was valued at $306,700. While improvements to the property were assessed at a total of $109,200. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.