When was property at 189 Terrace Drive built and last sold?

The property at 189 Terrace Drive was built in 1989 and last sold on Sep 15, 2023 for $426,000.

How much is this home worth?

The estimated value of the home located at 189 Terrace Drive is $0.

What are some comparable homes to 189 Terrace Drive?

There are currently no comparable homes to 189 Terrace Drive.

Morris

07928

189 Terrace Dr

$355,000

● House - Off Market

189 Terrace Dr

Chatham Twp., NJ 07928

1 Bed

1 Bath

$371,310

RealtyHop Estimate

6.09%

Since Jan 1, 2023

National-US

Primary Model

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

HOA Dues

Year Built

1989

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (GSMLS #3816948)

Price History

Date / Event	Date	Event
Sep 15, 2023	Sold	Premium
Sold
Aug 31, 2023	In contract	-
In contract
Dec 20, 2022	No longer available	-
No longer available
Dec 19, 2022	Sold	Premium
Sold
Nov 18, 2022	In contract	-
In contract
Nov 9, 2022	Listed by Keller Williams Realty Metropolitan	$350,000
Listed by Keller Williams Realty Metropolitan

	Why rent when you can own! Beautifully renovated condo in the desirable Sutton Woods community. Upon entering you will find an open concept floor plan, hardwood floors throughout, and abundant natural light. Wonderfully renovated kitchen with stainless steel appliances, quartz countertops, plenty of storage space, and breakfast bar. The kitchen is open to the dining room and living room perfect for entertaining and hosting. Oversized bedroom comes with a large walk in closet, bonus closet, and large windows. Newly renovated spa bathroom has an oversized shower with dual shower heads and large storage closet. Ground level unit with sliding glass doors opens to lush green patio. Washer/Dryer in unit. Attached spacious 1 car garage with plenty of storage. Low association dues includes Pool, trash, snow removal, and water. Close to Downtown New Providence, Summit, Chatham train lines. Make this your home today! The manager has listed the unit size as 927 square feet.

Property Highlights

Building Info

Overview

General

Year Built: 1989

Effective Year Built: 1989
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,716

Total Building Area: 927
Building Area: 927
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 927
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SUTTON WOODS CONDOMINIUM
Land Acres: 0000000246
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: The Chathams School District

Census Tract: 043900

Zoning

Zoning: R-2A

Geography

Assessors Map Reference: TAX MAP 51

District: 05
Parcel: 05 00064- 04-00007- 09
Block: 64.04
Lot: 7.09
Municipality: CHATHAM TWP
Latitude: 40.7194
Longitude: -74.3947

Address

Full Address: 189 Terrace Dr

Address - House Number: 189
Address - Street Name: Terrace
Address - Suffix Type: Dr
State: NJ
City Name: Chatham
Carrier Code: C017
4-Digit Zip Code: 5005
Zip Code: 07928

Valuation

Tax

Tax Year: 2023

Tax Amount: $500,345

Appraisal Valuation

Standard Deviation: 0.1816

Valuation Date: Feb 14, 2024
Confidence Score: 76
Final Value: 410,293
High Value: 484,819
Low Value: 335,767

Market Valuation

Market Total Value: $314,327

Market Land Value: $184,320
Market Improvement Value: $130,007

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $255,800
Assessed Land Value: $150,000
Assessed Improvements Value: $105,800

Sales

Current Sale Contract Date: Sep 15, 2023

Current Sale Recording Date: Oct 10, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 38638
Previous Sale Recording Date: Jan 03, 2023
Previous Sale Contract Date: Dec 15, 2022
Previous Sale Amount: $355,000
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Morris

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

Average Home Size

1000 ft²

Average Home Age

Currently For Sale

1464 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 390 Morris Ave, Summit City, 07901-4716

$2,200 /mo

2 Beds
1 Bath
754 ft²

390 Morris Ave #20, Summit City, 07901-4716 Listing by THOMAS A. HEYL

Unit for rent at 500 Main Steet, Chatham Boro, 07928-2130

$2,245 /mo

1 Bed
1 Bath
700 ft²

500 Main Steet, Chatham Boro, 07928-2130 Listing by JACKIE THOMAS

Unit for rent at 800 Old Springfield Ave, Summit City, 07901-1129

$2,100 /mo

1 Bed
1 Bath

800 Old Springfield Ave, Summit City, 07901-1129 Listing by ANGELICA PRENDEZ

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 3 years ago
Data Source: GSMLS, MLS# 3816948

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

189 Terrace Dr

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Morris

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions