4248 Terrace Avenue

4248 Terrace Avenue in Merchantville, NJ was first built in 1941 and is 83 years old. This has been categorized as a residential property type. There are a total of 2 floors. 4248 Terrace Avenue has 1,872 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 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,251 square feet.

Learn more about the property and building on this page. For those who need parking, there is a carport. 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 frame control joints. The exterior walls of the home are made of alum/vinyl siding. 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, 4248 Terrace Avenue was last sold in Jan 20, 2017 for $119,000. According to our calculations, that's $63.57 per sqft. Prior to that sales transaction, the property was sold for $36,400 in Oct 18, 1974. Current property owners are expected to pay $7,230 in taxes per year. The property on 4248 Terrace Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $169,400. To break that down further, the land itself was valued at $40,500. While improvements to the property were assessed at a total of $128,900. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.