Sold381d on market
48 Terrace Rd
New Providence, NJ, 07974 • 07974 • Union County
$707,000
$508/sqft
2Beds
2Baths
1,392Sqft
0.23 acLot
1952Built
Market activity
Demand and pricing signals for this listing
17 views
People checking out this listing
381 days on market
Established listing
$508/sqft
Price per square foot
About this home
Single Family · Built 1952
48 Terrace Rd, New Providence, NJ 07974 is a single family home that contains 1,392 sq ft and was built in 1952. It contains 2 bedrooms and 2 bathrooms. This home last sold for $707,000 in March 2025. The Zestimate for this house is $757,200. The Rent Zestimate for this home is $3,757/mo.
Estimated monthly payment
Based on current rates
$4,431/month
Principal & Interest$3,489
Property Tax$707
Insurance$236
Down payment20% ($141,400)
3%50%
Est. 6.27% rate · 30yr fixed · $565,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1952
Parking1 Parking space
Lot10,193 sqft
Property
Home typeSingle Family
Year built1952
Systems
RoofAsphalt
ConstructionFrame
Parking & Outdoor
Lot10,193 sqft
Location & Tax
Neighborhood07974
Annual tax$12,735
Parcel1100031000000018
Bathrooms & Fees
Full baths2
Features & details
2 categories of property features
Exterior Features
Exterior
Vinyl
Construction
Frame
Listing insights
Market data and value estimates
StatusSold
Days on market381
Est. value$757,200
Est. rent$3,757/mo
Tax rate2.05%
Price/sqft$508
Last sold$707,000
Tour days6
Views17
How are the schools in New Providence?
3 schools rated nearby
Location
New Providence, NJ, 07974
Price history
2 events
DateEventPrice$/sqftSource
Mar 25, 2025Sold$707,000$508Public Record
May 16, 2016Sold$487,000$350GSMLS
Sold$707,000
Mar 25, 2025•$508/sqft•Public Record
Sold$487,000
May 16, 2016•$350/sqft•GSMLS
Tax history
24 years of records
YearTax paidAssessed value
Apr 11, 2024$12,735$246,700
Apr 11, 2023$12,102$246,700
Apr 11, 2022$11,932$246,700
Apr 11, 2021$11,843$246,700
Apr 11, 2020$11,764$246,700
Apr 11, 2019$8,826$246,700
Apr 11, 2018$8,826$246,700
Apr 11, 2017$11,508$246,700
Apr 11, 2016$11,432$246,700
Apr 11, 2015$11,259$246,700
Apr 11, 2014$10,958$246,700
Apr 11, 2013$10,623$246,700
Apr 11, 2012$10,384$246,700
Apr 11, 2011$10,070$246,700
Apr 11, 2010$9,629$246,700
Apr 11, 2009$9,224$246,700
Apr 11, 2008—$246,700
Apr 11, 2007$8,837$246,700
Apr 11, 2006—$244,700
Apr 11, 2005—$244,700
Apr 11, 2004—$244,700
Apr 11, 2003—$244,700
Apr 11, 2002—$244,700
Apr 11, 2001—$244,700
Nearby homes
Neighborhood details
Local context around this listing
New Providence, NJ • Union County
Nearby cities
CranfordElizabethLindenPlainfieldRahwayRoselleScotch PlainsSummit
Nearby zip codes
07974
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