32 Lorraine Terrace

32 Lorraine Terrace in Boonton, NJ was first built in 1966 and is 58 years old. This has been categorized as a residential property type. There are a total of 2 floors. 32 Lorraine Terrace has 2,560 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 540 ft and the linear feet between the front and back of the lot is 950. In total, the area measurement of the land is 5,131 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. 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 property was last sold in Sep 20, 2022 for $600,000. That's $234.38 per sqft. Prior to that sales transaction, the property was also sold in Sep 8, 2010 for $325,000. 32 Lorraine Terrace was last assessed in 2023. The total value of the property was assessed at $333,500. Specifically, the land the property is located on was valued at $139,500. While improvements on the property were assessed at a total of $194,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,975. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.