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Under contract
    • $549,900

    508 Terrace Dr, Vernon Twp., NJ 07422

    4beds
    --sqft
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    Single Family Residence
    Built in 1967
    0.62 Acres Lot
    $572,300 Zestimate®
    $--/sqft
    $120/mo HOA

    What's special

    This 4-bedroom, 3-bathroom home was fully renovated by its architect-owner for personal use and now is available for purchase .The renovation prioritizes high quality materials and a functional, open concept layout. The main living area features light toned oak floors and an open kit/din space. The kitchen is equipped with custom cabinetry and a large island designed for both prep and seating. This level includes 3 bedrooms and 2 full bathrooms;the primary suite includes en-suite bath with over sized walk-in-shower. The fully finished lower level is designed for versatility, functioning as a guest/in-law suite or a recreational room. It includes a large bedroom, a dedicated office nook, and a brand -new full bathroom with an over sized shower. This entire level features porcelain tile with electric radiant floor heat and a wood-burning stove. Electric radiant heat in all tiled areas (kitchen, bathrooms,and entire lower level) Two zone oil heat. Lower level can be heated by radiant or oil. Whole-house water softening and filtration system plus a dedicated RO (Reverse Osmosis) kitchen faucet. Private wooded backyard with a rear deck, 2-car garage with significant additional storage space. Short walk to one of the 7 beaches Highland Lakes has to offer.
    49 days
    |
    37
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Maria L. Brock 973-827-7725,

    Mountain Properties Crystal

    Source: GSMLS,MLS#: 4031986MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Description: 1st Floor, Full Bath
      Bedroom 1
      • Level: First
      • Area: 165
      • Dimensions: 15 x 11
      Bedroom 2
      • Level: First
      • Area: 121
      • Dimensions: 11 x 11
      Bedroom 3
      • Level: First
      • Area: 99
      • Dimensions: 11 x 9
      Bedroom 4
      • Level: Ground
      • Area: 180
      • Dimensions: 15 x 12
      Primary bathroom
      • Features: Stall Shower
      Dining room
      • Features: Formal Dining Room
      • Level: First
      • Area: 132
      • Dimensions: 12 x 11
      Family room
      • Level: Ground
      • Area: 264
      • Dimensions: 22 x 12
      Kitchen
      • Features: Eat-in Kitchen
      • Level: First
      • Area: 156
      • Dimensions: 13 x 12
      Living room
      • Level: First
      • Area: 306
      • Dimensions: 18 x 17
      Heating
      • 1 Unit, Baseboard - Hotwater, Radiant - Electric, Oil Tank Above Ground - Inside, Wood
      Cooling
      • 1 Unit
      Appliances
      • Included: Carbon Monoxide Detector, Microwave, Range/Oven-Electric, Refrigerator, Washer, Water Softener Rented
      Features
      • Bath(s) Other, Family Room, Utility Room
      • Flooring: Tile, Wood
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Wood Burning

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Width, Asphalt, Built-In Garage
      • Attached garage spaces: 2
      Features
      • Levels: Bi-Level
      • Patio & porch: Deck
      • Waterfront features: Lake Privileges
      Lot
      • Size: 0.62 Acres
      • Dimensions: .622 AC
      • Features: Open Lot, Wooded
      Details
      • Parcel number: 2822004560000000020000
      • Zoning description: RESIDENTIAL

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Clapboard
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1967
      • Major remodel year: 2024

      Utilities & green energy

      • Sewer: Septic 3 Bedroom Town Verified
      • Water: Well
      • Utilities for property: See Remarks, Garbage Extra Charge

      Community & HOA

      Community
      • Features: Billiards Room, Clubhouse, Kitchen Facilities, Playground, Tennis Court(s)
      • Security: Carbon Monoxide Detector
      • Application fee: $2,000
      • Subdivision: Highland Lakes
      HOA
      • Has HOA: Yes
      • Services included: Maintenance-Common Area, See Remarks, Snow Removal, Trash
      • HOA fee: $1,440 annually
      Location
      • Region: Highland Lakes

      Financial & listing details

      • Tax assessed value: $376,000
      • Annual tax amount: $8,817
      • Date on market: 6/8/2026
      • Ownership type: Fee Simple

        Estimated market value

        $572,300

        $544,000 - $601,000

        $3,997/mo

        Price history

        DateEventPrice
        6/16/2026Pending sale$549,900
        Source: GSMLS #4031986 Report a problem
        6/8/2026Listed for sale$549,900+107.5%
        Source: GSMLS #4031986 Report a problem
        6/7/2026Listing removed$4,000
        Source: Zillow Rentals Report a problem
        5/4/2026Listed for rent$4,000
        Source: Zillow Rentals Report a problem
        6/1/2021Sold$265,000
        Source: Public Record Report a problem
        3/22/2021Sold$265,000-1.9%
        Source: GSMLS #3679541 Report a problem
        1/3/2021Pending sale$269,999
        Source: C-21 CHRISTEL REALTY #3679541 Report a problem
        11/20/2020Listed for sale$269,999+4.2%
        Source: C-21 CHRISTEL REALTY #3679541 Report a problem
        9/10/2003Sold$259,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,817 +14.6%$376,000 +19.3%
        2024$7,696 +7.1%$315,300 +13.7%
        2023$7,188 +3.2%$277,200 +12.2%
        2022$6,966 -1.5%$247,100 +9.8%
        2021$7,072 +7.2%$225,000 +3.6%
        2020$6,594 +4.6%$217,100 -7.2%
        2019$6,302 +2.7%$234,000
        2018$6,133 +0.2%$234,000
        2017$6,124 +0.3%$234,000
        2016$6,103 -0.9%$234,000
        2015$6,159 +0.1%$234,000
        2014$6,152 -0.7%$234,000
        2013$6,196 +1.3%$234,000
        2012$6,117 +4.4%$234,000
        2011$5,862 +4.1%$234,000
        2010$5,632 +0.1%$234,000
        2009$5,627 $234,000 +75.8%
        2008-- $133,100
        2007-- $133,100
        2006-- $133,100 +0.9%
        2005-- $131,900
        2004-- $131,900
        2003-- $131,900 +1.2%
        2002-- $130,300
        2001-- $130,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Highland Lakes

        Getting around

        1 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Vernon
        • Middle: Vernon
        • High: Vernon

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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