new - 18 hours on rocket

5 Palm Terrace, Terrace, NJ, 07456

$379,000

Home List Price

$4,501*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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5 Palm Terrace, Ringwood$379,000

Buyer Closing Credits

$4,501*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPark Space
HeatingNatural Gas, Forced Air, Hot Water
CoolingCentral Air
WaterfrontNone
FireplaceNone
ViewOther
MLS #24050473
StatusActive

About 5 Palm Terrace

Welcome home to this stunning fully renovated Ranch is a true gem, perfectly situated in the picturesque town of Ringwood, New Jersey. Boasting a desirable blend of modern updates and classic charm, this property is ideal for those seeking a serene lifestyle with convenience. Enjoy a partially open concept design that seamlessly connects living spaces, creating an inviting atmosphere perfect for entertaining and gatherings. The heart of the home features a brand-new kitchen equipped with modern appliances, sleek cabinetry, and ample counter space, making meal preparation a joyous experience. The comfortable living area is adorned with engineered hard wood flooring throughout, providing durability and ease of maintenance while adding a touch of elegance to the home. With a brand-new HVAC, you can rest assured that this home is energy-efficient and equipped for year-round comfort. The property features a beautifully paved driveway, leading to a landscaped yard that is perfect for ou

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Stories: 1

Listing Office:

  • Office Name: Realty One Group Legend, Clifton
  • Office Phone: (973) 772-0660
  • Listing Agent: Danny Nunez

Interior Features

Interior Information:

  • Basement: No
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Other
  • Exterior: None

Parking Information:

  • Parking: Park Space

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Hot Water
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $379,000
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Housing Market Comparison

See how this home compares to others in Ringwood, NJ.

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Ringwood, NJ

City

Med. Sold Price

$540K

Med. Price/SqFt

$161

# of Sold Homes

8

5 Palm Terrace vs Ringwood

1 DAY ON ROCKET

$379,000

-$161K Less

KEY TAKEAWAY

This property is $161K less than the Median Sold Price in Ringwood, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24050473

Listing Office:

  • Office Name: Realty One Group Legend, Clifton
  • Office Phone: (973) 772-0660
  • Listing Agent: Danny Nunez

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,959

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,203

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-780822
8
/10

  • Peter Cooper Elementary School

  • 54 Roger Ct

  • 0.49 miles

  • Public District Grades PK-3

school-card-donut-780823
5
/10

  • Eleanor G. Hewitt Intermediate School

  • 266 Sloatsburg Rd

  • 3.20 miles

  • Public District Grades 4-5

school-card-donut-780824
6
/10

  • Heights Elementary School

  • 114 Seminole Ave

  • 3.46 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,512. Typical income of Ringwood, NJ residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Palm Terrace

What is the listing price of this property?

The listing price of 5 Palm Terrace property is $379,000.

What type of property is this?

The property 5 Palm Terrace is a house located in Terrace, New Jersey, 07456.

Is this property for sale now?

Active Listing: 5 Palm Terrace is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5 Palm Terrace has 2 bedrooms and 1 bathroom.

Rocket Homes›New Jersey›Passaic County›Ringwood›07456›5 Palm Terrace

This home is located at 5 Palm Terrace in Terrace, NJ and zip code 07456. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $379,000.

Over 6 listings were sold over their listed price in November 2024 in Ringwood, NJ. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Ringwood, NJ between October 2024 and November 2024 decreased by 16.7%.

From Rocket Homes Real Estate and based on county public records data.

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