What is the assessed value of 5 Colonial Terrace, Maplewood, NJ 07040?

5 Colonial Terrace, Maplewood, NJ 07040 is assessed at $1,003,300 (land plus improvements).

What is 5 Colonial Terrace, Maplewood, NJ 07040 worth?

Our model estimates 5 Colonial Terrace, Maplewood, NJ 07040 at $1,178,672, based on comparable recorded sales nearby.

How many units does 5 Colonial Terrace, Maplewood, NJ 07040 have?

5 Colonial Terrace, Maplewood, NJ 07040 has 1 dwelling unit on record.

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5 Colonial Terrace

Maplewood, NJ 07040·Essex County

Estimated market value

$1,178,672

high confidence

range $760,934 – $1,292,661

Assessment-implied: $1,039,689; Equalization ratio 0.9650 (2025)
Comp-implied: $1,225,000; 30 comparable sales

Based on 30 comparable sales

Address	Sold	Price
19 Manley Terrace	12/30/2025	$465,000
14 Melman Terrace	8/11/2025	$585,000

Last sale

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Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1930

Building size

1,998 sq ft

Lot size

0.18 ac

Land description

60X132

Building description

2SF2G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$1,003,300

Land value

$514,600

Improvement value

$488,700

Last year's tax

$24,089

Sale on tax record

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Deed date

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Sales history

No recorded sales yet.

Deeds

No recorded deeds yet. Click Get deed list to pull the title chain from the county clerk.

Properties on Colonial Terrace

Properties on Block 7.06

Frequently asked

What is the assessed value of 5 Colonial Terrace, Maplewood, NJ 07040?: 5 Colonial Terrace, Maplewood, NJ 07040 is assessed at $1,003,300 (land plus improvements).
What is 5 Colonial Terrace, Maplewood, NJ 07040 worth?: Our model estimates 5 Colonial Terrace, Maplewood, NJ 07040 at $1,178,672, based on comparable recorded sales nearby.
How many units does 5 Colonial Terrace, Maplewood, NJ 07040 have?: 5 Colonial Terrace, Maplewood, NJ 07040 has 1 dwelling unit on record.
What kind of property is 5 Colonial Terrace, Maplewood, NJ 07040?: It is a Residential Property.

Parcel ID0711·block 7.06·lot 44

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