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341 Terrill Rd, Fanwood, NJ, 07023

5beds
3baths
--sqft
$699,000
--price/sqft
$5,041/moest. monthly cost
$201,640/yrincome needed

About This Home

Welcome to this stunning, turn-key colonial set on an expansive property in Fanwood. Upon entering, you are greeted by gleaming hardwood floors and an abundance of natural light streaming through oversized windows. The first floor offers an exceptionally spacious and versatile layout, highlighted by a beautifully appointed chef's kitchen featuring custom cabinetry, a generous center island, granite countertops, & premium stainless steel appliances. Two additional bedrooms on this level are currently being utilized as a dining room and family room, offering flexibility to suit a variety of lifestyles. A full bath completes the first floor, along with seamless access to a beautiful deck overlooking the professionally landscaped, expansive property. Upstairs, the serene primary suite is a true retreat, filled with natural light and featuring two oversized walk-in closets and a luxurious full bath. Two additional generously sized bedrooms share a well-appointed hall bath, offering both comfort and functionality. The finished basement provides valuable additional recreation space, ideal for a home gym, media room, or play area, further enhancing the home's versatility. Set on an impressive 200-foot-deep lot, the outdoor space offers exceptional privacy and endless possibilities for entertaining & relaxation. Thoughtfully designed, meticulously maintained and ideally situated within the highly sought-after Scotch Plains school district!

Getting Around

73
WalkingVery Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Gas Cooktop,Dishwasher,Dryer,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Features: Laundry Room, Rec Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedroom1

  • Level: First
  • Area: 225

Bedroom2

  • Level: Second
  • Area: 132

Bedroom3

  • Level: Second
  • Area: 110

Bedroom4

  • Level: First
  • Area: 100

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedroom,Rec Room
  • Window features: Blinds

Heating & Cooling

  • Heating features: 1 Unit,Natural Gas
  • Cooling features: 1 Unit

Kitchen

  • Features: Kitchen Island
  • Level: First
  • Area: 165

Living Room

  • Level: First
  • Area: 380

Property

Details

  • Parcel number: 2905000490000000170000
  • Exclusions: Swingset & Electric car charger

Features

  • Patio & porch: Deck
  • Exterior features: Curbs,Sidewalk

Lot

  • Lot size: 10,018 sqft
  • Lot size dimensions: 50 x 200

Parking

  • Total spaces: 4
  • Parking features: 1 Car Width,Additional Parking,On Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$132$1,584
Property Taxes $1,182$14,184
Electricity $193$2,318
Total$5,041$60,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,834/yr
40% on housing$151,230/yr
45% on housing$134,426/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07023$492
Union County$380

vs Homes Sold Last Month

Median $/sqft

ZIP 07023$406
Union County$416

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-09Pending sale$699,000
2026-04-30Listed for sale$699,000
2019-01-08Sold$468,000
2018-11-14Pending sale$479,000
2018-09-21Price change$479,000
2018-09-07Price change$489,000
2018-07-27Price change$499,000
2018-07-11Listed for sale$550,000
2017-10-27Sold$213,000
2017-07-28Pending sale$245,000
2017-06-28Price change$245,000
2017-06-11Listed for sale$185,000
2008-08-22Sold$262,650
2008-05-23Listing removed$274,900
2008-05-01Listed for sale$274,900

For Sale by Agent

AgentNicole Schecter
BrokerageColdwell Banker Realty

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