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481 Terrill Rd, Fanwood, NJ, 07023

5beds
4baths
3,322sqft
$875,000
$263price/sqft
$6,435/moest. monthly cost
$257,400/yrincome needed

About This Home

This Beautifull 5 Bedroom 3,5 Bathroom home featuring spacious layout with Living Room Dining Room, Kitchen offers Stainless Steel Appliances granite countertops, Den and 2 Bedrooms on the 1st Floor. Second floor features 2 great size bedrooms and Primary Suite with Private Balcony, Walk in Closet, Luxurious Bathroom with Jetted tub, separate shower. Enjoy a stunning backyard perfect for relaxing or entertaining. Additional highlights include a two-car garage, full unfinished basement with Bilko-door. Prime location within walking distance to the train station, restaurants, shopping, close proximity to all major highways. Don't miss this incredible opportunity!

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

6/10
Terrill Middle SchoolGrades 5-80.8 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2001

Type & Style

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

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Electric Cooktop,Dishwasher,Refrigerator,Self Cleaning Oven,Wall Oven(s) - Electric,Gas Water Heater
  • Laundry features: Level 2

Basement

  • Features: Storage Room, Utility Room

Basement

  • Has basement: Yes
  • Basement: Yes,Bilco-Style Door,Unfinished

Bedroom1

  • Level: Second
  • Area: 225

Bedroom2

  • Level: Second
  • Area: 230

Bedroom3

  • Level: Second
  • Area: 120

Bedroom4

  • Level: First
  • Area: 156

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: Living/Dining Combo
  • Level: First
  • Area: 180

Family Room

  • Level: First
  • Area: 266

Features

  • Bedroom
  • Flooring: Carpet,Laminate,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas,Living Room,Master Bedroom
  • Fireplace: Yes

Heating & Cooling

  • Heating features: 2 Units,Natural Gas
  • Cooling features: 2 Units,Central Air

Interior Area

  • Total structure area: 3,322
  • Total interior livable area: 3,322 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Level: First
  • Area: 240

Living Room

  • Level: First
  • Area: 209

Master Bathroom

  • Features: Stall Shower

Property

Details

  • Parcel number: 2905000780000000220000

Features

  • Patio & porch: Deck
  • Has spa: Yes
  • Spa features: Bath

Lot

  • Lot size: 10,454 sqft
  • Features: Backs to Park Land,Level
  • Lot size dimensions: 87 x 120

Parking

  • Total spaces: 2
  • Parking features: Asphalt,Enclosed,Detached Garage,Garage Door Opener,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $4,424$53,088
Home Insurance *$165$1,980
Property Taxes $1,480$17,760
Electricity $366$4,394
Total$6,435$77,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$220,628/yr
40% on housing$193,050/yr
45% on housing$171,600/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

$263This listing

vs Other Active Listings

Avg $/sqft

ZIP 07023$506
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
2026-05-08Pending sale$875,000
2026-04-23Price change$875,000
2026-03-12Listed for sale$899,000
2025-12-10Listing removed$939,900
2025-10-17Listed for sale$939,900
2025-10-17Listing removed$6,500
2025-09-17Listed for rent$6,500
2023-06-07Sold$685,000
2023-05-03Pending sale$680,000
2023-05-03Contingent$680,000
2023-04-14Listed for sale$680,000
2017-06-06Sold$499,000
2017-03-28Listed for sale$499,000
2017-03-28Pending sale$499,000
2017-03-03Price change$499,000
2017-02-23Price change$549,000
2017-01-24Price change$569,000
2016-09-22Listed for sale$599,000
2001-01-22Sold$145,000
1996-11-22Sold$90,000

For Sale by Agent

AgentMarta Weglarz
BrokerageRe/Max Preferred Professionals

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