5 Norwood Terrace, Millburn, NJ 07041 Property Information
5 Norwood Terrace, Millburn, NJ 07041 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 5 Norwood Terrace, Millburn |
| Zip code | 07041 |
| County | Essex |
| Municipality | Millburn Township |
| Block | 408 |
| Lot | 16 |
| Neighborhood | Downtown Millburn |
Sales & Tax Overview for 5 Norwood Terrace, Millburn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 04/11/1995 |
| Sale price | $218,000 |
| Arm's length | Register |
| Property tax | $11,785 |
Lot & Building Information for 5 Norwood Terrace, Millburn
| Building sqft | 2,123 |
| Building class | Residential (2) |
| Acreage | 0.172 |
| Year built | 1925 |
| Stories | 2 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 5 Norwood Terrace, Millburn
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- • Improvements for 5 Norwood Terrace, Millburn , including their type, square footage, grade and when they were built.
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About 5 Norwood Terrace, Millburn
5 Norwood Terrace, Millburn, NJ 07041 was built in 1925 and has a total of 2,123 square feet.
What is the assessed value of 5 Norwood Terrace, Millburn, NJ 07041 and the property tax paid?Assessed at $583,700, the tax amount paid for 5 Norwood Terrace, Millburn, NJ 07041 is $11,784.
When was 5 Norwood Terrace, Millburn, NJ 07041 last sold and what was the last sale price?5 Norwood Terrace, Millburn, NJ 07041 was last sold in 04/11/1995 for $218,000.
Ownership Information
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Past Sales & Property History for 5 Norwood Terrace, Millburn
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| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 04/11/1995 | $218,000 | Register | Register |
Title Documents for 5 Norwood Terrace, Millburn
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R: Recorded date
D: Document date
Property Taxes for 5 Norwood Terrace, Millburn
Access detailed property tax data for 5 Norwood Terrace, Millburn, NJ 07041. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $11,785 |
| Market value | $583,700 |
Assessment History for 5 Norwood Terrace, Millburn
Here's the assessment & property tax history for 5 Norwood Terrace, Millburn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $583,700 | $583,700 | 2.019 | $11,785 | +1.87% |
| 2024 | $583,700 | $583,700 | 1.982 | $11,569 | +1.33% |
| 2023 | $583,700 | $583,700 | 1.956 | $11,417 | +0.67% |
| 2022 | $583,700 | $583,700 | 1.943 | $11,341 | +0.26% |
| 2021 | $583,700 | $583,700 | 1.938 | $11,312 | +0.62% |
Risk
Create a free account to unlock extended information for 5 Norwood Terrace, Millburn, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | 0.2, X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 5 Norwood Terrace, Millburn to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Schools
Nearest elementary schools
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Wyoming Elementary School | 10 | Public | K-4 | 352 | 0.38 |
| South Mountain Elementary School | 9 | Public | PK, K-4 | 284 | 0.60 |
| South Mountain Elementary School | 9 | Public | PK, K-4 | 284 | 0.60 |
| Central Five Jefferson | 4 | Public | 5 | 528 | 0.65 |
| Tuscan Elementary School | 6 | Public | K-5 | 577 | 0.85 |
Nearest middle schools
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Maplewood Middle School | 5 | Public | 6-8 | 721 | 0.69 |
| South Mountain Co-Op | NR | Private | K-12 | 0 | 0.92 |
| The Milton School | NR | Private | 5-12 | 13 | 0.92 |
| Millburn Middle School | 9 | Public | 6-8 | 1,133 | 1.20 |
| Deron School I | NR | Private | PK-11 | 95 | 1.42 |
Nearest high schools
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| South Mountain Co-Op | NR | Private | K-12 | 0 | 0.92 |
| The Milton School | NR | Private | 5-12 | 13 | 0.92 |
| Union Senior High School | 3 | Public | 9-12 | 2,308 | 1.35 |
| Deron School I | NR | Private | PK-11 | 95 | 1.42 |
| Columbia Senior High School | 5 | Public | 9-12 | 1,930 | 1.44 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 5 Norwood Terrace, Millburn
Here are the neighbors for 5 Norwood Terrace, Millburn.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 70 Millburn Ave, Millburn | 08/31/2006 | $100,000 | |
| 70 Milton St, Millburn | 1,763 | 07/05/2012 | $518,000 |
| 66 Milton St, Millburn | 1,140 | 03/12/2013 | $465,000 |
| 56 Milton St, Millburn | 1,433 | ||
| 52 Milton St, Millburn | 1,409 | 08/28/2025 | |
| 18 Cypress St, Millburn | 1,624 | 01/24/2024 | |
| 16 Cypress St, Millburn | 1,974 | 04/12/1995 | $210,000 |
| 104 Millburn Ave, Millburn | 1,584 | 02/06/2017 | $315,000 |
| 96 Millburn Ave, Millburn | 8,888 | 06/05/2024 | |
| 46 Milton St, Millburn | 1,984 | 02/25/2021 | |
| 120 Millburn Ave, Millburn | 15,886 | 12/01/2000 | $1 |
| 68 Milton St, Millburn | 1,124 | 08/15/2003 | $337,000 |
| 94 Millburn Ave, Millburn | 08/25/2005 | $824,000 | |
| 78 Millburn Ave, Millburn | 03/01/2013 | $840,000 | |
| 80 Millburn Ave, Millburn | |||
| 116 Millburn Ave, Millburn | 25,862 | ||
| 100 Millburn Ave, Millburn | 08/09/2013 | $405,000 | |
| 60 Milton St, Millburn | 2,366 | 12/04/2009 | $441,000 |
| 90 Millburn Ave, Millburn | 11,615 | 05/16/2018 | $8,500,000 |
| 54 Milton St, Millburn | 1,489 | 07/01/2024 |