508 Terrace Dr

Vernon Twp, NJ 07422


 

Price: $549,900

GSMLS:  4031986
Type: Single Family
Style: Bi-Level
Beds: 4
Baths: 3 Full
Garage: 2-Car
Year Built: 1967
Acres: 0.62
Property Tax: $8,817
Description
This 4-bedroom, 3-bathroom home was fully renovated by its architect-owner for personal use and now is available for purchase .The renovation prioritizes high quality materials and a functional, open concept layout. The main living area features light toned oak floors and an open kit/din space. The kitchen is equipped with custom cabinetry and a large island designed for both prep and seating. This level includes 3 bedrooms and 2 full bathrooms;the primary suite includes en-suite bath with over sized walk-in-shower. The fully finished lower level is designed for versatility, functioning as a guest/in-law suite or a recreational room. It includes a large bedroom, a dedicated office nook, and a brand -new full bathroom with an over sized shower. This entire level features porcelain tile with electric radiant floor heat and a wood-burning stove. Electric radiant heat in all tiled areas (kitchen, bathrooms,and entire lower level) Two zone oil heat. Lower level can be heated by radiant or oil. Whole-house water softening and filtration system plus a dedicated RO (Reverse Osmosis) kitchen faucet. Private wooded backyard with a rear deck, 2-car garage with significant additional storage space. Short walk to one of the 7 beaches Highland Lakes has to offer.
Rooms Sizes
Kitchen:
13x12 First
Dining Room:
12x11 First
Living Room:
18x17 First
Family Room:
22x12 Ground
Den:
n/a
Bedroom 1:
15x11 First
Bedroom 2:
11x11 First
Bedroom 3:
11x9 First
Bedroom 4:
15x12 Ground
Room Levels
Basement:
n/a
Ground:
1 Bedroom, Bath(s) Other, Family Room, Utility Room
Level 1:
3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Living Room
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
Eat-In Kitchen
Dining Room:
Formal Dining Room
Master Bedroom:
1st Floor, Full Bath
Bath:
Stall Shower
Interior Features
Square Foot:
n/a
Year Renovated:
2024
Basement:
No
Full Baths:
3
Half Baths:
0
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven-Electric, Refrigerator, Washer, Water Softener-Rnt
Flooring:
Tile, Wood
Fireplaces:
No
Fireplace:
n/a
Interior:
CODetect,SmokeDet,StallShw,TubShowr
Exterior Features
Garage Space:
2-Car
Garage:
Built-In Garage
Driveway:
2 Car Width, Blacktop
Roof:
Asphalt Shingle
Exterior:
Clapboard
Swimming Pool:
n/a
Pool:
n/a
Utilities
Heating System:
1 Unit, Baseboard - Hotwater, Radiant - Electric
Heating Source:
Oil Tank Above Ground - Inside, Wood
Cooling:
1 Unit
Water Heater:
n/a
Water:
Well
Sewer:
Septic 4 Bedroom Town Verified
Services:
Garbage Extra Charge
Lot Features
Acres:
0.62
Lot Dimensions:
n/a
Lot Features:
Open Lot, Private Road, Wooded Lot
School Information
Elementary:
VERNON
Middle:
VERNON
High School:
VERNON
Community Information
County:
Sussex
Town:
Vernon Twp.
Neighborhood:
HIGHLAND LAKES
Application Fee:
$2,000
Association Fee:
$1,440 - Annually
Fee Includes:
Maintenance-Common Area, See Remarks, Snow Removal, Trash Collection
Amenities:
Billiards Room, Club House, Kitchen Facilities, Lake Privileges, Playground, Tennis Courts
Pets:
Yes
Financial Considerations
List Price:
$549,900
Tax Amount:
$8,817
Land Assessment:
$201,200
Build. Assessment:
$174,800
Total Assessment:
$376,000
Tax Rate:
2.35
Tax Year:
2025
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4031986
List Date:
06-02-2026
Days On Market:
2
Listing Broker:
MOUNTAIN PROPERTIES CRYSTAL
Listing Agent:
Maria L. Brock
 

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RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
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Web: MorrisCountyLiving.com


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Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox