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1 Skyview Ter
Score
0
Stirling, NJ

1 Skyview Ter

1.3M
4 bd • 4 ba • sf

This analysis was generated on 3/5/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,250,000

Price/Sq.Ft

$1,250,000

Year Built

2000

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Gourmet Kitchen: Custom cabinetry, high-end appliances (Wolf range), butcher block island, and coffered ceiling add significant value (estimated $50,000+). • Hardwood Flooring: Extensive use of hardwood flooring throughout the house adds warmth and value (estimated $15,000+). • Custom Millwork and Trim: Extensive use of custom millwork, wainscoting, and crown molding adds architectural interest and value (estimated $10,000+). • Luxurious Master Bathroom: Features like a soaking tub, separate shower, and high-end fixtures add significant value (estimated $20,000+). • Stone Fireplace: The floor-to-ceiling stone fireplace in the living room is a focal point and adds value (estimated $8,000+). • Hardwood floors • Coffered ceilings • Custom millwork • High-end kitchen appliances • Stone fireplace • Price Position: Price per square foot cannot be calculated as square footage is unknown. This is a critical data point for accurate market analysis. • Appreciation Trend: Property sold for $775,000 in 2011 and is now listed for $1,250,000, representing a significant price increase over 14 years. However, renovations likely contribute to this increase. Annual appreciation rate cannot be accurately calculated without knowing the square footage and comparable sales data. • Potential Equity: Property could be worth up to $50,000 more than the asking price • Rental Income: $2,590/month with 99% occupancy (0.0% cap rate) • Future Development: No specific planned developments are mentioned in the provided data. • The house has excellent natural light, especially in the living room and kitchen, due to the large windows. The master bedroom also has ample natural light. • The layout is well-designed with an open-concept kitchen and living area. The flow between rooms is excellent. The two-story living room provides a dramatic focal point. The office provides a private workspace.
Gourmet Kitchen

Gourmet Kitchen

Custom cabinetry, high-end appliances (Wolf range), butcher block island, and coffered ceiling add significant value (estimated $50,000+).

Hardwood Flooring

Hardwood Flooring

Extensive use of hardwood flooring throughout the house adds warmth and value (estimated $15,000+).

Custom Millwork and Trim

Custom Millwork and Trim

Extensive use of custom millwork, wainscoting, and crown molding adds architectural interest and value (estimated $10,000+).

Luxurious Master Bathroom

Luxurious Master Bathroom

Features like a soaking tub, separate shower, and high-end fixtures add significant value (estimated $20,000+).

The Bad

• Lack of square footage data makes it difficult to accurately assess price per square foot and compare to market averages. • Climate risks (heat and wind) may require additional insurance or maintenance costs. • Prior listing history shows price reductions and removal from the market in 2010-2011, indicating potential challenges in achieving desired sale price. • School Quality Issue: Proximity to Central Middle School (8/10 rating) likely adds a moderate premium to the property value. The impact of Watchung Hills Regional High School (6/10 rating) may be neutral or slightly negative. The lack of rating for Gillette Elementary makes it difficult to assess its impact.

The Ugly

• Climate Risk: The property is in FEMA Flood Zone X, indicating minimal flood risk, so flood insurance is not critical. However, the major wind risk may lead to higher insurance premiums. Estimated insurance is $4500/year, but wind-related damage could increase this cost.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $31,080 with 99% occupancy rate Value Investors: Projected 14.0% appreciation potential in moderate scenario

Not For

Risk-averse buyers: Property faces significant climate-related insurance costs and risks
Demographics
Area Median Income

$131,125

Property History

Price History
Ownership Timeline
$775,000Cash Purchase
Jun 17, 2011
Jay Bharatiya, Mona JaggiMatthew Parisi, Jennifer Parisi
Bargain And Sale Deed
Standard Sale (Purchase/Resales)

Property Taxes

$32,380
2024 Tax Assessment
53.8%from previous year
Assessed Value$959,400
Tax Rate3.38%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Middle

8.0/10
Excellent

High

6.0/10
Good

Financials

Monthly Costs
Market Rent (4 bed)

$1,220

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