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$350,000 Just Listed
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Property Description
Welcome to Highland Lakes, where lake community living meets everything there is to love about Sussex County! This charming 2-bedroom, 1-bath home welcomes you with a covered front porch and offers an updated interior, generous room sizes and plenty of space to enjoy life indoors and out. Step inside to new flooring, an updated kitchen with stainless steel appliances, a refreshed full bath and a cozy wood-burning stove perfect for chilly North Jersey nights. Both bedrooms are spacious, while the finished attic provides tons of additional storage and flexible space. Outside, enjoy a large deck, usable yard and storage shed, surrounded by the wooded beauty Highland Lakes is known for. Located in Vernon Township, you're close to lakes, hiking, skiing, golf, wineries, farms and year-round outdoor recreation throughout Sussex County, with Warwick, NY nearby for shopping, dining and entertainment.Whether you're looking for a full-time home in Highland Lakes, a weekend escape in Northern New Jersey or simply more access to the outdoors, this one delivers the Sussex County lifestyle.
Full Property Details
Full Property Details for 543 Terrace Dr
General
- Price: $350,000
- HOA FEE: $120/month
- HOA FEE FREQ.: Annually
- Taxes: $6,997 (2025)
- Status: Active
- Type: Single Family
- Source: Garden_State
- MLS ID: 4057341
- Updated: 10/7/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 5
- 2nd Floor/Level 2: Attic, Storage Room
- 1st Floor/Level 1: Bedroom 2, Other Bath, Dining Room, Kitchen, LivDinRm, Porch, Walkout
- Interior Features: Carbon Monoxide Detector, Smoke Detector, Tub Shower
- Number of Fireplaces: 1
- Fireplace(s): Wood Stove-Freestanding
- Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave, Electric Range and Oven, Refrigerator, Washer
- Flooring: Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 1st Floor
- Bedroom 1: 20 x 12, First
- Bedroom 2: 15 x 13, First
Other Rooms
- Living Room: 17 x 16, First
- Kitchen: Country Kitchen, 10 x 10, First
- Dining Room: Dining L, 10 x 8, First
- Porch: 18 x 6, First
- Bathroom: 5 x 10, First
- Attic: Second
Additional Information
- Shared Amenities: Club House, Lake Privileges
Exterior
- Exterior Features: Deck, Open Porch(es), Storage Shed
Parking
- Uncovered Spaces: 4
Location
- County: Sussex
- Subdivision: Highland Lakes
- Driving Directions: Highland Lakes Rd to Old Homestead Dr to Terrace Dr
School Information
- High School: VERNON
Community
- Community Living: Yes
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Electric Baseboard
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Septic
- Water: Well
- Utility Description: Electric, Garbage Extra Charge
Structural Information
- Architectural Style: Ranch
- Basement Desc.: Slab
- Roof: Asphalt Shingles
- Square Feet: 1,120
- Year Built: 1975
- Remodeled/Updated: 2017
Lot Features
- Lot Size (Acres): 0.23
- Lot Size: .231 AC
- Driveway/Sidewalk: 2 Car Width, Gravel
- Lot Description: Level Lot
Financial Considerations
- Association Fee: $1,440
- Assoc Fee Freq.: Annually
- Application Fee: $2,000
- Other Fee Freq.: One Time
- Assessment Amount: $308,800
- Land Assmt: $197,300
- Tax Amount: $6,997
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Disclosures: Yes
- APN: 2822-00484-0000-00018-0000-
- Block: 484
- Lot Number: 18
Listed by Exp Realty, Llc
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Schools
Schools serving 543 Terrace Dr
School District:Vernon Township School District
| Name | Grades | Distance |
|---|---|---|
Cedar Mountain School 17 Sammis Road, Vernon Township, NJ 07462 | 2-4 | 3.6 mi |
Rolling Hills Elementary School 60 Sammis Road, Vernon Township, NJ 07462 | 2-4 | 3.7 mi |
Glen Meadow Middle School 7 Sammis Road, Vernon Township, NJ 07462 | 7-8 | 3.5 mi |
Vernon Twp High School 1832 Route 565, Vernon Township, NJ 07462 | 9-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 543 Terrace Dr
Date
Details
Price
Change
Source
10/07/2026
Listed
$350,000
1.3%
MLS
10/29/2025
Sold
$345,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 543 Terrace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,997
—
$308,800
3%
2025
$6,997
19%
$298,400
26%
2022
$5,889
10%
$237,600
14%
2021
$5,362
5%
$208,900
22%
2020
$5,130
16%
$170,600
4%
2019
$4,427
—
$163,900
4%
2019
$4,427
5%
$157,100
—
2018
$4,231
3%
$157,100
—
2017
$4,118
—
$157,100
—
2016
$4,111
-16%
$157,100
-16%
2015
$4,880
-1%
$187,100
—
2014
$4,924
—
$187,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 543 Terrace Dr
543 Terrace Dr, Vernon, NJ 07422 (MLS# 4057341) is a Single Family property with 2 bedrooms and 1 full bathroom. 543 Terrace Dr is currently listed for $350,000 and was received on October 07, 2026. Want to learn more about 543 Terrace Dr? Do you have questions about finding other Single Family real estate for sale in Vernon? You can browse all Vernon real estate or contact a Coldwell Banker agent to request more information.

