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393 Terrace Ln

Bedminster Twp, NJ 07921

2 bd 3 ba 1,467 sqft Built 1988 Lot 4,356 sqft condos
Most recent sale
$445,650
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $445,650 MLS #3798060
Jul 23, 2022 Listed $422,500 MLS #3798060
Jul 26, 2017 Sold $337,000 Public Record
Aug 31, 2015 Listed $339,900 MLS #3249577
May 6, 2005 Sold $380,000 Public Record
Mar 16, 1999 Sold $174,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $259,800 $197,200 $457,000 $5,502
2024 $259,800 $197,200 $457,000 $5,242
2023 $231,300 $156,100 $387,400 $5,191
2022 $209,900 $150,100 $360,000 $4,942
2021 $203,100 $144,300 $347,400 $4,846
2020 $203,100 $137,400 $340,500 $4,709
2019 $204,400 $136,000 $340,400 $4,681
2018 $202,700 $139,000 $341,700 $4,637
2017 $217,900 $122,000 $339,900 $4,687
2016 $214,600 $122,000 $336,600 $4,574
2015 $212,600 $113,000 $325,600 $4,425
2014 $207,500 $113,000 $320,500 $4,384
2013 $194,400 $113,000 $307,400 $4,171
2012 $196,700 $118,000 $314,700 $4,110
2011 $177,000 $128,000 $305,000 $3,864
2010 $174,800 $128,000 $302,800 $3,846
2009 $199,100 $130,600 $329,700 $3,887
2008 $216,500 $130,600 $347,100 $3,867
2007 $211,600 $134,600 $346,200 $3,877

Property facts

Year built
1988
Property type
condos
Stories
Beds
2
Baths
3
Living area
1,467 sqft
Lot size
4,356 sqft
ZIP code
07921
City
Bedminster Twp
Street
Terrace Ln
Coordinates
40.65887, -74.63701

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,201
Gross rental yield
5.93%
Implied cap rate
3.85%
Trend-extrapolated value

Frequently asked questions

When did 393 Terrace Ln last sell?
393 Terrace Ln most recently sold on Sep 15, 2022 for $445,650.
What is the current tax assessment for 393 Terrace Ln?
The most recent total assessment for 393 Terrace Ln (year 2025) is $457,000 with $5,502 in property tax.
How does 393 Terrace Ln's assessment compare to its last sale price?
The current assessment is 2.5% above the last sale price of $445,650.
When was 393 Terrace Ln built?
393 Terrace Ln was built in 1988.
How does 393 Terrace Ln compare to others on Terrace Ln?
We track 2 other properties on Terrace Ln. Browse the list under "Other properties on Terrace Ln" to compare beds, baths, and sale history.
What are the property facts for 393 Terrace Ln?
393 Terrace Ln is a 2 bed, 3 bath, 1,467 sqft, 4,356 sqft lot condos.
Is 393 Terrace Ln a flip candidate?
No — 393 Terrace Ln does not appear in our flips dataset.
Is 393 Terrace Ln a tax-appeal candidate?
No — 393 Terrace Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$558.1K
2026 Q4
$552.9K
ZIP 07921 — Median Price History + Forecast

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