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54 Terrace Ave

Butler, NJ 07405

3 bd 2 ba Built 1940 Lot 9,148 sqft single_family
Most recent sale
$355,000
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2021 Sold $355,000 MLS #3745528
Nov 22, 2016 Sold $130,795 Public Record
Jul 28, 2016 Listing removed $180,000 GardenState
Jul 26, 2016 Listing removed $140,000 GardenState
Jun 14, 2016 Listed $140,000 MLS #3314826
May 2, 2016 Relisted $180,000 MLS #3299758
Apr 23, 2016 Listing removed $180,000 GardenState
Apr 20, 2016 Listed $180,000 MLS #3299758
Nov 27, 2015 Listing removed $162,000 GardenState
Nov 16, 2015 Price changed $162,000 MLS #3256152
Sep 28, 2015 Listed $180,000 MLS #3256152
Jun 4, 2004 Sold $240,000 Public Record
Aug 14, 2002 Sold $193,450 Public Record
May 16, 2002 Sold $196,500 Public Record
Dec 11, 1987 Sold $137,000 Public Record
May 1, 1983 Sold $61,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $155,000 $283,600 $438,600 $9,152
2024 $147,400 $217,100 $364,500 $8,424
2023 $131,200 $183,900 $315,100 $8,362
2022 $121,700 $151,000 $272,700 $7,545
2021 $64,400 $122,300 $186,700 $7,158
2020 $64,400 $122,300 $186,700 $6,975
2019 $64,400 $122,300 $186,700 $6,822
2018 $64,400 $122,300 $186,700 $6,734
2017 $64,400 $122,300 $186,700 $6,563
2016 $64,400 $122,300 $186,700 $6,393
2015 $64,400 $122,300 $186,700 $6,290
2014 $64,400 $122,300 $186,700 $6,096
2013 $64,400 $122,300 $186,700 $5,958
2012 $64,400 $122,300 $186,700 $5,793
2011 $64,400 $122,300 $186,700 $5,653
2010 $64,400 $122,300 $186,700 $5,379
2009 $64,400 $122,300 $186,700 $5,138
2008 $64,400 $122,300 $186,700 $5,035
2007 $64,400 $122,300 $186,700 $4,872

Property facts

Year built
1940
Property type
single_family
Stories
Beds
3
Baths
2
Living area
Lot size
9,148 sqft
ZIP code
07405
City
Butler
Street
Terrace Ave
Coordinates
41.01038, -74.35569

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 54 Terrace Ave last sell?
54 Terrace Ave most recently sold on Dec 30, 2021 for $355,000.
What is the current tax assessment for 54 Terrace Ave?
The most recent total assessment for 54 Terrace Ave (year 2025) is $438,600 with $9,152 in property tax.
How does 54 Terrace Ave's assessment compare to its last sale price?
The current assessment is 23.5% above the last sale price of $355,000.
When was 54 Terrace Ave built?
54 Terrace Ave was built in 1940.
How does 54 Terrace Ave compare to others on Terrace Ave?
We track 8 other properties on Terrace Ave. Browse the list under "Other properties on Terrace Ave" to compare beds, baths, and sale history.
What are the property facts for 54 Terrace Ave?
54 Terrace Ave is a 3 bed, 2 bath, 9,148 sqft lot single_family.
Is 54 Terrace Ave a flip candidate?
No — 54 Terrace Ave does not appear in our flips dataset.
Is 54 Terrace Ave a tax-appeal candidate?
Yes — 54 Terrace Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.5%
Implied 1-yr
+22.0%
2026 Q1
$846.9K
2026 Q2
$881.2K
ZIP 07405 — Median Price History + Forecast

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