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242 Terrace Lake Dr

Butler, NJ 07405

ba 1,415 sqft Built 2001 Lot 5,192 sqft condo
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $167,800 $215,000 $382,800 $9,049
2024 $160,400 $200,000 $360,400 $8,297
2023 $138,500 $175,000 $313,500 $8,320
2022 $107,600 $162,500 $270,100 $7,473
2021 $90,100 $135,000 $225,100 $8,630
2020 $90,100 $135,000 $225,100 $8,409
2019 $90,100 $135,000 $225,100 $8,225
2018 $90,100 $135,000 $225,100 $8,119
2017 $90,100 $135,000 $225,100 $7,912
2016 $90,100 $135,000 $225,100 $7,707
2015 $90,100 $135,000 $225,100 $7,583
2014 $90,100 $135,000 $225,100 $7,349
2013 $90,100 $135,000 $225,100 $7,182
2012 $90,100 $135,000 $225,100 $6,984
2011 $90,100 $135,000 $225,100 $6,816
2009 $104,700 $135,000 $239,700 $6,596
2008 $104,700 $135,000 $239,700 $6,464
2007 $104,700 $135,000 $239,700 $6,256

Property facts

Year built
2001
Property type
condo
Stories
3
Beds
Baths
Living area
1,415 sqft
Lot size
5,192 sqft
ZIP code
07405
City
Butler
Street
Terrace Lake Dr
Coordinates
41.01093, -74.36003

Comparable properties nearby

Block-level micro-comps

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

Frequently asked questions

When did 242 Terrace Lake Dr last sell?
No public-record sale is on file for 242 Terrace Lake Dr.
What is the current tax assessment for 242 Terrace Lake Dr?
The most recent total assessment for 242 Terrace Lake Dr (year 2025) is $382,800 with $9,049 in property tax.
When was 242 Terrace Lake Dr built?
242 Terrace Lake Dr was built in 2001.
How does 242 Terrace Lake Dr compare to others on Terrace Lake Dr?
We track 8 other properties on Terrace Lake Dr. Browse the list under "Other properties on Terrace Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 242 Terrace Lake Dr?
242 Terrace Lake Dr is a — bath, 1,415 sqft, 5,192 sqft lot condo.
Is 242 Terrace Lake Dr a flip candidate?
No — 242 Terrace Lake Dr does not appear in our flips dataset.
Is 242 Terrace Lake Dr a tax-appeal candidate?
No — 242 Terrace Lake Dr 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
+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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