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247 Terrace Lake Dr

Butler, NJ 07405

1,944 sqft Built 2001 Lot 5,192 sqft condo
Most recent sale
$445,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $445,000 Public Record
Jul 31, 2022 Sold $445,000 GardenState
Apr 8, 2022 Listed $435,000 MLS #22011897
Mar 11, 2014 Sold $345,000 Public Record
Jan 31, 2014 Listing removed $359,000 GardenState
Sep 25, 2013 Listing removed $359,000 GardenState
Sep 25, 2013 Listed $359,000 MLS #3081116
Jul 25, 2013 Listed $359,000 MLS #3059349
Mar 14, 2012 Listing removed $359,000 GardenState
Mar 12, 2012 Listing removed $359,000 NewJerseyMLS
Sep 15, 2011 Listed $359,000 MLS #1135319
Sep 13, 2011 Listed $359,000 MLS #2886231
Sep 27, 2002 Sold $265,852 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $260,300 $215,000 $475,300 $10,804
2024 $230,300 $200,000 $430,300 $9,928
2023 $197,200 $175,000 $372,200 $9,878
2022 $164,400 $162,500 $326,900 $9,045
2021 $114,800 $146,800 $261,600 $10,029
2020 $114,800 $146,800 $261,600 $9,773
2019 $114,800 $146,800 $261,600 $9,558
2018 $114,800 $146,800 $261,600 $9,435
2017 $114,800 $146,800 $261,600 $9,195
2016 $114,800 $146,800 $261,600 $8,957
2015 $114,800 $146,800 $261,600 $8,813
2014 $114,800 $146,800 $261,600 $8,541
2013 $114,800 $146,800 $261,600 $8,347
2012 $114,800 $146,800 $261,600 $7,867
2011 $114,800 $146,800 $261,600 $7,671
2010 $133,300 $175,000 $308,300 $8,632
2009 $133,300 $175,000 $308,300 $8,234
2008 $133,300 $175,000 $308,300 $8,064
2007 $133,300 $175,000 $308,300 $7,796

Property facts

Year built
2001
Property type
condo
Stories
3
Beds
Baths
Living area
1,944 sqft
Lot size
5,192 sqft
ZIP code
07405
City
Butler
Street
Terrace Lake Dr
Coordinates
41.01058, -74.35973

Comparable properties nearby

Frequently asked questions

When did 247 Terrace Lake Dr last sell?
247 Terrace Lake Dr most recently sold on Sep 1, 2022 for $445,000.
What is the current tax assessment for 247 Terrace Lake Dr?
The most recent total assessment for 247 Terrace Lake Dr (year 2025) is $475,300 with $10,804 in property tax.
How does 247 Terrace Lake Dr's assessment compare to its last sale price?
The current assessment is 6.8% above the last sale price of $445,000.
When was 247 Terrace Lake Dr built?
247 Terrace Lake Dr was built in 2001.
How does 247 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 247 Terrace Lake Dr?
247 Terrace Lake Dr is a 1,944 sqft, 5,192 sqft lot condo.
Is 247 Terrace Lake Dr a flip candidate?
No — 247 Terrace Lake Dr does not appear in our flips dataset.
Is 247 Terrace Lake Dr a tax-appeal candidate?
No — 247 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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