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253 Terrace Lake Dr

Butler, NJ 07405

2 bd 2 ba Built 2000 Lot 5,227 sqft condos
Most recent sale
$375,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $375,000 MLS #3775483
Apr 14, 2022 Listed $349,000 MLS #3775483
Aug 5, 2014 Sold $326,000 Public Record
May 2, 2014 Listing removed $328,900 GardenState
Apr 5, 2014 Listed $328,900 MLS #3130670
Aug 6, 2013 Sold $300,000 Public Record
Jun 21, 2013 Listing removed $319,900 GardenState
Jun 17, 2013 Listing removed $319,900 NewJerseyMLS
May 24, 2013 Price changed $319,900 MLS #3027341
Apr 26, 2013 Listed $329,900 MLS #1314663
May 12, 2008 Sold $335,000 Public Record
Sep 11, 2002 Sold $238,534 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $171,200 $215,000 $386,200 $9,132
2024 $163,700 $200,000 $363,700 $8,377
2023 $141,500 $175,000 $316,500 $8,399
2022 $106,700 $162,500 $269,200 $7,448
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
2010 $104,700 $140,000 $244,700 $7,050
2009 $104,700 $140,000 $244,700 $6,734
2008 $104,700 $140,000 $244,700 $6,599
2007 $104,700 $140,000 $244,700 $6,386

Property facts

Year built
2000
Property type
condos
Stories
Beds
2
Baths
2
Living area
Lot size
5,227 sqft
ZIP code
07405
City
Butler
Street
Terrace Lake Dr
Coordinates
41.01068, -74.35972

Frequently asked questions

When did 253 Terrace Lake Dr last sell?
253 Terrace Lake Dr most recently sold on Jun 17, 2022 for $375,000.
What is the current tax assessment for 253 Terrace Lake Dr?
The most recent total assessment for 253 Terrace Lake Dr (year 2025) is $386,200 with $9,132 in property tax.
How does 253 Terrace Lake Dr's assessment compare to its last sale price?
The current assessment is 3.0% above the last sale price of $375,000.
When was 253 Terrace Lake Dr built?
253 Terrace Lake Dr was built in 2000.
How does 253 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 253 Terrace Lake Dr?
253 Terrace Lake Dr is a 2 bed, 2 bath, 5,227 sqft lot condos.
Is 253 Terrace Lake Dr a flip candidate?
No — 253 Terrace Lake Dr does not appear in our flips dataset.
Is 253 Terrace Lake Dr a tax-appeal candidate?
No — 253 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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