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275 Terrace Rd

Franklin Lakes, NJ 07417

5,508 sqft Built 2012 Lot 60,113 sqft single_family
Most recent sale
$1,610,000
Aug 29, 2016

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2023 Sold $2,050,000 Public Record
Apr 13, 2022 Listed $2,250,000 MLS #22012510
Aug 29, 2016 Sold $1,610,000 Public Record
Mar 14, 2016 Listing removed $1,675,000 NewJerseyMLS
Feb 19, 2016 Listed $1,675,000 MLS #1606143
May 13, 2008 Sold $875,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $920,800 $523,000 $1,443,800 $27,489
2024 $920,800 $523,000 $1,443,800 $25,930
2023 $920,800 $523,000 $1,443,800 $24,977
2022 $920,800 $523,000 $1,443,800 $24,342
2021 $920,800 $523,000 $1,443,800 $23,996
2020 $920,800 $523,000 $1,443,800 $23,794
2019 $920,800 $523,000 $1,443,800 $23,707
2018 $846,000 $523,000 $1,369,000 $22,246
2017 $846,000 $523,000 $1,369,000 $22,397
2016 $846,000 $523,000 $1,369,000 $22,465
2015 $846,000 $523,000 $1,369,000 $21,890
2014 $846,000 $523,000 $1,369,000 $21,521
2013 $846,000 $523,000 $1,369,000 $21,315
2012 $523,000 $523,000 $8,018
2011 $281,400 $523,000 $804,400 $12,307
2010 $332,600 $663,000 $995,600 $12,405
2009 $332,600 $663,000 $995,600 $11,907
2008 $332,600 $663,000 $995,600 $11,489
2007 $332,600 $663,000 $995,600 $11,051

Property facts

Year built
2012
Property type
single_family
Stories
Beds
Baths
Living area
5,508 sqft
Lot size
60,113 sqft
ZIP code
07417
City
Franklin Lakes
Street
Terrace Rd
Coordinates
41.00471, -74.21919

Comparable properties nearby

Block-level micro-comps

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

Frequently asked questions

When did 275 Terrace Rd last sell?
275 Terrace Rd most recently sold on Aug 29, 2016 for $1,610,000.
What is the current tax assessment for 275 Terrace Rd?
The most recent total assessment for 275 Terrace Rd (year 2025) is $1,443,800 with $27,489 in property tax.
How does 275 Terrace Rd's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $1,610,000.
When was 275 Terrace Rd built?
275 Terrace Rd was built in 2012.
How does 275 Terrace Rd compare to others on Terrace Rd?
We track 4 other properties on Terrace Rd. Browse the list under "Other properties on Terrace Rd" to compare beds, baths, and sale history.
What are the property facts for 275 Terrace Rd?
275 Terrace Rd is a 5,508 sqft, 60,113 sqft lot single_family.
Is 275 Terrace Rd a flip candidate?
No — 275 Terrace Rd does not appear in our flips dataset.
Is 275 Terrace Rd a tax-appeal candidate?
No — 275 Terrace Rd 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
+0.2%
Implied 1-yr
+0.8%
2026 Q1
$1.64M
2026 Q2
$1.64M
ZIP 07417 — Median Price History + Forecast

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