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56 Elm Ter

Raritan, NJ 08822

2 bd 3 ba Built 1987 Lot 3,920 sqft townhomes
Most recent sale
$454,500
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 23, 2025 Sold $540,000 Public Record
Jun 28, 2025 Listed $489,000 GardenState
Jun 23, 2022 Sold $454,500 MLS #3776080
Apr 19, 2022 Listed $379,000 MLS #3776080
Apr 30, 2020 Sold $346,000 MLS #3620550
Dec 23, 2005 Sold $331,000 Public Record
Jul 22, 1988 Sold $167,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $194,100 $110,000 $304,100 $8,532
2024 $171,700 $110,000 $281,700 $8,160
2023 $171,700 $110,000 $281,700 $7,673
2022 $171,700 $110,000 $281,700 $7,479
2021 $163,300 $110,000 $273,300 $7,169
2020 $163,300 $110,000 $273,300 $7,026
2019 $163,300 $110,000 $273,300 $6,884
2018 $163,300 $110,000 $273,300 $6,799
2017 $163,300 $110,000 $273,300 $6,695
2016 $163,300 $110,000 $273,300 $6,575
2015 $163,300 $110,000 $273,300 $6,408
2014 $163,300 $110,000 $273,300 $6,324
2013 $163,300 $110,000 $273,300 $6,315
2012 $163,300 $110,000 $273,300 $6,250
2011 $163,300 $110,000 $273,300 $6,192
2010 $163,300 $110,000 $273,300 $6,188
2009 $164,200 $115,000 $279,200 $6,053
2008 $172,900 $130,000 $302,900 $6,018
2007 $172,900 $130,000 $302,900 $5,936

Property facts

Year built
1987
Property type
townhomes
Stories
Beds
2
Baths
3
Living area
Lot size
3,920 sqft
ZIP code
08822
City
Raritan
Street
Elm Ter
Coordinates
40.49149, -74.83337

Frequently asked questions

When did 56 Elm Ter last sell?
56 Elm Ter most recently sold on Jun 23, 2022 for $454,500.
What is the current tax assessment for 56 Elm Ter?
The most recent total assessment for 56 Elm Ter (year 2025) is $304,100 with $8,532 in property tax.
How does 56 Elm Ter's assessment compare to its last sale price?
The current assessment is 33.1% below the last sale price of $454,500.
When was 56 Elm Ter built?
56 Elm Ter was built in 1987.
How does 56 Elm Ter compare to others on Elm Ter?
We track 8 other properties on Elm Ter. Browse the list under "Other properties on Elm Ter" to compare beds, baths, and sale history.
What are the property facts for 56 Elm Ter?
56 Elm Ter is a 2 bed, 3 bath, 3,920 sqft lot townhomes.
Is 56 Elm Ter a flip candidate?
No — 56 Elm Ter does not appear in our flips dataset.
Is 56 Elm Ter a tax-appeal candidate?
No — 56 Elm Ter 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
-0.1%
Implied 1-yr
-0.2%
2026 Q3
$545.5K
2026 Q4
$545.2K
ZIP 08822 — Median Price History + Forecast

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