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304 Terrace Ave

Somerdale, NJ 08083

3 bd 1,488 sqft Built 1980 Lot 8,002 sqft single_family
Most recent sale
$290,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $290,000 Public Record
Apr 8, 2022 Sold $289,000 MLS #NJCD2008542
Feb 28, 2022 Price changed $289,000 MLS #NJCD2008542
Nov 30, 2021 Listed $259,000 MLS #NJCD2008542
May 11, 2021 Sold $110,000 MLS #NJCD411808
Jan 22, 2021 Price changed $145,000 MLS #NJCD411808
Jan 20, 2021 Listed $160,000 MLS #NJCD411808
Dec 22, 2020 Price changed $144,900 MLS #NJCD405230
Oct 15, 2020 Listed $149,900 MLS #NJCD405230
Aug 17, 2020 Listed $155,000 MLS #NJCD400540
Oct 15, 2001 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $91,200 $43,400 $134,600 $6,458
2024 $91,200 $43,400 $134,600 $6,273
2023 $91,200 $43,400 $134,600 $6,004
2022 $78,000 $43,400 $121,400 $5,184
2021 $78,000 $43,400 $121,400 $5,328
2020 $78,000 $43,400 $121,400 $5,196
2019 $78,000 $43,400 $121,400 $5,101
2018 $78,000 $43,400 $121,400 $5,226
2017 $78,000 $43,400 $121,400 $5,170
2016 $78,000 $43,400 $121,400 $5,027
2015 $78,000 $43,400 $121,400 $4,956
2014 $78,000 $43,400 $121,400 $4,749
2013 $87,300 $53,000 $140,300 $4,737
2012 $87,300 $53,000 $140,300 $4,655
2011 $87,300 $53,000 $140,300 $4,593
2010 $87,300 $53,000 $140,300 $4,505
2009 $87,300 $53,000 $140,300 $4,309
2008 $58,300 $20,200 $78,500 $4,307
2007 $58,300 $20,200 $78,500 $4,275

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
Living area
1,488 sqft
Lot size
8,002 sqft
ZIP code
08083
City
Somerdale
Street
Terrace Ave
Coordinates
39.83768, -75.02803

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,232
Gross rental yield
9.24%
Implied cap rate
6.00%
Trend-extrapolated value

Frequently asked questions

When did 304 Terrace Ave last sell?
304 Terrace Ave most recently sold on Jun 24, 2022 for $290,000.
What is the current tax assessment for 304 Terrace Ave?
The most recent total assessment for 304 Terrace Ave (year 2025) is $134,600 with $6,458 in property tax.
How does 304 Terrace Ave's assessment compare to its last sale price?
The current assessment is 53.6% below the last sale price of $290,000.
When was 304 Terrace Ave built?
304 Terrace Ave was built in 1980.
How does 304 Terrace Ave compare to others on Terrace Ave?
We track 2 other properties on Terrace Ave. Browse the list under "Other properties on Terrace Ave" to compare beds, baths, and sale history.
What are the property facts for 304 Terrace Ave?
304 Terrace Ave is a 3 bed, 1,488 sqft, 8,002 sqft lot single_family.
Is 304 Terrace Ave a flip candidate?
Yes — 304 Terrace Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 304 Terrace Ave a tax-appeal candidate?
No — 304 Terrace Ave 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
-1.8%
Implied 1-yr
-7.3%
2026 Q3
$287.8K
2026 Q4
$281.9K
ZIP 08083 — Median Price History + Forecast

Explore nearby

Other properties on Terrace Ave