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509 Terrace Dr

Vernon, NJ 07422

3 bd 1 ba Built 1996 Lot 17,860 sqft single_family
Most recent sale
$250,000
Oct 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 27, 2022 Sold $250,000 MLS #3800838
Sep 6, 2022 Price changed $249,900 MLS #3800838
Aug 7, 2022 Listed $279,900 MLS #3800838
Mar 11, 1996 Sold $119,900 Public Record
Mar 2, 1995 Sold $27,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $122,400 $199,100 $321,500 $7,539
2024 $122,400 $199,100 $321,500 $6,478
2023 $109,300 $149,100 $258,400 $6,700
2022 $113,400 $124,100 $237,500 $6,695
2021 $104,300 $97,000 $201,300 $6,326
2020 $102,000 $92,000 $194,000 $6,072
2019 $113,300 $108,000 $221,300 $6,236
2018 $113,300 $108,000 $221,300 $5,959
2017 $113,300 $108,000 $221,300 $5,800
2016 $113,300 $108,000 $221,300 $5,791
2015 $113,300 $108,000 $221,300 $5,771
2014 $113,300 $108,000 $221,300 $5,824
2013 $113,300 $108,000 $221,300 $5,817
2012 $113,300 $108,000 $221,300 $5,860
2011 $113,300 $108,000 $221,300 $5,784
2009 $113,300 $108,000 $221,300 $5,326
2008 $66,800 $45,800 $112,600 $4,760
2007 $66,800 $45,800 $112,600 $4,639

Property facts

Year built
1996
Property type
single_family
Stories
Beds
3
Baths
1
Living area
Lot size
17,860 sqft
ZIP code
07422
City
Vernon
Street
Terrace Dr
Coordinates
41.17504, -74.47748

Frequently asked questions

When did 509 Terrace Dr last sell?
509 Terrace Dr most recently sold on Oct 27, 2022 for $250,000.
What is the current tax assessment for 509 Terrace Dr?
The most recent total assessment for 509 Terrace Dr (year 2025) is $321,500 with $7,539 in property tax.
How does 509 Terrace Dr's assessment compare to its last sale price?
The current assessment is 28.6% above the last sale price of $250,000.
When was 509 Terrace Dr built?
509 Terrace Dr was built in 1996.
How does 509 Terrace Dr compare to others on Terrace Dr?
We track 5 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 509 Terrace Dr?
509 Terrace Dr is a 3 bed, 1 bath, 17,860 sqft lot single_family.
Is 509 Terrace Dr a flip candidate?
No — 509 Terrace Dr does not appear in our flips dataset.
Is 509 Terrace Dr a tax-appeal candidate?
Yes — 509 Terrace Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$406.9K
2026 Q4
$415.1K
ZIP 07422 — Median Price History + Forecast

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