When was 253 Terrace Lake Dr, Butler Boro, NJ last sold?

The most recent recorded sale was in 2022 for $375,000.

What is the assessed value of 253 Terrace Lake Dr, Butler Boro, NJ?

The total municipal assessment is $363,700 (land plus improvements).

What is 253 Terrace Lake Dr, Butler Boro, NJ worth?

Our model estimates a market value of $461,814, derived from comparable recorded sales nearby.

How many units does 253 Terrace Lake Dr, Butler Boro, NJ have?

Records show 1 dwelling unit at 253 Terrace Lake Dr, Butler Boro, NJ.

What kind of property is 253 Terrace Lake Dr, Butler Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2001.

parceldata.nj

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253 Terrace Lake Dr, Butler Boro, NJ — owner, sales, deeds · parceldata

253 Terrace Lake Dr

Butler Boro, NJ 07405·Morris County

1403·block 101.03·lot 10

$461,814estimated value

Last sale

$375,000

7/7/2022 · taxrecords_nj

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

2001

Building size

1,415 sq ft

Lot size

0.12 ac

Land description

0.1192 AC

Building description

3S-AL-O-1U

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$363,700

Land value

$200,000

Improvement value

$163,700

Last year's tax

$8,377

Last MOD-IV sale

$375,000

MOD-IV deed date

6/14/2022

Owner mailing address

253 TERRACE LAKE DR
BUTLER, NJ 07405

Estimated market value

$461,814

range $416,369 – $513,441

high confidence

Assessment-implied: $418,046; Director's Ratio 0.8700 (2025)
Comp-implied: $442,888; 30 comparable sales

Estimated value, last 11 years

2016: $260,667 → 2026: $461,814

dots are actual sale prices for this property

Bordering

200-ft notice list →

Terrace Ave
Lot 5
249 Terrace Lake Dr
Lot 8·$436,900
251 Terrace Lake Dr
Lot 9·$365,000

Block 101.03All of Block 101.03 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "253 TER LAKE DR BUTLER NJ 07405"
    ],
    "zipKeys": [
      "253 TER LAKE DR 07405"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1403_101.03_10",
  "county_code": "14",
  "district_code": "03",
  "block": "101.03",
  "lot": "10",
  "qualifier": "",
  "property_location": "253 TERRACE LAKE DR",
  "property_class": "2",
  "bldg_class": "37",
  "bldg_desc": "3S-AL-O-1U",
  "land_desc": "0.1192 AC",
  "year_built": 2001,
  "living_sqft": 1415,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "20000000",
  "improvement_value_cents": "16370000",
  "net_value_cents": "36370000",
  "last_yr_tx_cents": "837744",
  "deed_date": "2022-06-14",
  "deed_book": "24446",
  "deed_page": "1056",
  "sale_price_cents": "37500000",
  "sales_code": null,
  "owner_mailing_street": "253 TERRACE LAKE DR",
  "owner_mailing_city_state_zip": "BUTLER, NJ  07405",
  "mun_name": "BUTLER BORO",
  "calc_acre": "0.119000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.35971754617651,
  "centroid_lat": 41.010691131900444
}

SR1A

[
  {
    "id": "04bb2212-855a-41b0-bc9d-e0c9166db4b8",
    "property_id": "c7327a4f-0b56-4fdb-9025-56c7eb4a7d8f",
    "county_code": "14",
    "district_code": "03",
    "block": "101.03",
    "lot": "10",
    "qualifier": "",
    "deed_book": "24446",
    "deed_page": "1056",
    "deed_date": "2022-06-14",
    "date_recorded": "2022-07-07",
    "sale_price_cents": "37500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "bb89b2f2-a126-47e4-ac92-b2fe3d908e5a",
    "property_id": "c7327a4f-0b56-4fdb-9025-56c7eb4a7d8f",
    "county_code": "14",
    "district_code": "03",
    "block": "101.03",
    "lot": "10",
    "qualifier": "",
    "deed_book": "24446",
    "deed_page": "1056",
    "deed_date": "2022-06-14",
    "date_recorded": "2022-06-14",
    "sale_price_cents": "37500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "fa55c39b-63fd-4edc-aa0c-29b6338d5ddb",
    "property_id": "c7327a4f-0b56-4fdb-9025-56c7eb4a7d8f",
    "county_code": "14",
    "district_code": "03",
    "block": "101.03",
    "lot": "10",
    "qualifier": "",
    "deed_book": "22571",
    "deed_page": "1860",
    "deed_date": "2014-07-15",
    "date_recorded": "2014-08-05",
    "sale_price_cents": "32600000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "b807385f-13c2-4c3c-94cb-8eb10f768554",
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    "lot": "10",
    "qualifier": "",
    "deed_book": "22571",
    "deed_page": "1860",
    "deed_date": "2014-07-15",
    "date_recorded": "2014-07-15",
    "sale_price_cents": "32600000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "6875ca2a-2359-48e7-8f5e-7bcc01df33d6",
    "property_id": "c7327a4f-0b56-4fdb-9025-56c7eb4a7d8f",
    "county_code": "14",
    "district_code": "03",
    "block": "101.03",
    "lot": "10",
    "qualifier": "",
    "deed_book": "22390",
    "deed_page": "1389",
    "deed_date": "2013-07-26",
    "date_recorded": "2013-08-06",
    "sale_price_cents": "30000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "87f32f2c-b7d8-4369-8a6f-b368cf68eef2",
    "property_id": "c7327a4f-0b56-4fdb-9025-56c7eb4a7d8f",
    "county_code": "14",
    "district_code": "03",
    "block": "101.03",
    "lot": "10",
    "qualifier": "",
    "deed_book": "22390",
    "deed_page": "1389",
    "deed_date": "2013-07-26",
    "date_recorded": "2013-07-26",
    "sale_price_cents": "30000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d2e2df4d-81fc-4cd2-ad41-ffe0fd8a0515",
    "property_id": "c7327a4f-0b56-4fdb-9025-56c7eb4a7d8f",
    "county_code": "14",
    "district_code": "03",
    "block": "101.03",
    "lot": "10",
    "qualifier": "",
    "deed_book": "21080",
    "deed_page": "123",
    "deed_date": "2008-05-01",
    "date_recorded": "2008-05-12",
    "sale_price_cents": "33500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "6d489489-bcaa-4a50-a981-5835d637464e",
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    "lot": "10",
    "qualifier": "",
    "deed_book": "21080",
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    "deed_date": "2008-05-01",
    "date_recorded": "2008-05-01",
    "sale_price_cents": "33500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "6797ff3d-90e5-4242-afa7-7e71d236b7e8",
    "property_id": "c7327a4f-0b56-4fdb-9025-56c7eb4a7d8f",
    "county_code": "14",
    "district_code": "03",
    "block": "101.03",
    "lot": "10",
    "qualifier": "",
    "deed_book": "5697",
    "deed_page": "176",
    "deed_date": "2002-09-06",
    "date_recorded": "2002-09-11",
    "sale_price_cents": "23853400",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "53eca67b-b046-4b26-ad7a-d7da25fa9f4f",
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    "deed_date": "2002-09-06",
    "date_recorded": "2002-09-11",
    "sale_price_cents": "27800000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "8f93530d-7cbe-4429-a60b-716b8cd6aeb3",
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    "deed_date": "2002-09-06",
    "date_recorded": "2002-09-06",
    "sale_price_cents": "27800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 253 Terrace Lake Dr, Butler Boro, NJ last sold?: The most recent recorded sale was in 2022 for $375,000.
What is the assessed value of 253 Terrace Lake Dr, Butler Boro, NJ?: The total municipal assessment is $363,700 (land plus improvements).
What is 253 Terrace Lake Dr, Butler Boro, NJ worth?: Our model estimates a market value of $461,814, derived from comparable recorded sales nearby.
How many units does 253 Terrace Lake Dr, Butler Boro, NJ have?: Records show 1 dwelling unit at 253 Terrace Lake Dr, Butler Boro, NJ.
What kind of property is 253 Terrace Lake Dr, Butler Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 2001.

Based on 30 comparable sales

Address	Sold	Price
158 Barrister Dr	2/11/2026	$441,000
104 Barrister Dr	2/3/2026	$400,000
402 Cambridge Dr	1/29/2026	$395,000
110 Barrister Dr	1/7/2026	$428,000
265 Winthrop Dr	12/30/2025	$454,500
474 Cambridge Dr	12/3/2025	$417,500
378 Cambridge Dr	10/7/2025	$414,900
372 Cambridge Dr	9/26/2025	$429,000
11 Hillside Ave	9/24/2025	$499,800
334 Cambridge Dr	9/19/2025	$420,000
349 Cambridge Dr	9/16/2025	$485,000
434 Cambridge Dr	9/12/2025	$440,000
273 Winthrop Dr	8/8/2025	$440,000
49 Hamburg Tpke	8/4/2025	$410,000
121 Barrister Dr	7/2/2025	$390,000
478 Cambridge Dr	5/14/2025	$470,000
404 Cambridge Dr	1/23/2025	$470,000
144 Barrister Dr	1/6/2025	$395,000
140 Barrister Dr	11/20/2024	$425,000
420 Cambridge Dr	11/18/2024	$421,000
137 Barrister Dr	10/22/2024	$410,000
136 Barrister Dr	10/9/2024	$380,000
490 Cambridge Dr	10/1/2024	$430,000
125 Barrister Dr	8/13/2024	$358,000
314 Cambridge Dr	8/7/2024	$406,250
59 Hamburg Tpke	3/11/2024	$357,000
257 Winthrop Dr	12/13/2023	$380,000
263 Winthrop Dr	10/12/2023	$360,000
414 Cambridge Dr	10/3/2023	$379,900
110 Barrister Dr	9/25/2023	$379,900

Sales history

7/7/2022$375,000
taxrecords_njBk 24446 / Pg 1056
6/14/2022$375,000
MOD-IV (Rutgers)Bk 24446 / Pg 1056
8/5/2014$326,000
taxrecords_njBk 22571 / Pg 1860
7/15/2014$326,000
MOD-IV (Rutgers)Bk 22571 / Pg 1860
8/6/2013$300,000
taxrecords_njBk 22390 / Pg 1389
7/26/2013$300,000
MOD-IV (Rutgers)Bk 22390 / Pg 1389
5/12/2008$335,000
taxrecords_njBk 21080 / Pg 123
5/1/2008$335,000
MOD-IV (Rutgers)Bk 21080 / Pg 123
9/11/2002$238,534
taxrecords_njBk 5697 / Pg 176
9/11/2002$278,000
taxrecords_njBk 5697 / Pg 214
9/6/2002$278,000
MOD-IV (Rutgers)Bk 5697 / Pg 214

Date	Price	Book / Page	Source
7/7/2022	$375,000	24446 / 1056	taxrecords_nj
6/14/2022	$375,000	24446 / 1056	MOD-IV (Rutgers)
8/5/2014	$326,000	22571 / 1860	taxrecords_nj
7/15/2014	$326,000	22571 / 1860	MOD-IV (Rutgers)
8/6/2013	$300,000	22390 / 1389	taxrecords_nj
7/26/2013	$300,000	22390 / 1389	MOD-IV (Rutgers)
5/12/2008	$335,000	21080 / 123	taxrecords_nj
5/1/2008	$335,000	21080 / 123	MOD-IV (Rutgers)
9/11/2002	$238,534	5697 / 176	taxrecords_nj