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54 Terrace Ave, Butler Boro, NJ — owner, sales, deeds · parceldata

54 Terrace Ave

Butler Boro, NJ 07405·Morris County

1403·block 110·lot 42

$447,154estimated value

Last sale

$345,000

1/18/2022 · SR1A 2022

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1953

Building size

1,200 sq ft

Lot size

0.21 ac

Land description

0.1881 AC

Building description

1S-F-R-1U

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$364,500

Land value

$217,100

Improvement value

$147,400

Last year's tax

$8,425

Last MOD-IV sale

$345,000

MOD-IV deed date

11/23/2021

Owner mailing address

54 TERRACE AVE
BUTLER, NJ 07405

Estimated market value

$447,154

range $387,966 – $540,151

high confidence

Assessment-implied: $418,966; Director's Ratio 0.8700 (2025)
Comp-implied: $464,759; 30 comparable sales

Based on 30 comparable sales

Address	Sold	Price
19 Ogden Ter	4/8/2026	$575,000
86 Reservoir Ave	3/20/2026	$531,500
2 Cook St	3/16/2026	$555,000
77 Reservoir Ave	2/24/2026	$575,000

Bordering

200-ft notice list →

10 Decker Ave
Lot 38·$277,000
70 Terrace Ave
Lot 66·$327,700

Block 110All of Block 110 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1403_110_42",
  "county_code": "14",
  "district_code": "03",
  "block": "110",
  "lot": "42",
  "qualifier": "",
  "property_location": "54 TERRACE AVE",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1S-F-R-1U",
  "land_desc": "0.1881 AC",
  "year_built": 1953,
  "living_sqft": 1200,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "21710000",
  "improvement_value_cents": "14740000",
  "net_value_cents": "36450000",
  "last_yr_tx_cents": "842488",
  "deed_date": "2021-11-23",
  "deed_book": "24321",
  "deed_page": "1225",
  "sale_price_cents": "34500000",
  "sales_code": null,
  "owner_mailing_street": "54 TERRACE AVE",
  "owner_mailing_city_state_zip": "BUTLER, NJ  07405",
  "mun_name": "BUTLER BORO",
  "calc_acre": "0.212000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.35571337482706,
  "centroid_lat": 41.010426500399305
}

SR1A

[
  {
    "id": "a16bd364-a44e-4c3a-a5ad-30efa95aaf47",
    "property_id": null,
    "county_code": "14",
    "district_code": "03",
    "block": "110",
    "lot": "42",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-11-23",
    "date_recorded": "2022-01-18",
    "sale_price_cents": "34500000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
    "id": "32c68cdb-9118-44ff-ba48-ad881d5e0dda",
    "property_id": "175c253a-8f45-4b8a-b269-4fb80c67e976",
    "county_code": "14",
    "district_code": "03",
    "block": "110",
    "lot": "42",
    "qualifier": "",
    "deed_book": "24321",
    "deed_page": "1225",
    "deed_date": "2021-11-23",
    "date_recorded": "2022-01-18",
    "sale_price_cents": "34500000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "deed_date": "2021-11-23",
    "date_recorded": "2021-11-23",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "county_code": "14",
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    "qualifier": "",
    "deed_book": "23030",
    "deed_page": "1892",
    "deed_date": "2016-11-14",
    "date_recorded": "2016-11-22",
    "sale_price_cents": "13079500",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "sale_price_cents": "13079500",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "deed_book": "22769",
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    "deed_date": "2015-07-08",
    "date_recorded": "2015-08-24",
    "sale_price_cents": "10000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "2ba8024b-2d3d-49f4-a166-46180760b00a",
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    "deed_book": "22769",
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    "deed_date": "2015-07-08",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "9b4483b5-dbcf-4d49-8b4d-71f82d5c1ddf",
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    "qualifier": "",
    "deed_book": "21123",
    "deed_page": "1818",
    "deed_date": "2008-06-19",
    "date_recorded": "2008-07-17",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "fe8600a7-b9e8-4593-983e-c01269da76db",
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  },
  {
    "id": "db0a2a88-2418-47fe-b8f7-9d4bb099c115",
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  {
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  {
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    "deed_book": "6083",
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    "sr1a_year": null,
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  },
  {
    "id": "00e3d14f-2c1f-4a9f-96d4-4cfd985b17a8",
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  },
  {
    "id": "3adcde03-d40d-4684-80b8-cfcb41e809e9",
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    "county_code": "14",
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    "deed_book": "5681",
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    "deed_date": "2002-08-08",
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    "sale_price_cents": "19345000",
    "sr1a_year": null,
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  },
  {
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  {
    "id": "15137d7f-80b2-420e-abc2-eacb969d0edb",
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    "deed_book": "5619",
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  }
]

API record·permalink

Sales history

1/18/2022$345,000
SR1A 2022
1/18/2022$345,000
taxrecords_njBk 24321 / Pg 1225
11/23/2021$345,000
MOD-IV (Rutgers)Bk 24321 / Pg 1225
11/22/2016$130,795
taxrecords_njBk 23030 / Pg 1892
11/14/2016$130,795
MOD-IV (Rutgers)Bk 23030 / Pg 1892
8/24/2015$100
taxrecords_njBk 22769 / Pg 937
7/8/2015$100
MOD-IV (Rutgers)Bk 22769 / Pg 937
7/17/2008$1
taxrecords_njBk 21123 / Pg 1818
6/19/2008$1
MOD-IV (Rutgers)Bk 21123 / Pg 1818
6/15/2006$1
taxrecords_njBk 20538 / Pg 161
6/5/2006$1
MOD-IV (Rutgers)Bk 20538 / Pg 161
6/4/2004$240,000
taxrecords_njBk 6083 / Pg 25
5/17/2004$240,000
MOD-IV (Rutgers)Bk 6083 / Pg 25
8/14/2002$193,450
taxrecords_njBk 5681 / Pg 141
8/8/2002$193,450
MOD-IV (Rutgers)Bk 5681 / Pg 141
5/16/2002$196,500
taxrecords_njBk 5619 / Pg 171

Date	Price	Book / Page	Source
1/18/2022	$345,000	—	SR1A 2022
1/18/2022	$345,000	24321 / 1225	taxrecords_nj
11/23/2021	$345,000	24321 / 1225	MOD-IV (Rutgers)
11/22/2016	$130,795	23030 / 1892	taxrecords_nj
11/14/2016	$130,795	23030 / 1892	MOD-IV (Rutgers)
8/24/2015	$100	22769 / 937	taxrecords_nj
7/8/2015	$100	22769 / 937	MOD-IV (Rutgers)
7/17/2008	$1	21123 / 1818	taxrecords_nj
6/19/2008	$1	21123 / 1818	MOD-IV (Rutgers)

Property

Tax & Assessment

Estimated market value

Bordering

Sales history

Deeds