237 Terrace Lake Dr, Butler, NJ 07405-3253

Off market dec 2021 for $350K

$500,912

Est. refi paymentEst. refi $2,029/mo

•

2 ba

•

—

sq ft

237 Terrace Lake Dr, Butler, NJ 07405-3253

About this home

Single-familyProperty Type

5,227 sq ftLot Size

Listed by KIM ENGLISHMAN • COLDWELL BANKER REALTY

Contact: 973-838-9300

Bought with JIMMY SYROS • COMPASS NEW JERSEY LLC

Redfin checked: 3 minutes ago

•Source:GSMLS #3747380

Redfin Estimate

$500,912

$151K since sold in December 2021$18K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.6% higher than the average sale price ($449K) of 5 comparable homes.

SOLD AUG 28, 2026
$395,000
A
2 beds2 baths— sq ft
454 Cambridge Dr, Butler, NJ 07405
Keller Williams Prosperity Realty
SOLD JUN 30, 2026
322 Cambridge Dr, Butler, NJ 07405-3235
$445,000
B
2 beds2 baths— sq ft
322 Cambridge Dr, Butler, NJ 07405-3235
SOLD JUL 23, 2026
144 Barrister Dr #144, Butler, NJ 07405-3245
$445,000
C
2 beds2 baths— sq ft
144 Barrister Dr #144, Butler, NJ 07405-3245
SOLD MAY 26, 2026
458 Cambridge Dr, Butler, NJ 07405-3242
$439,000
D
2 beds2 baths— sq ft
458 Cambridge Dr, Butler, NJ 07405-3242
SOLD SEP 30, 2026
$520,000
E
2 beds2.5 baths— sq ft
311 Cambridge Dr, Butler, NJ 07405
Terrie O'Connor Realtors-Kinnelon

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Earn from this home

Sell

$216,075

Est. take-home

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Refinance

Est. cash available

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Rent

$2,992/mo

Redfin rental estimate

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Market trends in 07405, NJ

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

102.3%

+0.3% MoM

Median sale price

$630K

$10K MoM

Avg. days on market

29d

4 days MoM

Recently sold homes

8 MoM

New listings for sale

NEW 1 HR AGO
$695,000
5 beds2.5 baths— sq ft
64 Valley Rd, Butler, NJ 07405-1721
NEW 8 HRS AGO
$825,000
4 beds3.5 baths— sq ft
80 Brook Valley Rd, Kinnelon, NJ 07405-3320
OPEN SAT, 1PM TO 4PM
$649,000
3 beds2.5 baths1,936 sq ft
20 Notchwood Rd, Butler, NJ 07405-1930
OPEN SUN, 1PM TO 3PM
$485,000
2 beds2.5 baths— sq ft
704 River Pl, Butler, NJ 07405
Century 21 Preferred Realty, Kinnelon, (973) 838-3600
$649,000
3 beds3 baths— sq ft
149 Hamburg Tpke, Butler, NJ 07405-1540
COMING SOON
$445,000
2 beds2 baths— sq ft
318 Cambridge Dr, Butler, NJ 07405-3235
$699,000
4 beds2.5 baths2,434 sq ft
129 Kiel Ave, Butler, NJ 07405-1632
OPEN SUN, 1PM TO 4PM
$1,279,000
3 beds3 baths— sq ft
41 Cabot Ln, Kinnelon, NJ 07405-3306
3D WALKTHROUGH
$439,900
4 beds1 bath— sq ft
53 Arch St, Butler, NJ 07405-1032
3D WALKTHROUGH
$689,000
3 beds2.5 baths1,804 sq ft
30 Center St, Butler, NJ 07405-1331
See all

Provided by Redfin

Sale history for 237 Terrace Lake Dr

Date

Event

Price

NJMLS #21041970

Dec 14, 2021

Sold

$350,000

Nov 9, 2021

Contingent

—

Oct 19, 2021

Listed

$354,900

Move right in to this immaculate end unit with an open floor plan and beautiful lake views! The living room has cathedral ceilings and looks up to a loft area that would make a perfect work from home office space. The kitchen has granite counters and stainless appliances with a separate dining area. This 2 bedroom unit features a master suite with full bath and walk in closet, lots of additional closet and storage space, a deck that overlooks the lake, hardwood floors, and a 1 car garage. Close to schools, public transportation, major highways, and shopping.

GSMLS #3747380

Dec 14, 2021

Sold

$350,000

Nov 9, 2021

Delisted

—

Oct 19, 2021

Listed

$354,900

Public Records

Aug 5, 2011

Sold

$330,000

Public Records

Jan 11, 2007

Sold

$369,950

Year

Property tax

Land + Additions

Assessment*

2026

$9,125 (+1.3%)

$215,000 + $166,000

$381,000

2025

$9,009 (+9.0%)

$215,000 + $166,000

$381,000

2024

$8,263 (−0.3%)

$200,000 + $158,800

$358,800

2023

$8,286 (+11.2%)

$182,500 + $148,400

$330,900

2022

$7,449 (−12.8%)

$175,000 + $137,200

$312,200

2021

$8,538 (+2.6%)

$162,500 + $106,700

$269,200

2020

$8,320 (+2.2%)

$135,000 + $87,700

$222,700

2019

$8,137 (+1.3%)

$135,000 + $87,700

$222,700

2018

$8,033 (+2.6%)

$135,000 + $87,700

$222,700

2017

$7,828 (+2.7%)

$135,000 + $87,700

$222,700

2016

$7,625 (+4.9%)

$135,000 + $87,700

$222,700

2014

$7,271 (+2.3%)

$135,000 + $87,700

$222,700

2013

$7,106 (+2.8%)

$135,000 + $87,700

$222,700

2012

$6,910 (+2.5%)

$135,000 + $87,700

$222,700

2011

$6,743 (−3.3%)

$135,000 + $87,700

$222,700

2010

$6,972 (+4.7%)

$135,000 + $87,700

$222,700

2009

$6,660

$140,000 + $102,000

$242,000

Tax history for 237 Terrace Lake Dr

Year

Property tax

Land + Additions

Assessment*

2026

$9,125 (+1.3%)

$215,000 + $166,000

$381,000

2025

$9,009 (+9.0%)

$215,000 + $166,000

$381,000

2024

$8,263 (−0.3%)

$200,000 + $158,800

$358,800

2023

$8,286 (+11.2%)

$182,500 + $148,400

$330,900

2022

$7,449 (−12.8%)

$175,000 + $137,200

$312,200

2021

$8,538 (+2.6%)

$162,500 + $106,700

$269,200

2020

$8,320 (+2.2%)

$135,000 + $87,700

$222,700

2019

$8,137 (+1.3%)

$135,000 + $87,700

$222,700

2018

$8,033 (+2.6%)

$135,000 + $87,700

$222,700

2017

$7,828 (+2.7%)

$135,000 + $87,700

$222,700

2016

$7,625 (+4.9%)

$135,000 + $87,700

$222,700

2014

$7,271 (+2.3%)

$135,000 + $87,700

$222,700

2013

$7,106 (+2.8%)

$135,000 + $87,700

$222,700

2012

$6,910 (+2.5%)

$135,000 + $87,700

$222,700

2011

$6,743 (−3.3%)

$135,000 + $87,700

$222,700

2010

$6,972 (+4.7%)

$135,000 + $87,700

$222,700

2009

$6,660

$140,000 + $102,000

$242,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

5,192 Sq. Ft.

Year renovated

—

Sq. Ft.

1,415

Year built

2001

Style

Single Family Residential

County

Morris County

APN

0300101 0300002

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 8, 2026.

Property details

Around this home

Schools

K - 12
Preschool & daycare

Aaron Decker Elementary School

Public PreK-4 • Assigned • 0.3mi

7/10

Richard Butler Elementary School

Public 5-8 • Assigned • 1.6mi

7/10

Butler High School

Public 9-12 • Assigned • 1.4mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

4/10 Wind Factor

22% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Butler, NJ • 07405-3253

Average low and high temperatures (°F)

32°

19°

36°

21°

53°

33°

62°

41°

69°

51°

79°

61°

84°

66°

80°

59°

76°

56°

63°

45°

52°

36°

37°

24°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 4 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$476,000 – $577,000

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New listings for sale in 07405-1721

NEW 1 HR AGO

$695,000

5 beds2.5 baths— sq ft

64 Valley Rd, Butler, NJ 07405-1721

Open-concept living • Stylish kitchen • Private bath

NEW 8 HRS AGO

$825,000

4 beds3.5 baths— sq ft

80 Brook Valley Rd, Kinnelon, NJ 07405-3320

Granite countertops • New deck • Finished basement

OPEN SAT, 1PM TO 4PM

$649,000

3 beds2.5 baths1,936 sq ft

20 Notchwood Rd, Butler, NJ 07405-1930

Butler bi-level • Natural gas • Public sewer

OPEN SUN, 1PM TO 3PM

$485,000

2 beds2.5 baths— sq ft

704 River Pl, Butler, NJ 07405

Granite countertops • Breakfast bar • Stainless appliances

Century 21 Preferred Realty, Kinnelon, (973) 838-3600

$649,000

3 beds3 baths— sq ft

149 Hamburg Tpke, Butler, NJ 07405-1540

Custom bi-level home • Custom fireplace • Large center island

COMING SOON

$445,000

2 beds2 baths— sq ft

318 Cambridge Dr, Butler, NJ 07405-3235

End-unit condo • Gated community • Clubhouse

$699,000

4 beds2.5 baths2,434 sq ft

129 Kiel Ave, Butler, NJ 07405-1632

0.38 acre lot • 6 parking spots • Built 1934

OPEN SUN, 1PM TO 4PM

$1,279,000

3 beds3 baths— sq ft

41 Cabot Ln, Kinnelon, NJ 07405-3306

Lakefront living • Reconstructed home • Wraparound trex deck

3D WALKTHROUGH

$439,900

4 beds1 bath— sq ft

53 Arch St, Butler, NJ 07405-1032

Inviting living room • Eat-in kitchen • Granite countertops

Home values near 237 Terrace Lake Dr

Data from public records.

Address	Redfin Estimate
225 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1944 Sq. Ft.	$583,980
235 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1691 Sq. Ft.	$497,527
223 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1944 Sq. Ft.	$557,854
230 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1944 Sq. Ft.	$561,770
249 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1944 Sq. Ft.	$585,356
247 Terrace Lake Drive, Butler, NJ 2 Beds \| 2.5 Baths \| - Sq. Ft.	$602,265
225 Terrace Lake Drive #225, Butler, NJ 2 Beds \| 2.5 Baths \| - Sq. Ft.	$555,771

Address	Redfin Estimate
231 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1691 Sq. Ft.	$486,343
233 Terrace Lake Drive, Butler, NJ 2 Beds \| 2 Baths \| - Sq. Ft.	$476,001
232 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1944 Sq. Ft.	$517,250
253 Terrace Lake Drive, Butler, NJ 2 Beds \| 2 Baths \| - Sq. Ft.	$499,085
251 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1691 Sq. Ft.	$489,503
241 Terrace Lake Drive, Butler, NJ 2 Beds \| 2.5 Baths \| - Sq. Ft.	$583,347
235 Terrace Lake Drive #235, Butler, NJ 2 Beds \| 2.5 Baths \| - Sq. Ft.	$519,851

Address	Redfin Estimate
229 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1944 Sq. Ft.	$507,609
239 Terrace Lake Drive, Butler, NJ 2 Beds \| 2.5 Baths \| - Sq. Ft.	$552,361
228 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1415 Sq. Ft.	$450,544
226 Terrace Lake Drive, Butler, NJ 2 Beds \| 2.5 Baths \| - Sq. Ft.	$532,364
245 Terrace Lake Drive, Butler, NJ - Beds \| - Baths \| 1944 Sq. Ft.	$568,099
243 Terrace Lake Drive, Butler, NJ 2 Beds \| 2.5 Baths \| - Sq. Ft.	$598,604
229 Terrace Lake Drive #229, Butler, NJ 2 Beds \| 2.5 Baths \| - Sq. Ft.	$556,248

Property information provided by GSMLS when last listed in 2021. This data may not match . Learn more.

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237 Terrace Lake Dr, Butler, NJ 07405-3253

About this home

Redfin Estimate

Earn from this home

Market trends in 07405, NJ

Sale history for 237 Terrace Lake Dr

Tax history for 237 Terrace Lake Dr

Public record

Property details

Exterior

Public facts

Other

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 07405-1721

Home values near 237 Terrace Lake Dr

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