Off market oct 2019 for $298K

$471,225

Est. refi paymentEst. refi $2,098/mo

•

1 ba

•

—

sq ft

48 TERRACE Ave, Butler, NJ 07405-1549

About this home

Single-familyProperty Type

4,791 sq ftLot Size

Listed by MATTHEW HUDA • HOWARD HANNA RAND REALTY

Contact: 973-694-6500

Bought with MATTHEW HUDA • HOWARD HANNA RAND REALTY

Redfin checked: a minute ago

•Source:GSMLS #3606841

Redfin Estimate

$471,225

$173K since sold in October 2019$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.6% higher than the average sale price ($419K) of 6 comparable homes.

SOLD JUL 23, 2026
144 Barrister Dr #144, Butler, NJ 07405-3245
$445,000
A
2 beds2 baths— sq ft
144 Barrister Dr #144, Butler, NJ 07405-3245
SOLD AUG 28, 2026
$395,000
B
2 beds2 baths— sq ft
454 Cambridge Dr, Butler, NJ 07405
Keller Williams Prosperity Realty
SOLD AUG 17, 2026
$380,000
C
3 beds1 bath— sq ft
5 Roy Ave, Bloomingdale, NJ 07403
Terrie O'Connor Realtors-Kinnelon
SOLD JUN 30, 2026
322 Cambridge Dr, Butler, NJ 07405-3235
$445,000
D
2 beds2 baths— sq ft
322 Cambridge Dr, Butler, NJ 07405-3235
SOLD FEB 24, 2026
$320,000
E
2 beds1 bath— sq ft
292 Macopin Rd, Bloomingdale, NJ 07403-1000
SOLD MAY 27, 2026
$527,000
F
3 beds1.5 baths— sq ft
34 Lakeview Ave, Butler, NJ 07405
Prominent Properties Sotheby's International Realty-Ridgewood

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Earn from this home

Sell

$237,092

Est. take-home

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Refinance

Est. cash available

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Rent

$2,077/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

101.9%

1.7% MoM

Median sale price

$640K

$20K MoM

Avg. days on market

25d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

COMING SOON
$445,000
2 beds2 baths— sq ft
318 Cambridge Dr, Butler, NJ 07405-3235
OPEN SUN, 12PM TO 2PM
$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
OPEN TODAY, 10AM TO 12PM
$439,900
4 beds1 bath— sq ft
53 Arch St, Butler, NJ 07405-1032
OPEN TODAY, 1PM TO 3PM
$689,000
3 beds2.5 baths1,804 sq ft
30 Center St, Butler, NJ 07405-1331
OPEN SUN, 12PM TO 2PM
$915,000
3 beds3 baths— sq ft
7 Banta Rd, Kinnelon, NJ 07405-2514
$600,000
4 beds2 baths— sq ft
25 Derrygally Cir, Kinnelon, NJ 07405-3018
$589,000
3 beds1.5 baths— sq ft
1 S Gifford St, Butler, NJ 07405
Prominent Properties Sotheby's International Realty-Tenafly, (201) 568-5668
See all

Provided by Redfin

Sale history for 48 TERRACE Ave

Year

Property tax

Land + Additions

Assessment*

2026

$8,703 (+20.1%)

$260,400 + $103,000

$363,400

2025

$7,249 (+9.7%)

$260,400 + $103,000

$363,400

2024

$6,607 (+2.2%)

$190,400 + $98,300

$288,700

2023

$6,465 (+13.9%)

$172,900 + $91,700

$264,600

2022

$5,675 (+6.8%)

$155,400 + $88,200

$243,600

2021

$5,314 (+2.6%)

$123,000 + $82,100

$205,100

2020

$5,178 (−1.0%)

$86,000 + $52,600

$138,600

2019

$5,229 (+1.3%)

$86,000 + $52,600

$138,600

2018

$5,162 (+2.6%)

$86,000 + $57,100

$143,100

2017

$5,030 (+2.7%)

$86,000 + $57,100

$143,100

2016

$4,899 (+4.9%)

$86,000 + $57,100

$143,100

2014

$4,672 (+2.3%)

$86,000 + $57,100

$143,100

2013

$4,566 (+2.8%)

$86,000 + $57,100

$143,100

2012

$4,440 (+2.5%)

$86,000 + $57,100

$143,100

2011

$4,333 (+5.1%)

$86,000 + $57,100

$143,100

2010

$4,123 (+4.7%)

$86,000 + $57,100

$143,100

2009

$3,938

$86,000 + $57,100

$143,100

Tax history for 48 TERRACE Ave

Year

Property tax

Land + Additions

Assessment*

2026

$8,703 (+20.1%)

$260,400 + $103,000

$363,400

2025

$7,249 (+9.7%)

$260,400 + $103,000

$363,400

2024

$6,607 (+2.2%)

$190,400 + $98,300

$288,700

2023

$6,465 (+13.9%)

$172,900 + $91,700

$264,600

2022

$5,675 (+6.8%)

$155,400 + $88,200

$243,600

2021

$5,314 (+2.6%)

$123,000 + $82,100

$205,100

2020

$5,178 (−1.0%)

$86,000 + $52,600

$138,600

2019

$5,229 (+1.3%)

$86,000 + $52,600

$138,600

2018

$5,162 (+2.6%)

$86,000 + $57,100

$143,100

2017

$5,030 (+2.7%)

$86,000 + $57,100

$143,100

2016

$4,899 (+4.9%)

$86,000 + $57,100

$143,100

2014

$4,672 (+2.3%)

$86,000 + $57,100

$143,100

2013

$4,566 (+2.8%)

$86,000 + $57,100

$143,100

2012

$4,440 (+2.5%)

$86,000 + $57,100

$143,100

2011

$4,333 (+5.1%)

$86,000 + $57,100

$143,100

2010

$4,123 (+4.7%)

$86,000 + $57,100

$143,100

2009

$3,938

$86,000 + $57,100

$143,100

*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

4,613 Sq. Ft.

Year renovated

—

Sq. Ft.

886

Year built

1950

Style

Single Family Residential

County

Morris County

APN

0300306 00050

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 8, 2026.

R-3

Residence District

To provide an area for medium-density single-family detached housing which is compatible with existing development patterns in the zone and the physical capacity of the land to accept development. Optional townhouse use, is also permitted where established standards can be met.

Permitted uses

Include but are not limited to:

Livestock production
Religious facility
Day care facility
Healthcare
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Park & open space

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 • 1.4mi

7/10

Butler High School

Public 9-12 • Assigned • 1.2mi

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

3/10 Fire Factor

0.31% 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 • 07405-1549

Average low and high temperatures (°F)

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

$448,000 – $542,000

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OPEN TODAY, 10AM TO 12PM3D WALKTHROUGH

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New listings for sale in 07405-3235

COMING SOON

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2 beds2 baths— sq ft

318 Cambridge Dr, Butler, NJ 07405-3235

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OPEN TODAY, 10AM TO 12PM3D WALKTHROUGH

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53 Arch St, Butler, NJ 07405-1032

Inviting living room • Eat-in kitchen • Granite countertops

OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH

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3 beds2.5 baths1,804 sq ft

30 Center St, Butler, NJ 07405-1331

Brand new driveway • Double level decks • Huge back yard

OPEN SUN, 12PM TO 2PM

$915,000

3 beds3 baths— sq ft

7 Banta Rd, Kinnelon, NJ 07405-2514

One level living • Updated kitchen • Dramatic family room

$600,000

4 beds2 baths— sq ft

25 Derrygally Cir, Kinnelon, NJ 07405-3018

New septic system • Second kitchenette • Outdoor patio

$589,000

3 beds1.5 baths— sq ft

1 S Gifford St, Butler, NJ 07405

Screened porch • Expansive backyard • 0.25 acre lot

Prominent Properties Sotheby's International Realty-Tenafly, (201) 568-5668

Home values near 48 TERRACE Ave

Data from public records.

Address	Redfin Estimate
54 Terrace Avenue, Butler, NJ 3 Beds \| 2 Baths \| - Sq. Ft.	$528,934
51 Terrace Avenue, Butler, NJ 2 Beds \| 1 Baths \| - Sq. Ft.	$398,487
28 Terrace Avenue, Butler, NJ - Beds \| - Baths \| 824 Sq. Ft.	$484,090
10 Decker Avenue, Butler, NJ 2 Beds \| 1 Baths \| - Sq. Ft.	$435,825
14 Lakeview Avenue, Butler, NJ - Beds \| - Baths \| 1450 Sq. Ft.	$500,976
35 Decker Avenue, Butler, NJ 4 Beds \| 3.5 Baths \| 3104 Sq. Ft.	$848,331
2 Van Houten Avenue, Butler, NJ - Beds \| - Baths \| 1568 Sq. Ft.	$616,772

Address	Redfin Estimate
63 Terrace Avenue, Butler, NJ 2 Beds \| 1 Baths \| - Sq. Ft.	—
57 Terrace Avenue, Butler, NJ 3 Beds \| 1 Baths \| - Sq. Ft.	$416,528
33 Terrace Avenue, Butler, NJ - Beds \| - Baths \| 1305 Sq. Ft.	$535,883
30 Decker Avenue, Butler, NJ 3 Beds \| 1.5 Baths \| - Sq. Ft.	—
18 Lakeview Avenue, Butler, NJ - Beds \| - Baths \| 1300 Sq. Ft.	$514,699
29 Decker Avenue, Butler, NJ 2 Beds \| 1 Baths \| - Sq. Ft.	$512,182
8 Van Houten Avenue, Butler, NJ 3 Beds \| 2 Baths \| - Sq. Ft.	$650,498

Address	Redfin Estimate
42 Terrace Avenue, Butler, NJ 3 Beds \| 1.5 Baths \| - Sq. Ft.	$555,856
47 Terrace Avenue, Butler, NJ - Beds \| - Baths \| 774 Sq. Ft.	$426,524
28 Decker Avenue, Butler, NJ 3 Beds \| 3 Baths \| - Sq. Ft.	$687,547
11 Lakeview Avenue, Butler, NJ - Beds \| - Baths \| 2171 Sq. Ft.	$686,450
7 Decker Avenue, Butler, NJ - Beds \| - Baths \| 668 Sq. Ft.	$493,974
5 Lakeview Avenue, Butler, NJ 3 Beds \| 1 Baths \| - Sq. Ft.	$534,892

Property information provided by GSMLS when last listed in 2019. This data may not match . Learn more.

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48 TERRACE Ave, Butler, NJ 07405-1549

About this home

Redfin Estimate

Earn from this home

Market trends in 07405, NJ

Sale history for 48 TERRACE Ave

Tax history for 48 TERRACE Ave

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 07405-3235

Home values near 48 TERRACE Ave

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