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$499,999 Just Listed
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Property Description
Welcome to Cambridge Heights on Terrace Lake, where this freshly painted two-bedroom, 2.5-bath townhome awaits you! Primary bedroom boasts vaulted ceiling,full bath & ample closet space. Nestled in a picturesque setting, this home offers not only comfortable living spaces but also breathtaking views of the serene lake from Primary bedroom,living room and finished basement!! Hardwood floors thru-out,gas fireplace in living room, Imagine waking up to the gentle sounds of nature and enjoying your morning coffee on a private deck overlooking the water. Full finished walk-out basement,one car garage With modern amenities,outdoor pool,clubhouse,gym and a welcoming community, this townhome is the perfect blend of convenience and tranquility.
Full Property Details
Full Property Details for 239 Terrace Lake Dr
General
- Price: $499,999
- HOA FEE: $475/month
- Taxes: $10,606 (2025)
- Status: Active
- Type: Condo
- Source: Garden_State
- MLS ID: 4015140
- Updated: Today (3/18/2026)
- Added to Site: Today
Interior
- Number of Rooms: 6
- 2nd Floor/Level 2: 2 Bedrooms, Bath Main, Bath(s) Other
- 1st Floor/Level 1: Dining Room, Kitchen, Living Room, Powder Room
- Street Level: Rec Room
- Interior Features: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Security System, Smoke Detector, Stall Shower
- Number of Fireplaces: 1
- Fireplace(s): Gas Fireplace, Living Room
- Appliances: Carbon Monoxide Detector, Dishwasher, Microwave, Gas Range and Oven, Refrigerator
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Full Bath, Walk-In Closet
- Bedroom 1: 17 x 14, Second
- Bedroom 2: 15 x 14, Second
Other Rooms
- Living Room: 17 x 12, First
- Family Room: Ground
- Kitchen: Eat-In Kitchen, 11 x 10, First
- Dining Room: Living/Dining Combo, 14 x 13, First
- Laundry Room: 17 x 19, Ground
- Laundry Room: Second
Additional Information
- Shared Amenities: Club House, Exercise Room, Pool-Outdoor
- Pool: Yes
- Pool Description: Association Pool
Exterior
- Exterior Features: Deck, Patio
- Color: tan
Parking
- Garage: Yes
- Garage Spaces: 1
- Uncovered Spaces: 1
- Garage Description: Built-In Garage
Location
- County: Morris
- Subdivision: Cambridge Heights
- Driving Directions: Rt 23 to Cambridge Dr to Terrace Lake
School Information
- Elementary School: Aaron Deck
- Middle School: R.Butler
- High School: Butler
Community
- Community Living: Yes
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: 1 Unit, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: Multi Floor Unit
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 2001
Lot Features
- Lot Size (Acres): 0.12
- Lot Size: 0.1192 AC
- Driveway/Sidewalk: 1 Car Width, Additional Parking
- Zoning: Res
- Lot Description: Lake Front
Water Features
- Water Front: Yes
Financial Considerations
- Association Fee: $475
- Assoc Fee Freq.: Monthly
- Assessment Amount: $466,200
- Land Assmt: $215,000
- Tax Amount: $10,606
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Disclosures: Yes
- APN: 2303-00101-0003-00003-0000-
- Block: 101.03
- Lot Number: 3
Listed by C-21 Gemini, Llc.
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Schools
Schools serving 239 Terrace Lake Dr
School District:Butler Borough School District
| Name | Grades | Distance |
|---|---|---|
Aaron Decker Elementary School 98 Decker Road, Butler, NJ 07405 | PK-4 | 0.3 mi |
Richard Butler Elementary School 30 Pearl Place, Butler, NJ 07405 | 5-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 239 Terrace Lake Dr
Date
Details
Price
Change
Source
3/18/2026
Listed
$499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 239 Terrace Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,746
8%
$422,400
16%
2022
$9,045
-10%
$365,700
12%
2021
$10,030
—
$326,900
25%
2021
$10,030
6%
$261,600
—
2018
$9,436
3%
$261,600
—
2017
$9,195
3%
$261,600
—
2016
$8,957
2%
$261,600
—
2015
$8,813
-8%
$261,600
—
2019
$9,559
15%
$261,600
—
2013
$8,348
—
$261,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 239 Terrace Lake Dr
239 Terrace Lake Dr, Butler, NJ 07405 (MLS# 4015140) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 239 Terrace Lake Dr is currently listed for $499,999 and was received on March 18, 2026. Want to learn more about 239 Terrace Lake Dr? Do you have questions about finding other Condo real estate for sale in Butler? You can browse all Butler real estate or contact a Coldwell Banker agent to request more information.

