387 Terrace Ln, Bedminster, NJ 07921 Property Records

Somerset County and Bedminster Township property record for 387 Terrace Ln, Bedminster, NJ 07921

Property Summary

Property Type	Single Family Home
Details	1,293 sqft · built 1988
Lot Size	0.098 acres (4,256 sqft)
Owner	2 Individual Names on Record
Last Sale	$450,000 (Apr 2023)
Tax Bill	$5,582 (2025)
Deeds & Mortgages	Apr 2023 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`01-00059-04-00387`

Property Details

APN / Parcel Number

Primary APN	`01-00059-04-00387`
Alternative APNs	`010005904003870000CONDO` `0100059 0400387 CONDO`

Interior

Stories	2 Stories
Building Area	1,293 sqft Living Area

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Construction Type	Frame
Lot Area	4,256 sqft (0.098 acres)

Location & Zoning

Old Parcel Number	010005904003870000CONDO
Street Address	387 TERRACE LN
City	BEDMINSTER
State	NJ
Zip	07921-1927
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	PRD
Legal Description	ADDITIONAL LOTS: LONG MEADOW MODEL E
Legal Block	59.4
Legal Lot Number	387
Jurisdiction	SOMERSET NJ
Township / Civil Division	BEDMINSTER
Census Block Group	2
Census Block	2003
Census Tract	52905

Owner

Source: Somerset County and Bedminster Township records, as of July 7, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	387 TERRACE LN, BEDMINSTER, NJ 07921-1927
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Joint Tenants

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 3, 2023 · Amount on Record
Deed Sale	Apr 3, 2023 · Amount on Record
Prior Sale	Jan 6, 2000 · Amount on Record
Deed Document Number	20238182
Deed Book / Page	7499 / 2156
Record Updated	Sep 20, 2026

April 2023: Deed, Transfer

Document Type	Deed
Jurisdiction	SOMERSET NJ
Recording Date	Apr 3, 2023
Property Address	387 TERRACE LN, BEDMINSTER, NJ 07921-1927
Document Number	0000008182
Book / Page	7499 / 2156
Instrument Date	Mar 24, 2023
Instrument	2023008182
Transaction Type	Transfer
Record Updated	Apr 20, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,710.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	119 MAIN ST, KENNEBUNK, ME 04043-7088

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	387 TERRACE LN, BEDMINSTER, NJ 07921-1927

Mortgage

Document Number	0000008183
Date	Apr 3, 2023
Instrument	2023008183

Lender

Name	CALIBER HOME LOANS INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Apr 1, 2053

Tax Assessment & Valuation

Source: Somerset County and Bedminster Township assessment roll, as of July 7, 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Somerset County
County Subdivision	Bedminster Township
Unified School District	Bedminster Township School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$495,000 (+6.77%) Land $240,300 Building $254,700	$495,000 (+6.77%) Land $240,300 Building $254,700
2025	$5,582.00 (+1.97%)	$463,600 (+14.64%) Land $224,600 Building $239,000	$463,600 (+14.64%) Land $224,600 Building $239,000
2024	$5,474.00 (+1.69%)
2023		$404,400 Land $194,300 Building $210,100	$404,400 Land $194,300 Building $210,100
2022	$5,383.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 3, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	3 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 65% of New Jersey
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NJ AMERICAN WATER - SHORT HILLS private · serves 217,230 people · EPA ID NJ0712001
Water Source	Surface water
Last State Inspection	Nov 2022
Lead	3 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 311 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
Optimum Cable · Fiber in parts of the area	940 / 35
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20