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Single Family ResidenceResidential
$502,906$541 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $183,000 on Jul 5, 1989

388 TERRACE LN

BEDMINSTER, NJ 07921
0
Baths
929 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
3,572 ft²
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$503K
$476K low$530K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$183,000 · Jul 5, 1989

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,935 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$437,600 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$181,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$256,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$409,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$437,600

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.45
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
17
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
67
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
97
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
43
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySOMERSET
Lot (acres)The size of the land the home sits on, from county records.0.08
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Bedminster Township Public SchoolA-
Elementary · Grades PK–8 · 1.3 mi
H
Bernards High SchoolA-
High · Grades 9–12 · 5.7 mi

District: Bedminster Township School District

Neighborhood · ZIP 07921These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.159
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.91
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.100

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.38%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.8,033
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.400 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$126,517
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$164,690
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.49 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

388 Terrace Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 74% of homes in Somerset County
  • Costs more per square foot than 98% of homes in Bedminster 07921
  • Smaller than 95% of homes in Somerset County
  • Has a bigger lot than 77% of homes in Bedminster 07921
  • Newer than 75% of homes in Bedminster 07921

What homes are worth in Bedminster 07921

Each bar is how many homes fall in that price range. The marker is this home.

This home
$139K$1.5M

This home is worth more than 50% of homes in Bedminster 07921.

How it measures up in Bedminster 07921

The dot is this home. The mark in the middle is the typical home in Bedminster 07921.

Estimated value$502,906
CheaperTypical $498,769Pricier

Pricier than 50% of homes nearby

Price per ft²$541
CheaperTypical $418Pricier

Pricier than 98% of homes nearby

Living area929 ft²
SmallerTypical 1,193 ft²Bigger

Bigger than 25% of homes nearby

Lot size3,572 ft²
SmallerTypical 784 ft²Bigger

Bigger than 77% of homes nearby

Year built1988
OlderTypical 1987Newer

Newer than 75% of homes nearby

How 388 Terrace Ln ranks against every home in each area.
MeasureThis homeBedminster 07921Somerset County
Estimated valuepricier than$502,90650% of homes26% of homes
Price per ft²pricier than$54198% of homes98% of homes
Living areabigger than929 ft²25% of homes5% of homes
Lot sizebigger than3,572 ft²77% of homes25% of homes
Year builtnewer than198875% of homes67% of homes

About 388 Terrace Ln

How much is 388 Terrace Ln, Bedminster, NJ worth?

The TopHap Estimate for 388 Terrace Ln, Bedminster, NJ is $502,906 as of Aug 30, 2026. The likely range is $475,569 to $530,243. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 388 Terrace Ln, Bedminster, NJ last sell?

388 Terrace Ln, Bedminster, NJ last sold on Jul 5, 1989 for $183,000, according to the county's recorded deed.

How big is 388 Terrace Ln, Bedminster, NJ?

388 Terrace Ln, Bedminster, NJ has 929 square feet of living space and a 0.08-acre lot.

When was 388 Terrace Ln, Bedminster, NJ built?

388 Terrace Ln, Bedminster, NJ was built in 1988, making it 38 years old. The building has 1 story.

What schools serve 388 Terrace Ln, Bedminster, NJ?

388 Terrace Ln, Bedminster, NJ is assigned to Bedminster Township Public School (elementary), rated A-; Bernards High School (high), rated A-. All sit in Bedminster Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 388 Terrace Ln, Bedminster, NJ compare to other homes in Bedminster 07921?

Among the 3,993 homes in Bedminster 07921, it is worth more than 50% of them ($502,906 against a typical $498,769), its price per square foot is higher than 98% of them ($541 against a typical $418), it is bigger than 25% of them (929 ft² against a typical 1,193 ft²), its lot is bigger than 77% of them (3,572 ft² against a typical 784 ft²) and it is newer than 75% of them (1988 against a typical 1987). Measured against all of Somerset County, it is worth more than 26% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 388 Terrace Ln, Bedminster, NJ?

The 2025 property tax bill for 388 Terrace Ln, Bedminster, NJ was $4,935. The county assessed it at $437,600.

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