10 homes sold in Menlo Park Terrace in the last year, at a typical $562K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Menlo Park Terrace homes are listed.
Every place Menlo Park Terrace homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Menlo Park Terrace.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Menlo Park Terrace’s sales, at a typical $570K (year to May 2026)
10 homes sold in the year to September 2026.
typical sale · 16 sold in the year to May 2026
- Per square foot
- $399NJ $331
- Days to sell
- 77
- Sold over asking
- 81%
- Listings with a price cut
- 32%
Fewer homes sell than a decade ago, at 2.3 times the 2016 price
10 sales in the last year, against 39 in 2019 and a low of 18 in 2023. The typical sale went from $242K in 2016 to $562K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $550K buys in Menlo Park Terrace
Check a listing against what Menlo Park Terrace homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Menlo Park Terrace home costs about $4,010 a month
Price: Menlo Park Terrace’s typical sale, last 12 months. Property tax at Menlo Park Terrace’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Menlo Park Terrace is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $562K home, about $12,940 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Menlo Park Terrace.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Menlo Park Terrace, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Menlo Park Terrace. People who follow the town see it, and so do people comparing Menlo Park Terrace with their own town. No commission, no listing fee.
Questions about buying a home in Menlo Park Terrace
What do homes sell for in Menlo Park Terrace, NJ?
10 homes sold in the year to September 2026 at a typical $562K, $408 a square foot.
Is Menlo Park Terrace a buyer’s or seller’s market?
A balanced market: 6 homes were for sale in September 2026 and 0 sold, about 6 months of supply. Buyers paid 103% of asking on average.
How much are property taxes in Menlo Park Terrace?
About 2.3% of a home’s value a year. On a $562K home that’s near $12,940.
Where can I see homes for sale in Menlo Park Terrace?
Zillow, Redfin, Realtor.com and Homes.com all carry Menlo Park Terrace’s MLS listings; the search links above open each one filtered to Menlo Park Terrace.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).