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221 Prospect Ave

Avenel, NJ 07001

3 bd 2 ba 966 sqft Built 1945 Lot 6,251 sqft single_family
Most recent sale
$370,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $370,000 MLS #NJMX2002578
Jun 3, 2022 Listed $360,000 MLS #NJMX2002578
Jun 2, 2022 Listed $360,000 MLS #2214979R
Mar 26, 2004 Sold $222,000 Public Record
Nov 16, 1995 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,800 $18,800 $61,600 $7,795
2024 $42,800 $18,800 $61,600 $7,536
2023 $42,800 $18,800 $61,600 $7,221
2022 $39,600 $18,800 $58,400 $6,670
2021 $39,600 $18,800 $58,400 $6,613
2020 $39,600 $18,800 $58,400 $6,411
2019 $39,600 $18,800 $58,400 $6,335
2018 $39,600 $18,800 $58,400 $6,132
2017 $39,600 $18,800 $58,400 $6,020
2016 $39,600 $18,800 $58,400 $5,972
2015 $39,600 $18,800 $58,400 $5,871
2014 $39,600 $18,800 $58,400 $5,745
2013 $39,600 $18,800 $58,400 $5,654
2012 $39,600 $18,800 $58,400 $5,497
2011 $39,600 $18,800 $58,400 $5,303
2010 $39,600 $18,800 $58,400 $5,051
2009 $39,600 $18,800 $58,400 $4,802
2008 $39,600 $18,800 $58,400 $4,445
2007 $39,600 $18,800 $58,400 $4,298

Property facts

Year built
1945
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
966 sqft
Lot size
6,251 sqft
ZIP code
07001
City
Avenel
Street
Prospect Ave
Coordinates
40.58203, -74.28979

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,449
Gross rental yield
4.70%
Implied cap rate
3.05%
Trend-extrapolated value

Frequently asked questions

When did 221 Prospect Ave last sell?
221 Prospect Ave most recently sold on Aug 16, 2022 for $370,000.
What is the current tax assessment for 221 Prospect Ave?
The most recent total assessment for 221 Prospect Ave (year 2025) is $61,600 with $7,795 in property tax.
How does 221 Prospect Ave's assessment compare to its last sale price?
The current assessment is 83.4% below the last sale price of $370,000.
When was 221 Prospect Ave built?
221 Prospect Ave was built in 1945.
How does 221 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 221 Prospect Ave?
221 Prospect Ave is a 3 bed, 2 bath, 966 sqft, 6,251 sqft lot single_family.
Is 221 Prospect Ave a flip candidate?
No — 221 Prospect Ave does not appear in our flips dataset.
Is 221 Prospect Ave a tax-appeal candidate?
No — 221 Prospect Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.7%
2026 Q3
$461.7K
2026 Q4
$460.9K
ZIP 07001 — Median Price History + Forecast

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