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54 Korman Rd

Bayville, NJ 08721

4 bd 2 ba 1,503 sqft Built 1970 Lot 10,019 sqft single_family
Most recent sale
$340,000
Jan 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 5, 2024 Sold $340,000 MoreMLS
Nov 10, 2023 Listed $305,000 MoreMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $95,300 $120,000 $215,300 $5,576
2024 $95,300 $120,000 $215,300 $5,190
2023 $95,300 $120,000 $215,300 $4,994
2022 $95,300 $120,000 $215,300 $4,902
2021 $95,300 $120,000 $215,300 $4,799
2020 $95,300 $120,000 $215,300 $4,799
2019 $95,300 $120,000 $215,300 $4,665
2018 $95,300 $120,000 $215,300 $4,650
2017 $95,300 $120,000 $215,300 $4,478
2016 $95,300 $120,000 $215,300 $4,204
2015 $95,300 $120,000 $215,300 $4,081
2014 $95,300 $120,000 $215,300 $3,959
2013 $95,300 $120,000 $215,300 $4,105
2012 $95,300 $120,000 $215,300 $4,008
2010 $95,300 $120,000 $215,300 $3,916
2009 $63,900 $32,700 $96,600 $3,233
2007 $63,900 $32,700 $96,600 $3,011

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,503 sqft
Lot size
10,019 sqft
ZIP code
08721
City
Bayville
Street
Korman Rd
Coordinates
39.91627, -74.16004

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,255
Gross rental yield
7.96%
Implied cap rate
5.17%
Trend-extrapolated value

Frequently asked questions

When did 54 Korman Rd last sell?
54 Korman Rd most recently sold on Jan 5, 2024 for $340,000.
What is the current tax assessment for 54 Korman Rd?
The most recent total assessment for 54 Korman Rd (year 2025) is $215,300 with $5,576 in property tax.
How does 54 Korman Rd's assessment compare to its last sale price?
The current assessment is 36.7% below the last sale price of $340,000.
When was 54 Korman Rd built?
54 Korman Rd was built in 1970.
How does 54 Korman Rd compare to others on Korman Rd?
We track 5 other properties on Korman Rd. Browse the list under "Other properties on Korman Rd" to compare beds, baths, and sale history.
What are the property facts for 54 Korman Rd?
54 Korman Rd is a 4 bed, 2 bath, 1,503 sqft, 10,019 sqft lot single_family.
Is 54 Korman Rd a flip candidate?
No — 54 Korman Rd does not appear in our flips dataset.
Is 54 Korman Rd a tax-appeal candidate?
No — 54 Korman Rd 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
-0.1%
Implied 1-yr
-0.2%
2026 Q3
$498.9K
2026 Q4
$498.6K
ZIP 08721 — Median Price History + Forecast

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