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56 Korman Rd

Bayville, NJ 08721

4 bd 2 ba 1,604 sqft Built 1970 Lot 12,197 sqft single_family
Most recent sale
$410,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $410,000 Public Record
Jun 17, 2022 Sold $410,009 MoreMLS
May 2, 2022 Listed $369,000 MLS #22212908
Dec 8, 2017 Sold $218,000 MoreMLS
Nov 28, 2017 Sold $218,000 MLS #4029485
Sep 24, 2017 Price changed $224,000 MLS #21733961
Sep 23, 2017 Price changed $224,000 MLS #4029485
Aug 30, 2017 Listed $239,900 MLS #21733961
Aug 16, 2017 Price changed $239,900 MLS #4029485
Jul 24, 2017 Price changed $249,900 MLS #4029485
Jul 10, 2017 Listed $259,900 MLS #4029485

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,000 $119,600 $240,600 $6,231
2024 $121,000 $119,600 $240,600 $5,800
2023 $121,000 $119,600 $240,600 $5,581
2022 $121,000 $119,600 $240,600 $5,478
2021 $121,000 $119,600 $240,600 $5,362
2020 $121,000 $119,600 $240,600 $5,362
2019 $121,000 $119,600 $240,600 $5,213
2018 $121,000 $119,600 $240,600 $5,196
2017 $121,000 $119,600 $240,600 $5,004
2016 $121,000 $119,600 $240,600 $4,728
2015 $121,000 $119,600 $240,600 $4,590
2014 $131,000 $119,600 $250,600 $4,649
2013 $131,000 $119,600 $250,600 $4,778
2012 $131,000 $119,600 $250,600 $4,666
2010 $131,000 $119,600 $250,600 $4,558
2009 $69,900 $32,700 $102,600 $3,184
2007 $69,900 $32,700 $102,600 $3,197

Property facts

Year built
1970
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,604 sqft
Lot size
12,197 sqft
ZIP code
08721
City
Bayville
Street
Korman Rd
Coordinates
39.91630, -74.16047

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
$2,406
Gross rental yield
7.04%
Implied cap rate
4.58%
Trend-extrapolated value

Frequently asked questions

When did 56 Korman Rd last sell?
56 Korman Rd most recently sold on Jun 22, 2022 for $410,000.
What is the current tax assessment for 56 Korman Rd?
The most recent total assessment for 56 Korman Rd (year 2025) is $240,600 with $6,231 in property tax.
How does 56 Korman Rd's assessment compare to its last sale price?
The current assessment is 41.3% below the last sale price of $410,000.
When was 56 Korman Rd built?
56 Korman Rd was built in 1970.
How does 56 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 56 Korman Rd?
56 Korman Rd is a 4 bed, 2 bath, 1,604 sqft, 12,197 sqft lot single_family.
Is 56 Korman Rd a flip candidate?
No — 56 Korman Rd does not appear in our flips dataset.
Is 56 Korman Rd a tax-appeal candidate?
No — 56 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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