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517 Sherman Ave

Belford, NJ 07718

3 bd 2 ba 1,880 sqft Built 1957 Lot 10,019 sqft single_family
Most recent sale
$475,000
Mar 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 4, 2023 Sold $550,000 MoreMLS
Aug 18, 2022 Price changed $589,000 MLS #2301373R
Aug 17, 2022 Price changed $589,000 MLS #22223634
Jul 28, 2022 Listed $619,000 MLS #2301373R
Jul 27, 2022 Listed $619,000 MLS #22223634
Jul 13, 2022 Price changed $649,999 MLS #22220835
Jul 5, 2022 Listed $659,900 MLS #22220835
Jul 2, 2022 Listing removed $649,999 AllJerseyMLS
Jul 1, 2022 Listing removed $649,999 AllJerseyMLS
Jun 9, 2022 Price changed $649,999 MLS #2215062R
Jun 8, 2022 Price changed $649,999 MLS #22215836
Jun 3, 2022 Listed $675,000 MLS #2215062R
May 25, 2022 Listed $675,000 MLS #22215836
Mar 1, 2022 Sold $475,000 Public Record
Feb 25, 2022 Sold $475,000 MoreMLS
Feb 11, 2022 Price changed $475,000 MLS #22202671
Feb 1, 2022 Listed $495,000 MLS #22202671

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $312,300 $390,800 $703,100 $11,348
2024 $312,300 $390,800 $703,100 $10,442
2023 $322,400 $274,400 $596,800 $10,372
2022 $186,200 $258,000 $444,200 $8,364
2021 $165,600 $229,800 $395,400 $8,224
2020 $161,800 $204,200 $366,000 $7,825
2019 $160,900 $204,200 $365,100 $7,711
2018 $153,400 $203,000 $356,400 $7,723
2017 $148,700 $203,000 $351,700 $7,699
2016 $144,600 $188,000 $332,600 $7,088
2015 $144,400 $188,000 $332,400 $7,100
2014 $144,300 $188,000 $332,300 $7,274
2013 $144,300 $188,000 $332,300 $7,111
2012 $144,300 $188,000 $332,300 $7,251
2011 $144,300 $188,000 $332,300 $7,181
2010 $156,800 $208,000 $364,800 $6,785
2009 $156,800 $208,000 $364,800 $6,534
2008 $110,500 $72,800 $183,300 $6,975
2007 $110,500 $72,800 $183,300 $6,974

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,880 sqft
Lot size
10,019 sqft
ZIP code
07718
City
Belford
Street
Sherman Ave
Coordinates
40.40940, -74.08206

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,820
Gross rental yield
7.12%
Implied cap rate
4.63%
Trend-extrapolated value

Frequently asked questions

When did 517 Sherman Ave last sell?
517 Sherman Ave most recently sold on Mar 1, 2022 for $475,000.
What is the current tax assessment for 517 Sherman Ave?
The most recent total assessment for 517 Sherman Ave (year 2025) is $703,100 with $11,348 in property tax.
How does 517 Sherman Ave's assessment compare to its last sale price?
The current assessment is 48.0% above the last sale price of $475,000.
When was 517 Sherman Ave built?
517 Sherman Ave was built in 1957.
How does 517 Sherman Ave compare to others on Sherman Ave?
We track 8 other properties on Sherman Ave. Browse the list under "Other properties on Sherman Ave" to compare beds, baths, and sale history.
What are the property facts for 517 Sherman Ave?
517 Sherman Ave is a 3 bed, 2 bath, 1,880 sqft, 10,019 sqft lot single_family.
Is 517 Sherman Ave a flip candidate?
No — 517 Sherman Ave does not appear in our flips dataset.
Is 517 Sherman Ave a tax-appeal candidate?
Yes — 517 Sherman Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.3%
2026 Q2
$540.1K
2026 Q3
$547.9K
ZIP 07718 — Median Price History + Forecast

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