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40 Franklin Ave

Berlin, NJ 08009

3 bd 2 ba 1,471 sqft Built 1955 Lot 11,626 sqft single_family
Most recent sale
$244,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $244,000 MLS #NJCD2022828
Apr 22, 2022 Price changed $239,000 MLS #NJCD2022828
Apr 14, 2022 Price changed $249,900 MLS #NJCD2022828
Apr 6, 2022 Listed $269,900 MLS #NJCD2022828
Apr 2, 2019 Sold $160,900 Public Record
Feb 12, 1996 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $103,100 $68,600 $171,700 $5,961
2024 $103,100 $68,600 $171,700 $5,856
2023 $103,100 $68,600 $171,700 $5,803
2022 $103,100 $68,600 $171,700 $5,805
2021 $103,100 $69,700 $172,800 $5,720
2020 $103,100 $69,700 $172,800 $5,685
2019 $103,100 $69,700 $172,800 $5,732
2018 $103,100 $69,700 $172,800 $5,626
2017 $103,100 $69,700 $172,800 $5,416
2016 $103,100 $69,700 $172,800 $5,277
2015 $103,100 $69,700 $172,800 $5,163
2014 $103,100 $69,700 $172,800 $5,049
2013 $123,700 $69,700 $193,400 $5,508
2012 $123,700 $69,700 $193,400 $5,402
2010 $72,200 $33,100 $105,300 $5,094
2009 $72,200 $33,100 $105,300 $4,872
2008 $72,200 $33,100 $105,300 $4,626
2007 $72,200 $33,100 $105,300 $4,557

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,471 sqft
Lot size
11,626 sqft
ZIP code
08009
City
Berlin
Street
Franklin Ave
Coordinates
39.80035, -74.94994

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
$2,207
Gross rental yield
10.85%
Implied cap rate
7.06%
Trend-extrapolated value

Frequently asked questions

When did 40 Franklin Ave last sell?
40 Franklin Ave most recently sold on Jun 10, 2022 for $244,000.
What is the current tax assessment for 40 Franklin Ave?
The most recent total assessment for 40 Franklin Ave (year 2025) is $171,700 with $5,961 in property tax.
How does 40 Franklin Ave's assessment compare to its last sale price?
The current assessment is 29.6% below the last sale price of $244,000.
When was 40 Franklin Ave built?
40 Franklin Ave was built in 1955.
How does 40 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Franklin Ave?
40 Franklin Ave is a 3 bed, 2 bath, 1,471 sqft, 11,626 sqft lot single_family.
Is 40 Franklin Ave a flip candidate?
No — 40 Franklin Ave does not appear in our flips dataset.
Is 40 Franklin Ave a tax-appeal candidate?
No — 40 Franklin 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
+1.7%
Implied 1-yr
+6.8%
2026 Q2
$412.2K
2026 Q3
$418.6K
ZIP 08009 — Median Price History + Forecast

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