Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 30M+ properties All 50 states Methodology

3 Commonwealth Dr

Bernards Twp, NJ 07920

2 bd 2 ba 1,033 sqft Built 1986 condos
Most recent sale
$336,250
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $336,250 MLS #3769131
Mar 15, 2022 Listed $325,000 MLS #3769131
Apr 10, 2017 Listing removed $1,925 GardenState
Mar 31, 2017 Listed for rent $1,925 GardenState
Dec 2, 2013 Sold $265,250 Public Record
Oct 22, 2013 Listing removed $255,000 GardenState
Oct 9, 2013 Listed $255,000 MLS #3086365
Jan 12, 2010 Sold $240,000 Public Record
Oct 6, 1999 Sold $182,000 Public Record
Dec 23, 1987 Sold $160,000 Public Record
Jun 1, 1987 Sold $157,500 Public Record
May 1, 1985 Sold $121,242 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $271,800 $140,000 $411,800 $6,951
2024 $271,800 $140,000 $411,800 $6,455
2023 $199,600 $124,000 $323,600 $6,103
2022 $159,000 $120,000 $279,000 $5,610
2021 $147,400 $120,000 $267,400 $5,642
2020 $142,100 $115,000 $257,100 $5,383
2019 $134,100 $125,000 $259,100 $5,270
2018 $141,000 $123,000 $264,000 $5,293
2017 $145,200 $123,000 $268,200 $5,334
2016 $142,900 $123,000 $265,900 $5,187
2015 $144,500 $120,000 $264,500 $5,067
2014 $133,000 $120,000 $253,000 $4,893
2013 $114,500 $120,000 $234,500 $4,579
2012 $116,100 $120,000 $236,100 $4,582
2011 $121,700 $125,000 $246,700 $4,642
2010 $121,500 $125,000 $246,500 $4,506
2009 $129,000 $125,000 $254,000 $4,257
2008 $136,500 $140,000 $276,500 $4,318
2007 $139,500 $140,000 $279,500 $4,276

Property facts

Year built
1986
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,033 sqft
Lot size
ZIP code
07920
City
Bernards Twp
Street
Commonwealth Dr
Coordinates
40.65982, -74.53420

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,550
Gross rental yield
5.53%
Implied cap rate
3.60%
Trend-extrapolated value

Frequently asked questions

When did 3 Commonwealth Dr last sell?
3 Commonwealth Dr most recently sold on May 2, 2022 for $336,250.
What is the current tax assessment for 3 Commonwealth Dr?
The most recent total assessment for 3 Commonwealth Dr (year 2025) is $411,800 with $6,951 in property tax.
How does 3 Commonwealth Dr's assessment compare to its last sale price?
The current assessment is 22.5% above the last sale price of $336,250.
When was 3 Commonwealth Dr built?
3 Commonwealth Dr was built in 1986.
How does 3 Commonwealth Dr compare to others on Commonwealth Dr?
We track 8 other properties on Commonwealth Dr. Browse the list under "Other properties on Commonwealth Dr" to compare beds, baths, and sale history.
What are the property facts for 3 Commonwealth Dr?
3 Commonwealth Dr is a 2 bed, 2 bath, 1,033 sqft condos.
Is 3 Commonwealth Dr a flip candidate?
No — 3 Commonwealth Dr does not appear in our flips dataset.
Is 3 Commonwealth Dr a tax-appeal candidate?
No — 3 Commonwealth Dr 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
+3.5%
Implied 1-yr
+14.0%
2026 Q3
$1.51M
2026 Q4
$1.55M
ZIP 07920 — Median Price History + Forecast

Explore nearby