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48 Commonwealth Dr

Bernards Twp, NJ 07920

2 bd 2 ba Built 1987 condos
Most recent sale
$350,300
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 9, 2026 Sold $457,500 GardenState
Nov 13, 2025 Listed $439,900 GardenState
Apr 11, 2022 Sold $350,300 MLS #3765452
Feb 23, 2022 Listed $334,900 MLS #3765452
Oct 11, 2019 Sold $305,000 Public Record
Jul 31, 2019 Listed $319,000 MLS #3577116
Dec 11, 2013 Sold $270,000 Public Record
Nov 3, 2013 Listing removed $299,000 GardenState
Oct 15, 2013 Listed $299,000 MLS #3088263
Jan 8, 1998 Sold $149,000 Public Record
Sep 6, 1996 Sold $148,000 Public Record
Jan 5, 1988 Sold $178,000 Public Record
Jun 1, 1985 Sold $131,325 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $292,000 $140,000 $432,000 $7,292
2024 $292,000 $140,000 $432,000 $6,511
2023 $219,200 $124,000 $343,200 $6,472
2022 $190,400 $120,000 $310,400 $6,242
2021 $177,200 $120,000 $297,200 $6,271
2020 $176,900 $115,000 $291,900 $6,112
2019 $149,300 $125,000 $274,300 $5,579
2018 $143,300 $123,000 $266,300 $5,339
2017 $148,500 $123,000 $271,500 $5,400
2016 $139,800 $123,000 $262,800 $5,127
2015 $146,100 $120,000 $266,100 $5,098
2014 $139,800 $120,000 $259,800 $5,024
2013 $136,600 $120,000 $256,600 $4,761
2012 $138,700 $120,000 $258,700 $4,771
2011 $144,900 $125,000 $269,900 $4,829
2010 $149,300 $125,000 $274,300 $5,014
2009 $158,600 $125,000 $283,600 $4,503
2008 $167,700 $140,000 $307,700 $4,556
2007 $182,100 $140,000 $322,100 $4,678

Property facts

Year built
1987
Property type
condos
Stories
Beds
2
Baths
2
Living area
Lot size
ZIP code
07920
City
Bernards Twp
Street
Commonwealth Dr
Coordinates
40.66122, -74.53493

Block-level micro-comps

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

Frequently asked questions

When did 48 Commonwealth Dr last sell?
48 Commonwealth Dr most recently sold on Apr 11, 2022 for $350,300.
What is the current tax assessment for 48 Commonwealth Dr?
The most recent total assessment for 48 Commonwealth Dr (year 2025) is $432,000 with $7,292 in property tax.
How does 48 Commonwealth Dr's assessment compare to its last sale price?
The current assessment is 23.3% above the last sale price of $350,300.
When was 48 Commonwealth Dr built?
48 Commonwealth Dr was built in 1987.
How does 48 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 48 Commonwealth Dr?
48 Commonwealth Dr is a 2 bed, 2 bath condos.
Is 48 Commonwealth Dr a flip candidate?
No — 48 Commonwealth Dr does not appear in our flips dataset.
Is 48 Commonwealth Dr a tax-appeal candidate?
No — 48 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

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