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205 Locust Ln

Bernards Twp, NJ 07920

2 bd 3 ba 1,357 sqft Built 1994 townhomes
Most recent sale
$485,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $485,000 MLS #3768179
Mar 9, 2022 Listed $444,900 MLS #3768179
Nov 6, 2019 Sold $363,000 MLS #3587791
Dec 10, 1997 Sold $188,000 Public Record
Sep 26, 1996 Sold $172,000 Public Record
Jun 29, 1994 Sold $164,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $396,700 $175,000 $571,700 $9,650
2024 $396,700 $175,000 $571,700 $8,480
2023 $273,200 $175,000 $448,200 $8,453
2022 $217,600 $175,000 $392,600 $7,895
2021 $179,900 $175,000 $354,900 $7,488
2020 $175,200 $175,000 $350,200 $7,333
2019 $168,200 $175,000 $343,200 $6,981
2018 $173,100 $175,000 $348,100 $6,979
2017 $172,500 $175,000 $347,500 $6,912
2016 $174,600 $175,000 $349,600 $6,821
2015 $176,600 $170,000 $346,600 $6,641
2014 $162,800 $175,000 $337,800 $6,533
2013 $148,700 $185,000 $333,700 $6,517
2012 $152,200 $185,000 $337,200 $6,545
2011 $153,900 $185,000 $338,900 $6,378
2010 $153,300 $185,000 $338,300 $6,184
2009 $162,800 $185,000 $347,800 $5,829
2008 $179,700 $185,000 $364,700 $5,697
2007 $183,600 $185,000 $368,600 $5,639

Property facts

Year built
1994
Property type
townhomes
Stories
Beds
2
Baths
3
Living area
1,357 sqft
Lot size
ZIP code
07920
City
Bernards Twp
Street
Locust Ln
Coordinates
40.65924, -74.55644

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,036
Gross rental yield
5.04%
Implied cap rate
3.27%
Trend-extrapolated value

Frequently asked questions

When did 205 Locust Ln last sell?
205 Locust Ln most recently sold on Apr 14, 2022 for $485,000.
What is the current tax assessment for 205 Locust Ln?
The most recent total assessment for 205 Locust Ln (year 2025) is $571,700 with $9,650 in property tax.
How does 205 Locust Ln's assessment compare to its last sale price?
The current assessment is 17.9% above the last sale price of $485,000.
When was 205 Locust Ln built?
205 Locust Ln was built in 1994.
How does 205 Locust Ln compare to others on Locust Ln?
We track 8 other properties on Locust Ln. Browse the list under "Other properties on Locust Ln" to compare beds, baths, and sale history.
What are the property facts for 205 Locust Ln?
205 Locust Ln is a 2 bed, 3 bath, 1,357 sqft townhomes.
Is 205 Locust Ln a flip candidate?
No — 205 Locust Ln does not appear in our flips dataset.
Is 205 Locust Ln a tax-appeal candidate?
Yes — 205 Locust Ln 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
+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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