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242 Shepherd Ave

Bridgewater Twp, NJ 08805

3 bd 3 ba 1,802 sqft Built 1938 Lot 6,534 sqft single_family
Most recent sale
$517,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $517,000 Public Record
Sep 9, 2022 Sold $517,000 MLS #3794992
Jul 10, 2022 Listed $525,000 MLS #3794992
Jul 20, 2018 Sold $417,500 Public Record
Jul 13, 2018 Listing removed $449,900 AllJerseyMLS
Jul 1, 2018 Relisted $449,900 MLS #1823044
May 22, 2018 Listing removed $449,900 AllJerseyMLS
Apr 16, 2018 Listed $449,900 MLS #1823044
Dec 10, 1975 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $293,000 $197,300 $490,300 $9,546
2024 $293,000 $197,300 $490,300 $9,529
2023 $246,800 $197,300 $444,100 $8,913
2022 $212,900 $192,600 $405,500 $8,458
2021 $200,700 $192,600 $393,300 $8,385
2020 $198,000 $192,600 $390,600 $8,312
2019 $193,900 $192,600 $386,500 $8,306
2018 $138,800 $192,600 $331,400 $7,105
2017 $136,800 $192,600 $329,400 $7,069
2016 $136,300 $178,300 $314,600 $6,654
2015 $133,800 $178,300 $312,100 $6,595
2014 $119,000 $178,300 $297,300 $6,377
2013 $118,000 $178,300 $296,300 $6,225
2012 $119,000 $178,300 $297,300 $5,985
2011 $119,000 $178,300 $297,300 $5,863
2010 $123,900 $197,300 $321,200 $6,067
2009 $133,800 $197,300 $331,100 $6,003
2008 $133,800 $216,300 $350,100 $6,151
2007 $114,900 $216,300 $331,200 $5,736

Property facts

Year built
1938
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,802 sqft
Lot size
6,534 sqft
ZIP code
08805
City
Bridgewater Twp
Street
Shepherd Ave
Coordinates
40.57491, -74.52547

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,703
Gross rental yield
6.27%
Implied cap rate
4.08%
Trend-extrapolated value

Frequently asked questions

When did 242 Shepherd Ave last sell?
242 Shepherd Ave most recently sold on Sep 19, 2022 for $517,000.
What is the current tax assessment for 242 Shepherd Ave?
The most recent total assessment for 242 Shepherd Ave (year 2025) is $490,300 with $9,546 in property tax.
How does 242 Shepherd Ave's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $517,000.
When was 242 Shepherd Ave built?
242 Shepherd Ave was built in 1938.
How does 242 Shepherd Ave compare to others on Shepherd Ave?
We track 3 other properties on Shepherd Ave. Browse the list under "Other properties on Shepherd Ave" to compare beds, baths, and sale history.
What are the property facts for 242 Shepherd Ave?
242 Shepherd Ave is a 3 bed, 3 bath, 1,802 sqft, 6,534 sqft lot single_family.
Is 242 Shepherd Ave a flip candidate?
No — 242 Shepherd Ave does not appear in our flips dataset.
Is 242 Shepherd Ave a tax-appeal candidate?
No — 242 Shepherd 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
+0.6%
Implied 1-yr
+2.2%
2026 Q3
$507.2K
2026 Q4
$509.9K
ZIP 08805 — Median Price History + Forecast

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