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550 Elm Ave

Browns Mills, NJ 08015

2 bd 1 ba 1,247 sqft Built 1950 single_family
Most recent sale
$28,500
Jan 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2023 Listed for rent $1,395 Zumper
Jan 14, 2022 Sold $28,500 MLS #NJBL2012388
Jan 3, 2022 Price changed $32,500 MLS #NJBL2012388
Dec 9, 2021 Listed $38,500 MLS #NJBL2012388

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $29,000 $46,000 $75,000 $2,439
2024 $29,000 $46,000 $75,000 $2,298
2023 $29,000 $46,000 $75,000 $2,157
2022 $29,000 $46,000 $75,000 $1,996
2021 $29,000 $46,000 $75,000 $1,915
2020 $29,000 $46,000 $75,000 $1,843
2019 $29,000 $46,000 $75,000 $1,765
2018 $29,000 $46,000 $75,000 $1,705
2017 $29,000 $46,000 $75,000 $1,670
2016 $21,600 $25,000 $46,600 $1,742
2015 $21,600 $25,000 $46,600 $1,728
2014 $21,600 $25,000 $46,600 $1,652
2013 $21,600 $25,000 $46,600 $1,650
2012 $21,600 $25,000 $46,600 $1,632
2011 $21,600 $25,000 $46,600 $1,620
2010 $21,600 $25,000 $46,600 $1,615
2009 $21,600 $25,000 $46,600 $1,634
2008 $21,600 $25,000 $46,600 $1,605
2007 $21,600 $25,000 $46,600 $1,589

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,247 sqft
Lot size
ZIP code
08015
City
Browns Mills
Street
Elm Ave
Coordinates
39.98395, -74.55482

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$171
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 550 Elm Ave last sell?
550 Elm Ave most recently sold on Jan 14, 2022 for $28,500.
What is the current tax assessment for 550 Elm Ave?
The most recent total assessment for 550 Elm Ave (year 2025) is $75,000 with $2,439 in property tax.
How does 550 Elm Ave's assessment compare to its last sale price?
The current assessment is 163.2% above the last sale price of $28,500.
When was 550 Elm Ave built?
550 Elm Ave was built in 1950.
How does 550 Elm Ave compare to others on Elm Ave?
We track 4 other properties on Elm Ave. Browse the list under "Other properties on Elm Ave" to compare beds, baths, and sale history.
What are the property facts for 550 Elm Ave?
550 Elm Ave is a 2 bed, 1 bath, 1,247 sqft single_family.
Is 550 Elm Ave a flip candidate?
No — 550 Elm Ave does not appear in our flips dataset.
Is 550 Elm Ave a tax-appeal candidate?
Yes — 550 Elm Ave 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
+2.4%
Implied 1-yr
+9.7%
2026 Q3
$350.6K
2026 Q4
$357.9K
ZIP 08015 — Median Price History + Forecast

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