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7 Lexington Ave

Carteret, NJ 07008

5 bd 3 ba 2,354 sqft Built 1954 Lot 9,901 sqft single_family
Most recent sale
$526,000
Jan 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2022 Sold $526,000 MLS #2250250M
Nov 5, 2021 Price changed $525,000 MLS #2250250M
Sep 21, 2021 Price changed $574,999 MLS #2250250M
Aug 11, 2021 Listed $599,999 MLS #2250250M
Jan 30, 2017 Sold $300,000 Public Record
Sep 9, 2016 Listing removed $306,900 AllJerseyMLS
Sep 2, 2016 Listing removed $339,000 AllJerseyMLS
Aug 12, 2016 Listed $306,900 MLS #1702521
Jun 1, 2016 Listed $339,000 MLS #1623059
Apr 6, 2015 Listing removed $349,000 AllJerseyMLS
Aug 1, 1983 Sold $98,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $354,000 $366,000 $720,000 $11,289
2024 $354,000 $366,000 $720,000 $12,959
2023 $267,500 $139,000 $406,500 $12,625
2022 $209,500 $139,000 $348,500 $10,524
2021 $209,500 $139,000 $348,500 $10,413
2020 $209,500 $139,000 $348,500 $10,023
2019 $209,500 $139,000 $348,500 $9,734
2018 $209,500 $139,000 $348,500 $9,504
2017 $209,500 $139,000 $348,500 $9,166
2016 $211,700 $109,000 $320,700 $10,157
2015 $211,700 $109,000 $320,700 $10,009
2014 $211,700 $109,000 $320,700 $9,573
2013 $211,700 $109,000 $320,700 $9,435
2012 $211,700 $109,000 $320,700 $9,211
2011 $124,900 $50,900 $175,800 $9,386
2010 $124,900 $50,900 $175,800 $9,047
2009 $124,900 $50,900 $175,800 $9,078
2008 $124,900 $50,900 $175,800 $8,924
2007 $124,900 $50,900 $175,800 $8,737

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
2,354 sqft
Lot size
9,901 sqft
ZIP code
07008
City
Carteret
Street
Lexington Ave
Coordinates
40.58574, -74.22926

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,531
Gross rental yield
8.06%
Implied cap rate
5.24%
Trend-extrapolated value

Frequently asked questions

When did 7 Lexington Ave last sell?
7 Lexington Ave most recently sold on Jan 20, 2022 for $526,000.
What is the current tax assessment for 7 Lexington Ave?
The most recent total assessment for 7 Lexington Ave (year 2025) is $720,000 with $11,289 in property tax.
How does 7 Lexington Ave's assessment compare to its last sale price?
The current assessment is 36.9% above the last sale price of $526,000.
When was 7 Lexington Ave built?
7 Lexington Ave was built in 1954.
How does 7 Lexington Ave compare to others on Lexington Ave?
We track 3 other properties on Lexington Ave. Browse the list under "Other properties on Lexington Ave" to compare beds, baths, and sale history.
What are the property facts for 7 Lexington Ave?
7 Lexington Ave is a 5 bed, 3 bath, 2,354 sqft, 9,901 sqft lot single_family.
Is 7 Lexington Ave a flip candidate?
No — 7 Lexington Ave does not appear in our flips dataset.
Is 7 Lexington Ave a tax-appeal candidate?
Yes — 7 Lexington 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
+0.1%
Implied 1-yr
+0.3%
2026 Q2
$467.5K
2026 Q3
$467.8K
ZIP 07008 — Median Price History + Forecast

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