507 South Ave
Dunellen, NJ 08812
3 bd 2 ba 1,592 sqft Built 1985 Lot 3,036 sqft single_family
Most recent sale
$409,900
May 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2022 | Sold | $409,900 | MLS #2210016R |
| Mar 18, 2022 | Price changed | $400,000 | MLS #2210016R |
| Feb 24, 2022 | Listed | $430,000 | MLS #2210016R |
| Apr 11, 2017 | Listing removed | $2,300 | AllJerseyMLS |
| Feb 26, 2017 | Price changed for rent | $2,300 | GardenState |
| Jan 17, 2017 | Listed for rent | $2,500 | GardenState |
| Aug 18, 2009 | Sold | $220,000 | Public Record |
| Feb 21, 2009 | Listing removed | $289,000 | GardenState |
| Feb 18, 2009 | Relisted | $289,000 | MLS #2543468 |
| Jan 31, 2009 | Listing removed | $289,000 | GardenState |
| Jul 1, 2008 | Listed | $299,000 | MLS #2543468 |
| Jun 21, 1993 | Sold | $152,500 | Public Record |
| Feb 1, 1985 | Sold | $83,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $333,500 | $91,900 | $425,400 | $10,413 |
| 2024 | $333,500 | $91,900 | $425,400 | $10,596 |
| 2023 | $330,600 | $91,900 | $422,500 | $11,441 |
| 2022 | $330,600 | $91,900 | $422,500 | $11,665 |
| 2021 | $224,800 | $91,900 | $316,700 | $9,843 |
| 2020 | $193,200 | $87,900 | $281,100 | $9,130 |
| 2019 | $193,200 | $87,900 | $281,100 | $8,723 |
| 2018 | $48,500 | $18,700 | $67,200 | $9,076 |
| 2017 | $48,500 | $18,700 | $67,200 | $8,709 |
| 2016 | $48,500 | $18,700 | $67,200 | $8,391 |
| 2015 | $48,500 | $18,700 | $67,200 | $8,182 |
| 2014 | $48,500 | $18,700 | $67,200 | $8,009 |
| 2013 | $48,500 | $18,700 | $67,200 | $7,910 |
| 2012 | $48,500 | $18,700 | $67,200 | $7,910 |
| 2011 | $48,500 | $18,700 | $67,200 | $7,800 |
| 2010 | $48,500 | $18,700 | $67,200 | $7,592 |
| 2009 | $48,500 | $18,700 | $67,200 | $7,313 |
| 2008 | $48,500 | $18,700 | $67,200 | $7,209 |
| 2007 | $48,500 | $18,700 | $67,200 | $6,928 |
Property facts
Year built
1985
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,592 sqft
Lot size
3,036 sqft
ZIP code
08812
City
Dunellen
Street
South Ave
Coordinates
40.58807, -74.46511
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,388
Gross rental yield
6.99%
Implied cap rate
4.54%
Trend-extrapolated value
—
Frequently asked questions
When did 507 South Ave last sell?
507 South Ave most recently sold on May 20, 2022 for $409,900.
What is the current tax assessment for 507 South Ave?
The most recent total assessment for 507 South Ave (year 2025) is $425,400 with $10,413 in property tax.
How does 507 South Ave's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $409,900.
When was 507 South Ave built?
507 South Ave was built in 1985.
How does 507 South Ave compare to others on South Ave?
We track 7 other properties on South Ave. Browse the list under "Other properties on South Ave" to compare beds, baths, and sale history.
What are the property facts for 507 South Ave?
507 South Ave is a 3 bed, 2 bath, 1,592 sqft, 3,036 sqft lot single_family.
Is 507 South Ave a flip candidate?
No — 507 South Ave does not appear in our flips dataset.
Is 507 South Ave a tax-appeal candidate?
No — 507 South Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$691.6K
2026 Q4
$707.9K
ZIP 08812 — Median Price History + Forecast
Explore nearby
Geography
Other properties on South Ave