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721 Walnut St

Dunellen, NJ 08812

4 bd 3 ba 2,800 sqft Built 1993 Lot 5,998 sqft single_family
Most recent sale
$508,500
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2021 Sold $508,500 MLS #2206227R
Nov 3, 2021 Listing removed $449,900 AllJerseyMLS
Nov 2, 2021 Listing removed $449,900 AllJerseyMLS
Nov 2, 2021 Listed $449,900 MLS #3749733
Oct 29, 2021 Listing removed $449,900 AllJerseyMLS
Sep 16, 2021 Listed $449,900 MLS #2204081R
May 9, 2018 Sold $350,000 Public Record
Mar 30, 2018 Listing removed $337,000 AllJerseyMLS
Mar 16, 2018 Listed $337,000 MLS #1821157
Mar 15, 2018 Listed $337,000 MLS #3453864
Jul 29, 2011 Listing removed $375,000 GardenState
May 24, 2011 Listed $375,000 MLS #2860434
Sep 12, 2005 Sold $397,000 Public Record
Jun 30, 1998 Sold $175,000 Public Record
Aug 3, 1994 Sold $175,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $399,500 $93,600 $493,100 $12,071
2024 $399,500 $93,600 $493,100 $12,171
2023 $389,500 $93,600 $483,100 $13,082
2022 $389,500 $93,600 $483,100 $13,338
2021 $314,400 $93,600 $408,000 $12,681
2020 $287,700 $90,000 $377,700 $12,268
2019 $287,700 $90,000 $377,700 $11,720
2018 $50,800 $21,900 $72,700 $9,819
2017 $50,800 $21,900 $72,700 $9,422
2016 $50,800 $21,900 $72,700 $9,078
2015 $50,800 $21,900 $72,700 $8,852
2014 $50,800 $21,900 $72,700 $8,664
2013 $50,800 $21,900 $72,700 $8,558
2012 $50,800 $21,900 $72,700 $8,558
2011 $50,800 $21,900 $72,700 $8,438
2010 $50,800 $21,900 $72,700 $8,213
2009 $50,800 $21,900 $72,700 $7,912
2008 $50,800 $21,900 $72,700 $7,799
2007 $50,800 $21,900 $72,700 $7,495

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,800 sqft
Lot size
5,998 sqft
ZIP code
08812
City
Dunellen
Street
Walnut St
Coordinates
40.58528, -74.46558

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
$4,200
Gross rental yield
9.91%
Implied cap rate
6.44%
Trend-extrapolated value

Frequently asked questions

When did 721 Walnut St last sell?
721 Walnut St most recently sold on Dec 15, 2021 for $508,500.
What is the current tax assessment for 721 Walnut St?
The most recent total assessment for 721 Walnut St (year 2025) is $493,100 with $12,071 in property tax.
How does 721 Walnut St's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $508,500.
When was 721 Walnut St built?
721 Walnut St was built in 1993.
How does 721 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 721 Walnut St?
721 Walnut St is a 4 bed, 3 bath, 2,800 sqft, 5,998 sqft lot single_family.
Is 721 Walnut St a flip candidate?
No — 721 Walnut St does not appear in our flips dataset.
Is 721 Walnut St a tax-appeal candidate?
No — 721 Walnut St 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
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$691.6K
2026 Q4
$707.9K
ZIP 08812 — Median Price History + Forecast

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