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540 Cranbury Rd

East Brunswick, NJ 08816

2 bd 2 ba 1,496 sqft Built 2009 Lot 449 sqft condos
Most recent sale
$233,000
Feb 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 3, 2022 Sold $233,000 MLS #2204012R
Sep 14, 2021 Listed $240,000 MLS #2204012R
Sep 10, 2009 Sold $225,000 Public Record
Feb 28, 2009 Listing removed $313,000 AllJerseyMLS
Feb 26, 2009 Relisted $313,000 MLS #818803
Feb 21, 2009 Listing removed $313,000 AllJerseyMLS
Jul 22, 2008 Listed $313,000 MLS #818803

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $44,200 $15,000 $59,200 $7,436
2024 $44,200 $15,000 $59,200 $7,218
2023 $44,200 $15,000 $59,200 $7,003
2022 $44,200 $15,000 $59,200 $6,725
2021 $44,200 $15,000 $59,200 $6,527
2020 $44,200 $15,000 $59,200 $6,517
2019 $44,200 $15,000 $59,200 $6,445
2018 $44,200 $15,000 $59,200 $6,331
2017 $44,200 $15,000 $59,200 $6,225
2016 $44,200 $15,000 $59,200 $6,344
2015 $44,200 $15,000 $59,200 $5,945
2014 $44,200 $15,000 $59,200 $6,061
2013 $44,200 $15,000 $59,200 $5,841
2012 $44,200 $15,000 $59,200 $5,655
2011 $44,200 $15,000 $59,200 $5,540
2010 $44,200 $15,000 $59,200 $5,259
2009 $15,000 $15,000 $1,324
2008 $15,000 $15,000 $1,281
2007 $15,000 $15,000 $1,218

Property facts

Year built
2009
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,496 sqft
Lot size
449 sqft
ZIP code
08816
City
East Brunswick
Street
Cranbury Rd
Coordinates
40.41546, -74.41284

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
$2,244
Gross rental yield
11.56%
Implied cap rate
7.51%
Trend-extrapolated value

Frequently asked questions

When did 540 Cranbury Rd last sell?
540 Cranbury Rd most recently sold on Feb 3, 2022 for $233,000.
What is the current tax assessment for 540 Cranbury Rd?
The most recent total assessment for 540 Cranbury Rd (year 2025) is $59,200 with $7,436 in property tax.
How does 540 Cranbury Rd's assessment compare to its last sale price?
The current assessment is 74.6% below the last sale price of $233,000.
When was 540 Cranbury Rd built?
540 Cranbury Rd was built in 2009.
How does 540 Cranbury Rd compare to others on Cranbury Rd?
We track 8 other properties on Cranbury Rd. Browse the list under "Other properties on Cranbury Rd" to compare beds, baths, and sale history.
What are the property facts for 540 Cranbury Rd?
540 Cranbury Rd is a 2 bed, 2 bath, 1,496 sqft, 449 sqft lot condos.
Is 540 Cranbury Rd a flip candidate?
No — 540 Cranbury Rd does not appear in our flips dataset.
Is 540 Cranbury Rd a tax-appeal candidate?
No — 540 Cranbury Rd 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
-4.1%
Implied 1-yr
-16.5%
2026 Q3
$509.2K
2026 Q4
$480.6K
ZIP 08816 — Median Price History + Forecast

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