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40 Spencer St

Edison, NJ 08817

3 bd 3 ba 1,176 sqft Built 1962 Lot 7,501 sqft single_family
Most recent sale
$335,000
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 22, 2023 Sold $510,000 AllJerseyMLS
Feb 2, 2023 Listed $499,000 AllJerseyMLS
Feb 1, 2023 Listed $499,000 GardenState
Jul 21, 2022 Sold $335,000 MLS #3777197
Apr 25, 2022 Listed $335,000 MLS #NJMX2002220
Apr 23, 2022 Listed $335,000 MLS #2251354M
Aug 29, 2017 Listing removed $269,900 AllJerseyMLS
Jul 16, 2017 Price changed $269,900 MLS #1718621
Jun 7, 2017 Price changed $299,900 MLS #1718621
May 16, 2017 Listed $319,900 MLS #1718621

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $88,500 $87,500 $176,000 $10,473
2024 $88,500 $87,500 $176,000 $10,477
2023 $66,900 $87,500 $154,400 $9,142
2022 $66,900 $87,500 $154,400 $9,145
2021 $66,900 $87,500 $154,400 $9,114
2020 $66,900 $87,500 $154,400 $9,030
2019 $66,900 $87,500 $154,400 $8,689
2018 $66,900 $87,500 $154,400 $8,479
2017 $66,900 $87,500 $154,400 $8,300
2016 $66,900 $87,500 $154,400 $8,146
2015 $66,900 $87,500 $154,400 $7,334
2014 $66,900 $87,500 $154,400 $7,605
2013 $66,900 $87,500 $154,400 $7,398
2012 $66,900 $87,500 $154,400 $7,301
2011 $66,900 $87,500 $154,400 $7,225
2010 $66,900 $87,500 $154,400 $6,857
2009 $66,900 $87,500 $154,400 $6,185
2008 $66,900 $87,500 $154,400 $5,895
2007 $66,900 $87,500 $154,400 $5,537

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,176 sqft
Lot size
7,501 sqft
ZIP code
08817
City
Edison
Street
Spencer St
Coordinates
40.50594, -74.40446

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,764
Gross rental yield
6.32%
Implied cap rate
4.11%
Trend-extrapolated value

Frequently asked questions

When did 40 Spencer St last sell?
40 Spencer St most recently sold on Jul 21, 2022 for $335,000.
What is the current tax assessment for 40 Spencer St?
The most recent total assessment for 40 Spencer St (year 2025) is $176,000 with $10,473 in property tax.
How does 40 Spencer St's assessment compare to its last sale price?
The current assessment is 47.5% below the last sale price of $335,000.
When was 40 Spencer St built?
40 Spencer St was built in 1962.
How does 40 Spencer St compare to others on Spencer St?
We track 1 other property on Spencer St. Browse the list under "Other properties on Spencer St" to compare beds, baths, and sale history.
What are the property facts for 40 Spencer St?
40 Spencer St is a 3 bed, 3 bath, 1,176 sqft, 7,501 sqft lot single_family.
Is 40 Spencer St a flip candidate?
Yes — 40 Spencer St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40 Spencer St a tax-appeal candidate?
No — 40 Spencer 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
+0.4%
Implied 1-yr
+1.6%
2026 Q3
$566.4K
2026 Q4
$568.6K
ZIP 08817 — Median Price History + Forecast

Explore nearby

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