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240 Center Rd

Elmer, NJ 08318

2 bd 1 ba 1,056 sqft Built 1955 Lot 62,291 sqft single_family
Most recent sale
$169,500
Dec 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2021 Sold $169,500 MLS #NJCB132524
Apr 28, 2021 Listed $159,000 MLS #NJCB132524

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $91,900 $43,500 $135,400 $4,458
2024 $91,900 $43,500 $135,400 $4,530
2023 $91,900 $43,500 $135,400 $4,530
2022 $91,900 $43,500 $135,400 $4,504
2021 $91,900 $43,500 $135,400 $4,514
2020 $91,900 $43,500 $135,400 $4,361
2019 $91,900 $43,500 $135,400 $4,231
2018 $91,900 $43,500 $135,400 $4,099
2017 $91,900 $43,500 $135,400 $3,932
2016 $91,900 $43,500 $135,400 $3,838
2015 $91,900 $43,500 $135,400 $3,846
2014 $91,900 $43,500 $135,400 $3,581
2013 $91,900 $43,500 $135,400 $3,449
2012 $91,900 $43,500 $135,400 $3,380
2011 $51,400 $23,500 $74,900 $2,836
2010 $51,400 $23,500 $74,900 $2,783
2009 $51,400 $23,500 $74,900 $2,831
2008 $51,400 $23,500 $74,900 $2,833
2007 $51,400 $23,500 $74,900 $2,645

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,056 sqft
Lot size
62,291 sqft
ZIP code
08318
City
Elmer
Street
Center Rd
Coordinates
39.53191, -75.26089

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
$1,584
Gross rental yield
11.21%
Implied cap rate
7.29%
Trend-extrapolated value

Frequently asked questions

When did 240 Center Rd last sell?
240 Center Rd most recently sold on Dec 16, 2021 for $169,500.
What is the current tax assessment for 240 Center Rd?
The most recent total assessment for 240 Center Rd (year 2025) is $135,400 with $4,458 in property tax.
How does 240 Center Rd's assessment compare to its last sale price?
The current assessment is 20.1% below the last sale price of $169,500.
When was 240 Center Rd built?
240 Center Rd was built in 1955.
How does 240 Center Rd compare to others on Center Rd?
We track 8 other properties on Center Rd. Browse the list under "Other properties on Center Rd" to compare beds, baths, and sale history.
What are the property facts for 240 Center Rd?
240 Center Rd is a 2 bed, 1 bath, 1,056 sqft, 62,291 sqft lot single_family.
Is 240 Center Rd a flip candidate?
No — 240 Center Rd does not appear in our flips dataset.
Is 240 Center Rd a tax-appeal candidate?
No — 240 Center 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
+2.1%
Implied 1-yr
+8.4%
2026 Q2
$313.5K
2026 Q3
$319.3K
ZIP 08318 — Median Price History + Forecast

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