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1016 3rd St

Florence, NJ 08518

3 bd 1,718 sqft Built 1910 Lot 3,450 sqft multi_family
Most recent sale
$225,000
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Listed $325,000 BrightMLS
Sep 22, 2022 Sold $225,000 MLS #NJBL2028628
Jun 25, 2022 Listed $225,000 MLS #NJBL2028628
Jun 23, 2005 Sold $130,000 Public Record
May 13, 1986 Sold $51,200 Public Record
Jul 1, 1980 Sold $24,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $143,100 $38,400 $181,500 $5,601
2024 $143,100 $38,400 $181,500 $4,520
2023 $98,700 $38,400 $137,100 $3,657
2022 $98,700 $38,400 $137,100 $3,579
2021 $98,700 $38,400 $137,100 $3,548
2020 $98,700 $38,400 $137,100 $3,534
2019 $98,700 $38,400 $137,100 $3,503
2018 $98,700 $38,400 $137,100 $3,473
2017 $98,700 $38,400 $137,100 $3,430
2016 $98,700 $38,400 $137,100 $3,364
2015 $108,700 $42,700 $151,400 $3,640
2014 $108,700 $42,700 $151,400 $3,538
2013 $108,700 $42,700 $151,400 $3,618
2012 $108,700 $42,700 $151,400 $3,558
2011 $108,700 $42,700 $151,400 $3,453
2010 $108,700 $42,700 $151,400 $3,347
2009 $57,700 $30,000 $87,700 $3,624
2008 $57,700 $30,000 $87,700 $3,596
2007 $57,700 $30,000 $87,700 $3,506

Property facts

Year built
1910
Property type
multi_family
Stories
Beds
3
Baths
Living area
1,718 sqft
Lot size
3,450 sqft
ZIP code
08518
City
Florence
Street
3rd St
Coordinates
40.12241, -74.81887

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
$2,577
Gross rental yield
13.74%
Implied cap rate
8.93%
Trend-extrapolated value

Frequently asked questions

When did 1016 3rd St last sell?
1016 3rd St most recently sold on Sep 22, 2022 for $225,000.
What is the current tax assessment for 1016 3rd St?
The most recent total assessment for 1016 3rd St (year 2025) is $181,500 with $5,601 in property tax.
How does 1016 3rd St's assessment compare to its last sale price?
The current assessment is 19.3% below the last sale price of $225,000.
When was 1016 3rd St built?
1016 3rd St was built in 1910.
How does 1016 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 1016 3rd St?
1016 3rd St is a 3 bed, 1,718 sqft, 3,450 sqft lot multi_family.
Is 1016 3rd St a flip candidate?
No — 1016 3rd St does not appear in our flips dataset.
Is 1016 3rd St a tax-appeal candidate?
No — 1016 3rd 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
-6.2%
Implied 1-yr
-24.9%
2026 Q3
$142.5K
2026 Q4
$142.5K
ZIP 08518 — Median Price History + Forecast

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