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428 Tappan St

Forked River, NJ 08731

3 bd 2 ba 1,541 sqft Built 1987 Lot 8,002 sqft single_family
Most recent sale
$400,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $400,000 MLS #NJOC2011468
Jul 8, 2022 Listed $389,900 MLS #NJOC2011468
Jan 31, 2001 Sold $143,000 Public Record
May 12, 1988 Sold $129,900 Public Record
Mar 27, 1987 Sold $40,000 Public Record
Jun 6, 1986 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $144,500 $76,000 $220,500 $6,030
2024 $144,500 $76,000 $220,500 $5,587
2023 $144,500 $76,000 $220,500 $5,223
2022 $144,500 $76,000 $220,500 $4,989
2021 $144,500 $76,000 $220,500 $4,906
2020 $144,500 $76,000 $220,500 $4,750
2019 $144,500 $76,000 $220,500 $4,666
2018 $144,500 $76,000 $220,500 $4,611
2017 $144,500 $76,000 $220,500 $4,505
2016 $144,500 $76,000 $220,500 $4,487
2015 $144,500 $76,000 $220,500 $4,287
2014 $143,500 $111,000 $254,500 $4,377
2013 $143,500 $111,000 $254,500 $4,192
2012 $143,500 $111,000 $254,500 $3,884
2010 $143,500 $111,000 $254,500 $3,650
2009 $143,500 $111,000 $254,500 $3,594
2007 $96,400 $28,000 $124,400 $4,123

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,541 sqft
Lot size
8,002 sqft
ZIP code
08731
City
Forked River
Street
Tappan St
Coordinates
39.84777, -74.20258

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
$2,312
Gross rental yield
6.94%
Implied cap rate
4.51%
Trend-extrapolated value

Frequently asked questions

When did 428 Tappan St last sell?
428 Tappan St most recently sold on Aug 22, 2022 for $400,000.
What is the current tax assessment for 428 Tappan St?
The most recent total assessment for 428 Tappan St (year 2025) is $220,500 with $6,030 in property tax.
How does 428 Tappan St's assessment compare to its last sale price?
The current assessment is 44.9% below the last sale price of $400,000.
When was 428 Tappan St built?
428 Tappan St was built in 1987.
How does 428 Tappan St compare to others on Tappan St?
We track 8 other properties on Tappan St. Browse the list under "Other properties on Tappan St" to compare beds, baths, and sale history.
What are the property facts for 428 Tappan St?
428 Tappan St is a 3 bed, 2 bath, 1,541 sqft, 8,002 sqft lot single_family.
Is 428 Tappan St a flip candidate?
No — 428 Tappan St does not appear in our flips dataset.
Is 428 Tappan St a tax-appeal candidate?
No — 428 Tappan 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
+0.5%
Implied 1-yr
+1.9%
2026 Q3
$579.3K
2026 Q4
$581.9K
ZIP 08731 — Median Price History + Forecast

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