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2205 Conrad Way

Franklin Twp, NJ 08873

2 bd 2 ba 1,781 sqft Built 2005 condos
Most recent sale
$425,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $425,000 Public Record
Oct 7, 2022 Sold $425,000 MLS #3806026
Sep 7, 2022 Listed $399,000 MLS #3806026
Dec 20, 2016 Sold $292,000 Public Record
Aug 29, 2016 Listed $305,000 MLS #3332057
Aug 14, 2016 Price changed $309,000 MLS #3284824
Aug 12, 2016 Price changed $309,001 MLS #3284824
May 14, 2016 Price changed $309,000 MLS #3284824
Mar 9, 2016 Price changed $318,000 MLS #3284824
Feb 26, 2016 Listed $322,500 MLS #3284824
May 26, 2005 Sold $291,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $318,800 $84,000 $402,800 $7,004
2024 $318,800 $84,000 $402,800 $6,350
2023 $237,300 $105,000 $342,300 $6,609
2022 $237,300 $77,000 $314,300 $6,405
2021 $237,300 $63,000 $300,300 $6,652
2020 $237,300 $59,500 $296,800 $6,720
2019 $237,300 $49,000 $286,300 $6,591
2018 $237,300 $42,000 $279,300 $6,497
2017 $237,300 $49,000 $286,300 $6,682
2016 $237,300 $49,000 $286,300 $6,731
2015 $237,300 $35,000 $272,300 $6,358
2014 $237,300 $24,500 $261,800 $6,027
2013 $237,300 $24,500 $261,800 $5,919
2012 $237,300 $28,000 $265,300 $5,810
2011 $237,300 $38,500 $275,800 $5,803
2010 $237,300 $42,000 $279,300 $5,317
2009 $237,300 $49,000 $286,300 $5,750
2008 $234,700 $60,000 $294,700 $5,749
2007 $234,700 $60,000 $294,700 $5,637

Property facts

Year built
2005
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,781 sqft
Lot size
ZIP code
08873
City
Franklin Twp
Street
Conrad Way
Coordinates
40.52717, -74.54114

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
$2,672
Gross rental yield
7.54%
Implied cap rate
4.90%
Trend-extrapolated value

Frequently asked questions

When did 2205 Conrad Way last sell?
2205 Conrad Way most recently sold on Oct 14, 2022 for $425,000.
What is the current tax assessment for 2205 Conrad Way?
The most recent total assessment for 2205 Conrad Way (year 2025) is $402,800 with $7,004 in property tax.
How does 2205 Conrad Way's assessment compare to its last sale price?
The current assessment is 5.2% below the last sale price of $425,000.
When was 2205 Conrad Way built?
2205 Conrad Way was built in 2005.
How does 2205 Conrad Way compare to others on Conrad Way?
We track 8 other properties on Conrad Way. Browse the list under "Other properties on Conrad Way" to compare beds, baths, and sale history.
What are the property facts for 2205 Conrad Way?
2205 Conrad Way is a 2 bed, 2 bath, 1,781 sqft condos.
Is 2205 Conrad Way a flip candidate?
No — 2205 Conrad Way does not appear in our flips dataset.
Is 2205 Conrad Way a tax-appeal candidate?
No — 2205 Conrad Way 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
-0.6%
Implied 1-yr
-2.3%
2026 Q3
$505.9K
2026 Q4
$502.8K
ZIP 08873 — Median Price History + Forecast

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