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31 Pear Tree Ln

Franklin Twp, NJ 08823

2 bd 3 ba 1,260 sqft Built 1987 townhomes
Most recent sale
$300,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2024 Sold $420,000 Public Record
Sep 14, 2024 Listed $400,000 GardenState
Sep 23, 2022 Sold $300,000 MLS #3793284
Jul 19, 2022 Price changed $299,000 MLS #3793284
Jul 1, 2022 Listed $310,000 MLS #3793284
May 16, 2012 Listing removed $1,475 GardenState
Jan 25, 2012 Listed for rent $1,475 GardenState
Feb 1, 1985 Sold $80,993 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $191,200 $165,000 $356,200 $6,151
2024 $191,200 $165,000 $356,200 $5,565
2023 $143,700 $145,000 $288,700 $5,548
2022 $143,700 $105,000 $248,700 $5,043
2021 $143,700 $80,000 $223,700 $4,937
2020 $143,700 $70,000 $213,700 $4,827
2019 $143,700 $70,000 $213,700 $4,887
2018 $143,700 $55,000 $198,700 $4,589
2017 $143,700 $55,000 $198,700 $4,607
2016 $143,700 $50,000 $193,700 $4,530
2015 $143,700 $60,000 $203,700 $4,731
2014 $143,700 $65,000 $208,700 $4,775
2013 $143,700 $65,000 $208,700 $4,712
2012 $143,700 $65,000 $208,700 $4,535
2011 $143,700 $75,000 $218,700 $4,566
2009 $143,700 $80,000 $223,700 $4,203
2008 $195,900 $47,500 $243,400 $4,799
2007 $195,900 $47,500 $243,400 $4,709

Property facts

Year built
1987
Property type
townhomes
Stories
Beds
2
Baths
3
Living area
1,260 sqft
Lot size
ZIP code
08823
City
Franklin Twp
Street
Pear Tree Ln
Coordinates
40.44126, -74.54829

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,890
Gross rental yield
7.56%
Implied cap rate
4.91%
Trend-extrapolated value

Frequently asked questions

When did 31 Pear Tree Ln last sell?
31 Pear Tree Ln most recently sold on Sep 23, 2022 for $300,000.
What is the current tax assessment for 31 Pear Tree Ln?
The most recent total assessment for 31 Pear Tree Ln (year 2025) is $356,200 with $6,151 in property tax.
How does 31 Pear Tree Ln's assessment compare to its last sale price?
The current assessment is 18.7% above the last sale price of $300,000.
When was 31 Pear Tree Ln built?
31 Pear Tree Ln was built in 1987.
How does 31 Pear Tree Ln compare to others on Pear Tree Ln?
We track 8 other properties on Pear Tree Ln. Browse the list under "Other properties on Pear Tree Ln" to compare beds, baths, and sale history.
What are the property facts for 31 Pear Tree Ln?
31 Pear Tree Ln is a 2 bed, 3 bath, 1,260 sqft townhomes.
Is 31 Pear Tree Ln a flip candidate?
No — 31 Pear Tree Ln does not appear in our flips dataset.
Is 31 Pear Tree Ln a tax-appeal candidate?
No — 31 Pear Tree Ln 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
+2.8%
Implied 1-yr
+11.4%
2026 Q1
$512.9K
2026 Q2
$525.2K
ZIP 08823 — Median Price History + Forecast

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