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20 Gallop Ln

Franklin, NJ 08873

3 bd 3 ba 1,834 sqft Built 1997 townhomes
Most recent sale
$410,000
Nov 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2021 Sold $410,000 MLS #2205773R
Oct 22, 2021 Listed $400,000 MLS #2205773R
Apr 12, 2002 Sold $223,000 Public Record
Feb 4, 1997 Sold $149,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $336,300 $190,000 $526,300 $9,089
2024 $336,300 $190,000 $526,300 $7,960
2023 $251,500 $160,000 $411,500 $7,909
2022 $251,500 $115,000 $366,500 $7,432
2021 $251,500 $90,000 $341,500 $7,537
2020 $251,500 $80,000 $331,500 $7,488
2019 $256,800 $70,000 $326,800 $7,473
2018 $256,800 $70,000 $326,800 $7,549
2017 $256,800 $45,000 $301,800 $6,998
2016 $256,800 $45,000 $301,800 $7,059
2015 $256,800 $45,000 $301,800 $7,010
2014 $256,800 $45,000 $301,800 $6,905
2013 $256,800 $60,000 $316,800 $7,153
2012 $256,800 $70,000 $326,800 $7,101
2011 $256,800 $80,000 $336,800 $7,032
2010 $256,800 $110,000 $366,800 $6,892
2009 $256,800 $110,000 $366,800 $6,892
2008 $313,800 $42,000 $355,800 $7,016
2007 $313,800 $42,000 $355,800 $6,884

Property facts

Year built
1997
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,834 sqft
Lot size
ZIP code
08873
City
Franklin
Street
Gallop Ln
Coordinates
40.46035, -74.50963

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
$2,751
Gross rental yield
8.05%
Implied cap rate
5.23%
Trend-extrapolated value

Frequently asked questions

When did 20 Gallop Ln last sell?
20 Gallop Ln most recently sold on Nov 22, 2021 for $410,000.
What is the current tax assessment for 20 Gallop Ln?
The most recent total assessment for 20 Gallop Ln (year 2025) is $526,300 with $9,089 in property tax.
How does 20 Gallop Ln's assessment compare to its last sale price?
The current assessment is 28.4% above the last sale price of $410,000.
When was 20 Gallop Ln built?
20 Gallop Ln was built in 1997.
How does 20 Gallop Ln compare to others on Gallop Ln?
We track 3 other properties on Gallop Ln. Browse the list under "Other properties on Gallop Ln" to compare beds, baths, and sale history.
What are the property facts for 20 Gallop Ln?
20 Gallop Ln is a 3 bed, 3 bath, 1,834 sqft townhomes.
Is 20 Gallop Ln a flip candidate?
No — 20 Gallop Ln does not appear in our flips dataset.
Is 20 Gallop Ln a tax-appeal candidate?
Yes — 20 Gallop Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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