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48 Gallop Ln

Franklin, NJ 08873

3 bd 3 ba Built 1998 townhomes
Most recent sale
$475,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $475,000 MLS #2211459R
Mar 27, 2022 Listed $419,900 MLS #2211459R
Sep 28, 2016 Sold $326,000 Public Record
Dec 9, 2008 Sold $363,000 Public Record
Dec 10, 2001 Sold $230,000 Public Record
Sep 30, 1997 Sold $154,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $380,900 $190,000 $570,900 $9,859
2024 $380,900 $190,000 $570,900 $8,124
2023 $260,600 $160,000 $420,600 $8,083
2022 $245,000 $115,000 $360,000 $7,300
2021 $245,000 $90,000 $335,000 $7,393
2020 $245,000 $80,000 $325,000 $7,341
2019 $250,300 $70,000 $320,300 $7,325
2018 $250,300 $70,000 $320,300 $7,398
2017 $250,300 $45,000 $295,300 $6,848
2016 $250,300 $45,000 $295,300 $6,907
2015 $250,300 $45,000 $295,300 $6,859
2014 $240,200 $45,000 $285,200 $6,525
2013 $240,200 $60,000 $300,200 $6,778
2012 $240,200 $70,000 $310,200 $6,740
2011 $240,200 $80,000 $320,200 $6,685
2010 $240,200 $110,000 $350,200 $6,580
2009 $240,200 $110,000 $350,200 $6,580
2008 $310,900 $42,000 $352,900 $6,959
2007 $310,900 $42,000 $352,900 $6,828

Property facts

Year built
1998
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
Lot size
ZIP code
08873
City
Franklin
Street
Gallop Ln
Coordinates
40.46122, -74.51176

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 48 Gallop Ln last sell?
48 Gallop Ln most recently sold on Jun 1, 2022 for $475,000.
What is the current tax assessment for 48 Gallop Ln?
The most recent total assessment for 48 Gallop Ln (year 2025) is $570,900 with $9,859 in property tax.
How does 48 Gallop Ln's assessment compare to its last sale price?
The current assessment is 20.2% above the last sale price of $475,000.
When was 48 Gallop Ln built?
48 Gallop Ln was built in 1998.
How does 48 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 48 Gallop Ln?
48 Gallop Ln is a 3 bed, 3 bath townhomes.
Is 48 Gallop Ln a flip candidate?
No — 48 Gallop Ln does not appear in our flips dataset.
Is 48 Gallop Ln a tax-appeal candidate?
Yes — 48 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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