16 Lyon Ln
Franklin, NJ 08823
2 bd 3 ba 1,466 sqft Built 1986 townhomes
Most recent sale
$320,000
Jan 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 27, 2022 | Sold | $320,000 | MLS #2207247R |
| Nov 30, 2021 | Listed | $300,000 | MLS #2207247R |
| Mar 11, 2019 | Sold | $255,000 | Public Record |
| Dec 2, 2016 | Sold | $236,000 | Public Record |
| Jan 5, 1987 | Sold | $132,900 | Public Record |
| Nov 26, 1986 | Sold | $106,041 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $229,900 | $160,000 | $389,900 | $6,733 |
| 2024 | $229,900 | $160,000 | $389,900 | $6,000 |
| 2023 | $172,800 | $130,000 | $302,800 | $5,819 |
| 2022 | $172,800 | $90,000 | $262,800 | $5,329 |
| 2021 | $172,800 | $80,000 | $252,800 | $5,579 |
| 2020 | $172,800 | $70,000 | $242,800 | $5,485 |
| 2019 | $172,800 | $60,000 | $232,800 | $5,324 |
| 2018 | $167,900 | $50,000 | $217,900 | $5,033 |
| 2017 | $167,900 | $35,000 | $202,900 | $4,705 |
| 2016 | $167,900 | $30,000 | $197,900 | $4,629 |
| 2015 | $167,900 | $30,000 | $197,900 | $4,597 |
| 2014 | $167,900 | $30,000 | $197,900 | $4,528 |
| 2013 | $167,900 | $30,000 | $197,900 | $4,469 |
| 2012 | $167,900 | $50,000 | $217,900 | $4,735 |
| 2011 | $167,900 | $60,000 | $227,900 | $4,759 |
| 2010 | $167,900 | $60,000 | $227,900 | $4,470 |
| 2009 | $167,900 | $70,000 | $237,900 | $5,153 |
| 2008 | $213,800 | $47,500 | $261,300 | $5,152 |
| 2007 | $213,800 | $47,500 | $261,300 | $5,056 |
Property facts
Year built
1986
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,466 sqft
Lot size
—
ZIP code
08823
City
Franklin
Street
Lyon Ln
Coordinates
40.43828, -74.54525
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,199
Gross rental yield
8.25%
Implied cap rate
5.36%
Trend-extrapolated value
—
Frequently asked questions
When did 16 Lyon Ln last sell?
16 Lyon Ln most recently sold on Jan 27, 2022 for $320,000.
What is the current tax assessment for 16 Lyon Ln?
The most recent total assessment for 16 Lyon Ln (year 2025) is $389,900 with $6,733 in property tax.
How does 16 Lyon Ln's assessment compare to its last sale price?
The current assessment is 21.8% above the last sale price of $320,000.
When was 16 Lyon Ln built?
16 Lyon Ln was built in 1986.
How does 16 Lyon Ln compare to others on Lyon Ln?
We track 3 other properties on Lyon Ln. Browse the list under "Other properties on Lyon Ln" to compare beds, baths, and sale history.
What are the property facts for 16 Lyon Ln?
16 Lyon Ln is a 2 bed, 3 bath, 1,466 sqft townhomes.
Is 16 Lyon Ln a flip candidate?
No — 16 Lyon Ln does not appear in our flips dataset.
Is 16 Lyon Ln a tax-appeal candidate?
Yes — 16 Lyon 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 valuationQuarterly trend
+2.8%
Implied 1-yr
+11.4%
2026 Q1
$512.9K
2026 Q2
$525.2K
ZIP 08823 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lyon Ln