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361 Point Ave

Franklin, NJ 08873

4 bd 3 ba 2,480 sqft Built 2021 Lot 16,000 sqft single_family
Most recent sale
$610,000
Mar 21, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 21, 2024 Sold $610,000 Public Record
Mar 19, 2024 Sold $610,000 CJMLS
Mar 2, 2022 Listed $580,000 MLS #2150172M
Apr 2, 2021 Listing removed GardenState
Mar 18, 2021 Listed $580,000 MLS #3698768
Oct 10, 2017 Sold $85,000 Public Record
Jul 27, 2017 Listing removed $119,900 GardenState
Dec 1, 2016 Price changed $119,900 MLS #3311017
Sep 29, 2016 Price changed $129,900 MLS #3311017
Aug 2, 2016 Price changed $139,900 MLS #3311017
Jun 1, 2016 Listed $150,000 MLS #3311017
May 17, 2016 Listing removed $150,000 GardenState
Nov 16, 2015 Listed $150,000 MLS #3266675
Nov 3, 2015 Listing removed $150,000 GardenState
Feb 2, 2015 Listed $150,000 MLS #3195810
Sep 24, 2007 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $549,200 $256,100 $805,300 $14,181
2024 $549,200 $256,100 $805,300 $5,394
2023 $40,000 $226,100 $266,100 $5,162
2022 $20,000 $166,100 $186,100 $3,811
2021 $5,000 $136,100 $141,100 $3,145
2020 $5,000 $121,100 $126,100 $2,884
2019 $106,100 $106,100 $2,459
2018 $86,100 $86,100 $2,016
2017 $81,100 $81,100 $1,907
2016 $78,100 $78,100 $1,852
2015 $79,100 $79,100 $1,863
2014 $80,100 $80,100 $1,858
2013 $81,100 $81,100 $1,856
2012 $91,100 $91,100 $2,014
2011 $111,100 $111,100 $2,360
2010 $111,100 $111,100 $2,556
2009 $136,100 $136,100 $2,555

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,480 sqft
Lot size
16,000 sqft
ZIP code
08873
City
Franklin
Street
Point Ave
Coordinates
40.49262, -74.49230

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,720
Gross rental yield
7.32%
Implied cap rate
4.76%
Trend-extrapolated value

Frequently asked questions

When did 361 Point Ave last sell?
361 Point Ave most recently sold on Mar 21, 2024 for $610,000.
What is the current tax assessment for 361 Point Ave?
The most recent total assessment for 361 Point Ave (year 2025) is $805,300 with $14,181 in property tax.
How does 361 Point Ave's assessment compare to its last sale price?
The current assessment is 32.0% above the last sale price of $610,000.
When was 361 Point Ave built?
361 Point Ave was built in 2021.
How does 361 Point Ave compare to others on Point Ave?
We track 3 other properties on Point Ave. Browse the list under "Other properties on Point Ave" to compare beds, baths, and sale history.
What are the property facts for 361 Point Ave?
361 Point Ave is a 4 bed, 3 bath, 2,480 sqft, 16,000 sqft lot single_family.
Is 361 Point Ave a flip candidate?
No — 361 Point Ave does not appear in our flips dataset.
Is 361 Point Ave a tax-appeal candidate?
Yes — 361 Point Ave 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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