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98 Prospect St

Franklin, NJ 08873

3 bd 3 ba 2,295 sqft Built 1987 Lot 6,970 sqft duplex_triplex
Most recent sale
$419,000
Jan 31, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2023 Sold $419,000 CJMLS
Dec 4, 2022 Listing removed GardenState
Nov 9, 2022 Price changed $399,000 CJMLS
Nov 8, 2022 Price changed $399,000 GardenState
Oct 5, 2022 Listed $419,000 MLS #2304346R
Oct 4, 2022 Listed $419,000 MLS #3810907
Sep 23, 2022 Listing removed $439,000 CJMLS
Sep 22, 2022 Listing removed GardenState
Aug 12, 2022 Price changed $439,000 MLS #2301966R
Aug 11, 2022 Listed $460,000 MLS #2301966R
Aug 11, 2022 Price changed $439,000 MLS #3801335
Aug 10, 2022 Listed $460,000 MLS #3801335
Jul 15, 2022 Listing removed $350,000 CJMLS
Jul 14, 2022 Listing removed GardenState
Jul 10, 2022 Listed $350,000 MLS #2300401R
Jul 9, 2022 Listed $350,000 MLS #3794906
Dec 22, 2003 Sold $240,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $226,200 $183,900 $410,100 $7,221
2024 $226,200 $183,900 $410,100 $6,996
2023 $170,100 $187,000 $357,100 $6,927
2022 $170,100 $167,000 $337,100 $6,903
2021 $170,100 $127,000 $297,100 $6,622
2020 $170,100 $122,000 $292,100 $6,680
2019 $170,100 $117,000 $287,100 $6,655
2018 $170,100 $92,000 $262,100 $6,138
2017 $170,100 $82,000 $252,100 $5,927
2016 $170,100 $84,000 $254,100 $6,025
2015 $170,100 $85,000 $255,100 $6,008
2014 $170,100 $86,000 $256,100 $5,942
2013 $170,100 $87,000 $257,100 $5,882
2012 $170,100 $92,000 $262,100 $5,795
2011 $170,100 $97,000 $267,100 $5,673
2010 $170,100 $118,900 $289,000 $5,897
2009 $170,100 $143,900 $314,000 $6,417
2008 $189,300 $135,800 $325,100 $6,417
2007 $189,300 $135,800 $325,100 $6,264

Property facts

Year built
1987
Property type
duplex_triplex
Stories
2
Beds
3
Baths
3
Living area
2,295 sqft
Lot size
6,970 sqft
ZIP code
08873
City
Franklin
Street
Prospect St
Coordinates
40.49179, -74.46929

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,443
Gross rental yield
9.86%
Implied cap rate
6.41%
Trend-extrapolated value

Frequently asked questions

When did 98 Prospect St last sell?
98 Prospect St most recently sold on Jan 31, 2023 for $419,000.
What is the current tax assessment for 98 Prospect St?
The most recent total assessment for 98 Prospect St (year 2025) is $410,100 with $7,221 in property tax.
How does 98 Prospect St's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $419,000.
When was 98 Prospect St built?
98 Prospect St was built in 1987.
How does 98 Prospect St compare to others on Prospect St?
We do not currently track other properties on Prospect St.
What are the property facts for 98 Prospect St?
98 Prospect St is a 3 bed, 3 bath, 2,295 sqft, 6,970 sqft lot duplex_triplex.
Is 98 Prospect St a flip candidate?
No — 98 Prospect St does not appear in our flips dataset.
Is 98 Prospect St a tax-appeal candidate?
No — 98 Prospect St 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
-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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