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40 Bowne Ave

Freehold, NJ 07728

2 bd 2 ba 1,539 sqft Built 1905 Lot 6,970 sqft multi_family
Most recent sale
$290,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $290,000 MLS #22131677
Sep 24, 2021 Listed $320,000 MLS #22131677
Sep 12, 2011 Listing removed $750 MoreMLS
Sep 3, 2011 Listed for rent $750 MoreMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $135,600 $225,500 $361,100 $7,240
2024 $135,600 $225,500 $361,100 $6,273
2023 $130,000 $162,000 $292,000 $6,123
2022 $118,400 $136,700 $255,100 $6,012
2021 $107,600 $113,900 $221,500 $5,810
2020 $102,600 $113,900 $216,500 $5,763
2019 $99,500 $113,900 $213,400 $5,655
2018 $97,700 $113,900 $211,600 $5,715
2017 $96,400 $113,900 $210,300 $5,703
2016 $84,000 $127,000 $211,000 $5,602
2015 $84,000 $133,200 $217,200 $5,503
2014 $84,000 $153,200 $237,200 $5,737
2013 $84,000 $153,200 $237,200 $5,557
2012 $84,000 $153,200 $237,200 $5,517
2011 $84,000 $153,200 $237,200 $5,479
2010 $84,000 $153,200 $237,200 $5,327
2009 $84,000 $153,200 $237,200 $5,235
2008 $84,000 $153,200 $237,200 $4,838
2007 $84,000 $153,200 $237,200 $4,838

Property facts

Year built
1905
Property type
multi_family
Stories
2
Beds
2
Baths
2
Living area
1,539 sqft
Lot size
6,970 sqft
ZIP code
07728
City
Freehold
Street
Bowne Ave
Coordinates
40.26085, -74.28321

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
$2,309
Gross rental yield
9.55%
Implied cap rate
6.21%
Trend-extrapolated value

Frequently asked questions

When did 40 Bowne Ave last sell?
40 Bowne Ave most recently sold on Apr 27, 2022 for $290,000.
What is the current tax assessment for 40 Bowne Ave?
The most recent total assessment for 40 Bowne Ave (year 2025) is $361,100 with $7,240 in property tax.
How does 40 Bowne Ave's assessment compare to its last sale price?
The current assessment is 24.5% above the last sale price of $290,000.
When was 40 Bowne Ave built?
40 Bowne Ave was built in 1905.
How does 40 Bowne Ave compare to others on Bowne Ave?
We track 8 other properties on Bowne Ave. Browse the list under "Other properties on Bowne Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Bowne Ave?
40 Bowne Ave is a 2 bed, 2 bath, 1,539 sqft, 6,970 sqft lot multi_family.
Is 40 Bowne Ave a flip candidate?
No — 40 Bowne Ave does not appear in our flips dataset.
Is 40 Bowne Ave a tax-appeal candidate?
Yes — 40 Bowne 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
+0.5%
Implied 1-yr
+1.8%
2026 Q3
$570K
2026 Q4
$572.6K
ZIP 07728 — Median Price History + Forecast

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