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313 Spruce Ave

Garwood, NJ 07027

4 bd 2 ba 2,200 sqft Built 1924 Lot 3,920 sqft multi_family
Most recent sale
$455,000
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2022 Sold $455,000 MLS #3780121
May 5, 2022 Listed $455,000 MLS #3780121
Sep 6, 2018 Listing removed $1,775 GardenState
Aug 11, 2018 Listed for rent $1,775 GardenState
Apr 23, 2018 Listing removed $1,775 GardenState
Apr 16, 2018 Listed for rent $1,775 GardenState
Dec 7, 2016 Listing removed $1,650 GardenState
Dec 5, 2016 Sold $472,000 Public Record
Nov 29, 2016 Listed for rent $1,650 GardenState
Oct 7, 2016 Listing removed $499,900 GardenState
Jul 25, 2016 Listed $499,900 MLS #3325251
Feb 22, 2001 Sold $185,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $253,400 $190,000 $443,400 $12,672
2024 $253,400 $190,000 $443,400 $12,357
2023 $253,400 $190,000 $443,400 $11,989
2022 $253,400 $190,000 $443,400 $11,670
2021 $253,400 $190,000 $443,400 $11,342
2020 $253,400 $190,000 $443,400 $11,160
2019 $65,600 $36,600 $102,200 $10,344
2018 $65,600 $36,600 $102,200 $10,123
2017 $65,600 $36,600 $102,200 $9,878
2016 $65,600 $36,600 $102,200 $9,623
2015 $65,600 $36,600 $102,200 $9,499
2014 $65,600 $36,600 $102,200 $9,159
2013 $65,600 $36,600 $102,200 $8,985
2012 $65,600 $36,600 $102,200 $8,706
2011 $65,600 $36,600 $102,200 $8,340
2010 $65,600 $36,600 $102,200 $8,116
2009 $65,600 $36,600 $102,200 $7,736
2008 $65,600 $36,600 $102,200 $7,495
2007 $65,600 $36,600 $102,200 $7,058

Property facts

Year built
1924
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
2,200 sqft
Lot size
3,920 sqft
ZIP code
07027
City
Garwood
Street
Spruce Ave
Coordinates
40.64940, -74.32200

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
$3,300
Gross rental yield
8.70%
Implied cap rate
5.66%
Trend-extrapolated value

Frequently asked questions

When did 313 Spruce Ave last sell?
313 Spruce Ave most recently sold on May 5, 2022 for $455,000.
What is the current tax assessment for 313 Spruce Ave?
The most recent total assessment for 313 Spruce Ave (year 2025) is $443,400 with $12,672 in property tax.
How does 313 Spruce Ave's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $455,000.
When was 313 Spruce Ave built?
313 Spruce Ave was built in 1924.
How does 313 Spruce Ave compare to others on Spruce Ave?
We track 8 other properties on Spruce Ave. Browse the list under "Other properties on Spruce Ave" to compare beds, baths, and sale history.
What are the property facts for 313 Spruce Ave?
313 Spruce Ave is a 4 bed, 2 bath, 2,200 sqft, 3,920 sqft lot multi_family.
Is 313 Spruce Ave a flip candidate?
No — 313 Spruce Ave does not appear in our flips dataset.
Is 313 Spruce Ave a tax-appeal candidate?
No — 313 Spruce Ave 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
+3.7%
Implied 1-yr
+14.7%
2026 Q2
$741.4K
2026 Q3
$763.3K
ZIP 07027 — Median Price History + Forecast

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