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220 School St

Gibbstown, NJ 08027

3 bd 2 ba 1,574 sqft Built 1958 Lot 12,535 sqft single_family
Most recent sale
$270,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $270,000 MLS #NJGL2018608
Aug 17, 2022 Price changed $274,900 MLS #NJGL2018608
Jul 14, 2022 Listed $279,900 MLS #NJGL2018608
Feb 3, 2012 Sold $171,000 Public Record
Feb 3, 2012 Listing removed $155,000 BrightMLS
Jan 31, 2012 Sold $171,000 MLS #5944584
Nov 18, 2011 Price changed $164,900 MLS #5944584
Oct 21, 2011 Price changed $169,900 MLS #5944584
Oct 3, 2011 Price changed $179,900 MLS #5944584
Sep 20, 2011 Price changed $189,900 MLS #5944584
Sep 9, 2011 Listed $199,900 MLS #5944584
Jan 28, 2011 Price changed $174,900 MLS #5811400
Dec 10, 2010 Listed $189,900 MLS #5811400

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $149,000 $37,400 $186,400 $6,647
2024 $149,000 $37,400 $186,400 $6,417
2023 $134,800 $37,400 $172,200 $5,617
2022 $134,800 $37,400 $172,200 $5,620
2021 $134,800 $37,400 $172,200 $5,562
2020 $134,800 $37,400 $172,200 $5,640
2019 $134,800 $37,400 $172,200 $5,643
2018 $134,800 $37,400 $172,200 $5,483
2017 $134,800 $37,400 $172,200 $5,350
2016 $134,800 $37,400 $172,200 $5,292
2015 $134,800 $37,400 $172,200 $5,121
2014 $134,800 $37,400 $172,200 $4,901
2013 $134,800 $37,400 $172,200 $4,801
2012 $87,200 $27,000 $114,200 $4,769
2011 $87,200 $27,000 $114,200 $4,322
2010 $87,200 $27,000 $114,200 $4,183
2009 $87,200 $27,000 $114,200 $3,981
2008 $87,200 $27,000 $114,200 $3,674
2007 $87,200 $27,000 $114,200 $3,733

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,574 sqft
Lot size
12,535 sqft
ZIP code
08027
City
Gibbstown
Street
School St
Coordinates
39.82037, -75.28682

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
$2,361
Gross rental yield
10.49%
Implied cap rate
6.82%
Trend-extrapolated value

Frequently asked questions

When did 220 School St last sell?
220 School St most recently sold on Oct 19, 2022 for $270,000.
What is the current tax assessment for 220 School St?
The most recent total assessment for 220 School St (year 2025) is $186,400 with $6,647 in property tax.
How does 220 School St's assessment compare to its last sale price?
The current assessment is 31.0% below the last sale price of $270,000.
When was 220 School St built?
220 School St was built in 1958.
How does 220 School St compare to others on School St?
We track 8 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 220 School St?
220 School St is a 3 bed, 2 bath, 1,574 sqft, 12,535 sqft lot single_family.
Is 220 School St a flip candidate?
No — 220 School St does not appear in our flips dataset.
Is 220 School St a tax-appeal candidate?
No — 220 School 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
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$303.8K
2026 Q4
$302.3K
ZIP 08027 — Median Price History + Forecast

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