Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 78M+ records · 27M+ properties All 50 states Methodology

116 Prospect St

Hackettstown, NJ 07840

3 bd 3 ba 2,040 sqft Built 1988 Lot 4,792 sqft single_family
Most recent sale
$475,000
Apr 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2024 Sold $475,000 GardenState
Feb 19, 2024 Listed $449,900 GardenState

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $204,300 $112,700 $317,000 $11,022
2024 $204,300 $112,700 $317,000 $10,838
2023 $204,300 $112,700 $317,000 $10,695
2022 $204,300 $112,700 $317,000 $10,346
2021 $204,300 $112,700 $317,000 $10,131
2020 $204,300 $112,700 $317,000 $9,918
2019 $204,300 $112,700 $317,000 $9,586
2018 $204,300 $112,700 $317,000 $9,586
2017 $204,300 $112,700 $317,000 $9,399
2016 $204,300 $112,700 $317,000 $9,243
2015 $204,300 $112,700 $317,000 $8,856
2014 $204,300 $112,700 $317,000 $8,568
2013 $204,300 $112,700 $317,000 $8,276
2012 $204,300 $112,700 $317,000 $8,029
2011 $204,300 $112,700 $317,000 $7,877
2009 $177,000 $47,900 $224,900 $9,549
2008 $177,000 $47,900 $224,900 $9,346
2007 $177,000 $47,900 $224,900 $8,951

Property facts

Year built
1988
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,040 sqft
Lot size
4,792 sqft
ZIP code
07840
City
Hackettstown
Street
Prospect St
Coordinates
40.85688, -74.83311

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,060
Gross rental yield
7.73%
Implied cap rate
5.02%
Trend-extrapolated value

Frequently asked questions

When did 116 Prospect St last sell?
116 Prospect St most recently sold on Apr 8, 2024 for $475,000.
What is the current tax assessment for 116 Prospect St?
The most recent total assessment for 116 Prospect St (year 2025) is $317,000 with $11,022 in property tax.
How does 116 Prospect St's assessment compare to its last sale price?
The current assessment is 33.3% below the last sale price of $475,000.
When was 116 Prospect St built?
116 Prospect St was built in 1988.
How does 116 Prospect St compare to others on Prospect St?
We track 8 other properties on Prospect St. Browse the list under "Other properties on Prospect St" to compare beds, baths, and sale history.
What are the property facts for 116 Prospect St?
116 Prospect St is a 3 bed, 3 bath, 2,040 sqft, 4,792 sqft lot single_family.
Is 116 Prospect St a flip candidate?
No — 116 Prospect St does not appear in our flips dataset.
Is 116 Prospect St a tax-appeal candidate?
No — 116 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
+3.5%
Implied 1-yr
+14.2%
2026 Q3
$512.4K
2026 Q4
$527.2K
ZIP 07840 — Median Price History + Forecast

Explore nearby