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38 Spruce Rd

Hightstown, NJ 08520

3 bd 3 ba 1,577 sqft Built 1985 Lot 3,500 sqft townhomes
Most recent sale
$350,000
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 23, 2025 Listing removed $3,000 BrightMLS
Mar 18, 2022 Sold $350,000 MLS #NJME2012074
Feb 9, 2022 Listed $325,000 MLS #NJME2012074
Oct 15, 2015 Sold $259,900 MLS #6588453
Sep 25, 2015 Relisted $259,900 MLS #6588453
Sep 22, 2015 Listing removed $259,900 BrightMLS
Jul 31, 2015 Price changed $259,900 MLS #6588453
Jun 7, 2015 Listed $269,900 MLS #6588453
Feb 27, 2009 Listing removed $1,700 BrightMLS
Sep 23, 2008 Listed for rent $1,700 BrightMLS
Dec 16, 1985 Sold $99,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $134,500 $93,500 $228,000 $8,552
2024 $134,500 $93,500 $228,000 $8,481
2023 $134,500 $93,500 $228,000 $8,030
2022 $132,300 $93,500 $225,800 $7,747
2021 $132,300 $93,500 $225,800 $7,690
2020 $132,300 $93,500 $225,800 $7,700
2019 $132,300 $93,500 $225,800 $7,630
2018 $132,300 $93,500 $225,800 $7,530
2017 $97,300 $128,500 $225,800 $7,524
2016 $97,300 $128,500 $225,800 $7,418
2015 $97,300 $128,500 $225,800 $6,995
2014 $97,300 $128,500 $225,800 $7,187
2013 $97,300 $128,500 $225,800 $7,065
2012 $97,300 $128,500 $225,800 $6,864
2011 $107,200 $128,500 $235,700 $6,913
2010 $111,200 $128,500 $239,700 $6,841
2009 $70,100 $47,300 $117,400 $6,438
2008 $70,100 $47,300 $117,400 $6,313
2007 $70,100 $47,300 $117,400 $6,186

Property facts

Year built
1985
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,577 sqft
Lot size
3,500 sqft
ZIP code
08520
City
Hightstown
Street
Spruce Rd
Coordinates
40.25974, -74.55349

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
$2,366
Gross rental yield
8.11%
Implied cap rate
5.27%
Trend-extrapolated value

Frequently asked questions

When did 38 Spruce Rd last sell?
38 Spruce Rd most recently sold on Mar 18, 2022 for $350,000.
What is the current tax assessment for 38 Spruce Rd?
The most recent total assessment for 38 Spruce Rd (year 2025) is $228,000 with $8,552 in property tax.
How does 38 Spruce Rd's assessment compare to its last sale price?
The current assessment is 34.9% below the last sale price of $350,000.
When was 38 Spruce Rd built?
38 Spruce Rd was built in 1985.
How does 38 Spruce Rd compare to others on Spruce Rd?
We track 6 other properties on Spruce Rd. Browse the list under "Other properties on Spruce Rd" to compare beds, baths, and sale history.
What are the property facts for 38 Spruce Rd?
38 Spruce Rd is a 3 bed, 3 bath, 1,577 sqft, 3,500 sqft lot townhomes.
Is 38 Spruce Rd a flip candidate?
No — 38 Spruce Rd does not appear in our flips dataset.
Is 38 Spruce Rd a tax-appeal candidate?
No — 38 Spruce Rd 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
+11.6%
Implied 1-yr
+46.5%
2026 Q1
$7.98M
2026 Q2
$8.51M
ZIP 08520 — Median Price History + Forecast

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