51 Model Ave
Hopewell, NJ 08525
3 bd 2 ba Built 1940 Lot 6,242 sqft single_family
Most recent sale
$510,000
Jun 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 1, 2022 | Sold | $510,000 | MLS #NJME2014704 |
| Apr 8, 2022 | Listed | $435,000 | MLS #NJME2014704 |
| Sep 19, 2019 | Sold | $360,000 | Public Record |
| Aug 15, 2019 | Sold | $360,000 | MLS #NJME278302 |
| Dec 21, 1998 | Sold | $58,500 | Public Record |
| Mar 29, 1995 | Sold | $115,000 | Public Record |
| Oct 24, 1988 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $137,200 | $201,100 | $338,300 | $12,070 |
| 2024 | $137,200 | $201,100 | $338,300 | $11,634 |
| 2023 | $137,200 | $201,100 | $338,300 | $11,197 |
| 2022 | $137,200 | $201,100 | $338,300 | $10,822 |
| 2021 | $137,200 | $201,100 | $338,300 | $10,626 |
| 2020 | $137,200 | $201,100 | $338,300 | $10,477 |
| 2019 | $137,200 | $201,100 | $338,300 | $10,321 |
| 2018 | $137,200 | $201,100 | $338,300 | $9,874 |
| 2017 | $137,200 | $201,100 | $338,300 | $9,570 |
| 2016 | $137,200 | $201,100 | $338,300 | $9,259 |
| 2015 | $137,200 | $201,100 | $338,300 | $9,117 |
| 2014 | $118,500 | $242,900 | $361,400 | $9,042 |
| 2013 | $118,500 | $242,900 | $361,400 | $8,904 |
| 2012 | $118,500 | $242,900 | $361,400 | $8,467 |
| 2011 | $118,500 | $242,900 | $361,400 | $7,892 |
| 2010 | $118,500 | $242,900 | $361,400 | $7,647 |
| 2009 | $118,500 | $242,900 | $361,400 | $7,506 |
| 2008 | $118,500 | $242,900 | $361,400 | $7,455 |
| 2007 | $118,500 | $242,900 | $361,400 | $7,083 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
—
Lot size
6,242 sqft
ZIP code
08525
City
Hopewell
Street
Model Ave
Coordinates
40.38873, -74.76660
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 51 Model Ave last sell?
51 Model Ave most recently sold on Jun 1, 2022 for $510,000.
What is the current tax assessment for 51 Model Ave?
The most recent total assessment for 51 Model Ave (year 2025) is $338,300 with $12,070 in property tax.
How does 51 Model Ave's assessment compare to its last sale price?
The current assessment is 33.7% below the last sale price of $510,000.
When was 51 Model Ave built?
51 Model Ave was built in 1940.
How does 51 Model Ave compare to others on Model Ave?
We track 8 other properties on Model Ave. Browse the list under "Other properties on Model Ave" to compare beds, baths, and sale history.
What are the property facts for 51 Model Ave?
51 Model Ave is a 3 bed, 2 bath, 6,242 sqft lot single_family.
Is 51 Model Ave a flip candidate?
No — 51 Model Ave does not appear in our flips dataset.
Is 51 Model Ave a tax-appeal candidate?
No — 51 Model Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.2%
Implied 1-yr
+12.7%
2026 Q3
$918.1K
2026 Q4
$942.3K
ZIP 08525 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Model Ave