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196 Reservoir Rd

Hopewell, NJ 08525

5 bd 7 ba 4,634 sqft Built 2003 Lot 165,528 sqft single_family
Most recent sale
$1,180,700
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 13, 2022 Sold $1,180,700 MLS #NJME2014844
Apr 14, 2022 Listed $1,199,000 MLS #NJME2014844
Feb 24, 2022 Price changed $1,325,000 MLS #NJME2004380
Feb 15, 2022 Relisted $1,395,000 MLS #NJME2004380
Jan 13, 2022 Relisted $1,395,000 MLS #NJME2004380
Nov 17, 2021 Price changed $1,395,000 MLS #NJME2004380
Nov 7, 2021 Price changed $1,445,000 MLS #NJME2004380
Sep 8, 2021 Listed $1,495,000 MLS #NJME2004380
Dec 13, 2002 Sold $580,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $504,000 $356,000 $860,000 $27,907
2024 $504,000 $356,000 $860,000 $27,150
2023 $504,000 $356,000 $860,000 $26,281
2022 $504,000 $356,000 $860,000 $25,739
2021 $504,000 $356,000 $860,000 $26,307
2020 $597,300 $356,000 $953,300 $28,456
2019 $597,300 $356,000 $953,300 $27,760
2018 $597,300 $356,000 $953,300 $27,245
2017 $597,300 $356,000 $953,300 $26,501
2016 $597,300 $356,000 $953,300 $25,052
2015 $597,300 $356,000 $953,300 $24,557
2014 $597,300 $356,000 $953,300 $24,051
2013 $597,300 $356,000 $953,300 $23,985
2012 $597,300 $356,000 $953,300 $23,117
2011 $597,300 $356,000 $953,300 $21,630
2010 $597,300 $356,000 $953,300 $20,572
2009 $597,300 $356,000 $953,300 $19,628
2008 $559,400 $356,000 $915,400 $18,271
2007 $559,400 $356,000 $915,400 $17,438

Property facts

Year built
2003
Property type
single_family
Stories
3
Beds
5
Baths
7
Living area
4,634 sqft
Lot size
165,528 sqft
ZIP code
08525
City
Hopewell
Street
Reservoir Rd
Coordinates
40.40552, -74.76241

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,951
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value

Frequently asked questions

When did 196 Reservoir Rd last sell?
196 Reservoir Rd most recently sold on Jul 13, 2022 for $1,180,700.
What is the current tax assessment for 196 Reservoir Rd?
The most recent total assessment for 196 Reservoir Rd (year 2025) is $860,000 with $27,907 in property tax.
How does 196 Reservoir Rd's assessment compare to its last sale price?
The current assessment is 27.2% below the last sale price of $1,180,700.
When was 196 Reservoir Rd built?
196 Reservoir Rd was built in 2003.
How does 196 Reservoir Rd compare to others on Reservoir Rd?
We track 8 other properties on Reservoir Rd. Browse the list under "Other properties on Reservoir Rd" to compare beds, baths, and sale history.
What are the property facts for 196 Reservoir Rd?
196 Reservoir Rd is a 5 bed, 7 bath, 4,634 sqft, 165,528 sqft lot single_family.
Is 196 Reservoir Rd a flip candidate?
No — 196 Reservoir Rd does not appear in our flips dataset.
Is 196 Reservoir Rd a tax-appeal candidate?
No — 196 Reservoir 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
+3.2%
Implied 1-yr
+12.7%
2026 Q3
$918.1K
2026 Q4
$942.3K
ZIP 08525 — Median Price History + Forecast

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