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40 3rd Ave

Lavallette, NJ 08735

6 bd 5 ba 2,954 sqft Lot 3,920 sqft single_family
Most recent sale
$2,350,000
Dec 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 14, 2022 Sold $2,350,000 MoreMLS
Jun 22, 2017 Sold $610,000 Public Record
Jul 26, 1994 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $266,800 $722,000 $988,800 $19,321
2024 $266,800 $722,000 $988,800 $18,006
2023 $266,800 $722,000 $988,800 $17,116
2022 $266,800 $722,000 $988,800 $16,503
2021 $273,500 $351,000 $624,500 $15,643
2020 $273,500 $351,000 $624,500 $15,575
2019 $78,900 $351,000 $429,900 $10,257
2018 $78,900 $351,000 $429,900 $10,119
2017 $78,900 $351,000 $429,900 $10,033
2016 $78,900 $351,000 $429,900 $9,771
2015 $78,900 $351,000 $429,900 $9,401
2014 $78,900 $351,000 $429,900 $8,718
2013 $7,900 $210,000 $217,900 $4,286
2012 $52,800 $715,000 $767,800 $11,808
2010 $52,800 $724,500 $777,300 $10,952
2009 $52,800 $724,500 $777,300 $9,879
2007 $44,900 $120,000 $164,900 $5,047

Property facts

Year built
Property type
single_family
Stories
3
Beds
6
Baths
5
Living area
2,954 sqft
Lot size
3,920 sqft
ZIP code
08735
City
Lavallette
Street
3rd Ave
Coordinates
39.99999, -74.06052

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
$14,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 3rd Ave last sell?
40 3rd Ave most recently sold on Dec 14, 2022 for $2,350,000.
What is the current tax assessment for 40 3rd Ave?
The most recent total assessment for 40 3rd Ave (year 2025) is $988,800 with $19,321 in property tax.
How does 40 3rd Ave's assessment compare to its last sale price?
The current assessment is 57.9% below the last sale price of $2,350,000.
When was 40 3rd Ave built?
The year built for 40 3rd Ave is not in our records.
How does 40 3rd Ave compare to others on 3rd Ave?
We track 1 other property on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 40 3rd Ave?
40 3rd Ave is a 6 bed, 5 bath, 2,954 sqft, 3,920 sqft lot single_family.
Is 40 3rd Ave a flip candidate?
No — 40 3rd Ave does not appear in our flips dataset.
Is 40 3rd Ave a tax-appeal candidate?
No — 40 3rd Ave 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
-2.5%
Implied 1-yr
-10.0%
2026 Q2
$1.97M
2026 Q3
$1.97M
ZIP 08735 — Median Price History + Forecast

Explore nearby

Other properties on 3rd Ave