40 Franklin Corner Rd
Lawrence, NJ 08648
4 bd 3 ba 2,074 sqft Built 1972 single_family
Most recent sale
$400,000
Aug 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2022 | Sold | $400,000 | MLS #NJME2016426 |
| May 12, 2022 | Listed | $450,000 | MLS #NJME2016426 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $147,300 | $134,300 | $281,600 | $8,912 |
| 2024 | $147,300 | $134,300 | $281,600 | $8,723 |
| 2023 | $147,300 | $134,300 | $281,600 | $8,549 |
| 2022 | $147,300 | $134,300 | $281,600 | $8,394 |
| 2021 | $147,300 | $134,300 | $281,600 | $8,287 |
| 2020 | $147,300 | $134,300 | $281,600 | $8,172 |
| 2019 | $147,300 | $134,300 | $281,600 | $8,068 |
| 2018 | $147,300 | $134,300 | $281,600 | $7,885 |
| 2017 | $147,300 | $134,300 | $281,600 | $7,848 |
| 2016 | $147,300 | $134,300 | $281,600 | $7,733 |
| 2015 | $147,300 | $134,300 | $281,600 | $7,519 |
| 2014 | $147,300 | $134,300 | $281,600 | $7,378 |
| 2013 | $53,000 | $100,700 | $153,700 | $7,189 |
| 2012 | $53,000 | $100,700 | $153,700 | $6,900 |
| 2011 | $53,000 | $100,700 | $153,700 | $6,597 |
| 2010 | $53,000 | $100,700 | $153,700 | $6,523 |
| 2009 | $53,000 | $100,700 | $153,700 | $6,254 |
| 2008 | $53,000 | $100,700 | $153,700 | $6,156 |
| 2007 | $53,000 | $100,700 | $153,700 | $5,840 |
Property facts
Year built
1972
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,074 sqft
Lot size
—
ZIP code
08648
City
Lawrence
Street
Franklin Corner Rd
Coordinates
40.28830, -74.72672
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,111
Gross rental yield
9.33%
Implied cap rate
6.07%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Franklin Corner Rd last sell?
40 Franklin Corner Rd most recently sold on Aug 19, 2022 for $400,000.
What is the current tax assessment for 40 Franklin Corner Rd?
The most recent total assessment for 40 Franklin Corner Rd (year 2025) is $281,600 with $8,912 in property tax.
How does 40 Franklin Corner Rd's assessment compare to its last sale price?
The current assessment is 29.6% below the last sale price of $400,000.
When was 40 Franklin Corner Rd built?
40 Franklin Corner Rd was built in 1972.
How does 40 Franklin Corner Rd compare to others on Franklin Corner Rd?
We track 1 other property on Franklin Corner Rd. Browse the list under "Other properties on Franklin Corner Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Franklin Corner Rd?
40 Franklin Corner Rd is a 4 bed, 3 bath, 2,074 sqft single_family.
Is 40 Franklin Corner Rd a flip candidate?
No — 40 Franklin Corner Rd does not appear in our flips dataset.
Is 40 Franklin Corner Rd a tax-appeal candidate?
No — 40 Franklin Corner Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$518.5K
2026 Q4
$525.3K
ZIP 08648 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin Corner Rd