101 Drake Ln
Ledgewood, NJ 07852
2 bd 1,213 sqft Built 1989 Lot 8,276 sqft single_family
Most recent sale
$325,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2022 | Sold | $325,000 | Public Record |
| Apr 21, 2022 | Listed | $289,000 | MLS #3776800 |
| May 5, 1995 | Sold | $123,000 | Public Record |
| Aug 4, 1992 | Sold | $115,990 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $115,100 | $90,000 | $205,100 | $5,785 |
| 2024 | $115,100 | $90,000 | $205,100 | $5,638 |
| 2023 | $115,100 | $90,000 | $205,100 | $5,550 |
| 2022 | $115,100 | $90,000 | $205,100 | $5,496 |
| 2021 | $115,100 | $90,000 | $205,100 | $5,402 |
| 2020 | $115,100 | $90,000 | $205,100 | $5,392 |
| 2019 | $115,100 | $90,000 | $205,100 | $5,291 |
| 2018 | $61,900 | $64,500 | $126,400 | $5,447 |
| 2017 | $61,900 | $64,500 | $126,400 | $5,418 |
| 2016 | $61,900 | $64,500 | $126,400 | $5,312 |
| 2015 | $61,900 | $64,500 | $126,400 | $5,181 |
| 2014 | $61,900 | $64,500 | $126,400 | $5,098 |
| 2013 | $61,900 | $64,500 | $126,400 | $5,021 |
| 2012 | $61,900 | $64,500 | $126,400 | $4,716 |
| 2011 | $61,900 | $64,500 | $126,400 | $4,645 |
| 2010 | $61,900 | $64,500 | $126,400 | $4,549 |
| 2009 | $61,900 | $64,500 | $126,400 | $4,431 |
| 2008 | $61,900 | $64,500 | $126,400 | $4,348 |
| 2007 | $61,900 | $64,500 | $126,400 | $4,161 |
Property facts
Year built
1989
Property type
single_family
Stories
—
Beds
2
Baths
—
Living area
1,213 sqft
Lot size
8,276 sqft
ZIP code
07852
City
Ledgewood
Street
Drake Ln
Coordinates
40.87730, -74.64398
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,820
Gross rental yield
6.72%
Implied cap rate
4.37%
Trend-extrapolated value
—
Frequently asked questions
When did 101 Drake Ln last sell?
101 Drake Ln most recently sold on Aug 17, 2022 for $325,000.
What is the current tax assessment for 101 Drake Ln?
The most recent total assessment for 101 Drake Ln (year 2025) is $205,100 with $5,785 in property tax.
How does 101 Drake Ln's assessment compare to its last sale price?
The current assessment is 36.9% below the last sale price of $325,000.
When was 101 Drake Ln built?
101 Drake Ln was built in 1989.
How does 101 Drake Ln compare to others on Drake Ln?
We track 8 other properties on Drake Ln. Browse the list under "Other properties on Drake Ln" to compare beds, baths, and sale history.
What are the property facts for 101 Drake Ln?
101 Drake Ln is a 2 bed, 1,213 sqft, 8,276 sqft lot single_family.
Is 101 Drake Ln a flip candidate?
No — 101 Drake Ln does not appear in our flips dataset.
Is 101 Drake Ln a tax-appeal candidate?
No — 101 Drake Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$400.4K
2026 Q4
$386.1K
ZIP 07852 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Drake Ln