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158 Drake Ln

Ledgewood, NJ 07852

2 bd 1,213 sqft Built 1989 Lot 8,276 sqft single_family
Most recent sale
$330,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $320,000 Public Record
Apr 26, 2022 Sold $330,000 MLS #3768398
Mar 23, 2022 Relisted $289,900 MLS #3768398
Mar 10, 2022 Listed $289,900 MLS #3768398
Apr 12, 2012 Sold $235,000 Public Record
Mar 28, 2012 Listing removed $239,000 GardenState
Feb 2, 2012 Listed $239,000 MLS #2914716
Feb 1, 2012 Listing removed $239,000 GardenState
Jul 14, 2011 Listed $239,000 MLS #2872957
May 1, 1991 Sold $125,990 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax 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 $4,966
2011 $61,900 $64,500 $126,400 $4,895
2010 $61,900 $64,500 $126,400 $4,799
2009 $61,900 $64,500 $126,400 $4,681
2008 $61,900 $64,500 $126,400 $4,598
2007 $61,900 $64,500 $126,400 $4,411

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
40.87628, -74.64474

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,820
Gross rental yield
6.62%
Implied cap rate
4.30%
Trend-extrapolated value

Frequently asked questions

When did 158 Drake Ln last sell?
158 Drake Ln most recently sold on Apr 26, 2022 for $330,000.
What is the current tax assessment for 158 Drake Ln?
The most recent total assessment for 158 Drake Ln (year 2025) is $205,100 with $5,785 in property tax.
How does 158 Drake Ln's assessment compare to its last sale price?
The current assessment is 37.8% below the last sale price of $330,000.
When was 158 Drake Ln built?
158 Drake Ln was built in 1989.
How does 158 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 158 Drake Ln?
158 Drake Ln is a 2 bed, 1,213 sqft, 8,276 sqft lot single_family.
Is 158 Drake Ln a flip candidate?
No — 158 Drake Ln does not appear in our flips dataset.
Is 158 Drake Ln a tax-appeal candidate?
No — 158 Drake Ln 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
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$400.4K
2026 Q4
$386.1K
ZIP 07852 — Median Price History + Forecast

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