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226 Drake Ln

Ledgewood, NJ 07852

3 bd 1,446 sqft Built 1989 Lot 10,019 sqft single_family
Most recent sale
$320,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $320,000 Public Record
Mar 2, 2022 Sold $320,000 MLS #3757987
Jan 6, 2022 Listed $309,000 MLS #3757987
Aug 1, 1989 Sold $131,990 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $135,400 $90,000 $225,400 $6,358
2024 $135,400 $90,000 $225,400 $6,196
2023 $135,400 $90,000 $225,400 $6,099
2022 $135,400 $90,000 $225,400 $6,040
2021 $135,400 $90,000 $225,400 $5,937
2020 $135,400 $90,000 $225,400 $5,926
2019 $135,400 $90,000 $225,400 $5,815
2018 $72,200 $66,500 $138,700 $5,978
2017 $72,200 $66,500 $138,700 $5,946
2016 $72,200 $66,500 $138,700 $5,830
2015 $72,200 $66,500 $138,700 $5,685
2014 $72,200 $66,500 $138,700 $5,595
2013 $72,200 $66,500 $138,700 $5,511
2012 $72,200 $66,500 $138,700 $5,450
2011 $72,200 $66,500 $138,700 $5,372
2010 $72,200 $66,500 $138,700 $5,266
2009 $72,200 $66,500 $138,700 $5,137
2008 $72,200 $66,500 $138,700 $5,045
2007 $72,200 $66,500 $138,700 $4,840

Property facts

Year built
1989
Property type
single_family
Stories
3
Beds
3
Baths
Living area
1,446 sqft
Lot size
10,019 sqft
ZIP code
07852
City
Ledgewood
Street
Drake Ln
Coordinates
40.87529, -74.64504

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,169
Gross rental yield
8.13%
Implied cap rate
5.29%
Trend-extrapolated value

Frequently asked questions

When did 226 Drake Ln last sell?
226 Drake Ln most recently sold on Jun 13, 2022 for $320,000.
What is the current tax assessment for 226 Drake Ln?
The most recent total assessment for 226 Drake Ln (year 2025) is $225,400 with $6,358 in property tax.
How does 226 Drake Ln's assessment compare to its last sale price?
The current assessment is 29.6% below the last sale price of $320,000.
When was 226 Drake Ln built?
226 Drake Ln was built in 1989.
How does 226 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 226 Drake Ln?
226 Drake Ln is a 3 bed, 1,446 sqft, 10,019 sqft lot single_family.
Is 226 Drake Ln a flip candidate?
No — 226 Drake Ln does not appear in our flips dataset.
Is 226 Drake Ln a tax-appeal candidate?
No — 226 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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