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76 Drake Ln

Ledgewood, NJ 07852

2 bd ba 1,213 sqft Built 1989 Lot 8,276 sqft single_family
Most recent sale
$321,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $321,000 Public Record
Sep 9, 2022 Sold $321,000 MLS #3794386
Jul 7, 2022 Listed $289,900 MLS #3794386
Jul 20, 2005 Sold $275,000 Public Record
Aug 1, 2001 Sold $165,100 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 $5,292
2018 $61,900 $64,500 $126,400 $5,448
2017 $61,900 $64,500 $126,400 $5,419
2016 $61,900 $64,500 $126,400 $5,313
2015 $61,900 $64,500 $126,400 $5,181
2014 $61,900 $64,500 $126,400 $5,099
2013 $61,900 $64,500 $126,400 $5,022
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 $4,432
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
40.87669, -74.64653

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
$1,820
Gross rental yield
6.80%
Implied cap rate
4.42%
Trend-extrapolated value

Frequently asked questions

When did 76 Drake Ln last sell?
76 Drake Ln most recently sold on Oct 19, 2022 for $321,000.
What is the current tax assessment for 76 Drake Ln?
The most recent total assessment for 76 Drake Ln (year 2025) is $205,100 with $5,785 in property tax.
How does 76 Drake Ln's assessment compare to its last sale price?
The current assessment is 36.1% below the last sale price of $321,000.
When was 76 Drake Ln built?
76 Drake Ln was built in 1989.
How does 76 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 76 Drake Ln?
76 Drake Ln is a 2 bed, — bath, 1,213 sqft, 8,276 sqft lot single_family.
Is 76 Drake Ln a flip candidate?
No — 76 Drake Ln does not appear in our flips dataset.
Is 76 Drake Ln a tax-appeal candidate?
No — 76 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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