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103 Memphis Ave

Lower Township, NJ 08260

4 bd 3 ba 1,309 sqft Built 1987 townhomes
Most recent sale
$660,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $660,000 Public Record
Jun 23, 2022 Sold $660,000 MLS #220251
Mar 8, 2022 Price changed $699,000 MLS #559310
Feb 25, 2022 Price changed $719,000 MLS #559310
Feb 3, 2022 Listed $775,000 MLS #559310
Nov 22, 2004 Sold $435,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,800 $209,000 $381,800 $7,983
2023 $172,800 $209,000 $381,800 $7,651
2022 $172,800 $209,000 $381,800 $7,418
2021 $172,800 $209,000 $381,800 $7,178
2020 $172,800 $209,000 $381,800 $7,070
2019 $172,800 $209,000 $381,800 $6,880
2018 $172,800 $209,000 $381,800 $6,719
2017 $172,800 $209,000 $381,800 $6,723
2016 $172,800 $209,000 $381,800 $6,631
2015 $172,800 $209,000 $381,800 $6,418
2014 $172,800 $209,000 $381,800 $6,208
2013 $167,600 $209,000 $376,600 $5,332
2012 $167,600 $209,000 $376,600 $5,117
2011 $167,600 $209,000 $376,600 $5,114
2010 $167,600 $209,000 $376,600 $5,080
2009 $186,800 $232,200 $419,000 $4,847
2008 $186,800 $232,900 $419,700 $4,641
2007 $106,700 $375,400 $482,100 $5,090

Property facts

Year built
1987
Property type
townhomes
Stories
4
Beds
4
Baths
3
Living area
1,309 sqft
Lot size
ZIP code
08260
City
Lower Township
Street
Memphis Ave
Coordinates
38.96233, -74.85488

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
$3,960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 103 Memphis Ave last sell?
103 Memphis Ave most recently sold on Jun 23, 2022 for $660,000.
What is the current tax assessment for 103 Memphis Ave?
The most recent total assessment for 103 Memphis Ave (year 2025) is $381,800 with $7,983 in property tax.
How does 103 Memphis Ave's assessment compare to its last sale price?
The current assessment is 42.2% below the last sale price of $660,000.
When was 103 Memphis Ave built?
103 Memphis Ave was built in 1987.
How does 103 Memphis Ave compare to others on Memphis Ave?
We track 5 other properties on Memphis Ave. Browse the list under "Other properties on Memphis Ave" to compare beds, baths, and sale history.
What are the property facts for 103 Memphis Ave?
103 Memphis Ave is a 4 bed, 3 bath, 1,309 sqft townhomes.
Is 103 Memphis Ave a flip candidate?
No — 103 Memphis Ave does not appear in our flips dataset.
Is 103 Memphis Ave a tax-appeal candidate?
No — 103 Memphis Ave 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
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$721.1K
2026 Q4
$727.2K
ZIP 08260 — Median Price History + Forecast

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