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1242 Route 109

Lower Township, NJ 08204

3 bd 1 ba 1,512 sqft Built 1930 Lot 2,070 sqft single_family
Most recent sale
$450,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $450,000 MLS #220592
May 31, 2022 Relisted $580,000 MLS #220592
Mar 7, 2022 Listed $675,000 MLS #220592
Jun 13, 2013 Price changed $240,000 MLS #151212
Apr 14, 2013 Listed $245,000 MLS #151212

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $44,200 $144,900 $189,100 $3,944
2023 $44,200 $144,900 $189,100 $3,780
2022 $44,200 $144,900 $189,100 $3,664
2021 $44,200 $144,900 $189,100 $3,555
2020 $44,200 $144,900 $189,100 $3,498
2019 $44,200 $144,900 $189,100 $3,411
2018 $44,200 $144,900 $189,100 $3,330
2017 $44,200 $144,900 $189,100 $3,334
2016 $44,200 $144,900 $189,100 $3,033
2015 $44,200 $144,900 $189,100 $2,927
2014 $44,200 $144,900 $189,100 $2,823
2013 $57,500 $204,900 $262,400 $3,466
2012 $57,500 $204,900 $262,400 $3,316
2011 $57,500 $204,900 $262,400 $3,313
2010 $57,500 $204,900 $262,400 $3,295
2009 $78,700 $217,600 $296,300 $3,175
2008 $78,700 $217,600 $296,300 $3,024
2007 $78,700 $217,600 $296,300 $2,893

Property facts

Year built
1930
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,512 sqft
Lot size
2,070 sqft
ZIP code
08204
City
Lower Township
Street
Route 109
Coordinates
38.94880, -74.91018

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,268
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 1242 Route 109 last sell?
1242 Route 109 most recently sold on Jul 1, 2022 for $450,000.
What is the current tax assessment for 1242 Route 109?
The most recent total assessment for 1242 Route 109 (year 2025) is $189,100 with $3,944 in property tax.
How does 1242 Route 109's assessment compare to its last sale price?
The current assessment is 58.0% below the last sale price of $450,000.
When was 1242 Route 109 built?
1242 Route 109 was built in 1930.
How does 1242 Route 109 compare to others on Route 109?
We track 4 other properties on Route 109. Browse the list under "Other properties on Route 109" to compare beds, baths, and sale history.
What are the property facts for 1242 Route 109?
1242 Route 109 is a 3 bed, 1 bath, 1,512 sqft, 2,070 sqft lot single_family.
Is 1242 Route 109 a flip candidate?
No — 1242 Route 109 does not appear in our flips dataset.
Is 1242 Route 109 a tax-appeal candidate?
No — 1242 Route 109 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
+12.4%
Implied 1-yr
+49.5%
2026 Q3
$2.42M
2026 Q4
$2.59M
ZIP 08204 — Median Price History + Forecast

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