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87 Arrowood Rd

Manalapan, NJ 07726

2 bd 2 ba 978 sqft Built 1980 Lot 436 sqft multi_family
Most recent sale
$198,500
Jul 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Price changed $249,000 MLS #22226720
Aug 23, 2022 Listed $259,000 MLS #22226720
Jul 30, 2021 Sold $198,500 Public Record
Jun 7, 2004 Sold $117,500 Public Record
Jul 31, 2000 Sold $61,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,400 $90,000 $252,400 $4,247
2024 $162,400 $90,000 $252,400 $4,366
2023 $144,300 $86,000 $230,300 $3,832
2022 $137,400 $62,000 $199,400 $3,565
2021 $99,800 $46,000 $145,800 $3,027
2020 $99,300 $33,000 $132,300 $2,716
2019 $94,400 $33,000 $127,400 $2,618
2018 $90,000 $23,000 $113,000 $2,336
2017 $86,100 $35,000 $121,100 $2,502
2016 $92,600 $28,400 $121,000 $2,471
2015 $82,800 $33,100 $115,900 $2,392
2014 $67,900 $26,000 $93,900 $1,991
2013 $67,900 $26,000 $93,900 $1,944
2012 $67,900 $26,000 $93,900 $1,917
2011 $67,900 $26,000 $93,900 $1,901
2010 $67,900 $26,000 $93,900 $1,897
2009 $76,600 $28,000 $104,600 $1,810
2008 $76,600 $50,000 $126,600 $2,211
2007 $76,600 $55,000 $131,600 $2,210

Property facts

Year built
1980
Property type
multi_family
Stories
1
Beds
2
Baths
2
Living area
978 sqft
Lot size
436 sqft
ZIP code
07726
City
Manalapan
Street
Arrowood Rd
Coordinates
40.32730, -74.31839

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
$1,467
Gross rental yield
8.87%
Implied cap rate
5.76%
Trend-extrapolated value

Frequently asked questions

When did 87 Arrowood Rd last sell?
87 Arrowood Rd most recently sold on Jul 30, 2021 for $198,500.
What is the current tax assessment for 87 Arrowood Rd?
The most recent total assessment for 87 Arrowood Rd (year 2025) is $252,400 with $4,247 in property tax.
How does 87 Arrowood Rd's assessment compare to its last sale price?
The current assessment is 27.2% above the last sale price of $198,500.
When was 87 Arrowood Rd built?
87 Arrowood Rd was built in 1980.
How does 87 Arrowood Rd compare to others on Arrowood Rd?
We track 8 other properties on Arrowood Rd. Browse the list under "Other properties on Arrowood Rd" to compare beds, baths, and sale history.
What are the property facts for 87 Arrowood Rd?
87 Arrowood Rd is a 2 bed, 2 bath, 978 sqft, 436 sqft lot multi_family.
Is 87 Arrowood Rd a flip candidate?
No — 87 Arrowood Rd does not appear in our flips dataset.
Is 87 Arrowood Rd a tax-appeal candidate?
Yes — 87 Arrowood Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.0%
Implied 1-yr
-12.0%
2026 Q3
$662.3K
2026 Q4
$637.7K
ZIP 07726 — Median Price History + Forecast

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