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45 Demarest Dr

Manalapan, NJ 07726

3 bd 3 ba 1,929 sqft Built 2009 Lot 1,307 sqft townhomes
Most recent sale
$607,500
Feb 24, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2026 Listed $705,000 MoreMLS
Feb 24, 2023 Sold $607,500 MoreMLS
Dec 17, 2022 Listing removed MoreMLS
Dec 16, 2022 Listed $615,000 MoreMLS
Oct 11, 2022 Price changed $614,900 MoreMLS
Sep 29, 2022 Listed $619,900 MoreMLS
Dec 3, 2009 Sold $379,983 Public Record
Jun 1, 2009 Sold $108,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $397,200 $255,000 $652,200 $10,956
2024 $397,200 $255,000 $652,200 $10,284
2023 $388,100 $210,000 $598,100 $9,946
2022 $373,800 $161,000 $534,800 $9,583
2021 $336,200 $105,000 $441,200 $9,185
2020 $335,500 $100,000 $435,500 $8,971
2019 $339,400 $99,000 $438,400 $9,044
2018 $327,200 $114,000 $441,200 $9,159
2017 $326,300 $103,000 $429,300 $8,907
2016 $325,600 $95,000 $420,600 $8,639
2015 $320,600 $95,000 $415,600 $8,627
2014 $284,000 $80,000 $364,000 $7,753
2013 $284,000 $80,000 $364,000 $7,563
2012 $284,000 $80,000 $364,000 $7,472
2011 $284,000 $80,000 $364,000 $7,403
2010 $85,000 $85,000 $1,728
2009 $100,000 $100,000 $1,742
2008 $100,000 $100,000 $1,683
2007 $100,000 $100,000 $1,683

Property facts

Year built
2009
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,929 sqft
Lot size
1,307 sqft
ZIP code
07726
City
Manalapan
Street
Demarest Dr
Coordinates
40.26713, -74.34191

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
$2,894
Gross rental yield
5.72%
Implied cap rate
3.72%
Trend-extrapolated value

Frequently asked questions

When did 45 Demarest Dr last sell?
45 Demarest Dr most recently sold on Feb 24, 2023 for $607,500.
What is the current tax assessment for 45 Demarest Dr?
The most recent total assessment for 45 Demarest Dr (year 2025) is $652,200 with $10,956 in property tax.
How does 45 Demarest Dr's assessment compare to its last sale price?
The current assessment is 7.4% above the last sale price of $607,500.
When was 45 Demarest Dr built?
45 Demarest Dr was built in 2009.
How does 45 Demarest Dr compare to others on Demarest Dr?
We track 8 other properties on Demarest Dr. Browse the list under "Other properties on Demarest Dr" to compare beds, baths, and sale history.
What are the property facts for 45 Demarest Dr?
45 Demarest Dr is a 3 bed, 3 bath, 1,929 sqft, 1,307 sqft lot townhomes.
Is 45 Demarest Dr a flip candidate?
No — 45 Demarest Dr does not appear in our flips dataset.
Is 45 Demarest Dr a tax-appeal candidate?
No — 45 Demarest Dr 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
-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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