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4B Gramercy Ln

Manchester, NJ 08759

2 bd 2 ba 1,050 sqft Built 1974 Lot 5,663 sqft multi_family
Most recent sale
$175,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $175,000 MLS #22219913
Aug 16, 2022 Price changed $185,000 MLS #22219913
Jun 25, 2022 Listed $159,000 MLS #22219913
Dec 17, 2001 Sold $75,000 Public Record
Feb 14, 1974 Sold $34,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $117,100 $60,000 $177,100 $2,576
2024 $117,100 $60,000 $177,100 $2,435
2023 $71,200 $28,000 $99,200 $2,311
2022 $71,200 $28,000 $99,200 $2,197
2021 $71,200 $28,000 $99,200 $2,149
2020 $71,200 $28,000 $99,200 $2,093
2019 $50,300 $12,500 $62,800 $1,610
2018 $50,300 $12,500 $62,800 $1,604
2017 $50,300 $12,500 $62,800 $1,610
2016 $50,300 $12,500 $62,800 $1,091
2015 $50,300 $12,500 $62,800 $1,061
2014 $50,300 $12,500 $62,800 $1,029
2013 $50,300 $12,500 $62,800 $1,476
2012 $73,800 $22,500 $96,300 $1,850
2011 $73,800 $22,500 $96,300 $1,788
2009 $73,800 $22,500 $96,300 $1,110
2007 $45,600 $16,000 $61,600 $1,834

Property facts

Year built
1974
Property type
multi_family
Stories
1
Beds
2
Baths
2
Living area
1,050 sqft
Lot size
5,663 sqft
ZIP code
08759
City
Manchester
Street
Gramercy Ln
Coordinates
40.01692, -74.27656

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
$1,575
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value

Frequently asked questions

When did 4B Gramercy Ln last sell?
4B Gramercy Ln most recently sold on Oct 7, 2022 for $175,000.
What is the current tax assessment for 4B Gramercy Ln?
The most recent total assessment for 4B Gramercy Ln (year 2025) is $177,100 with $2,576 in property tax.
How does 4B Gramercy Ln's assessment compare to its last sale price?
The current assessment is 1.2% above the last sale price of $175,000.
When was 4B Gramercy Ln built?
4B Gramercy Ln was built in 1974.
How does 4B Gramercy Ln compare to others on Gramercy Ln?
We track 8 other properties on Gramercy Ln. Browse the list under "Other properties on Gramercy Ln" to compare beds, baths, and sale history.
What are the property facts for 4B Gramercy Ln?
4B Gramercy Ln is a 2 bed, 2 bath, 1,050 sqft, 5,663 sqft lot multi_family.
Is 4B Gramercy Ln a flip candidate?
No — 4B Gramercy Ln does not appear in our flips dataset.
Is 4B Gramercy Ln a tax-appeal candidate?
No — 4B Gramercy 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
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$344.9K
2026 Q4
$350.4K
ZIP 08759 — Median Price History + Forecast

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