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5 Hanover Dr

Medford, NJ 08055

4 bd 4 ba 2,971 sqft Built 1980 Lot 32,104 sqft single_family
Most recent sale
$450,000
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $450,000 MLS #NJBL2021000
Mar 18, 2022 Listed $450,000 MLS #NJBL2021000
May 31, 2013 Sold $370,000 MLS #6172342
Feb 19, 2013 Price changed $379,900 MLS #6172342
Feb 8, 2013 Listed $379,800 MLS #6172342
Mar 1, 1984 Sold $65,700 Public Record
Aug 1, 1979 Sold $114,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $275,200 $92,400 $367,600 $13,799
2024 $275,200 $92,400 $367,600 $13,046
2023 $275,200 $92,400 $367,600 $12,196
2022 $275,200 $92,400 $367,600 $11,947
2021 $275,200 $92,400 $367,600 $11,881
2020 $275,200 $92,400 $367,600 $11,807
2019 $275,200 $92,400 $367,600 $11,649
2018 $275,200 $92,400 $367,600 $11,488
2017 $275,200 $92,400 $367,600 $11,407
2016 $275,200 $92,400 $367,600 $11,366
2015 $275,200 $92,400 $367,600 $11,197
2014 $275,200 $92,400 $367,600 $10,855
2013 $275,200 $92,400 $367,600 $10,499
2012 $275,200 $92,400 $367,600 $10,138
2011 $204,600 $80,000 $284,600 $12,722
2010 $204,600 $80,000 $284,600 $12,542
2009 $204,600 $80,000 $284,600 $12,261
2008 $204,600 $80,000 $284,600 $12,172
2007 $204,600 $80,000 $284,600 $12,266

Property facts

Year built
1980
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,971 sqft
Lot size
32,104 sqft
ZIP code
08055
City
Medford
Street
Hanover Dr
Coordinates
39.83872, -74.78112

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,457
Gross rental yield
11.89%
Implied cap rate
7.73%
Trend-extrapolated value

Frequently asked questions

When did 5 Hanover Dr last sell?
5 Hanover Dr most recently sold on May 23, 2022 for $450,000.
What is the current tax assessment for 5 Hanover Dr?
The most recent total assessment for 5 Hanover Dr (year 2025) is $367,600 with $13,799 in property tax.
How does 5 Hanover Dr's assessment compare to its last sale price?
The current assessment is 18.3% below the last sale price of $450,000.
When was 5 Hanover Dr built?
5 Hanover Dr was built in 1980.
How does 5 Hanover Dr compare to others on Hanover Dr?
We track 2 other properties on Hanover Dr. Browse the list under "Other properties on Hanover Dr" to compare beds, baths, and sale history.
What are the property facts for 5 Hanover Dr?
5 Hanover Dr is a 4 bed, 4 bath, 2,971 sqft, 32,104 sqft lot single_family.
Is 5 Hanover Dr a flip candidate?
No — 5 Hanover Dr does not appear in our flips dataset.
Is 5 Hanover Dr a tax-appeal candidate?
No — 5 Hanover 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
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$543K
2026 Q4
$533.5K
ZIP 08055 — Median Price History + Forecast

Explore nearby

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