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11 Penny Ln

Medford, NJ 08055

4 bd 4 ba 3,535 sqft Built 1995 single_family
Most recent sale
$762,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $762,000 MLS #NJBL2023774
Apr 26, 2022 Listed $685,000 MLS #NJBL2023774
Nov 4, 1994 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $399,200 $108,800 $508,000 $19,070
2024 $399,200 $108,800 $508,000 $18,028
2023 $399,200 $108,800 $508,000 $16,855
2022 $389,800 $108,800 $498,600 $16,204
2021 $389,800 $108,800 $498,600 $16,115
2020 $389,800 $108,800 $498,600 $16,015
2019 $389,800 $108,800 $498,600 $15,801
2018 $389,800 $108,800 $498,600 $15,581
2017 $389,800 $108,800 $498,600 $15,472
2016 $389,800 $108,800 $498,600 $15,417
2015 $389,800 $108,800 $498,600 $15,187
2014 $371,100 $108,800 $479,900 $14,171
2013 $371,100 $108,800 $479,900 $13,706
2012 $371,100 $108,800 $479,900 $13,236
2011 $177,200 $104,200 $281,400 $12,579
2010 $177,200 $104,200 $281,400 $12,401
2009 $177,200 $104,200 $281,400 $12,123
2008 $177,200 $104,200 $281,400 $12,035
2007 $177,200 $104,200 $281,400 $12,128

Property facts

Year built
1995
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,535 sqft
Lot size
ZIP code
08055
City
Medford
Street
Penny Ln
Coordinates
39.84829, -74.86251

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
$5,303
Gross rental yield
8.35%
Implied cap rate
5.43%
Trend-extrapolated value

Frequently asked questions

When did 11 Penny Ln last sell?
11 Penny Ln most recently sold on Jul 14, 2022 for $762,000.
What is the current tax assessment for 11 Penny Ln?
The most recent total assessment for 11 Penny Ln (year 2025) is $508,000 with $19,070 in property tax.
How does 11 Penny Ln's assessment compare to its last sale price?
The current assessment is 33.3% below the last sale price of $762,000.
When was 11 Penny Ln built?
11 Penny Ln was built in 1995.
How does 11 Penny Ln compare to others on Penny Ln?
We track 3 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 11 Penny Ln?
11 Penny Ln is a 4 bed, 4 bath, 3,535 sqft single_family.
Is 11 Penny Ln a flip candidate?
No — 11 Penny Ln does not appear in our flips dataset.
Is 11 Penny Ln a tax-appeal candidate?
No — 11 Penny 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
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$543K
2026 Q4
$533.5K
ZIP 08055 — Median Price History + Forecast

Explore nearby

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