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48 Myrtle Ave

Metuchen, NJ 08840

5 bd 5 ba 3,500 sqft Built 2022 Lot 10,049 sqft single_family
Most recent sale
$405,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2023 Sold $1,290,000 AllJerseyMLS
Jul 7, 2022 Sold $405,000 Public Record
Jul 2, 2022 Listed $1,290,000 MLS #2300010R
Jun 29, 2022 Sold $405,000 MLS #2215047R
Jun 3, 2022 Listed $400,000 MLS #2215047R

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $232,900 $95,200 $328,100 $23,803
2024 $232,900 $95,200 $328,100 $6,621
2023 $95,200 $95,200 $6,399
2022 $30,400 $95,200 $125,600 $8,001
2021 $30,400 $95,200 $125,600 $7,819
2020 $30,400 $95,200 $125,600 $7,716
2019 $30,400 $95,200 $125,600 $7,488
2018 $30,400 $95,200 $125,600 $7,461
2017 $30,400 $95,200 $125,600 $7,437
2016 $30,400 $95,200 $125,600 $7,247
2015 $30,400 $95,200 $125,600 $7,086
2014 $30,400 $95,200 $125,600 $6,909
2013 $30,400 $95,200 $125,600 $6,769
2012 $30,400 $95,200 $125,600 $6,588
2011 $30,400 $95,200 $125,600 $6,460
2010 $30,400 $95,200 $125,600 $6,212
2009 $30,400 $95,200 $125,600 $5,994
2008 $30,400 $95,200 $125,600 $5,770
2007 $30,400 $95,200 $125,600 $5,501

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,500 sqft
Lot size
10,049 sqft
ZIP code
08840
City
Metuchen
Street
Myrtle Ave
Coordinates
40.53157, -74.35672

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,430
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 48 Myrtle Ave last sell?
48 Myrtle Ave most recently sold on Jul 7, 2022 for $405,000.
What is the current tax assessment for 48 Myrtle Ave?
The most recent total assessment for 48 Myrtle Ave (year 2025) is $328,100 with $23,803 in property tax.
How does 48 Myrtle Ave's assessment compare to its last sale price?
The current assessment is 19.0% below the last sale price of $405,000.
When was 48 Myrtle Ave built?
48 Myrtle Ave was built in 2022.
How does 48 Myrtle Ave compare to others on Myrtle Ave?
We track 3 other properties on Myrtle Ave. Browse the list under "Other properties on Myrtle Ave" to compare beds, baths, and sale history.
What are the property facts for 48 Myrtle Ave?
48 Myrtle Ave is a 5 bed, 5 bath, 3,500 sqft, 10,049 sqft lot single_family.
Is 48 Myrtle Ave a flip candidate?
Yes — 48 Myrtle Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 48 Myrtle Ave a tax-appeal candidate?
No — 48 Myrtle Ave 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
+3.1%
Implied 1-yr
+12.2%
2026 Q3
$1.05M
2026 Q4
$1.05M
ZIP 08840 — Median Price History + Forecast

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