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40 Prospect St

Metuchen, NJ 08840

1 bd 1 ba Built 1979 Lot 331 sqft condos
Most recent sale
$220,000
Jan 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 14, 2022 Sold $220,000 MLS #2205771R
Mar 21, 1997 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $23,400 $37,600 $61,000 $3,797
2020 $23,400 $37,600 $61,000 $3,747
2019 $23,400 $37,600 $61,000 $3,637
2018 $23,400 $37,600 $61,000 $3,623
2017 $23,400 $37,600 $61,000 $3,612
2016 $23,400 $37,600 $61,000 $3,520
2015 $23,400 $37,600 $61,000 $3,442
2014 $23,400 $37,600 $61,000 $3,356
2013 $23,400 $37,600 $61,000 $3,287
2012 $23,400 $37,600 $61,000 $3,199
2011 $23,400 $37,600 $61,000 $3,137
2010 $23,400 $37,600 $61,000 $3,017
2009 $23,400 $37,600 $61,000 $2,911
2008 $23,400 $37,600 $61,000 $2,802

Property facts

Year built
1979
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
Lot size
331 sqft
ZIP code
08840
City
Metuchen
Street
Prospect St
Coordinates
40.53501, -74.37221

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 40 Prospect St last sell?
40 Prospect St most recently sold on Jan 14, 2022 for $220,000.
What is the current tax assessment for 40 Prospect St?
The most recent total assessment for 40 Prospect St (year 2021) is $61,000 with $3,797 in property tax.
How does 40 Prospect St's assessment compare to its last sale price?
The current assessment is 72.3% below the last sale price of $220,000.
When was 40 Prospect St built?
40 Prospect St was built in 1979.
How does 40 Prospect St compare to others on Prospect St?
We track 8 other properties on Prospect St. Browse the list under "Other properties on Prospect St" to compare beds, baths, and sale history.
What are the property facts for 40 Prospect St?
40 Prospect St is a 1 bed, 1 bath, 331 sqft lot condos.
Is 40 Prospect St a flip candidate?
No — 40 Prospect St does not appear in our flips dataset.
Is 40 Prospect St a tax-appeal candidate?
No — 40 Prospect St 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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