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39 School St

Metuchen, NJ 08840

3 bd 2 ba 1,087 sqft Built 1967 Lot 8,002 sqft single_family
Most recent sale
$615,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $615,000 MLS #2210194R
Mar 30, 2022 Relisted $599,000 MLS #2210194R
Mar 28, 2022 Listing removed $599,000 AllJerseyMLS
Mar 2, 2022 Listed $599,000 MLS #2210194R
Jan 8, 2021 Sold $400,000 Public Record
Oct 1, 1999 Sold $180,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $80,200 $91,000 $171,200 $12,420
2024 $80,200 $91,000 $171,200 $11,906
2023 $80,200 $91,000 $171,200 $11,508
2022 $61,000 $91,000 $152,000 $9,683
2021 $61,000 $91,000 $152,000 $9,462
2020 $61,000 $91,000 $152,000 $9,337
2019 $61,000 $91,000 $152,000 $9,062
2018 $61,000 $91,000 $152,000 $9,028
2017 $60,400 $88,500 $148,900 $8,816
2016 $60,400 $88,500 $148,900 $8,591
2015 $60,400 $88,500 $148,900 $8,400
2014 $60,400 $88,500 $148,900 $8,190
2013 $60,400 $88,500 $148,900 $8,024
2012 $60,400 $88,500 $148,900 $7,809
2011 $60,400 $88,500 $148,900 $7,657
2010 $60,400 $88,500 $148,900 $7,365
2009 $60,400 $88,500 $148,900 $7,105
2008 $60,400 $88,500 $148,900 $6,840
2007 $60,400 $88,500 $148,900 $6,521

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,087 sqft
Lot size
8,002 sqft
ZIP code
08840
City
Metuchen
Street
School St
Coordinates
40.54270, -74.36786

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
$3,690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 39 School St last sell?
39 School St most recently sold on May 25, 2022 for $615,000.
What is the current tax assessment for 39 School St?
The most recent total assessment for 39 School St (year 2025) is $171,200 with $12,420 in property tax.
How does 39 School St's assessment compare to its last sale price?
The current assessment is 72.2% below the last sale price of $615,000.
When was 39 School St built?
39 School St was built in 1967.
How does 39 School St compare to others on School St?
We track 3 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 39 School St?
39 School St is a 3 bed, 2 bath, 1,087 sqft, 8,002 sqft lot single_family.
Is 39 School St a flip candidate?
Yes — 39 School St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 39 School St a tax-appeal candidate?
No — 39 School 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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