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198 Borden Rd

Middletown, NJ 07748

4 bd 3 ba 2,925 sqft Built 1977 Lot 32,670 sqft single_family
Most recent sale
$1,045,000
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $1,045,000 MLS #22217942
Jun 10, 2022 Listed $1,000,000 MLS #22217942
Dec 7, 2015 Sold $630,000 Public Record
Nov 12, 2015 Sold $630,000 MoreMLS
Sep 14, 2015 Listed $649,000 MLS #21535705
Dec 21, 1998 Sold $365,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $563,700 $500,300 $1,064,000 $17,172
2024 $563,700 $500,300 $1,064,000 $16,571
2023 $584,800 $363,000 $947,800 $16,472
2022 $456,500 $333,000 $789,500 $14,866
2021 $401,500 $298,000 $699,500 $14,550
2020 $392,400 $298,000 $690,400 $14,761
2019 $395,200 $298,000 $693,200 $14,640
2018 $377,200 $298,000 $675,200 $14,632
2017 $340,200 $298,000 $638,200 $13,555
2016 $287,800 $303,000 $590,800 $12,590
2015 $285,800 $283,000 $568,800 $12,150
2014 $283,700 $273,000 $556,700 $12,186
2013 $283,700 $273,000 $556,700 $11,913
2012 $283,700 $273,000 $556,700 $11,735
2011 $283,700 $273,000 $556,700 $11,618
2010 $308,300 $323,000 $631,300 $11,332
2009 $308,300 $323,000 $631,300 $10,890
2008 $207,400 $147,600 $355,000 $12,989
2007 $207,400 $147,600 $355,000 $12,989

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,925 sqft
Lot size
32,670 sqft
ZIP code
07748
City
Middletown
Street
Borden Rd
Coordinates
40.37069, -74.13620

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
$4,388
Gross rental yield
5.04%
Implied cap rate
3.28%
Trend-extrapolated value

Frequently asked questions

When did 198 Borden Rd last sell?
198 Borden Rd most recently sold on Jul 25, 2022 for $1,045,000.
What is the current tax assessment for 198 Borden Rd?
The most recent total assessment for 198 Borden Rd (year 2025) is $1,064,000 with $17,172 in property tax.
How does 198 Borden Rd's assessment compare to its last sale price?
The current assessment is 1.8% above the last sale price of $1,045,000.
When was 198 Borden Rd built?
198 Borden Rd was built in 1977.
How does 198 Borden Rd compare to others on Borden Rd?
We track 8 other properties on Borden Rd. Browse the list under "Other properties on Borden Rd" to compare beds, baths, and sale history.
What are the property facts for 198 Borden Rd?
198 Borden Rd is a 4 bed, 3 bath, 2,925 sqft, 32,670 sqft lot single_family.
Is 198 Borden Rd a flip candidate?
No — 198 Borden Rd does not appear in our flips dataset.
Is 198 Borden Rd a tax-appeal candidate?
No — 198 Borden Rd 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
+3.7%
Implied 1-yr
+14.9%
2026 Q3
$987.5K
2026 Q4
$1.02M
ZIP 07748 — Median Price History + Forecast

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