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137 Cherry Tree Farm Rd

Middletown, NJ 07748

4 bd 2 ba 1,594 sqft Built 1955 Lot 22,216 sqft single_family
Most recent sale
$505,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $505,000 Public Record
Jun 10, 2022 Sold $505,000 MoreMLS
Mar 25, 2022 Listed $440,000 MLS #22208401
Sep 10, 2019 Sold $330,000 Public Record
Aug 28, 2019 Sold $330,000 MoreMLS
Mar 21, 2019 Listed $339,900 MLS #21911453
Nov 26, 2018 Listing removed $349,900 MoreMLS
Jun 25, 2018 Price changed $349,900 MLS #21820536
May 24, 2018 Listed $365,500 MLS #21820536

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $133,700 $416,300 $550,000 $8,877
2024 $133,700 $416,300 $550,000 $8,192
2023 $128,200 $315,200 $443,400 $7,706
2022 $124,300 $285,200 $409,500 $7,710
2021 $118,900 $231,200 $350,100 $7,282
2020 $116,200 $241,900 $358,100 $7,656
2019 $115,500 $249,200 $364,700 $7,702
2018 $110,100 $235,100 $345,200 $7,480
2017 $106,800 $220,500 $327,300 $7,164
2016 $105,700 $220,500 $326,200 $6,951
2015 $105,700 $220,500 $326,200 $6,967
2014 $106,100 $193,500 $299,600 $6,308
2013 $106,100 $193,500 $299,600 $6,161
2012 $106,100 $193,500 $299,600 $6,537
2011 $106,100 $193,500 $299,600 $6,474
2010 $115,300 $220,500 $335,800 $6,245
2009 $115,300 $220,500 $335,800 $6,014
2008 $82,700 $78,900 $161,600 $6,148
2007 $82,700 $78,900 $161,600 $6,148

Property facts

Year built
1955
Property type
single_family
Stories
3
Beds
4
Baths
2
Living area
1,594 sqft
Lot size
22,216 sqft
ZIP code
07748
City
Middletown
Street
Cherry Tree Farm Rd
Coordinates
40.41239, -74.13094

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
$2,391
Gross rental yield
5.68%
Implied cap rate
3.69%
Trend-extrapolated value

Frequently asked questions

When did 137 Cherry Tree Farm Rd last sell?
137 Cherry Tree Farm Rd most recently sold on Jul 6, 2022 for $505,000.
What is the current tax assessment for 137 Cherry Tree Farm Rd?
The most recent total assessment for 137 Cherry Tree Farm Rd (year 2025) is $550,000 with $8,877 in property tax.
How does 137 Cherry Tree Farm Rd's assessment compare to its last sale price?
The current assessment is 8.9% above the last sale price of $505,000.
When was 137 Cherry Tree Farm Rd built?
137 Cherry Tree Farm Rd was built in 1955.
How does 137 Cherry Tree Farm Rd compare to others on Cherry Tree Farm Rd?
We track 8 other properties on Cherry Tree Farm Rd. Browse the list under "Other properties on Cherry Tree Farm Rd" to compare beds, baths, and sale history.
What are the property facts for 137 Cherry Tree Farm Rd?
137 Cherry Tree Farm Rd is a 4 bed, 2 bath, 1,594 sqft, 22,216 sqft lot single_family.
Is 137 Cherry Tree Farm Rd a flip candidate?
No — 137 Cherry Tree Farm Rd does not appear in our flips dataset.
Is 137 Cherry Tree Farm Rd a tax-appeal candidate?
No — 137 Cherry Tree Farm 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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