7 Cherry Tree Ln
Middletown, NJ 07748
3 bd 1 ba 1,558 sqft Built 1953 Lot 11,761 sqft single_family
Most recent sale
$575,000
Aug 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 9, 2022 | Sold | $575,000 | Public Record |
| Jul 22, 2022 | Sold | $575,000 | MoreMLS |
| May 20, 2022 | Listed | $535,000 | MLS #22215346 |
| Jan 10, 2020 | Sold | $410,000 | MoreMLS |
| Oct 8, 2019 | Listed | $399,900 | MLS #21941221 |
| Sep 8, 2009 | Sold | $305,000 | Public Record |
| Aug 2, 2009 | Listing removed | $319,900 | MoreMLS |
| Jul 5, 2009 | Price changed | $319,900 | MLS #20922051 |
| Jun 4, 2009 | Listed | $329,900 | MLS #20922051 |
| Jan 16, 1998 | Sold | $90,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $248,100 | $378,100 | $626,200 | $10,106 |
| 2024 | $248,100 | $378,100 | $626,200 | $9,251 |
| 2023 | $215,900 | $321,400 | $537,300 | $9,338 |
| 2022 | $194,500 | $238,100 | $432,600 | $8,145 |
| 2021 | $173,000 | $216,100 | $389,100 | $8,093 |
| 2020 | $106,900 | $207,200 | $314,100 | $6,715 |
| 2019 | $114,300 | $207,200 | $321,500 | $6,790 |
| 2018 | $107,500 | $223,300 | $330,800 | $7,168 |
| 2017 | $104,200 | $179,100 | $283,300 | $6,017 |
| 2016 | $101,600 | $179,100 | $280,700 | $5,982 |
| 2015 | $101,600 | $179,100 | $280,700 | $5,996 |
| 2014 | $92,900 | $169,100 | $262,000 | $5,735 |
| 2013 | $92,900 | $169,100 | $262,000 | $5,607 |
| 2012 | $92,900 | $169,100 | $262,000 | $5,523 |
| 2011 | $92,900 | $169,100 | $262,000 | $5,468 |
| 2010 | $110,900 | $199,100 | $310,000 | $5,565 |
| 2009 | $110,900 | $199,100 | $310,000 | $5,348 |
| 2008 | $81,400 | $70,800 | $152,200 | $5,569 |
| 2007 | $81,400 | $70,800 | $152,200 | $5,569 |
Property facts
Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,558 sqft
Lot size
11,761 sqft
ZIP code
07748
City
Middletown
Street
Cherry Tree Ln
Coordinates
40.39978, -74.12631
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,337
Gross rental yield
4.88%
Implied cap rate
3.17%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Cherry Tree Ln last sell?
7 Cherry Tree Ln most recently sold on Aug 9, 2022 for $575,000.
What is the current tax assessment for 7 Cherry Tree Ln?
The most recent total assessment for 7 Cherry Tree Ln (year 2025) is $626,200 with $10,106 in property tax.
How does 7 Cherry Tree Ln's assessment compare to its last sale price?
The current assessment is 8.9% above the last sale price of $575,000.
When was 7 Cherry Tree Ln built?
7 Cherry Tree Ln was built in 1953.
How does 7 Cherry Tree Ln compare to others on Cherry Tree Ln?
We track 8 other properties on Cherry Tree Ln. Browse the list under "Other properties on Cherry Tree Ln" to compare beds, baths, and sale history.
What are the property facts for 7 Cherry Tree Ln?
7 Cherry Tree Ln is a 3 bed, 1 bath, 1,558 sqft, 11,761 sqft lot single_family.
Is 7 Cherry Tree Ln a flip candidate?
No — 7 Cherry Tree Ln does not appear in our flips dataset.
Is 7 Cherry Tree Ln a tax-appeal candidate?
No — 7 Cherry Tree Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.7%
Implied 1-yr
+14.9%
2026 Q3
$987.5K
2026 Q4
$1.02M
ZIP 07748 — Median Price History + Forecast
Explore nearby
Geography
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