40 New Monmouth Rd
Middletown, NJ 07748
4 bd 3 ba 3,800 sqft Built 1948 Lot 34,412 sqft single_family
Most recent sale
$610,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $610,000 | Public Record |
| Apr 26, 2022 | Sold | $610,000 | MoreMLS |
| Jan 29, 2022 | Listed | $599,999 | MLS #22202468 |
| Dec 1, 2021 | Price changed | $599,999 | MLS #22131438 |
| Nov 11, 2021 | Price changed | $649,900 | MLS #22131438 |
| Oct 26, 2021 | Price changed | $679,999 | MLS #22131438 |
| Oct 13, 2021 | Price changed | $699,900 | MLS #22131438 |
| Oct 2, 2021 | Listed | $724,900 | MLS #22131438 |
| Sep 11, 2007 | Sold | $565,000 | Public Record |
| Jan 31, 1997 | Sold | $138,500 | Public Record |
| Jul 31, 1987 | Sold | $171,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $434,400 | $401,600 | $836,000 | $13,493 |
| 2024 | $434,400 | $401,600 | $836,000 | $12,406 |
| 2023 | $346,500 | $290,500 | $637,000 | $11,071 |
| 2022 | $310,700 | $267,800 | $578,500 | $10,893 |
| 2021 | $276,400 | $241,900 | $518,300 | $10,781 |
| 2020 | $248,000 | $244,100 | $492,100 | $10,521 |
| 2019 | $246,600 | $244,100 | $490,700 | $10,363 |
| 2018 | $235,100 | $244,100 | $479,200 | $10,384 |
| 2017 | $243,800 | $244,100 | $487,900 | $10,363 |
| 2016 | $252,800 | $244,100 | $496,900 | $10,588 |
| 2015 | $252,700 | $244,100 | $496,800 | $10,611 |
| 2014 | $230,900 | $217,100 | $448,000 | $9,806 |
| 2013 | $230,900 | $217,100 | $448,000 | $9,587 |
| 2012 | $230,900 | $217,100 | $448,000 | $9,443 |
| 2011 | $230,900 | $217,100 | $448,000 | $9,349 |
| 2010 | $251,000 | $244,100 | $495,100 | $8,887 |
| 2009 | $251,000 | $244,100 | $495,100 | $8,540 |
| 2008 | $136,600 | $99,500 | $236,100 | $8,273 |
| 2007 | $136,600 | $99,500 | $236,100 | $8,273 |
Property facts
Year built
1948
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
3,800 sqft
Lot size
34,412 sqft
ZIP code
07748
City
Middletown
Street
New Monmouth Rd
Coordinates
40.40315, -74.11115
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,700
Gross rental yield
11.21%
Implied cap rate
7.29%
Trend-extrapolated value
—
Frequently asked questions
When did 40 New Monmouth Rd last sell?
40 New Monmouth Rd most recently sold on Apr 29, 2022 for $610,000.
What is the current tax assessment for 40 New Monmouth Rd?
The most recent total assessment for 40 New Monmouth Rd (year 2025) is $836,000 with $13,493 in property tax.
How does 40 New Monmouth Rd's assessment compare to its last sale price?
The current assessment is 37.0% above the last sale price of $610,000.
When was 40 New Monmouth Rd built?
40 New Monmouth Rd was built in 1948.
How does 40 New Monmouth Rd compare to others on New Monmouth Rd?
We track 6 other properties on New Monmouth Rd. Browse the list under "Other properties on New Monmouth Rd" to compare beds, baths, and sale history.
What are the property facts for 40 New Monmouth Rd?
40 New Monmouth Rd is a 4 bed, 3 bath, 3,800 sqft, 34,412 sqft lot single_family.
Is 40 New Monmouth Rd a flip candidate?
No — 40 New Monmouth Rd does not appear in our flips dataset.
Is 40 New Monmouth Rd a tax-appeal candidate?
Yes — 40 New Monmouth Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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
Other properties on New Monmouth Rd