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12 Pate Dr

Middletown, NJ 07748

3 bd 4 ba 2,826 sqft Built 2011 Lot 871 sqft townhomes
Most recent sale
$560,000
Nov 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 17, 2021 Sold $560,000 MLS #22130252
Sep 13, 2021 Listed $529,000 MLS #22130252
Dec 9, 2014 Sold $417,500 Public Record
Dec 2, 2014 Sold $417,500 MoreMLS
Aug 19, 2014 Price changed $429,900 MLS #21420628
Jun 18, 2014 Price changed $440,000 MLS #21420628
May 23, 2014 Listed $450,000 MLS #21420628
Jan 7, 2011 Sold $402,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $371,700 $275,000 $646,700 $10,437
2024 $371,700 $275,000 $646,700 $10,184
2023 $360,500 $220,000 $580,500 $10,089
2022 $335,900 $170,000 $505,900 $9,526
2021 $302,200 $165,000 $467,200 $9,718
2020 $295,400 $120,000 $415,400 $8,881
2019 $297,000 $120,000 $417,000 $8,807
2018 $283,200 $120,000 $403,200 $8,737
2017 $273,800 $150,000 $423,800 $9,002
2016 $281,900 $155,000 $436,900 $9,310
2015 $274,800 $135,000 $409,800 $8,753
2014 $245,400 $135,000 $380,400 $8,327
2013 $245,400 $135,000 $380,400 $8,141
2012 $245,400 $135,000 $380,400 $8,019
2011 $67,500 $67,500 $1,409
2010 $50,000 $50,000 $898
2009 $100,000 $100,000 $1,725

Property facts

Year built
2011
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
2,826 sqft
Lot size
871 sqft
ZIP code
07748
City
Middletown
Street
Pate Dr
Coordinates
40.40410, -74.12275

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
$4,239
Gross rental yield
9.08%
Implied cap rate
5.90%
Trend-extrapolated value

Frequently asked questions

When did 12 Pate Dr last sell?
12 Pate Dr most recently sold on Nov 17, 2021 for $560,000.
What is the current tax assessment for 12 Pate Dr?
The most recent total assessment for 12 Pate Dr (year 2025) is $646,700 with $10,437 in property tax.
How does 12 Pate Dr's assessment compare to its last sale price?
The current assessment is 15.5% above the last sale price of $560,000.
When was 12 Pate Dr built?
12 Pate Dr was built in 2011.
How does 12 Pate Dr compare to others on Pate Dr?
We track 8 other properties on Pate Dr. Browse the list under "Other properties on Pate Dr" to compare beds, baths, and sale history.
What are the property facts for 12 Pate Dr?
12 Pate Dr is a 3 bed, 4 bath, 2,826 sqft, 871 sqft lot townhomes.
Is 12 Pate Dr a flip candidate?
No — 12 Pate Dr does not appear in our flips dataset.
Is 12 Pate Dr a tax-appeal candidate?
Yes — 12 Pate Dr 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 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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