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16 Pate Dr

Middletown, NJ 07748

3 bd 4 ba 2,808 sqft Built 2010 Lot 871 sqft townhomes
Most recent sale
$650,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $650,000 MLS #22225318
Aug 10, 2022 Listed $660,000 MLS #22225318
Jun 20, 2016 Sold $435,000 Public Record
Feb 22, 2016 Listed $445,000 MLS #21606359
Mar 21, 2011 Sold $397,925 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $400,900 $280,000 $680,900 $10,989
2024 $400,900 $280,000 $680,900 $10,916
2023 $388,800 $220,000 $608,800 $10,580
2022 $370,200 $170,000 $540,200 $10,171
2021 $333,000 $165,000 $498,000 $10,358
2020 $325,500 $120,000 $445,500 $9,525
2019 $327,200 $120,000 $447,200 $9,445
2018 $312,000 $120,000 $432,000 $9,361
2017 $308,400 $150,000 $458,400 $9,736
2016 $284,200 $155,000 $439,200 $9,359
2015 $277,100 $135,000 $412,100 $8,802
2014 $253,200 $135,000 $388,200 $8,498
2013 $253,200 $135,000 $388,200 $8,307
2012 $253,200 $135,000 $388,200 $8,183
2011 $67,500 $67,500 $1,409
2010 $50,000 $50,000 $898
2009 $100,000 $100,000 $1,725

Property facts

Year built
2010
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
2,808 sqft
Lot size
871 sqft
ZIP code
07748
City
Middletown
Street
Pate Dr
Coordinates
40.40409, -74.12259

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,212
Gross rental yield
7.78%
Implied cap rate
5.05%
Trend-extrapolated value

Frequently asked questions

When did 16 Pate Dr last sell?
16 Pate Dr most recently sold on Oct 7, 2022 for $650,000.
What is the current tax assessment for 16 Pate Dr?
The most recent total assessment for 16 Pate Dr (year 2025) is $680,900 with $10,989 in property tax.
How does 16 Pate Dr's assessment compare to its last sale price?
The current assessment is 4.8% above the last sale price of $650,000.
When was 16 Pate Dr built?
16 Pate Dr was built in 2010.
How does 16 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 16 Pate Dr?
16 Pate Dr is a 3 bed, 4 bath, 2,808 sqft, 871 sqft lot townhomes.
Is 16 Pate Dr a flip candidate?
No — 16 Pate Dr does not appear in our flips dataset.
Is 16 Pate Dr a tax-appeal candidate?
No — 16 Pate Dr 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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