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275 Pelican Rd

Middletown, NJ 07748

3 bd 4 ba 2,268 sqft Built 1971 Lot 27,878 sqft single_family
Most recent sale
$695,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 14, 2022 Sold $695,000 MLS #22222346
Jul 28, 2022 Price changed $695,000 MLS #22222346
Jul 15, 2022 Listed $750,000 MLS #22222346

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $285,900 $433,100 $719,000 $11,604
2024 $285,900 $433,100 $719,000 $10,934
2023 $294,600 $318,300 $612,900 $10,652
2022 $285,200 $294,300 $579,500 $10,911
2021 $253,700 $265,300 $519,000 $10,795
2020 $247,900 $265,300 $513,200 $10,972
2019 $246,500 $265,300 $511,800 $10,809
2018 $283,300 $265,300 $548,600 $11,888
2017 $278,500 $265,300 $543,800 $11,550
2016 $271,500 $270,300 $541,800 $11,546
2015 $268,300 $250,300 $518,600 $11,077
2014 $245,200 $240,300 $485,500 $10,628
2013 $245,200 $240,300 $485,500 $10,390
2012 $245,200 $240,300 $485,500 $10,234
2011 $245,200 $240,300 $485,500 $10,132
2010 $266,500 $290,300 $556,800 $9,995
2009 $266,500 $290,300 $556,800 $9,605
2008 $150,900 $128,200 $279,100 $10,212
2007 $150,900 $128,200 $279,100 $10,212

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,268 sqft
Lot size
27,878 sqft
ZIP code
07748
City
Middletown
Street
Pelican Rd
Coordinates
40.36775, -74.13474

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
$3,402
Gross rental yield
5.87%
Implied cap rate
3.82%
Trend-extrapolated value

Frequently asked questions

When did 275 Pelican Rd last sell?
275 Pelican Rd most recently sold on Sep 14, 2022 for $695,000.
What is the current tax assessment for 275 Pelican Rd?
The most recent total assessment for 275 Pelican Rd (year 2025) is $719,000 with $11,604 in property tax.
How does 275 Pelican Rd's assessment compare to its last sale price?
The current assessment is 3.5% above the last sale price of $695,000.
When was 275 Pelican Rd built?
275 Pelican Rd was built in 1971.
How does 275 Pelican Rd compare to others on Pelican Rd?
We track 8 other properties on Pelican Rd. Browse the list under "Other properties on Pelican Rd" to compare beds, baths, and sale history.
What are the property facts for 275 Pelican Rd?
275 Pelican Rd is a 3 bed, 4 bath, 2,268 sqft, 27,878 sqft lot single_family.
Is 275 Pelican Rd a flip candidate?
No — 275 Pelican Rd does not appear in our flips dataset.
Is 275 Pelican Rd a tax-appeal candidate?
No — 275 Pelican 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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