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5 Berkshire Way

Milford, NJ 08848

4 bd 4 ba 4,182 sqft Built 2003 Lot 157,252 sqft single_family
Most recent sale
$690,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $690,000 MLS #NJHT2000962
Jul 20, 2022 Relisted $699,900 MLS #3783895
Jun 27, 2022 Price changed $699,900 MLS #3783895
May 31, 2022 Price changed $725,000 MLS #3783895
May 20, 2022 Listed $749,900 MLS #3783895
Sep 12, 2003 Sold $619,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $453,500 $113,100 $566,600 $18,958
2024 $453,500 $113,100 $566,600 $18,357
2023 $453,500 $113,100 $566,600 $17,751
2022 $453,500 $113,100 $566,600 $17,320
2021 $453,500 $113,100 $566,600 $16,754
2020 $453,500 $113,100 $566,600 $16,233
2019 $453,500 $113,100 $566,600 $15,513
2018 $453,500 $113,100 $566,600 $14,924
2017 $453,500 $113,100 $566,600 $15,037
2016 $453,500 $113,100 $566,600 $14,663
2015 $453,500 $113,100 $566,600 $14,504
2014 $453,500 $113,100 $566,600 $13,989
2013 $485,300 $146,100 $631,400 $12,261
2012 $485,300 $146,100 $631,400 $12,274
2011 $485,300 $146,100 $631,400 $12,457
2010 $485,300 $146,100 $631,400 $12,331
2009 $485,300 $146,100 $631,400 $12,091
2008 $485,300 $146,100 $631,400 $11,693
2007 $485,300 $146,100 $631,400 $11,554

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,182 sqft
Lot size
157,252 sqft
ZIP code
08848
City
Milford
Street
Berkshire Way
Coordinates
40.60261, -75.15080

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,273
Gross rental yield
10.91%
Implied cap rate
7.09%
Trend-extrapolated value

Frequently asked questions

When did 5 Berkshire Way last sell?
5 Berkshire Way most recently sold on Sep 30, 2022 for $690,000.
What is the current tax assessment for 5 Berkshire Way?
The most recent total assessment for 5 Berkshire Way (year 2025) is $566,600 with $18,958 in property tax.
How does 5 Berkshire Way's assessment compare to its last sale price?
The current assessment is 17.9% below the last sale price of $690,000.
When was 5 Berkshire Way built?
5 Berkshire Way was built in 2003.
How does 5 Berkshire Way compare to others on Berkshire Way?
We do not currently track other properties on Berkshire Way.
What are the property facts for 5 Berkshire Way?
5 Berkshire Way is a 4 bed, 4 bath, 4,182 sqft, 157,252 sqft lot single_family.
Is 5 Berkshire Way a flip candidate?
No — 5 Berkshire Way does not appear in our flips dataset.
Is 5 Berkshire Way a tax-appeal candidate?
No — 5 Berkshire Way 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
+2.5%
Implied 1-yr
+10.1%
2026 Q2
$629.1K
2026 Q3
$642.7K
ZIP 08848 — Median Price History + Forecast

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