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7 Cypress St

Millburn, NJ 07041

4 bd 2 ba 2,531 sqft Built 1952 Lot 5,227 sqft single_family
Most recent sale
$800,000
Dec 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2022 Sold $800,000 GardenState
Nov 22, 2022 Listing removed NewJerseyMLS
Oct 17, 2022 Listed $800,000 NewJerseyMLS
Sep 2, 2020 Listing removed GardenState
Jul 24, 2020 Price changed (rent) $3,900 GardenState
Jul 7, 2020 Listed for rent $4,000 GardenState
Oct 11, 1989 Sold $163,000 Public Record
May 23, 1986 Sold $101,000 Public Record
Jan 1, 1983 Sold $71,500 Public Record
Jun 1, 1982 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $249,600 $356,700 $606,300 $12,241
2024 $249,600 $356,700 $606,300 $12,016
2023 $249,600 $356,700 $606,300 $11,859
2022 $249,600 $356,700 $606,300 $11,780
2021 $249,600 $356,700 $606,300 $11,750
2020 $249,600 $356,700 $606,300 $11,677
2019 $249,600 $356,700 $606,300 $11,701
2018 $249,600 $356,700 $606,300 $11,531
2017 $249,600 $356,700 $606,300 $11,252
2016 $288,000 $210,300 $498,300 $10,733
2015 $288,000 $210,300 $498,300 $10,489
2014 $288,000 $210,300 $498,300 $10,045
2013 $288,000 $210,300 $498,300 $9,637
2012 $226,500 $210,300 $436,800 $8,294
2010 $226,500 $210,300 $436,800 $7,836
2009 $226,500 $210,300 $436,800 $7,665
2008 $226,500 $210,300 $436,800 $7,290
2007 $226,500 $210,300 $436,800 $6,901

Property facts

Year built
1952
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,531 sqft
Lot size
5,227 sqft
ZIP code
07041
City
Millburn
Street
Cypress St
Coordinates
40.72338, -74.28548

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,797
Gross rental yield
5.70%
Implied cap rate
3.70%
Trend-extrapolated value

Frequently asked questions

When did 7 Cypress St last sell?
7 Cypress St most recently sold on Dec 1, 2022 for $800,000.
What is the current tax assessment for 7 Cypress St?
The most recent total assessment for 7 Cypress St (year 2025) is $606,300 with $12,241 in property tax.
How does 7 Cypress St's assessment compare to its last sale price?
The current assessment is 24.2% below the last sale price of $800,000.
When was 7 Cypress St built?
7 Cypress St was built in 1952.
How does 7 Cypress St compare to others on Cypress St?
We track 8 other properties on Cypress St. Browse the list under "Other properties on Cypress St" to compare beds, baths, and sale history.
What are the property facts for 7 Cypress St?
7 Cypress St is a 4 bed, 2 bath, 2,531 sqft, 5,227 sqft lot single_family.
Is 7 Cypress St a flip candidate?
No — 7 Cypress St does not appear in our flips dataset.
Is 7 Cypress St a tax-appeal candidate?
No — 7 Cypress St 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
+4.0%
Implied 1-yr
+16.0%
2025 Q4
$1.5M
2026 Q1
$1.54M
ZIP 07041 — Median Price History + Forecast

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