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7 Joanna Way

Millburn, NJ 07078

5 bd 6 ba 5,594 sqft Built 1949 Lot 25,265 sqft single_family
Most recent sale
$2,625,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $2,625,000 Public Record
Jun 27, 2022 Sold $2,625,000 MLS #3776580
Apr 20, 2022 Listed $2,495,000 MLS #3776580
May 7, 2019 Sold $926,000 Public Record
Feb 2, 2019 Listing removed $1,150,000 GardenState
Oct 9, 2018 Listed $1,150,000 MLS #3509017

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $847,200 $669,600 $1,516,800 $30,624
2024 $847,200 $669,600 $1,516,800 $30,062
2023 $847,200 $669,600 $1,516,800 $29,668
2022 $847,200 $669,600 $1,516,800 $29,471
2021 $847,200 $669,600 $1,516,800 $29,395
2020 $335,400 $669,600 $1,005,000 $19,356
2019 $535,400 $941,600 $1,477,000 $28,506
2018 $535,400 $941,600 $1,477,000 $28,092
2017 $535,400 $941,600 $1,477,000 $27,413
2016 $818,400 $668,500 $1,486,900 $32,027
2015 $818,400 $668,500 $1,486,900 $31,299
2014 $818,400 $668,500 $1,486,900 $29,975
2013 $818,400 $668,500 $1,486,900 $28,756
2012 $818,400 $668,500 $1,486,900 $28,236
2010 $818,400 $668,500 $1,486,900 $26,674
2009 $818,400 $668,500 $1,486,900 $26,095
2008 $818,400 $668,500 $1,486,900 $24,816
2007 $818,400 $668,500 $1,486,900 $23,493

Property facts

Year built
1949
Property type
single_family
Stories
Beds
5
Baths
6
Living area
5,594 sqft
Lot size
25,265 sqft
ZIP code
07078
City
Millburn
Street
Joanna Way
Coordinates
40.73731, -74.32222

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
$8,391
Gross rental yield
3.84%
Implied cap rate
2.49%
Trend-extrapolated value

Frequently asked questions

When did 7 Joanna Way last sell?
7 Joanna Way most recently sold on Jul 20, 2022 for $2,625,000.
What is the current tax assessment for 7 Joanna Way?
The most recent total assessment for 7 Joanna Way (year 2025) is $1,516,800 with $30,624 in property tax.
How does 7 Joanna Way's assessment compare to its last sale price?
The current assessment is 42.2% below the last sale price of $2,625,000.
When was 7 Joanna Way built?
7 Joanna Way was built in 1949.
How does 7 Joanna Way compare to others on Joanna Way?
We track 7 other properties on Joanna Way. Browse the list under "Other properties on Joanna Way" to compare beds, baths, and sale history.
What are the property facts for 7 Joanna Way?
7 Joanna Way is a 5 bed, 6 bath, 5,594 sqft, 25,265 sqft lot single_family.
Is 7 Joanna Way a flip candidate?
No — 7 Joanna Way does not appear in our flips dataset.
Is 7 Joanna Way a tax-appeal candidate?
No — 7 Joanna 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
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$3.76M
2026 Q4
$3.88M
ZIP 07078 — Median Price History + Forecast

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