45 Mechanic St
Millburn, NJ 07041
6 bd 5 ba 3,200 sqft Built 1970 Lot 6,534 sqft multi_family
Most recent sale
$1,395,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $1,395,000 | MLS #3762436 |
| Feb 5, 2022 | Listed | $1,395,000 | MLS #3762443 |
| Mar 6, 2020 | Listed for rent | $3,475 | GardenState |
| Oct 4, 2019 | Listed for rent | $3,600 | GardenState |
| Sep 22, 2018 | Listed for rent | $3,500 | GardenState |
| Sep 21, 2018 | Listing removed | $3,500 | GardenState |
| Sep 7, 2018 | Listed for rent | $3,500 | GardenState |
| May 18, 2018 | Sold | $813,400 | Public Record |
| Dec 5, 2017 | Listing removed | $895,000 | GardenState |
| Dec 1, 2017 | Listed | $895,000 | MLS #3433729 |
| Oct 28, 2017 | Listing removed | $894,500 | GardenState |
| Oct 4, 2017 | Price changed | $894,500 | MLS #3412917 |
| Sep 8, 2017 | Price changed | $899,000 | MLS #3412917 |
| Aug 22, 2017 | Listed | $945,000 | MLS #3412917 |
| Feb 20, 1998 | Sold | $325,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $623,700 | $312,400 | $936,100 | $18,899 |
| 2024 | $623,700 | $312,400 | $936,100 | $18,553 |
| 2023 | $623,700 | $312,400 | $936,100 | $18,310 |
| 2022 | $506,700 | $312,400 | $819,100 | $15,915 |
| 2021 | $506,700 | $312,400 | $819,100 | $15,874 |
| 2020 | $506,700 | $312,400 | $819,100 | $15,775 |
| 2019 | $506,700 | $312,400 | $819,100 | $15,808 |
| 2018 | $506,700 | $312,400 | $819,100 | $15,579 |
| 2017 | $506,700 | $312,400 | $819,100 | $15,202 |
| 2016 | $415,000 | $207,800 | $622,800 | $13,415 |
| 2015 | $415,000 | $207,800 | $622,800 | $13,109 |
| 2014 | $415,000 | $207,800 | $622,800 | $12,555 |
| 2013 | $415,000 | $207,800 | $622,800 | $12,044 |
| 2012 | $415,000 | $207,800 | $622,800 | $11,826 |
| 2010 | $415,000 | $207,800 | $622,800 | $11,173 |
| 2009 | $519,100 | $207,800 | $726,900 | $12,757 |
| 2008 | $519,100 | $238,900 | $758,000 | $12,651 |
| 2007 | $519,100 | $238,900 | $758,000 | $11,976 |
Property facts
Year built
1970
Property type
multi_family
Stories
2
Beds
6
Baths
5
Living area
3,200 sqft
Lot size
6,534 sqft
ZIP code
07041
City
Millburn
Street
Mechanic St
Coordinates
40.71660, -74.31066
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,800
Gross rental yield
4.13%
Implied cap rate
2.68%
Trend-extrapolated value
—
Frequently asked questions
When did 45 Mechanic St last sell?
45 Mechanic St most recently sold on May 2, 2022 for $1,395,000.
What is the current tax assessment for 45 Mechanic St?
The most recent total assessment for 45 Mechanic St (year 2025) is $936,100 with $18,899 in property tax.
How does 45 Mechanic St's assessment compare to its last sale price?
The current assessment is 32.9% below the last sale price of $1,395,000.
When was 45 Mechanic St built?
45 Mechanic St was built in 1970.
How does 45 Mechanic St compare to others on Mechanic St?
We track 4 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 45 Mechanic St?
45 Mechanic St is a 6 bed, 5 bath, 3,200 sqft, 6,534 sqft lot multi_family.
Is 45 Mechanic St a flip candidate?
No — 45 Mechanic St does not appear in our flips dataset.
Is 45 Mechanic St a tax-appeal candidate?
No — 45 Mechanic St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.0%
Implied 1-yr
+16.0%
2025 Q4
$1.5M
2026 Q1
$1.54M
ZIP 07041 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mechanic St