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16 Nelson Dr

Milltown, NJ 08850

3 bd 3 ba 1,731 sqft Built 1983 Lot 16,858 sqft single_family
Most recent sale
$610,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $610,000 MLS #2211210R
Mar 23, 2022 Listed $520,000 MLS #2211210R
Nov 17, 2015 Sold $415,000 Public Record
Sep 14, 2015 Listing removed $419,000 AllJerseyMLS
Aug 29, 2015 Listed $419,000 MLS #1605437
Dec 9, 1994 Sold $197,500 Public Record
Feb 1, 1984 Sold $101,761 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $115,100 $86,800 $201,900 $14,034
2024 $115,100 $86,800 $201,900 $13,636
2023 $115,100 $86,800 $201,900 $13,387
2022 $115,100 $86,800 $201,900 $13,327
2021 $115,100 $86,800 $201,900 $13,051
2020 $115,100 $86,800 $201,900 $12,735
2019 $115,100 $86,800 $201,900 $12,239
2018 $115,100 $86,800 $201,900 $11,514
2017 $115,100 $86,800 $201,900 $11,116
2016 $115,100 $92,800 $207,900 $11,039
2015 $115,100 $86,800 $201,900 $10,496
2014 $115,100 $86,800 $201,900 $10,127
2013 $115,100 $86,800 $201,900 $9,834
2012 $115,100 $86,800 $201,900 $9,493
2011 $115,100 $86,800 $201,900 $9,279
2010 $115,100 $86,800 $201,900 $9,037
2009 $115,100 $86,800 $201,900 $8,609
2008 $115,100 $86,800 $201,900 $8,170
2007 $115,100 $86,800 $201,900 $7,853

Property facts

Year built
1983
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,731 sqft
Lot size
16,858 sqft
ZIP code
08850
City
Milltown
Street
Nelson Dr
Coordinates
40.45308, -74.44564

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,597
Gross rental yield
5.11%
Implied cap rate
3.32%
Trend-extrapolated value

Frequently asked questions

When did 16 Nelson Dr last sell?
16 Nelson Dr most recently sold on May 31, 2022 for $610,000.
What is the current tax assessment for 16 Nelson Dr?
The most recent total assessment for 16 Nelson Dr (year 2025) is $201,900 with $14,034 in property tax.
How does 16 Nelson Dr's assessment compare to its last sale price?
The current assessment is 66.9% below the last sale price of $610,000.
When was 16 Nelson Dr built?
16 Nelson Dr was built in 1983.
How does 16 Nelson Dr compare to others on Nelson Dr?
We track 2 other properties on Nelson Dr. Browse the list under "Other properties on Nelson Dr" to compare beds, baths, and sale history.
What are the property facts for 16 Nelson Dr?
16 Nelson Dr is a 3 bed, 3 bath, 1,731 sqft, 16,858 sqft lot single_family.
Is 16 Nelson Dr a flip candidate?
No — 16 Nelson Dr does not appear in our flips dataset.
Is 16 Nelson Dr a tax-appeal candidate?
No — 16 Nelson Dr 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
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$571.3K
2026 Q4
$580.6K
ZIP 08850 — Median Price History + Forecast

Explore nearby

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