505 Cherry Valley Rd
Montgomery Twp, NJ 08540
3 bd 4 ba 2,815 sqft Built 1986 Lot 44,431 sqft single_family
Most recent sale
$638,000
Feb 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 25, 2022 | Sold | $638,000 | Public Record |
| Feb 10, 2022 | Sold | $638,000 | MLS #3733054 |
| Nov 8, 2021 | Relisted | $638,000 | MLS #2202159R |
| Aug 7, 2021 | Listed | $638,000 | MLS #2202159R |
| Feb 6, 2012 | Listing removed | $750,000 | BrightMLS |
| Sep 8, 2008 | Listed | $750,000 | MLS #5415534 |
| Jun 1, 2000 | Sold | $430,000 | Public Record |
| Mar 27, 1987 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $306,900 | $298,700 | $605,600 | $21,141 |
| 2024 | $306,900 | $298,700 | $605,600 | $20,759 |
| 2023 | $306,900 | $298,700 | $605,600 | $20,729 |
| 2022 | $306,900 | $298,700 | $605,600 | $19,518 |
| 2021 | $306,900 | $298,700 | $605,600 | $19,349 |
| 2020 | $306,900 | $298,700 | $605,600 | $19,185 |
| 2019 | $306,900 | $298,700 | $605,600 | $19,052 |
| 2018 | $306,900 | $298,700 | $605,600 | $18,604 |
| 2017 | $306,900 | $298,700 | $605,600 | $18,319 |
| 2016 | $306,900 | $298,700 | $605,600 | $17,998 |
| 2015 | $306,900 | $298,700 | $605,600 | $17,599 |
| 2014 | $306,900 | $298,700 | $605,600 | $17,363 |
| 2013 | $306,900 | $298,700 | $605,600 | $17,126 |
| 2012 | $306,900 | $298,700 | $605,600 | $16,660 |
| 2011 | $306,900 | $298,700 | $605,600 | $16,357 |
| 2010 | $306,900 | $298,700 | $605,600 | $15,988 |
| 2009 | $306,900 | $298,700 | $605,600 | $15,812 |
| 2008 | $306,900 | $298,700 | $605,600 | $15,497 |
| 2007 | $306,900 | $298,700 | $605,600 | $14,909 |
Property facts
Year built
1986
Property type
single_family
Stories
—
Beds
3
Baths
4
Living area
2,815 sqft
Lot size
44,431 sqft
ZIP code
08540
City
Montgomery Twp
Street
Cherry Valley Rd
Coordinates
40.38138, -74.69674
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,223
Gross rental yield
7.94%
Implied cap rate
5.16%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Cherry Valley Rd last sell?
505 Cherry Valley Rd most recently sold on Feb 25, 2022 for $638,000.
What is the current tax assessment for 505 Cherry Valley Rd?
The most recent total assessment for 505 Cherry Valley Rd (year 2025) is $605,600 with $21,141 in property tax.
How does 505 Cherry Valley Rd's assessment compare to its last sale price?
The current assessment is 5.1% below the last sale price of $638,000.
When was 505 Cherry Valley Rd built?
505 Cherry Valley Rd was built in 1986.
How does 505 Cherry Valley Rd compare to others on Cherry Valley Rd?
We track 8 other properties on Cherry Valley Rd. Browse the list under "Other properties on Cherry Valley Rd" to compare beds, baths, and sale history.
What are the property facts for 505 Cherry Valley Rd?
505 Cherry Valley Rd is a 3 bed, 4 bath, 2,815 sqft, 44,431 sqft lot single_family.
Is 505 Cherry Valley Rd a flip candidate?
No — 505 Cherry Valley Rd does not appear in our flips dataset.
Is 505 Cherry Valley Rd a tax-appeal candidate?
No — 505 Cherry Valley Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.6%
Implied 1-yr
+26.6%
2026 Q3
$2.54M
2026 Q4
$2.54M
ZIP 08540 — Median Price History + Forecast
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