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5407 Essex Ln

Mount Laurel, NJ 08054

2 bd 3 ba 1,400 sqft Built 2000 condos
Most recent sale
$258,500
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $258,500 MLS #NJBL2023866
May 2, 2022 Listed $247,000 MLS #NJBL2023866
Apr 22, 2020 Listed for rent $1,700 RentalBeast
Feb 11, 2012 Listing removed $157,900 BrightMLS
Jul 5, 2006 Sold $218,500 Public Record
Jul 28, 2004 Sold $172,500 Public Record
Aug 27, 2002 Listing removed $1,300 BrightMLS
Jul 9, 2002 Listed for rent $1,300 BrightMLS
Jun 5, 2002 Listed $157,900 MLS #4088652
Dec 18, 2000 Sold $125,525 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,300 $45,000 $165,300 $5,555
2024 $120,300 $45,000 $165,300 $5,218
2023 $120,300 $45,000 $165,300 $5,021
2022 $120,300 $45,000 $165,300 $5,005
2021 $120,300 $45,000 $165,300 $4,911
2020 $120,300 $45,000 $165,300 $4,815
2019 $120,300 $45,000 $165,300 $4,765
2018 $120,300 $45,000 $165,300 $4,729
2017 $120,300 $45,000 $165,300 $4,606
2016 $120,300 $45,000 $165,300 $4,537
2015 $120,300 $45,000 $165,300 $4,484
2014 $120,300 $45,000 $165,300 $4,439
2013 $74,300 $22,500 $96,800 $4,404
2012 $74,300 $22,500 $96,800 $4,198
2011 $74,300 $22,500 $96,800 $4,132
2010 $74,300 $22,500 $96,800 $4,119
2009 $74,300 $22,500 $96,800 $3,929
2008 $74,300 $22,500 $96,800 $3,846
2007 $74,300 $22,500 $96,800 $3,752

Property facts

Year built
2000
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,400 sqft
Lot size
ZIP code
08054
City
Mount Laurel
Street
Essex Ln
Coordinates
39.97716, -74.87409

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,100
Gross rental yield
9.75%
Implied cap rate
6.34%
Trend-extrapolated value

Frequently asked questions

When did 5407 Essex Ln last sell?
5407 Essex Ln most recently sold on Jun 21, 2022 for $258,500.
What is the current tax assessment for 5407 Essex Ln?
The most recent total assessment for 5407 Essex Ln (year 2025) is $165,300 with $5,555 in property tax.
How does 5407 Essex Ln's assessment compare to its last sale price?
The current assessment is 36.1% below the last sale price of $258,500.
When was 5407 Essex Ln built?
5407 Essex Ln was built in 2000.
How does 5407 Essex Ln compare to others on Essex Ln?
We track 8 other properties on Essex Ln. Browse the list under "Other properties on Essex Ln" to compare beds, baths, and sale history.
What are the property facts for 5407 Essex Ln?
5407 Essex Ln is a 2 bed, 3 bath, 1,400 sqft condos.
Is 5407 Essex Ln a flip candidate?
No — 5407 Essex Ln does not appear in our flips dataset.
Is 5407 Essex Ln a tax-appeal candidate?
No — 5407 Essex Ln 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
+0.7%
Implied 1-yr
+2.6%
2026 Q3
$443K
2026 Q4
$445.8K
ZIP 08054 — Median Price History + Forecast

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