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513 Drakestown Rd

Mount Olive, NJ 07836

4 bd 2 ba 2,104 sqft Built 1979 Lot 396,832 sqft single_family
Most recent sale
$600,000
Jun 6, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2025 Sold $665,000 Public Record
Nov 27, 2025 Listed $699,000 AllJerseyMLS
Jun 6, 2023 Sold $600,000 Public Record
Jun 1, 2023 Sold $600,000 GardenState
Apr 2, 2023 Listed $600,000 GardenState
Nov 16, 2022 Listing removed GardenState
Sep 30, 2022 Listed $599,000 GardenState
Feb 17, 1994 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $166,400 $188,700 $355,100 $12,311
2024 $166,400 $188,700 $355,100 $12,375
2023 $166,400 $188,700 $355,100 $11,672
2022 $166,400 $188,700 $355,100 $11,959
2021 $166,400 $188,700 $355,100 $11,924
2020 $166,400 $188,700 $355,100 $11,764
2019 $166,400 $188,700 $355,100 $11,725
2018 $166,400 $188,700 $355,100 $11,611
2017 $166,400 $188,700 $355,100 $11,409
2016 $166,400 $188,700 $355,100 $11,047
2015 $166,400 $188,700 $355,100 $10,961
2014 $166,400 $188,700 $355,100 $10,972
2013 $166,400 $188,700 $355,100 $10,869
2012 $166,400 $188,700 $355,100 $10,993
2011 $166,400 $188,700 $355,100 $10,837
2009 $198,100 $321,500 $519,600 $12,636
2008 $198,100 $321,500 $519,600 $12,065
2007 $140,400 $111,100 $251,500 $10,314

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,104 sqft
Lot size
396,832 sqft
ZIP code
07836
City
Mount Olive
Street
Drakestown Rd
Coordinates
40.82446, -74.73325

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,156
Gross rental yield
6.31%
Implied cap rate
4.10%
Trend-extrapolated value

Frequently asked questions

When did 513 Drakestown Rd last sell?
513 Drakestown Rd most recently sold on Jun 6, 2023 for $600,000.
What is the current tax assessment for 513 Drakestown Rd?
The most recent total assessment for 513 Drakestown Rd (year 2025) is $355,100 with $12,311 in property tax.
How does 513 Drakestown Rd's assessment compare to its last sale price?
The current assessment is 40.8% below the last sale price of $600,000.
When was 513 Drakestown Rd built?
513 Drakestown Rd was built in 1979.
How does 513 Drakestown Rd compare to others on Drakestown Rd?
We do not currently track other properties on Drakestown Rd.
What are the property facts for 513 Drakestown Rd?
513 Drakestown Rd is a 4 bed, 2 bath, 2,104 sqft, 396,832 sqft lot single_family.
Is 513 Drakestown Rd a flip candidate?
No — 513 Drakestown Rd does not appear in our flips dataset.
Is 513 Drakestown Rd a tax-appeal candidate?
No — 513 Drakestown Rd 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
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$589K
2026 Q4
$587.9K
ZIP 07836 — Median Price History + Forecast

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