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248 Route 40

Newfield, NJ 08344

3 bd 2 ba 1,250 sqft Built 1998 Lot 1,084,208 sqft mobile
Most recent sale
$70,000
Dec 31, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 31, 2021 Sold $70,000 MLS #NJSA2001432
Oct 27, 2021 Listed $70,000 MLS #NJSA2001432

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1998
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
1,250 sqft
Lot size
1,084,208 sqft
ZIP code
08344
City
Newfield
Street
Route 40
Coordinates
39.59788, -75.12924

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 248 Route 40 last sell?
248 Route 40 most recently sold on Dec 31, 2021 for $70,000.
What is the current tax assessment for 248 Route 40?
No tax-assessment history is recorded for this parcel.
When was 248 Route 40 built?
248 Route 40 was built in 1998.
How does 248 Route 40 compare to others on Route 40?
We track 8 other properties on Route 40. Browse the list under "Other properties on Route 40" to compare beds, baths, and sale history.
What are the property facts for 248 Route 40?
248 Route 40 is a 3 bed, 2 bath, 1,250 sqft, 1,084,208 sqft lot mobile.
Is 248 Route 40 a flip candidate?
No — 248 Route 40 does not appear in our flips dataset.
Is 248 Route 40 a tax-appeal candidate?
No — 248 Route 40 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
+1.0%
Implied 1-yr
+4.2%
2026 Q3
$266.4K
2026 Q4
$269K
ZIP 08344 — Median Price History + Forecast

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