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5 Prospect St

Peapack Gladstone Boro, NJ 07977

3 bd 3 ba 1,669 sqft Built 1915 Lot 19,602 sqft single_family
Most recent sale
$700,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $700,000 MLS #3766731
Mar 2, 2022 Listed $700,000 MLS #3766731
Jun 23, 2021 Price changed for rent $5,500 GardenState
Jun 8, 2021 Listed for rent $6,000 GardenState
Aug 7, 2019 Sold $590,000 Public Record
Feb 5, 2014 Sold $545,000 Public Record
Sep 20, 2013 Listing removed $549,500 GardenState
Aug 29, 2013 Listed $549,500 MLS #3071496
May 9, 2012 Listing removed $595,000 GardenState
Mar 29, 2012 Listed $595,000 MLS #2929464
Nov 22, 2005 Sold $492,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $375,500 $341,600 $717,100 $11,308
2024 $375,500 $341,600 $717,100 $11,298
2023 $308,300 $300,800 $609,100 $10,823
2022 $258,000 $283,700 $541,700 $9,956
2021 $251,900 $267,700 $519,600 $9,732
2020 $243,200 $262,500 $505,700 $9,502
2019 $226,100 $257,400 $483,500 $9,041
2018 $225,200 $254,700 $479,900 $9,012
2017 $237,400 $231,600 $469,000 $8,920
2016 $234,600 $227,000 $461,600 $8,858
2015 $231,700 $220,300 $452,000 $8,515
2014 $193,700 $209,900 $403,600 $7,668
2013 $187,700 $203,800 $391,500 $7,442
2012 $192,000 $203,800 $395,800 $7,409
2011 $189,300 $203,800 $393,100 $7,335
2009 $204,600 $214,300 $418,900 $7,238
2008 $233,200 $225,600 $458,800 $7,437
2007 $256,400 $225,600 $482,000 $7,663

Property facts

Year built
1915
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,669 sqft
Lot size
19,602 sqft
ZIP code
07977
City
Peapack Gladstone Boro
Street
Prospect St
Coordinates
40.71497, -74.65780

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
$2,504
Gross rental yield
4.29%
Implied cap rate
2.79%
Trend-extrapolated value

Frequently asked questions

When did 5 Prospect St last sell?
5 Prospect St most recently sold on Jul 15, 2022 for $700,000.
What is the current tax assessment for 5 Prospect St?
The most recent total assessment for 5 Prospect St (year 2025) is $717,100 with $11,308 in property tax.
How does 5 Prospect St's assessment compare to its last sale price?
The current assessment is 2.4% above the last sale price of $700,000.
When was 5 Prospect St built?
5 Prospect St was built in 1915.
How does 5 Prospect St compare to others on Prospect St?
We track 1 other property on Prospect St. Browse the list under "Other properties on Prospect St" to compare beds, baths, and sale history.
What are the property facts for 5 Prospect St?
5 Prospect St is a 3 bed, 3 bath, 1,669 sqft, 19,602 sqft lot single_family.
Is 5 Prospect St a flip candidate?
No — 5 Prospect St does not appear in our flips dataset.
Is 5 Prospect St a tax-appeal candidate?
No — 5 Prospect St 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
-5.4%
Implied 1-yr
-21.5%
2023 Q2
$493.1K
2023 Q3
$459.3K
ZIP 07977 — Median Price History + Forecast

Explore nearby

Other properties on Prospect St