2 Franklin Ave
Pennington, NJ 08534
3 bd 3 ba 1,835 sqft Built 1921 Lot 8,172 sqft single_family
Most recent sale
$692,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $692,000 | MLS #NJME2015600 |
| Apr 28, 2022 | Listed | $619,000 | MLS #NJME2015600 |
| Sep 5, 2001 | Sold | $416,100 | Public Record |
| Oct 12, 1989 | Sold | $243,567 | Public Record |
| Sep 1, 1982 | Sold | $92,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $155,400 | $309,100 | $464,500 | $15,597 |
| 2024 | $155,400 | $309,100 | $464,500 | $15,100 |
| 2023 | $155,400 | $309,100 | $464,500 | $14,162 |
| 2022 | $155,400 | $309,100 | $464,500 | $13,163 |
| 2021 | $149,300 | $309,100 | $458,400 | $12,908 |
| 2020 | $149,300 | $309,100 | $458,400 | $12,799 |
| 2019 | $144,500 | $309,100 | $453,600 | $12,429 |
| 2018 | $144,500 | $309,100 | $453,600 | $12,147 |
| 2017 | $144,500 | $309,100 | $453,600 | $13,926 |
| 2016 | $144,500 | $309,100 | $453,600 | $12,043 |
| 2015 | $144,500 | $309,100 | $453,600 | $11,871 |
| 2014 | $144,500 | $309,100 | $453,600 | $11,621 |
| 2013 | $144,600 | $309,100 | $453,700 | $11,220 |
| 2012 | $144,600 | $309,100 | $453,700 | $10,893 |
| 2011 | $144,600 | $309,100 | $453,700 | $10,617 |
| 2010 | $144,600 | $309,100 | $453,700 | $10,421 |
| 2009 | $144,600 | $309,100 | $453,700 | $9,709 |
| 2008 | $144,600 | $309,100 | $453,700 | $9,364 |
| 2007 | $144,600 | $309,100 | $453,700 | $8,983 |
Property facts
Year built
1921
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
1,835 sqft
Lot size
8,172 sqft
ZIP code
08534
City
Pennington
Street
Franklin Ave
Coordinates
40.33254, -74.79192
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,753
Gross rental yield
4.77%
Implied cap rate
3.10%
Trend-extrapolated value
—
Frequently asked questions
When did 2 Franklin Ave last sell?
2 Franklin Ave most recently sold on Jun 30, 2022 for $692,000.
What is the current tax assessment for 2 Franklin Ave?
The most recent total assessment for 2 Franklin Ave (year 2025) is $464,500 with $15,597 in property tax.
How does 2 Franklin Ave's assessment compare to its last sale price?
The current assessment is 32.9% below the last sale price of $692,000.
When was 2 Franklin Ave built?
2 Franklin Ave was built in 1921.
How does 2 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 2 Franklin Ave?
2 Franklin Ave is a 3 bed, 3 bath, 1,835 sqft, 8,172 sqft lot single_family.
Is 2 Franklin Ave a flip candidate?
No — 2 Franklin Ave does not appear in our flips dataset.
Is 2 Franklin Ave a tax-appeal candidate?
No — 2 Franklin Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$751.5K
2026 Q4
$765.8K
ZIP 08534 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin Ave