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42 7th Ave

Penns Grove, NJ 08069

2 bd 1 ba 792 sqft Built 1950 Lot 7,135 sqft single_family
Most recent sale
$150,103
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2022 Sold $150,103 MLS #NJSA2003796
May 5, 2022 Listed $145,000 MLS #NJSA2003796
Jan 23, 2019 Sold $118,000 Public Record
Nov 30, 2018 Sold $118,000 MLS #1002240154
Aug 14, 2018 Listed $129,900 MLS #1002240154
Oct 1, 2013 Sold $129,900 MLS #6194238
Jun 12, 2013 Price changed $129,900 MLS #6194238
Jun 6, 2013 Price changed $139,800 MLS #6194238
Apr 9, 2013 Price changed $139,900 MLS #6194238
Apr 2, 2013 Listed $129,900 MLS #6194238
Feb 29, 2012 Sold $20,000 MLS #5900315
Jan 27, 2012 Price changed $40,000 MLS #5900315
Jun 9, 2011 Listed $70,000 MLS #5900315
Mar 31, 1995 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $148,700 $52,200 $200,900 $4,841
2024 $148,700 $52,200 $200,900 $4,299
2023 $86,300 $30,300 $116,600 $4,150
2022 $86,300 $30,300 $116,600 $3,906
2021 $86,300 $30,300 $116,600 $3,869
2020 $86,300 $30,300 $116,600 $3,903
2019 $86,300 $30,300 $116,600 $3,935
2018 $81,800 $33,700 $115,500 $3,637
2017 $81,800 $33,700 $115,500 $3,391
2016 $87,300 $38,700 $126,000 $3,565
2015 $87,300 $38,700 $126,000 $3,398
2014 $87,300 $38,700 $126,000 $3,217
2013 $72,600 $38,700 $111,300 $2,789
2012 $72,600 $38,700 $111,300 $2,697
2011 $72,600 $38,700 $111,300 $2,594
2010 $72,600 $38,700 $111,300 $2,485
2009 $72,600 $38,700 $111,300 $2,560
2008 $38,800 $9,600 $48,400 $2,165

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
792 sqft
Lot size
7,135 sqft
ZIP code
08069
City
Penns Grove
Street
7th Ave
Coordinates
39.73945, -75.46358

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
$1,188
Gross rental yield
9.50%
Implied cap rate
6.17%
Trend-extrapolated value

Frequently asked questions

When did 42 7th Ave last sell?
42 7th Ave most recently sold on Jul 5, 2022 for $150,103.
What is the current tax assessment for 42 7th Ave?
The most recent total assessment for 42 7th Ave (year 2025) is $200,900 with $4,841 in property tax.
How does 42 7th Ave's assessment compare to its last sale price?
The current assessment is 33.8% above the last sale price of $150,103.
When was 42 7th Ave built?
42 7th Ave was built in 1950.
How does 42 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 42 7th Ave?
42 7th Ave is a 2 bed, 1 bath, 792 sqft, 7,135 sqft lot single_family.
Is 42 7th Ave a flip candidate?
No — 42 7th Ave does not appear in our flips dataset.
Is 42 7th Ave a tax-appeal candidate?
Yes — 42 7th Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.4%
2026 Q3
$238K
2026 Q4
$242.8K
ZIP 08069 — Median Price History + Forecast

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