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242 Broadway

Penns Grove, NJ 08069

3 bd 2 ba 1,632 sqft Built 1950 Lot 4,752 sqft single_family
Most recent sale
$189,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2024 Sold $200,000 Public Record
Aug 25, 2024 Listed $225,000 BrightMLS
Jul 14, 2022 Sold $189,000 MLS #NJSA2003508
Apr 10, 2022 Listed $189,000 MLS #NJSA2003508
Nov 14, 2017 Listing removed $150,000 BrightMLS
Oct 24, 2017 Listing removed $150,000 BrightMLS
Aug 29, 2017 Listed $150,000 MLS #1000374533
Feb 3, 2012 Listing removed $175,000 BrightMLS
Jul 21, 2010 Price changed $174,500 MLS #5726225
Jun 13, 2010 Listed $174,900 MLS #5726225
Feb 21, 2010 Listed $175,000 MLS #5662515
Dec 20, 2007 Sold $179,000 MLS #4956531
May 3, 2007 Listed $179,000 MLS #4956531
Feb 15, 1987 Sold $58,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $210,000 $40,000 $250,000 $6,025
2024 $210,000 $40,000 $250,000 $5,032
2023 $99,600 $36,900 $136,500 $4,859
2022 $99,600 $36,900 $136,500 $4,572
2021 $99,600 $36,900 $136,500 $4,529
2020 $99,600 $36,900 $136,500 $4,569
2019 $99,600 $36,900 $136,500 $4,607
2018 $115,600 $38,500 $154,100 $4,853
2017 $115,600 $38,500 $154,100 $4,524
2016 $115,600 $38,500 $154,100 $4,359
2015 $136,500 $45,500 $182,000 $4,909
2014 $136,500 $45,500 $182,000 $4,646
2013 $136,500 $45,500 $182,000 $4,561
2012 $136,500 $45,500 $182,000 $4,410
2011 $136,500 $45,500 $182,000 $4,242
2010 $136,500 $45,500 $182,000 $4,064
2009 $136,500 $45,500 $182,000 $4,186
2008 $57,000 $25,000 $82,000 $3,668

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,632 sqft
Lot size
4,752 sqft
ZIP code
08069
City
Penns Grove
Street
Broadway
Coordinates
39.71200, -75.47362

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
$1,134
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 242 Broadway last sell?
242 Broadway most recently sold on Jul 14, 2022 for $189,000.
What is the current tax assessment for 242 Broadway?
The most recent total assessment for 242 Broadway (year 2025) is $250,000 with $6,025 in property tax.
How does 242 Broadway's assessment compare to its last sale price?
The current assessment is 32.3% above the last sale price of $189,000.
When was 242 Broadway built?
242 Broadway was built in 1950.
How does 242 Broadway compare to others on Broadway?
We track 3 other properties on Broadway. Browse the list under "Other properties on Broadway" to compare beds, baths, and sale history.
What are the property facts for 242 Broadway?
242 Broadway is a 3 bed, 2 bath, 1,632 sqft, 4,752 sqft lot single_family.
Is 242 Broadway a flip candidate?
No — 242 Broadway does not appear in our flips dataset.
Is 242 Broadway a tax-appeal candidate?
Yes — 242 Broadway 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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