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425 Erie Ave

Penns Grove, NJ 08069

3 bd 1 ba 1,120 sqft Built 1954 Lot 16,248 sqft single_family
Most recent sale
$85,840
Jun 25, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 27, 2022 Price changed $229,000 MLS #NJSA2004996
Aug 3, 2022 Listed $239,000 MLS #NJSA2004996
Jun 25, 2021 Sold $85,840 Public Record
Mar 26, 2018 Sold $116,000 MLS #1001259965
Nov 9, 2017 Price changed $116,500 MLS #1001259965
Sep 27, 2017 Listed $129,900 MLS #1001259965
May 7, 2015 Listed $139,900 MLS #6571475

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $176,800 $61,700 $238,500 $5,747
2024 $176,800 $61,700 $238,500 $6,304
2023 $124,800 $46,200 $171,000 $6,087
2022 $101,500 $46,200 $147,700 $4,947
2021 $101,500 $46,200 $147,700 $4,901
2020 $101,500 $46,200 $147,700 $4,944
2019 $101,500 $46,200 $147,700 $4,985
2018 $128,600 $52,000 $180,600 $5,687
2017 $128,600 $52,000 $180,600 $5,052
2016 $128,600 $52,000 $180,600 $4,859
2015 $128,600 $52,000 $180,600 $4,621
2014 $128,600 $52,000 $180,600 $4,361
2013 $128,600 $52,000 $180,600 $4,276
2012 $128,600 $52,000 $180,600 $4,126
2011 $128,600 $52,000 $180,600 $3,960
2010 $128,600 $52,000 $180,600 $3,783
2009 $128,600 $52,000 $180,600 $3,904
2008 $60,800 $20,700 $81,500 $3,396

Property facts

Year built
1954
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,120 sqft
Lot size
16,248 sqft
ZIP code
08069
City
Penns Grove
Street
Erie Ave
Coordinates
39.70610, -75.46165

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$515
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 425 Erie Ave last sell?
425 Erie Ave most recently sold on Jun 25, 2021 for $85,840.
What is the current tax assessment for 425 Erie Ave?
The most recent total assessment for 425 Erie Ave (year 2025) is $238,500 with $5,747 in property tax.
How does 425 Erie Ave's assessment compare to its last sale price?
The current assessment is 177.8% above the last sale price of $85,840.
When was 425 Erie Ave built?
425 Erie Ave was built in 1954.
How does 425 Erie Ave compare to others on Erie Ave?
We track 8 other properties on Erie Ave. Browse the list under "Other properties on Erie Ave" to compare beds, baths, and sale history.
What are the property facts for 425 Erie Ave?
425 Erie Ave is a 3 bed, 1 bath, 1,120 sqft, 16,248 sqft lot single_family.
Is 425 Erie Ave a flip candidate?
No — 425 Erie Ave does not appear in our flips dataset.
Is 425 Erie Ave a tax-appeal candidate?
Yes — 425 Erie 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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