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28 Locust Ln

Plumsted, NJ 08533

3 bd 1 ba 1,176 sqft Built 1950 Lot 37,897 sqft single_family
Most recent sale
$340,000
Apr 18, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2024 Listed $349,900 MoreMLS
Apr 18, 2023 Sold $340,000 Public Record
Mar 17, 2023 Listing removed BrightMLS
Mar 16, 2023 Sold $340,000 MoreMLS
Jan 2, 2023 Relisted $350,000 BrightMLS
Dec 9, 2022 Listing removed BrightMLS
Nov 13, 2022 Listed $350,000 BrightMLS
Dec 22, 2014 Sold $86,000 MoreMLS
May 7, 2014 Listed $105,000 MoreMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $245,100 $151,400 $396,500 $5,909
2024 $76,300 $92,200 $168,500 $5,242
2023 $76,300 $92,200 $168,500 $4,891
2022 $76,300 $92,200 $168,500 $4,667
2021 $76,300 $92,200 $168,500 $4,504
2020 $76,300 $92,200 $168,500 $4,399
2019 $76,300 $92,200 $168,500 $4,308
2018 $76,300 $92,200 $168,500 $4,384
2017 $76,300 $92,200 $168,500 $4,308
2016 $76,300 $92,200 $168,500 $4,246
2015 $76,300 $92,200 $168,500 $4,126
2014 $76,300 $92,200 $168,500 $3,445
2013 $76,300 $92,200 $168,500 $3,563
2012 $91,100 $157,200 $248,300 $3,798
2010 $91,100 $157,200 $248,300 $3,813
2009 $91,100 $157,200 $248,300 $3,437
2007 $92,000 $157,200 $249,200 $3,288

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,176 sqft
Lot size
37,897 sqft
ZIP code
08533
City
Plumsted
Street
Locust Ln
Coordinates
40.06349, -74.53593

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,764
Gross rental yield
6.23%
Implied cap rate
4.05%
Trend-extrapolated value

Frequently asked questions

When did 28 Locust Ln last sell?
28 Locust Ln most recently sold on Apr 18, 2023 for $340,000.
What is the current tax assessment for 28 Locust Ln?
The most recent total assessment for 28 Locust Ln (year 2025) is $396,500 with $5,909 in property tax.
How does 28 Locust Ln's assessment compare to its last sale price?
The current assessment is 16.6% above the last sale price of $340,000.
When was 28 Locust Ln built?
28 Locust Ln was built in 1950.
How does 28 Locust Ln compare to others on Locust Ln?
We do not currently track other properties on Locust Ln.
What are the property facts for 28 Locust Ln?
28 Locust Ln is a 3 bed, 1 bath, 1,176 sqft, 37,897 sqft lot single_family.
Is 28 Locust Ln a flip candidate?
No — 28 Locust Ln does not appear in our flips dataset.
Is 28 Locust Ln a tax-appeal candidate?
Yes — 28 Locust Ln 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
+7.7%
Implied 1-yr
+30.9%
2026 Q2
$1.06M
2026 Q3
$1.12M
ZIP 08533 — Median Price History + Forecast

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