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5 Garnet Ln

Princeton Junction, NJ 08550

4 bd 4 ba 3,375 sqft Built 1992 Lot 35,240 sqft single_family
Most recent sale
$980,000
May 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2022 Sold $980,000 MLS #NJME2013192
Mar 5, 2022 Price changed $999,900 MLS #NJME2013192
Mar 4, 2022 Listed $949,900 MLS #NJME2013192
Nov 4, 1999 Sold $435,000 Public Record
May 28, 1996 Sold $350,000 Public Record
Jun 30, 1994 Sold $355,750 Public Record
Jun 13, 1994 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $462,500 $239,000 $701,500 $22,181
2024 $462,500 $239,000 $701,500 $21,500
2023 $462,500 $239,000 $701,500 $20,603
2022 $462,500 $239,000 $701,500 $20,203
2021 $462,500 $239,000 $701,500 $20,034
2020 $462,500 $239,000 $701,500 $19,670
2019 $462,500 $239,000 $701,500 $19,445
2018 $462,500 $239,000 $701,500 $19,263
2017 $462,500 $239,000 $701,500 $18,863
2016 $462,500 $239,000 $701,500 $18,456
2015 $462,500 $239,000 $701,500 $18,028
2014 $462,500 $239,000 $701,500 $17,818
2013 $462,500 $239,000 $701,500 $17,446
2012 $462,500 $239,000 $701,500 $17,263
2011 $467,700 $261,500 $729,200 $17,508
2010 $467,700 $261,500 $729,200 $16,691
2009 $467,700 $297,500 $765,200 $16,757
2008 $467,700 $297,500 $765,200 $16,084
2007 $467,700 $297,500 $765,200 $15,227

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,375 sqft
Lot size
35,240 sqft
ZIP code
08550
City
Princeton Junction
Street
Garnet Ln
Coordinates
40.28233, -74.63581

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,063
Gross rental yield
6.20%
Implied cap rate
4.03%
Trend-extrapolated value

Frequently asked questions

When did 5 Garnet Ln last sell?
5 Garnet Ln most recently sold on May 5, 2022 for $980,000.
What is the current tax assessment for 5 Garnet Ln?
The most recent total assessment for 5 Garnet Ln (year 2025) is $701,500 with $22,181 in property tax.
How does 5 Garnet Ln's assessment compare to its last sale price?
The current assessment is 28.4% below the last sale price of $980,000.
When was 5 Garnet Ln built?
5 Garnet Ln was built in 1992.
How does 5 Garnet Ln compare to others on Garnet Ln?
We track 2 other properties on Garnet Ln. Browse the list under "Other properties on Garnet Ln" to compare beds, baths, and sale history.
What are the property facts for 5 Garnet Ln?
5 Garnet Ln is a 4 bed, 4 bath, 3,375 sqft, 35,240 sqft lot single_family.
Is 5 Garnet Ln a flip candidate?
No — 5 Garnet Ln does not appear in our flips dataset.
Is 5 Garnet Ln a tax-appeal candidate?
No — 5 Garnet Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$899.5K
2026 Q4
$907K
ZIP 08550 — Median Price History + Forecast

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