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242 Laurel Ct

Readington Twp, NJ 08889

2 bd 2 ba 1,158 sqft Built 1987 condos
Most recent sale
$292,000
Jan 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2026 Listed $475,000 GardenState
Jan 11, 2022 Sold $292,000 MLS #3735965

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $210,100 $63,000 $273,100 $7,641
2024 $210,100 $63,000 $273,100 $7,157
2023 $210,100 $63,000 $273,100 $7,097
2022 $210,100 $63,000 $273,100 $6,914
2021 $210,100 $63,000 $273,100 $6,683
2020 $149,200 $70,000 $219,200 $6,665
2019 $149,200 $70,000 $219,200 $6,538
2018 $149,200 $70,000 $219,200 $6,435
2017 $149,200 $70,000 $219,200 $6,286
2016 $149,200 $70,000 $219,200 $6,137
2015 $149,200 $70,000 $219,200 $6,038
2014 $149,200 $70,000 $219,200 $5,964
2013 $149,200 $70,000 $219,200 $5,981
2012 $149,200 $70,000 $219,200 $5,848
2011 $149,200 $70,000 $219,200 $5,859
2010 $149,200 $70,000 $219,200 $5,708
2009 $149,200 $70,000 $219,200 $5,633
2008 $149,200 $70,000 $219,200 $5,526
2007 $149,200 $70,000 $219,200 $5,458

Property facts

Year built
1987
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,158 sqft
Lot size
ZIP code
08889
City
Readington Twp
Street
Laurel Ct
Coordinates
40.61774, -74.76100

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
$1,737
Gross rental yield
7.14%
Implied cap rate
4.64%
Trend-extrapolated value

Frequently asked questions

When did 242 Laurel Ct last sell?
242 Laurel Ct most recently sold on Jan 11, 2022 for $292,000.
What is the current tax assessment for 242 Laurel Ct?
The most recent total assessment for 242 Laurel Ct (year 2025) is $273,100 with $7,641 in property tax.
How does 242 Laurel Ct's assessment compare to its last sale price?
The current assessment is 6.5% below the last sale price of $292,000.
When was 242 Laurel Ct built?
242 Laurel Ct was built in 1987.
How does 242 Laurel Ct compare to others on Laurel Ct?
We track 8 other properties on Laurel Ct. Browse the list under "Other properties on Laurel Ct" to compare beds, baths, and sale history.
What are the property facts for 242 Laurel Ct?
242 Laurel Ct is a 2 bed, 2 bath, 1,158 sqft condos.
Is 242 Laurel Ct a flip candidate?
No — 242 Laurel Ct does not appear in our flips dataset.
Is 242 Laurel Ct a tax-appeal candidate?
No — 242 Laurel Ct 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
-4.3%
Implied 1-yr
-17.2%
2026 Q3
$468.8K
2026 Q4
$440.7K
ZIP 08889 — Median Price History + Forecast

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