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408 7th St

Rio Grande, NJ 08242

3 bd 2 ba 1,250 sqft Built 2006 townhomes
Most recent sale
$215,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 31, 2024 Listing removed $155,000 AtlanticCity
May 13, 2022 Sold $215,000 MLS #212255
Aug 18, 2021 Price changed $239,900 MLS #212255
Jun 21, 2021 Listed $249,900 MLS #212255
Sep 29, 2017 Listing removed $139,900 BrightMLS
Sep 12, 2017 Listing removed $139,900 CapeMay
Sep 11, 2017 Price changed $139,900 MLS #7011816
Jun 29, 2017 Listed $149,000 MLS #7011816
Jun 20, 2017 Listing removed $155,000 BrightMLS
Jun 19, 2017 Listing removed $155,000 AtlanticCity
Apr 12, 2017 Listed $155,000 MLS #6962377
Feb 24, 2017 Price changed $155,000 MLS #461488
Oct 30, 2016 Price changed $175,000 MLS #461488
Jan 24, 2016 Listed $185,000 MLS #461488
Sep 24, 2015 Sold $105,000 Public Record
Sep 2, 2015 Listing removed $99,900 CapeMay
Jul 17, 2015 Listed $99,900 MLS #165157
Oct 9, 2012 Listing removed $192,000 CapeMay
Feb 8, 2012 Listed $192,000 MLS #144192
Sep 24, 2007 Sold $194,000 Public Record
May 8, 2007 Sold $210,000 Public Record
May 1, 2006 Sold $150,000 Public Record
Jun 10, 2004 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $69,900 $108,800 $178,700 $3,967
2023 $69,900 $108,800 $178,700 $3,741
2022 $69,900 $108,800 $178,700 $3,627
2021 $69,900 $108,800 $178,700 $3,542
2020 $69,900 $108,800 $178,700 $3,468
2019 $69,900 $108,800 $178,700 $3,377
2018 $105,900 $108,800 $214,700 $3,984
2017 $105,900 $108,800 $214,700 $3,907
2016 $105,900 $108,800 $214,700 $3,785
2015 $105,900 $108,800 $214,700 $3,757
2014 $105,900 $108,800 $214,700 $3,731
2013 $105,900 $108,800 $214,700 $3,733
2012 $114,600 $108,800 $223,400 $3,337
2011 $114,600 $125,000 $239,600 $3,467
2010 $114,600 $125,000 $239,600 $3,321
2009 $114,600 $125,000 $239,600 $3,114
2008 $114,600 $125,000 $239,600 $2,963
2007 $213,900 $132,700 $346,600 $4,166

Property facts

Year built
2006
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,250 sqft
Lot size
ZIP code
08242
City
Rio Grande
Street
7th St
Coordinates
39.01271, -74.86525

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
$1,875
Gross rental yield
10.47%
Implied cap rate
6.80%
Trend-extrapolated value

Frequently asked questions

When did 408 7th St last sell?
408 7th St most recently sold on May 13, 2022 for $215,000.
What is the current tax assessment for 408 7th St?
The most recent total assessment for 408 7th St (year 2025) is $178,700 with $3,967 in property tax.
How does 408 7th St's assessment compare to its last sale price?
The current assessment is 16.9% below the last sale price of $215,000.
When was 408 7th St built?
408 7th St was built in 2006.
How does 408 7th St compare to others on 7th St?
We track 4 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 408 7th St?
408 7th St is a 3 bed, 2 bath, 1,250 sqft townhomes.
Is 408 7th St a flip candidate?
No — 408 7th St does not appear in our flips dataset.
Is 408 7th St a tax-appeal candidate?
No — 408 7th St 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
-2.0%
Implied 1-yr
-8.0%
2026 Q2
$409.1K
2026 Q3
$409.1K
ZIP 08242 — Median Price History + Forecast

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