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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
May 13, 2022 Sold $215,000 MLS #212234
Aug 18, 2021 Price changed $239,900 MLS #212234
Jun 19, 2021 Listed $249,900 MLS #212234
Jul 12, 2018 Sold $130,000 Public Record
May 22, 2018 Listing removed $139,000 CapeMay
Mar 16, 2018 Listed $139,000 MLS #180894
Apr 10, 2015 Sold $95,000 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

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
39.01265, -74.86529

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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