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48 Grassy Lake Rd

Shamong, NJ 08088

4 bd 3 ba 1,911 sqft Built 1976 Lot 24,002 sqft single_family
Most recent sale
$429,500
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2022 Sold $429,500 MLS #NJBL2032308
Aug 19, 2022 Listed $429,500 MLS #NJBL2032308
Jan 26, 2022 Sold $230,000 Public Record
Mar 3, 2016 Listing removed $255,000 BrightMLS
Jun 23, 2015 Sold $210,000 Public Record
Apr 22, 2015 Sold $220,000 MLS #6213742
Sep 17, 2014 Price changed $220,000 MLS #6213742
Jul 23, 2014 Price changed $230,000 MLS #6213742
Jul 11, 2014 Price changed $235,000 MLS #6213742
Jun 13, 2014 Price changed $240,000 MLS #6213742
Mar 6, 2014 Price changed $245,000 MLS #6213742
Dec 2, 2013 Price changed $247,900 MLS #6213742
Aug 2, 2013 Price changed $249,900 MLS #6213742
May 4, 2013 Listed $259,900 MLS #6213742
Mar 27, 2012 Price changed $255,000 MLS #6005066
Feb 10, 2012 Listing removed $215,000 BrightMLS
Feb 9, 2012 Listed $265,000 MLS #6005066
Apr 29, 2003 Listed $215,000 MLS #4209769

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $122,500 $92,000 $214,500 $6,203
2021 $122,500 $92,000 $214,500 $6,092
2020 $122,500 $92,000 $214,500 $6,019
2019 $122,500 $92,000 $214,500 $5,974
2018 $122,500 $92,000 $214,500 $5,875
2017 $122,500 $92,000 $214,500 $6,077
2016 $122,500 $92,000 $214,500 $5,873
2015 $122,500 $92,000 $214,500 $5,484
2014 $122,500 $92,000 $214,500 $5,132
2013 $122,500 $92,000 $214,500 $5,212
2012 $122,500 $92,000 $214,500 $4,986
2011 $94,000 $37,700 $131,700 $4,969
2010 $94,000 $37,700 $131,700 $4,943
2009 $94,000 $37,700 $131,700 $4,847
2008 $94,000 $37,700 $131,700 $4,811
2007 $85,500 $37,700 $123,200 $4,344

Property facts

Year built
1976
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,911 sqft
Lot size
24,002 sqft
ZIP code
08088
City
Shamong
Street
Grassy Lake Rd
Coordinates
39.82349, -74.78829

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
$2,867
Gross rental yield
8.01%
Implied cap rate
5.21%
Trend-extrapolated value

Frequently asked questions

When did 48 Grassy Lake Rd last sell?
48 Grassy Lake Rd most recently sold on Oct 11, 2022 for $429,500.
What is the current tax assessment for 48 Grassy Lake Rd?
The most recent total assessment for 48 Grassy Lake Rd (year 2022) is $214,500 with $6,203 in property tax.
How does 48 Grassy Lake Rd's assessment compare to its last sale price?
The current assessment is 50.1% below the last sale price of $429,500.
When was 48 Grassy Lake Rd built?
48 Grassy Lake Rd was built in 1976.
How does 48 Grassy Lake Rd compare to others on Grassy Lake Rd?
We track 8 other properties on Grassy Lake Rd. Browse the list under "Other properties on Grassy Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 48 Grassy Lake Rd?
48 Grassy Lake Rd is a 4 bed, 3 bath, 1,911 sqft, 24,002 sqft lot single_family.
Is 48 Grassy Lake Rd a flip candidate?
Yes — 48 Grassy Lake Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 48 Grassy Lake Rd a tax-appeal candidate?
No — 48 Grassy Lake Rd 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
-3.4%
2026 Q3
$450.9K
2026 Q4
$446.8K
ZIP 08088 — Median Price History + Forecast

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