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242 15th St

Ship Bottom, NJ 08008

4 bd 2 ba 1,496 sqft Built 1955 Lot 6,098 sqft multi_family
Most recent sale
$995,000
Oct 2, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2024 Price changed $1,295,000 BrightMLS
Jul 12, 2024 Price changed $1,299,999 BrightMLS
Jun 13, 2024 Price changed $1,330,000 BrightMLS
Apr 28, 2024 Price changed $1,333,900 BrightMLS
Apr 1, 2024 Listed $1,334,900 BrightMLS
Oct 2, 2023 Sold $995,000 Public Record
Sep 23, 2023 Listing removed BrightMLS
Sep 22, 2023 Sold $995,000 MoreMLS
Aug 17, 2023 Price changed $995,000 BrightMLS
Aug 11, 2023 Price changed $1,195,000 BrightMLS
Jul 27, 2023 Listed $1,205,000 BrightMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $202,900 $350,000 $552,900 $5,855
2021 $202,900 $350,000 $552,900 $5,827
2020 $202,900 $350,000 $552,900 $5,844
2019 $202,900 $350,000 $552,900 $5,849
2018 $202,900 $350,000 $552,900 $5,860
2017 $202,900 $350,000 $552,900 $5,479
2016 $164,600 $295,000 $459,600 $5,087
2015 $164,600 $295,000 $459,600 $4,963
2014 $164,600 $295,000 $459,600 $4,959
2013 $164,600 $295,000 $459,600 $4,802
2012 $164,600 $295,000 $459,600 $4,692
2010 $164,600 $295,000 $459,600 $4,430
2009 $129,500 $295,000 $424,500 $4,121
2007 $129,500 $295,000 $424,500 $3,969

Property facts

Year built
1955
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,496 sqft
Lot size
6,098 sqft
ZIP code
08008
City
Ship Bottom
Street
15th St
Coordinates
39.64673, -74.18191

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
$5,970
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 242 15th St last sell?
242 15th St most recently sold on Oct 2, 2023 for $995,000.
What is the current tax assessment for 242 15th St?
The most recent total assessment for 242 15th St (year 2022) is $552,900 with $5,855 in property tax.
How does 242 15th St's assessment compare to its last sale price?
The current assessment is 44.4% below the last sale price of $995,000.
When was 242 15th St built?
242 15th St was built in 1955.
How does 242 15th St compare to others on 15th St?
We track 8 other properties on 15th St. Browse the list under "Other properties on 15th St" to compare beds, baths, and sale history.
What are the property facts for 242 15th St?
242 15th St is a 4 bed, 2 bath, 1,496 sqft, 6,098 sqft lot multi_family.
Is 242 15th St a flip candidate?
No — 242 15th St does not appear in our flips dataset.
Is 242 15th St a tax-appeal candidate?
No — 242 15th 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
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$2.5M
2026 Q4
$2.53M
ZIP 08008 — Median Price History + Forecast

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