488 Main St
Somerville, NJ 08876
3 bd 2 ba 982 sqft Built 1958 Lot 5,998 sqft single_family
Most recent sale
$429,500
Nov 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 15, 2022 | Sold | $429,500 | CJMLS |
| Oct 7, 2022 | Listing removed | — | GardenState |
| Sep 30, 2022 | Listed | $415,000 | CJMLS |
| Sep 29, 2022 | Listed | $415,000 | GardenState |
| May 29, 2018 | Sold | $225,000 | Public Record |
| Apr 26, 2018 | Listing removed | — | CJMLS |
| Apr 25, 2018 | Listing removed | $200,000 | CJMLS |
| Apr 10, 2018 | Listed | $200,000 | GardenState |
| Oct 6, 2003 | Sold | $229,000 | Public Record |
| Jul 19, 1994 | Sold | $138,000 | Public Record |
| Nov 13, 1987 | Sold | $150,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $123,000 | $98,800 | $221,800 | $9,047 |
| 2024 | $123,000 | $98,800 | $221,800 | $8,767 |
| 2023 | $123,000 | $98,800 | $221,800 | $8,565 |
| 2022 | $117,600 | $98,800 | $216,400 | $8,138 |
| 2021 | $117,600 | $98,800 | $216,400 | $8,086 |
| 2020 | $116,100 | $98,800 | $214,900 | $7,865 |
| 2019 | $116,100 | $98,800 | $214,900 | $7,811 |
| 2018 | $116,100 | $98,800 | $214,900 | $7,727 |
| 2017 | $116,100 | $98,800 | $214,900 | $7,568 |
| 2016 | $116,100 | $98,800 | $214,900 | $7,261 |
| 2015 | $116,100 | $98,800 | $214,900 | $7,164 |
| 2014 | $116,100 | $98,800 | $214,900 | $7,050 |
| 2013 | $116,100 | $98,800 | $214,900 | $6,964 |
| 2012 | $116,100 | $98,800 | $214,900 | $6,737 |
| 2011 | $116,100 | $98,800 | $214,900 | $6,397 |
| 2009 | $86,100 | $49,200 | $135,300 | $7,124 |
| 2008 | $86,100 | $49,200 | $135,300 | $6,839 |
| 2007 | $86,100 | $49,200 | $135,300 | $6,534 |
Property facts
Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
982 sqft
Lot size
5,998 sqft
ZIP code
08876
City
Somerville
Street
Main St
Coordinates
40.56440, -74.59068
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,473
Gross rental yield
4.12%
Implied cap rate
2.68%
Trend-extrapolated value
—
Frequently asked questions
When did 488 Main St last sell?
488 Main St most recently sold on Nov 15, 2022 for $429,500.
What is the current tax assessment for 488 Main St?
The most recent total assessment for 488 Main St (year 2025) is $221,800 with $9,047 in property tax.
How does 488 Main St's assessment compare to its last sale price?
The current assessment is 48.4% below the last sale price of $429,500.
When was 488 Main St built?
488 Main St was built in 1958.
How does 488 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 488 Main St?
488 Main St is a 3 bed, 2 bath, 982 sqft, 5,998 sqft lot single_family.
Is 488 Main St a flip candidate?
No — 488 Main St does not appear in our flips dataset.
Is 488 Main St a tax-appeal candidate?
No — 488 Main St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$585.5K
2026 Q4
$583.9K
ZIP 08876 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Main St