5 Richards Ave
Somerville, NJ 08876
3 bd 2 ba 6,600 sqft Built 1953 Lot 6,534 sqft single_family
Most recent sale
$385,000
Mar 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 10, 2022 | Sold | $385,000 | MLS #3753222 |
| Nov 22, 2021 | Listed | $385,000 | MLS #3753222 |
| Jul 30, 2021 | Listed | $360,000 | MLS #3731165 |
| Nov 9, 2005 | Sold | $356,100 | Public Record |
| Apr 29, 1999 | Sold | $139,900 | Public Record |
| Jun 1, 1990 | Sold | $135,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $149,800 | $105,200 | $255,000 | $10,401 |
| 2024 | $149,800 | $105,200 | $255,000 | $10,080 |
| 2023 | $149,800 | $105,200 | $255,000 | $9,848 |
| 2022 | $149,800 | $105,200 | $255,000 | $9,590 |
| 2021 | $149,800 | $105,200 | $255,000 | $9,529 |
| 2020 | $149,800 | $105,200 | $255,000 | $9,333 |
| 2019 | $149,800 | $105,200 | $255,000 | $9,269 |
| 2018 | $149,800 | $105,200 | $255,000 | $9,169 |
| 2017 | $149,800 | $105,200 | $255,000 | $8,981 |
| 2016 | $149,800 | $105,200 | $255,000 | $8,616 |
| 2015 | $149,800 | $105,200 | $255,000 | $8,501 |
| 2014 | $149,800 | $105,200 | $255,000 | $8,366 |
| 2013 | $149,800 | $105,200 | $255,000 | $8,264 |
| 2012 | $149,800 | $105,200 | $255,000 | $7,994 |
| 2011 | $149,800 | $105,200 | $255,000 | $7,591 |
| 2010 | $91,600 | $48,800 | $140,400 | $7,691 |
| 2009 | $91,600 | $48,800 | $140,400 | $7,393 |
| 2008 | $91,600 | $48,800 | $140,400 | $7,097 |
| 2007 | $91,600 | $48,800 | $140,400 | $6,781 |
Property facts
Year built
1953
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
6,600 sqft
Lot size
6,534 sqft
ZIP code
08876
City
Somerville
Street
Richards Ave
Coordinates
40.56394, -74.59123
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
$2,310
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5 Richards Ave last sell?
5 Richards Ave most recently sold on Mar 10, 2022 for $385,000.
What is the current tax assessment for 5 Richards Ave?
The most recent total assessment for 5 Richards Ave (year 2025) is $255,000 with $10,401 in property tax.
How does 5 Richards Ave's assessment compare to its last sale price?
The current assessment is 33.8% below the last sale price of $385,000.
When was 5 Richards Ave built?
5 Richards Ave was built in 1953.
How does 5 Richards Ave compare to others on Richards Ave?
We track 8 other properties on Richards Ave. Browse the list under "Other properties on Richards Ave" to compare beds, baths, and sale history.
What are the property facts for 5 Richards Ave?
5 Richards Ave is a 3 bed, 2 bath, 6,600 sqft, 6,534 sqft lot single_family.
Is 5 Richards Ave a flip candidate?
No — 5 Richards Ave does not appear in our flips dataset.
Is 5 Richards Ave a tax-appeal candidate?
No — 5 Richards Ave 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 Richards Ave