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216 Edison Rd

Sparta, NJ 07871

7 bd 13 ba 17,542 sqft Built 1993 Lot 254,390 sqft single_family
Most recent sale
$3,900,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $3,900,000 MLS #3787239
Jun 7, 2022 Listed $3,900,000 MLS #3787239
Aug 2, 1999 Sold $120,000 Public Record
Mar 13, 1990 Sold $220,000 Public Record
Jan 16, 1990 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,280,200 $213,000 $1,493,200 $54,770
2024 $1,280,200 $213,000 $1,493,200 $53,590
2023 $1,280,200 $213,000 $1,493,200 $52,052
2022 $1,280,200 $213,000 $1,493,200 $50,798
2021 $1,280,200 $213,000 $1,493,200 $49,992
2020 $1,280,200 $213,000 $1,493,200 $50,769
2019 $1,280,200 $213,000 $1,493,200 $49,455
2018 $1,280,200 $213,000 $1,493,200 $48,410
2017 $1,280,200 $213,000 $1,493,200 $47,812
2016 $1,280,200 $213,000 $1,493,200 $46,692
2015 $1,061,800 $157,700 $1,219,500 $47,426
2014 $1,061,800 $157,700 $1,219,500 $46,658
2013 $1,061,800 $157,700 $1,219,500 $45,670
2012 $1,061,800 $157,700 $1,219,500 $44,561
2011 $1,061,800 $157,700 $1,219,500 $42,853
2010 $1,037,800 $157,700 $1,195,500 $39,105
2009 $1,037,800 $157,700 $1,195,500 $37,347
2008 $924,400 $157,700 $1,082,100 $32,290
2007 $924,400 $157,700 $1,082,100 $31,056

Property facts

Year built
1993
Property type
single_family
Stories
Beds
7
Baths
13
Living area
17,542 sqft
Lot size
254,390 sqft
ZIP code
07871
City
Sparta
Street
Edison Rd
Coordinates
41.05655, -74.57012

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$26,313
Gross rental yield
8.10%
Implied cap rate
5.26%
Trend-extrapolated value

Frequently asked questions

When did 216 Edison Rd last sell?
216 Edison Rd most recently sold on Aug 8, 2022 for $3,900,000.
What is the current tax assessment for 216 Edison Rd?
The most recent total assessment for 216 Edison Rd (year 2025) is $1,493,200 with $54,770 in property tax.
How does 216 Edison Rd's assessment compare to its last sale price?
The current assessment is 61.7% below the last sale price of $3,900,000.
When was 216 Edison Rd built?
216 Edison Rd was built in 1993.
How does 216 Edison Rd compare to others on Edison Rd?
We track 8 other properties on Edison Rd. Browse the list under "Other properties on Edison Rd" to compare beds, baths, and sale history.
What are the property facts for 216 Edison Rd?
216 Edison Rd is a 7 bed, 13 bath, 17,542 sqft, 254,390 sqft lot single_family.
Is 216 Edison Rd a flip candidate?
No — 216 Edison Rd does not appear in our flips dataset.
Is 216 Edison Rd a tax-appeal candidate?
No — 216 Edison 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
+3.5%
Implied 1-yr
+14.1%
2026 Q3
$811.5K
2026 Q4
$834.8K
ZIP 07871 — Median Price History + Forecast

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