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2 Grove Ter

Sparta, NJ 07871

2 bd 3 ba 2,283 sqft Built 1935 Lot 7,841 sqft single_family
Most recent sale
$885,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2024 Sold $970,000 Public Record
Aug 15, 2024 Sold $970,000 GardenState
May 11, 2024 Listed $989,000 GardenState
Apr 25, 2022 Sold $885,000 MLS #3754523
Dec 3, 2021 Listed $889,000 MLS #3754523
Mar 28, 2019 Sold $667,500 Public Record
Oct 3, 2018 Listing removed $699,000 GardenState
Jul 30, 2018 Listed $699,000 MLS #3491070
Aug 9, 2005 Sold $347,000 Public Record
Nov 18, 2003 Sold $275,000 Public Record
Mar 22, 1989 Sold $161,000 Public Record
Apr 23, 1987 Sold $152,500 Public Record
Oct 1, 1982 Sold $64,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $256,500 $157,200 $413,700 $15,174
2024 $256,500 $157,200 $413,700 $14,847
2023 $256,500 $157,200 $413,700 $14,421
2022 $256,500 $157,200 $413,700 $14,074
2021 $256,500 $157,200 $413,700 $13,850
2020 $256,500 $157,200 $413,700 $14,065
2019 $256,500 $157,200 $413,700 $13,701
2018 $256,500 $157,200 $413,700 $13,412
2017 $256,500 $157,200 $413,700 $13,246
2016 $256,500 $157,200 $413,700 $12,936
2015 $213,900 $80,300 $294,200 $11,441
2014 $213,900 $80,300 $294,200 $11,256
2013 $213,900 $80,300 $294,200 $11,017
2012 $213,900 $80,300 $294,200 $10,750
2011 $213,900 $80,300 $294,200 $10,338
2010 $213,900 $80,300 $294,200 $9,623
2009 $213,900 $80,300 $294,200 $9,190
2008 $213,900 $80,300 $294,200 $8,778
2007 $84,800 $80,300 $165,100 $4,738

Property facts

Year built
1935
Property type
single_family
Stories
Beds
2
Baths
3
Living area
2,283 sqft
Lot size
7,841 sqft
ZIP code
07871
City
Sparta
Street
Grove Ter
Coordinates
41.01191, -74.67810

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
$3,425
Gross rental yield
4.64%
Implied cap rate
3.02%
Trend-extrapolated value

Frequently asked questions

When did 2 Grove Ter last sell?
2 Grove Ter most recently sold on Apr 25, 2022 for $885,000.
What is the current tax assessment for 2 Grove Ter?
The most recent total assessment for 2 Grove Ter (year 2025) is $413,700 with $15,174 in property tax.
How does 2 Grove Ter's assessment compare to its last sale price?
The current assessment is 53.3% below the last sale price of $885,000.
When was 2 Grove Ter built?
2 Grove Ter was built in 1935.
How does 2 Grove Ter compare to others on Grove Ter?
We track 5 other properties on Grove Ter. Browse the list under "Other properties on Grove Ter" to compare beds, baths, and sale history.
What are the property facts for 2 Grove Ter?
2 Grove Ter is a 2 bed, 3 bath, 2,283 sqft, 7,841 sqft lot single_family.
Is 2 Grove Ter a flip candidate?
No — 2 Grove Ter does not appear in our flips dataset.
Is 2 Grove Ter a tax-appeal candidate?
No — 2 Grove Ter 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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