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40 Milton Rd

Sparta, NJ 07871

4 bd 3 ba 2,360 sqft Built 1986 Lot 40,075 sqft single_family
Most recent sale
$505,000
Mar 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2022 Sold $505,000 MLS #3757775
Oct 15, 1999 Sold $223,000 Public Record
Feb 24, 1995 Sold $190,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $195,600 $151,600 $347,200 $12,735
2024 $195,600 $151,600 $347,200 $12,461
2023 $195,600 $151,600 $347,200 $12,103
2022 $195,600 $151,600 $347,200 $11,811
2021 $195,600 $151,600 $347,200 $11,624
2020 $195,600 $151,600 $347,200 $11,805
2019 $195,600 $151,600 $347,200 $11,499
2018 $195,600 $151,600 $347,200 $11,256
2017 $195,600 $151,600 $347,200 $11,117
2016 $195,600 $157,500 $353,100 $11,041
2015 $167,700 $98,700 $266,400 $10,360
2014 $167,700 $98,700 $266,400 $10,192
2013 $167,700 $98,700 $266,400 $9,977
2012 $167,700 $98,700 $266,400 $9,734
2011 $167,700 $98,700 $266,400 $9,361
2010 $167,700 $98,700 $266,400 $8,714
2009 $167,700 $98,700 $266,400 $8,322
2008 $167,700 $98,700 $266,400 $7,949
2007 $167,700 $98,700 $266,400 $7,645

Property facts

Year built
1986
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,360 sqft
Lot size
40,075 sqft
ZIP code
07871
City
Sparta
Street
Milton Rd
Coordinates
41.03299, -74.58132

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,540
Gross rental yield
8.41%
Implied cap rate
5.47%
Trend-extrapolated value

Frequently asked questions

When did 40 Milton Rd last sell?
40 Milton Rd most recently sold on Mar 15, 2022 for $505,000.
What is the current tax assessment for 40 Milton Rd?
The most recent total assessment for 40 Milton Rd (year 2025) is $347,200 with $12,735 in property tax.
How does 40 Milton Rd's assessment compare to its last sale price?
The current assessment is 31.2% below the last sale price of $505,000.
When was 40 Milton Rd built?
40 Milton Rd was built in 1986.
How does 40 Milton Rd compare to others on Milton Rd?
We track 8 other properties on Milton Rd. Browse the list under "Other properties on Milton Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Milton Rd?
40 Milton Rd is a 4 bed, 3 bath, 2,360 sqft, 40,075 sqft lot single_family.
Is 40 Milton Rd a flip candidate?
No — 40 Milton Rd does not appear in our flips dataset.
Is 40 Milton Rd a tax-appeal candidate?
No — 40 Milton 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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