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566 Prospect Ave

Spring Lake Heights, NJ 07762

2 bd 2 ba 1,958 sqft Built 1908 Lot 16,553 sqft single_family
Most recent sale
$1,160,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $1,160,000 MLS #22210617
Apr 13, 2022 Listed $949,000 MLS #22210617
Jun 26, 2000 Sold $248,500 Public Record
Sep 27, 1988 Sold $201,000 Public Record
Mar 1, 1984 Sold $62,000 Public Record
Dec 1, 1977 Sold $40,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $426,900 $910,800 $1,337,700 $13,698
2024 $426,900 $910,800 $1,337,700 $12,843
2023 $357,100 $790,600 $1,147,700 $12,854
2022 $277,300 $517,800 $795,100 $9,970
2021 $250,800 $449,700 $700,500 $9,457
2020 $208,800 $449,700 $658,500 $8,942
2019 $187,700 $449,700 $637,400 $8,745
2018 $173,500 $410,600 $584,100 $8,235
2017 $171,300 $410,600 $581,900 $7,913
2016 $169,100 $410,600 $579,700 $7,982
2015 $164,800 $369,200 $534,000 $7,331
2014 $90,800 $369,200 $460,000 $6,177
2013 $90,800 $369,200 $460,000 $5,888
2012 $90,800 $369,200 $460,000 $5,943
2011 $90,800 $369,200 $460,000 $5,786
2010 $90,800 $369,200 $460,000 $5,694
2009 $90,800 $369,200 $460,000 $5,635
2008 $147,700 $369,200 $516,900 $5,074
2007 $102,500 $170,200 $272,700 $5,074

Property facts

Year built
1908
Property type
single_family
Stories
3
Beds
2
Baths
2
Living area
1,958 sqft
Lot size
16,553 sqft
ZIP code
07762
City
Spring Lake Heights
Street
Prospect Ave
Coordinates
40.14476, -74.03850

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 566 Prospect Ave last sell?
566 Prospect Ave most recently sold on Jun 3, 2022 for $1,160,000.
What is the current tax assessment for 566 Prospect Ave?
The most recent total assessment for 566 Prospect Ave (year 2025) is $1,337,700 with $13,698 in property tax.
How does 566 Prospect Ave's assessment compare to its last sale price?
The current assessment is 15.3% above the last sale price of $1,160,000.
When was 566 Prospect Ave built?
566 Prospect Ave was built in 1908.
How does 566 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 566 Prospect Ave?
566 Prospect Ave is a 2 bed, 2 bath, 1,958 sqft, 16,553 sqft lot single_family.
Is 566 Prospect Ave a flip candidate?
No — 566 Prospect Ave does not appear in our flips dataset.
Is 566 Prospect Ave a tax-appeal candidate?
Yes — 566 Prospect Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.8%
Implied 1-yr
-7.1%
2026 Q3
$1.97M
2026 Q4
$1.93M
ZIP 07762 — Median Price History + Forecast

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