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308 Passaic Ave

Spring Lake, NJ 07762

3 bd 5 ba 3,700 sqft Built 1920 Lot 7,500 sqft single_family
Most recent sale
$4,100,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $4,100,000 Public Record
Jul 18, 2022 Sold $4,100,000 MoreMLS
May 19, 2022 Listed $3,875,000 MLS #22215080
Aug 2, 2021 Sold $2,425,000 Public Record
Mar 30, 2012 Sold $1,800,000 MLS #21141311
Nov 9, 2011 Listed $1,995,000 MLS #21141311
Nov 7, 2011 Listing removed $2,150,000 MoreMLS
Sep 21, 2011 Price changed $2,150,000 MLS #21121139
Jul 29, 2011 Price changed $2,350,000 MLS #21121139
May 30, 2011 Listed $2,425,000 MLS #21121139
Mar 30, 2004 Sold $2,075,000 Public Record
Mar 23, 2000 Sold $700,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,048,600 $2,407,000 $4,455,600 $20,362
2024 $2,048,600 $2,407,000 $4,455,600 $20,799
2023 $2,337,500 $1,758,900 $4,096,400 $20,604
2022 $844,500 $1,599,900 $2,444,400 $12,637
2021 $800,500 $1,333,000 $2,133,500 $12,801
2020 $769,400 $1,287,000 $2,056,400 $12,708
2019 $747,100 $1,250,000 $1,997,100 $12,581
2018 $729,300 $1,250,000 $1,979,300 $12,430
2017 $689,300 $1,250,000 $1,939,300 $12,140
2016 $774,900 $1,272,200 $2,047,100 $13,981
2015 $774,900 $1,255,900 $2,030,800 $14,174
2014 $746,800 $1,255,900 $2,002,700 $13,738
2013 $746,800 $1,255,900 $2,002,700 $13,438
2012 $746,800 $1,255,900 $2,002,700 $13,197
2011 $746,800 $1,255,900 $2,002,700 $12,957
2010 $746,800 $1,255,900 $2,002,700 $12,997
2009 $746,800 $1,255,900 $2,002,700 $12,917
2008 $746,800 $1,255,900 $2,002,700 $12,897
2007 $746,800 $1,255,900 $2,002,700 $12,897

Property facts

Year built
1920
Property type
single_family
Stories
3
Beds
3
Baths
5
Living area
3,700 sqft
Lot size
7,500 sqft
ZIP code
07762
City
Spring Lake
Street
Passaic Ave
Coordinates
40.15186, -74.02925

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$24,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 308 Passaic Ave last sell?
308 Passaic Ave most recently sold on Aug 8, 2022 for $4,100,000.
What is the current tax assessment for 308 Passaic Ave?
The most recent total assessment for 308 Passaic Ave (year 2025) is $4,455,600 with $20,362 in property tax.
How does 308 Passaic Ave's assessment compare to its last sale price?
The current assessment is 8.7% above the last sale price of $4,100,000.
When was 308 Passaic Ave built?
308 Passaic Ave was built in 1920.
How does 308 Passaic Ave compare to others on Passaic Ave?
We track 7 other properties on Passaic Ave. Browse the list under "Other properties on Passaic Ave" to compare beds, baths, and sale history.
What are the property facts for 308 Passaic Ave?
308 Passaic Ave is a 3 bed, 5 bath, 3,700 sqft, 7,500 sqft lot single_family.
Is 308 Passaic Ave a flip candidate?
Yes — 308 Passaic Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 308 Passaic Ave a tax-appeal candidate?
No — 308 Passaic Ave 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
-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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