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721 Lancaster Dr

Thorofare, NJ 08086

5 bd 4 ba 2,814 sqft Built 2005 Lot 10,585 sqft single_family
Most recent sale
$525,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $525,000 MLS #NJGL2016934
Jun 20, 2022 Listed $490,000 MLS #NJGL2016934
Aug 12, 2020 Sold $290,000 Public Record
Apr 20, 2020 Relisted $299,900 MLS #NJGL254578
Mar 31, 2020 Price changed $299,900 MLS #NJGL254578
Mar 19, 2020 Relisted $309,900 MLS #NJGL254578
Feb 13, 2020 Listed $309,900 MLS #NJGL254578
Mar 9, 2005 Sold $320,070 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $274,600 $67,200 $341,800 $11,904
2024 $274,600 $67,200 $341,800 $11,935
2023 $274,600 $67,200 $341,800 $11,781
2022 $274,600 $67,200 $341,800 $11,727
2021 $263,900 $67,200 $331,100 $11,320
2020 $263,900 $67,200 $331,100 $11,294
2019 $263,900 $67,200 $331,100 $10,979
2018 $263,900 $67,200 $331,100 $10,681
2017 $263,900 $67,200 $331,100 $10,433
2016 $263,900 $67,200 $331,100 $10,142
2015 $263,900 $67,200 $331,100 $9,662
2014 $263,900 $67,200 $331,100 $9,181
2013 $296,200 $67,200 $363,400 $9,557
2012 $296,200 $67,200 $363,400 $9,136
2011 $182,600 $42,000 $224,600 $5,381
2010 $182,600 $42,000 $224,600 $9,876
2009 $182,600 $42,000 $224,600 $9,283
2008 $182,600 $42,000 $224,600 $9,173
2007 $182,600 $42,000 $224,600 $8,624

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,814 sqft
Lot size
10,585 sqft
ZIP code
08086
City
Thorofare
Street
Lancaster Dr
Coordinates
39.82466, -75.18950

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,221
Gross rental yield
9.65%
Implied cap rate
6.27%
Trend-extrapolated value

Frequently asked questions

When did 721 Lancaster Dr last sell?
721 Lancaster Dr most recently sold on Sep 9, 2022 for $525,000.
What is the current tax assessment for 721 Lancaster Dr?
The most recent total assessment for 721 Lancaster Dr (year 2025) is $341,800 with $11,904 in property tax.
How does 721 Lancaster Dr's assessment compare to its last sale price?
The current assessment is 34.9% below the last sale price of $525,000.
When was 721 Lancaster Dr built?
721 Lancaster Dr was built in 2005.
How does 721 Lancaster Dr compare to others on Lancaster Dr?
We do not currently track other properties on Lancaster Dr.
What are the property facts for 721 Lancaster Dr?
721 Lancaster Dr is a 5 bed, 4 bath, 2,814 sqft, 10,585 sqft lot single_family.
Is 721 Lancaster Dr a flip candidate?
No — 721 Lancaster Dr does not appear in our flips dataset.
Is 721 Lancaster Dr a tax-appeal candidate?
No — 721 Lancaster Dr 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
+3.0%
Implied 1-yr
+12.0%
2026 Q1
$392.7K
2026 Q2
$402.6K
ZIP 08086 — Median Price History + Forecast

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