16 Preakness Ct
Tinton Falls, NJ 07724
3 bd 3 ba 1,300 sqft Built 1988 Lot 1,307 sqft condos
Most recent sale
$380,000
Nov 12, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 12, 2021 | Sold | $380,000 | MLS #22130718 |
| Sep 16, 2021 | Listed | $360,000 | MLS #22130718 |
| Apr 26, 2006 | Sold | $325,000 | Public Record |
| Aug 23, 2004 | Sold | $280,000 | Public Record |
| Mar 8, 1994 | Sold | $130,000 | Public Record |
| Aug 25, 1988 | Sold | $142,000 | Public Record |
| Feb 26, 1988 | Sold | $142,878 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $177,300 | $276,800 | $454,100 | $6,548 |
| 2024 | $177,300 | $276,800 | $454,100 | $6,096 |
| 2023 | $172,200 | $185,000 | $357,200 | $5,493 |
| 2022 | $168,100 | $150,000 | $318,100 | $5,283 |
| 2021 | $134,800 | $140,000 | $274,800 | $5,323 |
| 2020 | $131,700 | $120,000 | $251,700 | $5,047 |
| 2019 | $130,000 | $120,000 | $250,000 | $5,000 |
| 2018 | $124,000 | $115,000 | $239,000 | $4,790 |
| 2017 | $120,200 | $115,000 | $235,200 | $4,831 |
| 2016 | $117,200 | $120,000 | $237,200 | $4,976 |
| 2015 | $114,200 | $110,000 | $224,200 | $4,650 |
| 2014 | $124,300 | $85,000 | $209,300 | $4,550 |
| 2013 | $124,300 | $85,000 | $209,300 | $4,259 |
| 2012 | $124,300 | $85,000 | $209,300 | $4,201 |
| 2011 | $124,300 | $135,000 | $259,300 | $4,927 |
| 2010 | $124,300 | $135,000 | $259,300 | $4,590 |
| 2009 | $124,300 | $135,000 | $259,300 | $4,457 |
| 2008 | $124,300 | $135,000 | $259,300 | $4,188 |
| 2007 | $69,600 | $40,000 | $109,600 | $4,187 |
Property facts
Year built
1988
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,300 sqft
Lot size
1,307 sqft
ZIP code
07724
City
Tinton Falls
Street
Preakness Ct
Coordinates
40.30902, -74.07393
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,950
Gross rental yield
6.16%
Implied cap rate
4.00%
Trend-extrapolated value
—
Frequently asked questions
When did 16 Preakness Ct last sell?
16 Preakness Ct most recently sold on Nov 12, 2021 for $380,000.
What is the current tax assessment for 16 Preakness Ct?
The most recent total assessment for 16 Preakness Ct (year 2025) is $454,100 with $6,548 in property tax.
How does 16 Preakness Ct's assessment compare to its last sale price?
The current assessment is 19.5% above the last sale price of $380,000.
When was 16 Preakness Ct built?
16 Preakness Ct was built in 1988.
How does 16 Preakness Ct compare to others on Preakness Ct?
We track 4 other properties on Preakness Ct. Browse the list under "Other properties on Preakness Ct" to compare beds, baths, and sale history.
What are the property facts for 16 Preakness Ct?
16 Preakness Ct is a 3 bed, 3 bath, 1,300 sqft, 1,307 sqft lot condos.
Is 16 Preakness Ct a flip candidate?
No — 16 Preakness Ct does not appear in our flips dataset.
Is 16 Preakness Ct a tax-appeal candidate?
Yes — 16 Preakness Ct 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 valuationQuarterly trend
+1.6%
Implied 1-yr
+6.2%
2026 Q3
$831K
2026 Q4
$842.8K
ZIP 07724 — Median Price History + Forecast
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Geography
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