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28 Melrose Dr

Toms River, NJ 08753

3 bd 2 ba 1,456 sqft Built 1988 Lot 580 sqft condo
Most recent sale
$335,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2025 Sold $360,000 Public Record
Jun 30, 2022 Sold $335,000 Public Record
Jun 27, 2022 Sold $335,000 MoreMLS
May 4, 2022 Listed $289,900 MLS #22213155
Apr 3, 2019 Sold $205,000 Public Record
Jul 6, 2018 Sold $185,000 Public Record
Jun 4, 2014 Sold $160,000 Public Record
Oct 7, 2003 Sold $98,000 Public Record
Nov 8, 2002 Sold $175,500 Public Record
Apr 3, 1989 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $111,700 $135,000 $246,700 $4,820
2024 $111,700 $135,000 $246,700 $4,492
2023 $111,700 $135,000 $246,700 $4,270
2022 $111,700 $135,000 $246,700 $4,117
2021 $104,200 $50,000 $154,200 $3,862
2020 $104,200 $50,000 $154,200 $3,845
2019 $104,200 $50,000 $154,200 $3,679
2018 $104,200 $50,000 $154,200 $3,629
2017 $104,200 $50,000 $154,200 $3,599
2016 $104,200 $50,000 $154,200 $3,504
2015 $104,200 $50,000 $154,200 $3,372
2014 $104,200 $50,000 $154,200 $3,127
2013 $104,200 $50,000 $154,200 $3,033
2012 $117,100 $110,000 $227,100 $3,492
2011 $117,100 $110,000 $227,100 $3,383
2009 $117,100 $110,000 $227,100 $2,886
2007 $58,000 $36,000 $94,000 $2,877

Property facts

Year built
1988
Property type
condo
Stories
2
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
580 sqft
ZIP code
08753
City
Toms River
Street
Melrose Dr
Coordinates
39.95860, -74.19502

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,184
Gross rental yield
7.82%
Implied cap rate
5.09%
Trend-extrapolated value

Frequently asked questions

When did 28 Melrose Dr last sell?
28 Melrose Dr most recently sold on Jun 30, 2022 for $335,000.
What is the current tax assessment for 28 Melrose Dr?
The most recent total assessment for 28 Melrose Dr (year 2025) is $246,700 with $4,820 in property tax.
How does 28 Melrose Dr's assessment compare to its last sale price?
The current assessment is 26.4% below the last sale price of $335,000.
When was 28 Melrose Dr built?
28 Melrose Dr was built in 1988.
How does 28 Melrose Dr compare to others on Melrose Dr?
We track 6 other properties on Melrose Dr. Browse the list under "Other properties on Melrose Dr" to compare beds, baths, and sale history.
What are the property facts for 28 Melrose Dr?
28 Melrose Dr is a 3 bed, 2 bath, 1,456 sqft, 580 sqft lot condo.
Is 28 Melrose Dr a flip candidate?
No — 28 Melrose Dr does not appear in our flips dataset.
Is 28 Melrose Dr a tax-appeal candidate?
No — 28 Melrose 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
+3.1%
Implied 1-yr
+12.6%
2026 Q3
$729.3K
2026 Q4
$748.4K
ZIP 08753 — Median Price History + Forecast

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