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118 Madison Ave

Turnersville, NJ 08012

3 bd 2 ba 1,590 sqft Built 1973 single_family
Most recent sale
$370,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $370,000 MLS #NJGL2015910
May 20, 2022 Listed $339,000 MLS #NJGL2015910
May 25, 2011 Sold $152,000 MLS #5696689
Oct 5, 2010 Price changed $164,900 MLS #5696689
Aug 2, 2010 Price changed $174,900 MLS #5696689
Jul 15, 2010 Price changed $179,900 MLS #5696689
Apr 18, 2010 Listed $185,000 MLS #5696689
Sep 5, 2001 Sold $126,000 Public Record
Jan 30, 1973 Sold $33,490 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $159,500 $38,700 $198,200 $7,646
2024 $159,500 $38,700 $198,200 $7,331
2023 $159,500 $38,700 $198,200 $7,125
2022 $141,500 $38,700 $180,200 $6,265
2021 $141,500 $38,700 $180,200 $6,186
2020 $141,500 $38,700 $180,200 $6,093
2019 $123,400 $28,000 $151,400 $5,519
2018 $123,400 $28,000 $151,400 $5,456
2017 $123,400 $28,000 $151,400 $5,388
2016 $123,400 $28,000 $151,400 $5,107
2015 $123,400 $28,000 $151,400 $4,820
2014 $123,400 $28,000 $151,400 $4,666
2013 $73,700 $21,000 $94,700 $2,878
2012 $73,700 $21,000 $94,700 $4,769
2011 $73,700 $21,000 $94,700 $5,030
2010 $73,700 $21,000 $94,700 $5,011
2009 $73,700 $21,000 $94,700 $4,809
2008 $73,700 $21,000 $94,700 $4,661
2007 $73,700 $21,000 $94,700 $4,322

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,590 sqft
Lot size
ZIP code
08012
City
Turnersville
Street
Madison Ave
Coordinates
39.74001, -75.03806

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,385
Gross rental yield
7.74%
Implied cap rate
5.03%
Trend-extrapolated value

Frequently asked questions

When did 118 Madison Ave last sell?
118 Madison Ave most recently sold on Jul 18, 2022 for $370,000.
What is the current tax assessment for 118 Madison Ave?
The most recent total assessment for 118 Madison Ave (year 2025) is $198,200 with $7,646 in property tax.
How does 118 Madison Ave's assessment compare to its last sale price?
The current assessment is 46.4% below the last sale price of $370,000.
When was 118 Madison Ave built?
118 Madison Ave was built in 1973.
How does 118 Madison Ave compare to others on Madison Ave?
We track 2 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 118 Madison Ave?
118 Madison Ave is a 3 bed, 2 bath, 1,590 sqft single_family.
Is 118 Madison Ave a flip candidate?
No — 118 Madison Ave does not appear in our flips dataset.
Is 118 Madison Ave a tax-appeal candidate?
No — 118 Madison 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
+7.3%
2026 Q3
$382.8K
2026 Q4
$389K
ZIP 08012 — Median Price History + Forecast

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