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5 Arapahoe Dr

Vernon, NJ 07462

2 bd 2 ba 1,300 sqft Built 1985 Lot 436 sqft condos
Most recent sale
$280,000
Mar 1, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 1, 2024 Sold $280,000 GardenState
Jan 22, 2024 Listed $259,000 GardenState
Nov 10, 2022 Sold $221,000 GardenState
Jul 8, 2019 Sold $110,000 Public Record
Jun 10, 2019 Listing removed GardenState
Jan 2, 2019 Listed $124,900 GardenState
Jan 1, 2019 Listing removed GardenState
Aug 17, 2018 Listing removed $129,999 GardenState
Aug 17, 2018 Listed $124,000 GardenState
Feb 16, 2018 Listed $129,999 GardenState
Feb 2, 2018 Listing removed $134,900 GardenState
Aug 1, 2017 Listed $134,900 GardenState
Aug 10, 1993 Sold $80,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,800 $145,000 $249,800 $5,857
2024 $104,800 $145,000 $249,800 $5,289
2023 $71,000 $110,000 $181,000 $4,693
2022 $68,100 $95,000 $163,100 $4,597
2021 $61,300 $80,000 $141,300 $4,441
2020 $61,500 $60,000 $121,500 $3,802
2019 $80,200 $60,000 $140,200 $3,950
2018 $80,200 $60,000 $140,200 $3,775
2017 $80,200 $60,000 $140,200 $3,674
2016 $80,200 $60,000 $140,200 $3,669
2015 $80,200 $60,000 $140,200 $3,656
2014 $80,200 $60,000 $140,200 $3,690
2013 $80,200 $60,000 $140,200 $3,685
2012 $80,200 $60,000 $140,200 $3,712
2011 $80,200 $70,000 $150,200 $3,926
2009 $80,200 $70,000 $150,200 $3,615
2008 $54,800 $33,000 $87,800 $3,712
2007 $54,800 $33,000 $87,800 $3,617

Property facts

Year built
1985
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,300 sqft
Lot size
436 sqft
ZIP code
07462
City
Vernon
Street
Arapahoe Dr
Coordinates
41.18752, -74.51051

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
$1,950
Gross rental yield
8.36%
Implied cap rate
5.43%
Trend-extrapolated value

Frequently asked questions

When did 5 Arapahoe Dr last sell?
5 Arapahoe Dr most recently sold on Mar 1, 2024 for $280,000.
What is the current tax assessment for 5 Arapahoe Dr?
The most recent total assessment for 5 Arapahoe Dr (year 2025) is $249,800 with $5,857 in property tax.
How does 5 Arapahoe Dr's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $280,000.
When was 5 Arapahoe Dr built?
5 Arapahoe Dr was built in 1985.
How does 5 Arapahoe Dr compare to others on Arapahoe Dr?
We track 8 other properties on Arapahoe Dr. Browse the list under "Other properties on Arapahoe Dr" to compare beds, baths, and sale history.
What are the property facts for 5 Arapahoe Dr?
5 Arapahoe Dr is a 2 bed, 2 bath, 1,300 sqft, 436 sqft lot condos.
Is 5 Arapahoe Dr a flip candidate?
Yes — 5 Arapahoe Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5 Arapahoe Dr a tax-appeal candidate?
No — 5 Arapahoe 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
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$277.3K
2026 Q4
$279.7K
ZIP 07462 — Median Price History + Forecast

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