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1 Canal St

Vernon, NJ 07422

3 bd 1 ba 1,300 sqft Built 1962 Lot 7,405 sqft single_family
Most recent sale
$125,000
Feb 21, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 23, 2024 Listing removed GardenState
Feb 21, 2024 Sold $125,000 GardenState
Dec 18, 2023 Listed $140,000 GardenState
Jun 9, 2005 Sold $170,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $114,900 $171,700 $286,600 $6,720
2024 $114,900 $171,700 $286,600 $4,203
2023 $55,700 $151,700 $207,400 $5,377
2022 $53,500 $130,800 $184,300 $5,195
2021 $47,100 $100,800 $147,900 $4,648
2020 $53,300 $80,800 $134,100 $4,197
2019 $58,300 $103,400 $161,700 $4,556
2018 $58,300 $103,400 $161,700 $4,354
2017 $58,300 $103,400 $161,700 $4,238
2016 $58,300 $103,400 $161,700 $4,231
2015 $58,300 $103,400 $161,700 $4,217
2014 $58,300 $103,400 $161,700 $4,255
2013 $58,300 $103,400 $161,700 $4,251
2012 $58,300 $103,400 $161,700 $4,281
2011 $58,300 $103,400 $161,700 $4,226
2009 $58,300 $103,400 $161,700 $3,892
2008 $50,300 $39,300 $89,600 $3,788
2007 $50,300 $39,300 $89,600 $3,691

Property facts

Year built
1962
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,300 sqft
Lot size
7,405 sqft
ZIP code
07422
City
Vernon
Street
Canal St
Coordinates
41.18501, -74.44918

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
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1 Canal St last sell?
1 Canal St most recently sold on Feb 21, 2024 for $125,000.
What is the current tax assessment for 1 Canal St?
The most recent total assessment for 1 Canal St (year 2025) is $286,600 with $6,720 in property tax.
How does 1 Canal St's assessment compare to its last sale price?
The current assessment is 129.3% above the last sale price of $125,000.
When was 1 Canal St built?
1 Canal St was built in 1962.
How does 1 Canal St compare to others on Canal St?
We track 3 other properties on Canal St. Browse the list under "Other properties on Canal St" to compare beds, baths, and sale history.
What are the property facts for 1 Canal St?
1 Canal St is a 3 bed, 1 bath, 1,300 sqft, 7,405 sqft lot single_family.
Is 1 Canal St a flip candidate?
No — 1 Canal St does not appear in our flips dataset.
Is 1 Canal St a tax-appeal candidate?
Yes — 1 Canal St 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 valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.2%
2026 Q2
$403K
2026 Q3
$412.6K
ZIP 07422 — Median Price History + Forecast

Explore nearby

Other properties on Canal St