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5 Clover Ln

Vernon, NJ 07462

3 bd 2 ba 1,922 sqft Built 1966 Lot 18,295 sqft single_family
Most recent sale
$365,000
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $365,000 MLS #NJSU2000032
Jul 8, 2022 Listed $369,900 MLS #NJSU2000032
Aug 26, 2005 Sold $298,000 Public Record
Jan 20, 1995 Sold $152,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $155,500 $173,700 $329,200 $7,719
2024 $155,500 $173,700 $329,200 $8,182
2023 $138,900 $173,700 $312,600 $8,105
2022 $136,900 $128,700 $265,600 $7,487
2021 $123,400 $116,900 $240,300 $7,552
2020 $122,200 $111,900 $234,100 $7,327
2019 $109,200 $134,200 $243,400 $6,859
2018 $109,200 $134,200 $243,400 $6,554
2017 $109,200 $134,200 $243,400 $6,379
2016 $109,200 $134,200 $243,400 $6,369
2015 $109,200 $134,200 $243,400 $6,347
2014 $109,200 $134,200 $243,400 $6,406
2013 $109,200 $134,200 $243,400 $6,398
2012 $109,200 $134,200 $243,400 $6,445
2011 $109,200 $134,200 $243,400 $6,362
2009 $109,200 $134,200 $243,400 $5,858
2008 $86,400 $50,500 $136,900 $5,788
2007 $86,400 $50,500 $136,900 $5,640

Property facts

Year built
1966
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,922 sqft
Lot size
18,295 sqft
ZIP code
07462
City
Vernon
Street
Clover Ln
Coordinates
41.16812, -74.49350

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
$2,883
Gross rental yield
9.48%
Implied cap rate
6.16%
Trend-extrapolated value

Frequently asked questions

When did 5 Clover Ln last sell?
5 Clover Ln most recently sold on Sep 13, 2022 for $365,000.
What is the current tax assessment for 5 Clover Ln?
The most recent total assessment for 5 Clover Ln (year 2025) is $329,200 with $7,719 in property tax.
How does 5 Clover Ln's assessment compare to its last sale price?
The current assessment is 9.8% below the last sale price of $365,000.
When was 5 Clover Ln built?
5 Clover Ln was built in 1966.
How does 5 Clover Ln compare to others on Clover Ln?
We track 8 other properties on Clover Ln. Browse the list under "Other properties on Clover Ln" to compare beds, baths, and sale history.
What are the property facts for 5 Clover Ln?
5 Clover Ln is a 3 bed, 2 bath, 1,922 sqft, 18,295 sqft lot single_family.
Is 5 Clover Ln a flip candidate?
No — 5 Clover Ln does not appear in our flips dataset.
Is 5 Clover Ln a tax-appeal candidate?
No — 5 Clover Ln 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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