Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 30M+ properties All 50 states Methodology

4 Falkenstein Dr

Vernon, NJ 07462

3 bd 2 ba 1,400 sqft Built 1987 Lot 436 sqft condos
Most recent sale
$253,500
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Listed $299,500 GardenState
May 4, 2022 Sold $253,500 Public Record
Mar 25, 2022 Listing removed GardenState
Mar 6, 2022 Listed $239,000 GardenState
Mar 4, 2015 Listing removed $199,000 GardenState
Feb 8, 2015 Listed $199,000 GardenState
Feb 8, 2015 Listed for rent $1,700 GardenState
Dec 9, 2008 Sold $181,000 Public Record
Nov 30, 1999 Sold $129,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $116,800 $140,000 $256,800 $6,021
2024 $116,800 $140,000 $256,800 $5,384
2023 $73,000 $110,000 $183,000 $4,745
2022 $70,000 $100,000 $170,000 $4,792
2021 $63,100 $85,000 $148,100 $4,654
2020 $61,700 $70,000 $131,700 $4,122
2019 $85,000 $43,000 $128,000 $3,607
2018 $85,000 $43,000 $128,000 $3,447
2017 $85,000 $53,000 $138,000 $3,616
2016 $85,000 $53,000 $138,000 $3,611
2015 $85,000 $70,000 $155,000 $4,042
2014 $85,000 $70,000 $155,000 $4,079
2013 $88,600 $75,000 $163,600 $4,301
2012 $88,600 $75,000 $163,600 $4,332
2011 $88,600 $85,000 $173,600 $4,537
2009 $88,600 $85,000 $173,600 $4,178
2008 $57,500 $52,000 $109,500 $4,629
2007 $57,500 $52,000 $109,500 $4,511

Property facts

Year built
1987
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
436 sqft
ZIP code
07462
City
Vernon
Street
Falkenstein Dr
Coordinates
41.18214, -74.52200

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
$2,100
Gross rental yield
9.94%
Implied cap rate
6.46%
Trend-extrapolated value

Frequently asked questions

When did 4 Falkenstein Dr last sell?
4 Falkenstein Dr most recently sold on May 4, 2022 for $253,500.
What is the current tax assessment for 4 Falkenstein Dr?
The most recent total assessment for 4 Falkenstein Dr (year 2025) is $256,800 with $6,021 in property tax.
How does 4 Falkenstein Dr's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $253,500.
When was 4 Falkenstein Dr built?
4 Falkenstein Dr was built in 1987.
How does 4 Falkenstein Dr compare to others on Falkenstein Dr?
We track 8 other properties on Falkenstein Dr. Browse the list under "Other properties on Falkenstein Dr" to compare beds, baths, and sale history.
What are the property facts for 4 Falkenstein Dr?
4 Falkenstein Dr is a 3 bed, 2 bath, 1,400 sqft, 436 sqft lot condos.
Is 4 Falkenstein Dr a flip candidate?
No — 4 Falkenstein Dr does not appear in our flips dataset.
Is 4 Falkenstein Dr a tax-appeal candidate?
No — 4 Falkenstein 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

Explore nearby