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3 Phillips Ct

Vernon, NJ 07461

4 bd 3 ba 2,642 sqft Built 1979 Lot 30,056 sqft single_family
Most recent sale
$500,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $500,000 Public Record
Aug 23, 2022 Sold $500,000 GardenState
Jun 28, 2022 Listed $445,000 MLS #3792272
May 24, 2004 Sold $326,000 Public Record
Jan 5, 1988 Sold $174,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $247,800 $244,100 $491,900 $11,535
2024 $247,800 $244,100 $491,900 $10,657
2023 $233,700 $163,500 $397,200 $10,299
2022 $233,100 $138,500 $371,600 $10,475
2021 $210,000 $113,500 $323,500 $10,167
2020 $207,900 $103,500 $311,400 $9,747
2019 $214,100 $148,000 $362,100 $10,204
2018 $214,100 $148,000 $362,100 $9,751
2017 $204,800 $148,000 $352,800 $9,246
2016 $204,800 $148,000 $352,800 $9,232
2015 $204,800 $148,000 $352,800 $9,201
2014 $204,800 $148,000 $352,800 $9,285
2013 $202,800 $148,000 $350,800 $9,222
2012 $197,800 $148,000 $345,800 $9,156
2011 $197,800 $148,000 $345,800 $9,039
2009 $197,800 $148,000 $345,800 $8,323
2008 $116,000 $45,100 $161,100 $6,811
2007 $116,000 $45,100 $161,100 $6,637

Property facts

Year built
1979
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,642 sqft
Lot size
30,056 sqft
ZIP code
07461
City
Vernon
Street
Phillips Ct
Coordinates
41.19690, -74.53600

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,963
Gross rental yield
9.51%
Implied cap rate
6.18%
Trend-extrapolated value

Frequently asked questions

When did 3 Phillips Ct last sell?
3 Phillips Ct most recently sold on Aug 25, 2022 for $500,000.
What is the current tax assessment for 3 Phillips Ct?
The most recent total assessment for 3 Phillips Ct (year 2025) is $491,900 with $11,535 in property tax.
How does 3 Phillips Ct's assessment compare to its last sale price?
The current assessment is 1.6% below the last sale price of $500,000.
When was 3 Phillips Ct built?
3 Phillips Ct was built in 1979.
How does 3 Phillips Ct compare to others on Phillips Ct?
We do not currently track other properties on Phillips Ct.
What are the property facts for 3 Phillips Ct?
3 Phillips Ct is a 4 bed, 3 bath, 2,642 sqft, 30,056 sqft lot single_family.
Is 3 Phillips Ct a flip candidate?
No — 3 Phillips Ct does not appear in our flips dataset.
Is 3 Phillips Ct a tax-appeal candidate?
No — 3 Phillips Ct 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
+4.0%
Implied 1-yr
+15.8%
2026 Q3
$560K
2026 Q4
$577.6K
ZIP 07461 — Median Price History + Forecast

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