16 Village Way
Vernon, NJ 07462
3 bd 2 ba 1,268 sqft Built 1983 Lot 871 sqft condos
Most recent sale
$155,000
Jan 24, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 13, 2025 | Sold | $230,000 | Public Record |
| Mar 7, 2025 | Sold | $230,000 | GardenState |
| Jan 28, 2025 | Price changed | $230,000 | GardenState |
| Dec 28, 2024 | Listed | $245,000 | GardenState |
| Jan 24, 2023 | Sold | $155,000 | Public Record |
| Jan 24, 2023 | Listing removed | — | Avail |
| Jan 5, 2023 | Listed for rent | $2,400 | Avail |
| Jan 5, 2023 | Listing removed | — | Avail |
| Dec 18, 2022 | Listed for rent | $2,400 | Avail |
| Dec 16, 2022 | Sold | $155,000 | GardenState |
| Jan 26, 2018 | Listing removed | $134,900 | GardenState |
| Nov 1, 2017 | Listed | $134,900 | GardenState |
| Aug 31, 2017 | Listing removed | $129,900 | GardenState |
| Aug 30, 2016 | Listed | $129,900 | GardenState |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $82,100 | $115,000 | $197,100 | $4,622 |
| 2024 | $82,100 | $115,000 | $197,100 | $3,820 |
| 2023 | $70,200 | $65,000 | $135,200 | $3,505 |
| 2022 | $71,600 | $51,000 | $122,600 | $3,456 |
| 2021 | $64,600 | $51,000 | $115,600 | $3,633 |
| 2020 | $63,100 | $50,000 | $113,100 | $3,540 |
| 2019 | $90,800 | $70,000 | $160,800 | $4,531 |
| 2018 | $90,800 | $70,000 | $160,800 | $4,330 |
| 2017 | $90,800 | $70,000 | $160,800 | $4,214 |
| 2016 | $90,800 | $80,000 | $170,800 | $4,469 |
| 2015 | $90,800 | $80,000 | $170,800 | $4,454 |
| 2014 | $90,800 | $80,000 | $170,800 | $4,495 |
| 2013 | $90,800 | $80,000 | $170,800 | $4,490 |
| 2012 | $90,800 | $80,000 | $170,800 | $4,522 |
| 2011 | $90,800 | $80,000 | $170,800 | $4,464 |
| 2009 | $90,800 | $80,000 | $170,800 | $4,111 |
| 2008 | $49,000 | $31,000 | $80,000 | $3,382 |
| 2007 | $49,000 | $31,000 | $80,000 | $3,296 |
Property facts
Year built
1983
Property type
condos
Stories
—
Beds
3
Baths
2
Living area
1,268 sqft
Lot size
871 sqft
ZIP code
07462
City
Vernon
Street
Village Way
Coordinates
41.18104, -74.48075
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 16 Village Way last sell?
16 Village Way most recently sold on Jan 24, 2023 for $155,000.
What is the current tax assessment for 16 Village Way?
The most recent total assessment for 16 Village Way (year 2025) is $197,100 with $4,622 in property tax.
How does 16 Village Way's assessment compare to its last sale price?
The current assessment is 27.2% above the last sale price of $155,000.
When was 16 Village Way built?
16 Village Way was built in 1983.
How does 16 Village Way compare to others on Village Way?
We track 8 other properties on Village Way. Browse the list under "Other properties on Village Way" to compare beds, baths, and sale history.
What are the property facts for 16 Village Way?
16 Village Way is a 3 bed, 2 bath, 1,268 sqft, 871 sqft lot condos.
Is 16 Village Way a flip candidate?
No — 16 Village Way does not appear in our flips dataset.
Is 16 Village Way a tax-appeal candidate?
No — 16 Village Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$277.3K
2026 Q4
$279.7K
ZIP 07462 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Village Way