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203 Millman Ln

Villas, NJ 08251

5 bd 4 ba 2,400 sqft Built 2024 Lot 6,244 sqft single_family
Most recent sale
$452,000
Jan 4, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2024 Sold $1,438,000 CapeMay
Dec 7, 2023 Listed $1,497,777 CapeMay
Jan 4, 2023 Sold $452,000 Public Record
Oct 31, 2013 Sold $185,000 Public Record
Oct 12, 2013 Listing removed $199,999 CapeMay
Jul 12, 2013 Price changed $199,999 CapeMay
Jun 18, 2013 Price changed $239,900 CapeMay
Apr 23, 2013 Listed $259,000 CapeMay
Mar 31, 2012 Listing removed $349,000 CapeMay
Jan 3, 2012 Listed $349,000 CapeMay
Oct 4, 1999 Sold $150,000 Public Record
Jul 31, 1995 Sold $86,000 Public Record
Dec 22, 1986 Sold $226,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $514,600 $264,900 $779,500 $16,252
2023 $75,200 $297,400 $372,600 $7,422
2022 $75,200 $297,400 $372,600 $7,202
2021 $75,200 $297,400 $372,600 $6,978
2020 $75,200 $297,400 $372,600 $6,863
2019 $75,200 $297,400 $372,600 $6,699
2018 $75,200 $297,400 $372,600 $6,546
2017 $75,200 $297,400 $372,600 $6,546
2016 $75,200 $297,400 $372,600 $6,457
2015 $75,200 $297,400 $372,600 $6,252
2014 $75,200 $297,400 $372,600 $6,024
2013 $124,300 $367,400 $491,700 $6,928
2012 $124,300 $367,400 $491,700 $8,688
2011 $124,300 $367,400 $491,700 $6,642
2009 $124,300 $522,800 $647,100 $7,415
2008 $124,300 $522,800 $647,100 $7,085
2007 $124,300 $522,800 $647,100 $6,807

Property facts

Year built
2024
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,400 sqft
Lot size
6,244 sqft
ZIP code
08251
City
Villas
Street
Millman Ln
Coordinates
39.02891, -74.94176

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
$3,600
Gross rental yield
9.56%
Implied cap rate
6.21%
Trend-extrapolated value

Frequently asked questions

When did 203 Millman Ln last sell?
203 Millman Ln most recently sold on Jan 4, 2023 for $452,000.
What is the current tax assessment for 203 Millman Ln?
The most recent total assessment for 203 Millman Ln (year 2025) is $779,500 with $16,252 in property tax.
How does 203 Millman Ln's assessment compare to its last sale price?
The current assessment is 72.5% above the last sale price of $452,000.
When was 203 Millman Ln built?
203 Millman Ln was built in 2024.
How does 203 Millman Ln compare to others on Millman Ln?
We track 8 other properties on Millman Ln. Browse the list under "Other properties on Millman Ln" to compare beds, baths, and sale history.
What are the property facts for 203 Millman Ln?
203 Millman Ln is a 5 bed, 4 bath, 2,400 sqft, 6,244 sqft lot single_family.
Is 203 Millman Ln a flip candidate?
Yes — 203 Millman Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 203 Millman Ln a tax-appeal candidate?
No — 203 Millman 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
+7.6%
Implied 1-yr
+30.4%
2026 Q2
$778.6K
2026 Q3
$818.2K
ZIP 08251 — Median Price History + Forecast

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