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40 Indian Run

Watchung, NJ 07069

2 bd 3 ba 2,210 sqft Built 1985 Lot 8,712 sqft townhomes
Most recent sale
$565,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $565,000 MLS #3763661
Feb 13, 2022 Listed $570,000 MLS #3763661
May 4, 2009 Sold $429,000 Public Record
Jul 20, 1994 Sold $283,000 Public Record
Nov 25, 1985 Sold $264,370 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $313,400 $199,500 $512,900 $10,776
2021 $302,500 $193,700 $496,200 $10,648
2020 $298,100 $189,000 $487,100 $10,365
2019 $291,500 $185,000 $476,500 $9,887
2018 $287,100 $185,000 $472,100 $9,399
2017 $271,700 $185,000 $456,700 $9,038
2016 $263,700 $181,500 $445,200 $9,309
2015 $255,700 $165,000 $420,700 $8,910
2014 $247,700 $165,000 $412,700 $8,641
2013 $239,700 $165,000 $404,700 $8,373
2012 $249,700 $165,000 $414,700 $8,352
2011 $243,700 $170,000 $413,700 $8,112
2010 $239,700 $163,500 $403,200 $7,745
2009 $275,700 $175,500 $451,200 $7,950
2008 $312,000 $180,000 $492,000 $8,265
2007 $332,100 $180,000 $512,100 $8,244

Property facts

Year built
1985
Property type
townhomes
Stories
Beds
2
Baths
3
Living area
2,210 sqft
Lot size
8,712 sqft
ZIP code
07069
City
Watchung
Street
Indian Run
Coordinates
40.66352, -74.42996

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
$3,315
Gross rental yield
7.04%
Implied cap rate
4.58%
Trend-extrapolated value

Frequently asked questions

When did 40 Indian Run last sell?
40 Indian Run most recently sold on Jun 15, 2022 for $565,000.
What is the current tax assessment for 40 Indian Run?
The most recent total assessment for 40 Indian Run (year 2022) is $512,900 with $10,776 in property tax.
How does 40 Indian Run's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $565,000.
When was 40 Indian Run built?
40 Indian Run was built in 1985.
How does 40 Indian Run compare to others on Indian Run?
We track 3 other properties on Indian Run. Browse the list under "Other properties on Indian Run" to compare beds, baths, and sale history.
What are the property facts for 40 Indian Run?
40 Indian Run is a 2 bed, 3 bath, 2,210 sqft, 8,712 sqft lot townhomes.
Is 40 Indian Run a flip candidate?
No — 40 Indian Run does not appear in our flips dataset.
Is 40 Indian Run a tax-appeal candidate?
No — 40 Indian Run 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
+2.8%
Implied 1-yr
+11.2%
2026 Q3
$1.4M
2026 Q4
$1.43M
ZIP 07069 — Median Price History + Forecast

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