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5225 Richmond Rd

West Milford, NJ 07480

2 bd 2 ba 960 sqft Built 1996 condos
Most recent sale
$225,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $225,000 MLS #3772670
May 7, 2022 Listing removed NewJerseyMLS
Apr 1, 2022 Listed $209,000 MLS #22010878
May 19, 2000 Sold $138,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $64,700 $35,000 $99,700 $4,201
2024 $64,700 $35,000 $99,700 $4,041
2023 $64,700 $35,000 $99,700 $3,939
2022 $64,700 $35,000 $99,700 $3,856
2021 $64,700 $35,000 $99,700 $3,773
2020 $64,700 $35,000 $99,700 $3,734
2019 $64,700 $35,000 $99,700 $3,684
2018 $64,700 $35,000 $99,700 $3,675
2017 $64,700 $35,000 $99,700 $3,692
2016 $64,700 $35,000 $99,700 $3,698
2015 $64,700 $35,000 $99,700 $3,655
2014 $64,700 $35,000 $99,700 $3,566
2013 $64,700 $35,000 $99,700 $3,467
2012 $64,700 $35,000 $99,700 $3,372
2011 $21,800 $29,600 $51,400 $3,203
2010 $21,800 $29,600 $51,400 $3,144
2009 $53,100 $29,600 $82,700 $4,845
2008 $53,100 $29,600 $82,700 $4,670
2007 $73,100 $29,600 $102,700 $5,586

Property facts

Year built
1996
Property type
condos
Stories
Beds
2
Baths
2
Living area
960 sqft
Lot size
ZIP code
07480
City
West Milford
Street
Richmond Rd
Coordinates
41.12154, -74.36410

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,440
Gross rental yield
7.68%
Implied cap rate
4.99%
Trend-extrapolated value

Frequently asked questions

When did 5225 Richmond Rd last sell?
5225 Richmond Rd most recently sold on May 27, 2022 for $225,000.
What is the current tax assessment for 5225 Richmond Rd?
The most recent total assessment for 5225 Richmond Rd (year 2025) is $99,700 with $4,201 in property tax.
How does 5225 Richmond Rd's assessment compare to its last sale price?
The current assessment is 55.7% below the last sale price of $225,000.
When was 5225 Richmond Rd built?
5225 Richmond Rd was built in 1996.
How does 5225 Richmond Rd compare to others on Richmond Rd?
We track 8 other properties on Richmond Rd. Browse the list under "Other properties on Richmond Rd" to compare beds, baths, and sale history.
What are the property facts for 5225 Richmond Rd?
5225 Richmond Rd is a 2 bed, 2 bath, 960 sqft condos.
Is 5225 Richmond Rd a flip candidate?
No — 5225 Richmond Rd does not appear in our flips dataset.
Is 5225 Richmond Rd a tax-appeal candidate?
No — 5225 Richmond Rd 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
-2.3%
Implied 1-yr
-9.0%
2026 Q3
$420.9K
2026 Q4
$409.8K
ZIP 07480 — Median Price History + Forecast

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