For sale

Price cut: $30K (8/18)

$489,000

205 Thompson Avenue, Middletown, NJ 07748

5beds

1,810sqft

$3,238/mo

Get pre-qualified

Duplex

Built in 1923

-- sqft lot

$512,700 Zestimate^®

$270/sqft

$-- HOA

What's special

Turnkey 2 family. Long term tenants. 3 bedroom downstairs rent $1690. 2 bedroom upstairs $1075.Tenants pay all utilities including water and sewer. Rents way below market.

14 days
1,276
31

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard

Cooling

Multi Units

Features

Flooring: Wood, Ceramic Tile
Basement: Slab

Interior area

Total structure area: 1,810
Total interior livable area: 1,810 sqft

Property

Parking

Parking features: Off Street, None

Features

Stories: 2
Waterfront features: Bayside

Lot

Size: 4,791 Square Feet
Dimensions: 50 x 100
Features: Level

Details

Parcel number: 3200112000000003

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

Year built: 1923

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: None

Location

Region: Middletown

Financial & listing details

Price per square foot: $270/sqft
Tax assessed value: $486,700
Annual tax amount: $7,855
Date on market: 8/18/2026

Estimated market value

$512,700

$487,000 - $538,000

$2,983/mo

Price history

Date	Event	Price
8/18/2026	Price change	$489,000-5.8%$270/sqft
Source: MoreMLS #22625744 Report a problem
8/4/2026	Listed for sale	$519,000+130.7%$287/sqft
Source: Owner Report a problem
3/1/2021	Listing removed	--
Source: Owner Report a problem
7/9/2020	Listing removed	$1,500$1/sqft
Source: Owner Report a problem
6/23/2020	Listed for rent	$1,500+0.3%$1/sqft
Source: Owner Report a problem
11/23/2019	Listing removed	$1,495$1/sqft
Source: Owner Report a problem
11/10/2019	Price change	$1,495-5.7%$1/sqft
Source: Owner Report a problem
9/14/2019	Listed for rent	$1,585$1/sqft
Source: Owner Report a problem
6/11/2004	Sold	$225,000$124/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,006 +17.4%	$486,700 +17.4%
2024	$6,817 +17.2%	$414,400 +23.8%
2023	$5,819 -3.4%	$334,800 +4.6%
2022	$6,026 +16.8%	$320,000 +29%
2021	$5,160 +11.5%	$248,100 +12.8%
2020	$4,630 +0.2%	$219,900 +0.3%
2019	$4,622	$219,200 +2.8%
2018	$4,622 +9.4%	$213,300 +3.8%
2017	$4,226 -0.5%	$205,400 +7%
2016	$4,248 -8%	$192,000 -0.3%
2015	$4,619 +2.2%	$192,500 -5.7%
2014	$4,519 +2.5%	$204,100
2012	$4,411 +0.2%	$204,100
2011	$4,401 +3.9%	$204,100 -13.7%
2010	$4,238 -3.1%	$236,600
2009	$4,374	$236,600 +112.6%
2008	--	$111,300
2007	--	$111,300
2006	--	$111,300
2005	--	$111,300
2003	--	$111,300
2002	--	$111,300
2001	--	$111,300