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31 Island Road

Springfield, NJ 08041·Burlington County

Estimated market value

$912,570

high confidence

range $869,959 – $994,190

Assessment-implied: $852,225; Equalization ratio 0.5752 (2025)
Comp-implied: $942,742; 7 comparable sales

Based on 7 comparable sales

Address	Sold	Price
1284 Old York Road	11/5/2025	$720,000
2582 Monmouth Road	10/7/2025	$850,000
113 Paddock Drive	5/5/2025	$899,000
250 Rt 68	8/20/2024	$850,000
19 Col Jobstown Rd	10/6/2023	$546,550
1269 Jacks Smith Road	8/22/2023	$525,000
110 Racehorse Lane	8/21/2023	$600,000

Last sale

$482,500

8/21/2002

Property

Type

Residential

Tax class

Residential

Year built

1991

Building size

3,707 sq ft

Lot size

2.21 ac

Land description

2.205AC.

Building description

2SF2CG

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$490,200

Land value

$112,000

Improvement value

$378,200

Last year's tax

$15,539

Sale on tax record

$482,500

Deed date

8/9/2002

Zoning

AR3· Agricultural

Typically allows farmland and agricultural production.

Flood risk

FEMA flood zone X· AREA OF MINIMAL FLOOD HAZARD

Outside the 1% annual chance flood area.

Special Flood Hazard Area: No

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Sales history

8/9/2002$482,500
Bk 5986 / Pg 482
9/14/1999$1
Bk 5722 / Pg 549
3/26/1990$79,000
Bk 79000 / Pg 230
4/4/1989$76,000
12/31/1967$0

Date	Price	Book / Page
8/9/2002	$482,500	5986 / 482
9/14/1999	$1	5722 / 549
3/26/1990	$79,000	79000 / 230
4/4/1989	$76,000	—
12/31/1967	$0	—

Deeds

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Properties on Island Road

Properties on Block 804

Frequently asked

When was 31 Island Road, Springfield, NJ 08041 last sold?: 31 Island Road, Springfield, NJ 08041 last sold in 2002 for $482,500.
What is the assessed value of 31 Island Road, Springfield, NJ 08041?: 31 Island Road, Springfield, NJ 08041 is assessed at $490,200 (land plus improvements).
What is 31 Island Road, Springfield, NJ 08041 worth?: Our model estimates 31 Island Road, Springfield, NJ 08041 at $912,570, based on comparable recorded sales nearby.
How many units does 31 Island Road, Springfield, NJ 08041 have?: 31 Island Road, Springfield, NJ 08041 has 1 dwelling unit on record.
What kind of property is 31 Island Road, Springfield, NJ 08041?: It is a Residential Property.

Parcel ID0334·block 804·lot 7.03