40 Pearl St, New London — property record card
APT OVER 8 built in 1895, 7,943 ft² in New London, appraised at $703,800 (assessed $492,700); last sold for $1,100,000 on December 23, 2025.
Parcel
| Location | 40 Pearl St, New London CT 06320 |
|---|---|
| Parcel ID | G12-147-10 |
| CAMA account | 52350-G12-147-10 |
| Use | APT OVER 8 |
| Zone | CBD-2 |
| Planning region | Southeastern Connecticut |
Valuation — revaluation 2025
| Appraised (market value) | $703,800 |
|---|---|
| Assessed (70%) | $492,700 |
Building
| Year built | 1895 |
|---|---|
| Living area | 7,943 ft² |
| Rooms | 36 |
| Condition | AV |
| Units | 12 |
Sales
| Last sale | $1,100,000 — December 23, 2025 |
|---|
Within about 500 m (a third of a mile): 7 sites of the state brownfield inventory. Brownfields in New London.
What this means
- Connecticut taxes property at 70% of its appraised market value: the assessment $492,700 times the town mill rate gives the yearly tax.
- New London last revalued in 2025. Towns revalue every five years; between two revaluations the appraisal stays the same even if the market moves.
- Assessed 57% below the median for this use in New London ($1,159,200, 81 parcels).
- The last sale price is 56% above the appraisal.

The report for 40 Pearl St
This card shows what the assessor records. The report adds what lies around the parcel: FEMA flood zone, wetlands and watercourses, aquifer protection area, Natural Diversity Database areas, brownfields nearby and sewer service.
$19card · PDF within 24 h · you pay after receiving itSee the sample (PDF)