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41 Drexel Ter

Monroe, NJ 08831

3 bd 2 ba 1,512 sqft Built 1969 Lot 7,501 sqft single_family
Most recent sale
$375,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 24, 2025 Sold $564,000 Public Record
Apr 21, 2025 Sold $564,000 AllJerseyMLS
Feb 19, 2025 Listed $564,000 AllJerseyMLS
Feb 4, 2025 Listing removed $579,000 AllJerseyMLS
Dec 11, 2024 Price changed $579,000 AllJerseyMLS
Nov 21, 2024 Listed $599,000 AllJerseyMLS
Apr 11, 2022 Sold $375,000 MLS #2208594R
Jan 19, 2022 Listed $365,000 MLS #2208594R
Apr 17, 1997 Sold $135,000 Public Record
Jan 1, 1978 Sold $44,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $109,600 $167,200 $276,800 $7,955
2024 $109,600 $167,200 $276,800 $7,725
2023 $109,600 $167,200 $276,800 $7,456
2022 $109,600 $167,200 $276,800 $7,340
2021 $109,600 $167,200 $276,800 $7,294
2020 $109,600 $167,200 $276,800 $7,302
2019 $109,600 $167,200 $276,800 $7,144
2018 $109,600 $167,200 $276,800 $7,089
2017 $109,600 $167,200 $276,800 $6,950
2016 $109,600 $167,200 $276,800 $6,848
2015 $109,600 $167,200 $276,800 $6,654
2014 $109,600 $167,200 $276,800 $6,383
2013 $82,500 $45,000 $127,500 $5,426
2012 $82,500 $45,000 $127,500 $5,359
2011 $82,500 $45,000 $127,500 $4,853
2010 $82,500 $45,000 $127,500 $4,675
2009 $82,500 $45,000 $127,500 $4,498
2008 $82,500 $45,000 $127,500 $4,404
2007 $82,500 $45,000 $127,500 $4,009

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
7,501 sqft
ZIP code
08831
City
Monroe
Street
Drexel Ter
Coordinates
40.37394, -74.37847

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
$2,268
Gross rental yield
7.26%
Implied cap rate
4.72%
Trend-extrapolated value

Frequently asked questions

When did 41 Drexel Ter last sell?
41 Drexel Ter most recently sold on Apr 11, 2022 for $375,000.
What is the current tax assessment for 41 Drexel Ter?
The most recent total assessment for 41 Drexel Ter (year 2025) is $276,800 with $7,955 in property tax.
How does 41 Drexel Ter's assessment compare to its last sale price?
The current assessment is 26.2% below the last sale price of $375,000.
When was 41 Drexel Ter built?
41 Drexel Ter was built in 1969.
How does 41 Drexel Ter compare to others on Drexel Ter?
We track 6 other properties on Drexel Ter. Browse the list under "Other properties on Drexel Ter" to compare beds, baths, and sale history.
What are the property facts for 41 Drexel Ter?
41 Drexel Ter is a 3 bed, 2 bath, 1,512 sqft, 7,501 sqft lot single_family.
Is 41 Drexel Ter a flip candidate?
No — 41 Drexel Ter does not appear in our flips dataset.
Is 41 Drexel Ter a tax-appeal candidate?
No — 41 Drexel Ter 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
-2.2%
Implied 1-yr
-8.8%
2026 Q3
$489.3K
2026 Q4
$476.7K
ZIP 08831 — Median Price History + Forecast

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