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43 Drexel Ter

Monroe, NJ 08831

3 bd 2 ba 1,448 sqft Built 1969 Lot 7,405 sqft single_family
Most recent sale
$491,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $491,000 MLS #22208482
Mar 27, 2022 Listed $460,000 MLS #2211515R
Mar 26, 2022 Listed $460,000 MLS #22208482

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $122,800 $167,200 $290,000 $8,334
2024 $122,800 $167,200 $290,000 $8,093
2023 $122,800 $167,200 $290,000 $7,812
2022 $122,800 $167,200 $290,000 $7,690
2021 $122,800 $167,200 $290,000 $7,642
2020 $122,800 $167,200 $290,000 $7,650
2019 $119,600 $167,200 $286,800 $7,402
2018 $111,700 $167,200 $278,900 $7,143
2017 $111,700 $167,200 $278,900 $7,003
2016 $111,700 $167,200 $278,900 $6,900
2015 $111,700 $167,200 $278,900 $6,705
2014 $111,700 $167,200 $278,900 $6,431
2013 $88,600 $45,000 $133,600 $5,686
2012 $88,600 $45,000 $133,600 $5,615
2011 $88,600 $45,000 $133,600 $5,085
2010 $88,600 $45,000 $133,600 $4,899
2009 $85,700 $45,000 $130,700 $4,611
2008 $85,700 $45,000 $130,700 $4,514
2007 $85,700 $45,000 $130,700 $4,110

Property facts

Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,448 sqft
Lot size
7,405 sqft
ZIP code
08831
City
Monroe
Street
Drexel Ter
Coordinates
40.37397, -74.37821

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
$2,172
Gross rental yield
5.31%
Implied cap rate
3.45%
Trend-extrapolated value

Frequently asked questions

When did 43 Drexel Ter last sell?
43 Drexel Ter most recently sold on Jun 24, 2022 for $491,000.
What is the current tax assessment for 43 Drexel Ter?
The most recent total assessment for 43 Drexel Ter (year 2025) is $290,000 with $8,334 in property tax.
How does 43 Drexel Ter's assessment compare to its last sale price?
The current assessment is 40.9% below the last sale price of $491,000.
When was 43 Drexel Ter built?
43 Drexel Ter was built in 1969.
How does 43 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 43 Drexel Ter?
43 Drexel Ter is a 3 bed, 2 bath, 1,448 sqft, 7,405 sqft lot single_family.
Is 43 Drexel Ter a flip candidate?
No — 43 Drexel Ter does not appear in our flips dataset.
Is 43 Drexel Ter a tax-appeal candidate?
No — 43 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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