16 Drummond Way
Monroe, NJ 08831
5 bd 3 ba 2,667 sqft Built 1994 Lot 31,572 sqft single_family
Most recent sale
$820,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $820,000 | Public Record |
| Jul 19, 2022 | Listed | $775,000 | MLS #2300650R |
| Mar 28, 1994 | Sold | $255,550 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $319,800 | $186,300 | $506,100 | $15,117 |
| 2024 | $319,800 | $186,300 | $506,100 | $14,636 |
| 2023 | $319,800 | $186,300 | $506,100 | $14,130 |
| 2022 | $312,700 | $186,300 | $499,000 | $13,677 |
| 2021 | $312,700 | $186,300 | $499,000 | $13,588 |
| 2020 | $312,700 | $186,300 | $499,000 | $13,623 |
| 2019 | $312,700 | $186,300 | $499,000 | $13,303 |
| 2018 | $312,700 | $186,300 | $499,000 | $13,164 |
| 2017 | $312,700 | $186,300 | $499,000 | $12,964 |
| 2016 | $312,700 | $186,300 | $499,000 | $12,759 |
| 2015 | $312,700 | $186,300 | $499,000 | $12,440 |
| 2014 | $312,700 | $186,300 | $499,000 | $12,001 |
| 2013 | $189,000 | $52,500 | $241,500 | $10,771 |
| 2012 | $189,000 | $52,500 | $241,500 | $10,633 |
| 2011 | $189,000 | $52,500 | $241,500 | $9,636 |
| 2010 | $189,000 | $52,500 | $241,500 | $9,119 |
| 2009 | $189,000 | $52,500 | $241,500 | $8,791 |
| 2008 | $189,000 | $52,500 | $241,500 | $8,614 |
| 2007 | $189,000 | $52,500 | $241,500 | $8,186 |
Property facts
Year built
1994
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,667 sqft
Lot size
31,572 sqft
ZIP code
08831
City
Monroe
Street
Drummond Way
Coordinates
40.32639, -74.39839
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,001
Gross rental yield
5.86%
Implied cap rate
3.81%
Trend-extrapolated value
—
Frequently asked questions
When did 16 Drummond Way last sell?
16 Drummond Way most recently sold on Sep 23, 2022 for $820,000.
What is the current tax assessment for 16 Drummond Way?
The most recent total assessment for 16 Drummond Way (year 2025) is $506,100 with $15,117 in property tax.
How does 16 Drummond Way's assessment compare to its last sale price?
The current assessment is 38.3% below the last sale price of $820,000.
When was 16 Drummond Way built?
16 Drummond Way was built in 1994.
How does 16 Drummond Way compare to others on Drummond Way?
We do not currently track other properties on Drummond Way.
What are the property facts for 16 Drummond Way?
16 Drummond Way is a 5 bed, 3 bath, 2,667 sqft, 31,572 sqft lot single_family.
Is 16 Drummond Way a flip candidate?
No — 16 Drummond Way does not appear in our flips dataset.
Is 16 Drummond Way a tax-appeal candidate?
No — 16 Drummond Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography