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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

DateEventPriceSource
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

YearBuildingLandTotal assessedTax 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 advice
Estimated 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 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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