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589 Madison Dr

Monroe, NJ 08831

2 bd 2 ba 1,556 sqft Built 1990 Lot 784,080 sqft condos
Most recent sale
$350,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $350,000 MLS #2215546R
Jun 17, 2022 Listed $300,000 MLS #2215546R

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1990
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,556 sqft
Lot size
784,080 sqft
ZIP code
08831
City
Monroe
Street
Madison Dr
Coordinates
40.30464, -74.46184

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
$2,334
Gross rental yield
8.00%
Implied cap rate
5.20%
Trend-extrapolated value

Frequently asked questions

When did 589 Madison Dr last sell?
589 Madison Dr most recently sold on Aug 12, 2022 for $350,000.
What is the current tax assessment for 589 Madison Dr?
No tax-assessment history is recorded for this parcel.
When was 589 Madison Dr built?
589 Madison Dr was built in 1990.
How does 589 Madison Dr compare to others on Madison Dr?
We track 8 other properties on Madison Dr. Browse the list under "Other properties on Madison Dr" to compare beds, baths, and sale history.
What are the property facts for 589 Madison Dr?
589 Madison Dr is a 2 bed, 2 bath, 1,556 sqft, 784,080 sqft lot condos.
Is 589 Madison Dr a flip candidate?
No — 589 Madison Dr does not appear in our flips dataset.
Is 589 Madison Dr a tax-appeal candidate?
No — 589 Madison Dr 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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