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601 Madison Dr

Monroe, NJ 08831

2 bd 2 ba 1,266 sqft Built 1987 Lot 2,566 sqft condos
Most recent sale
$305,000
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 21, 2022 Sold $305,000 MLS #2300803R
Jul 16, 2022 Listing removed $279,000 AllJerseyMLS
Jul 16, 2022 Listed $299,000 MLS #2300803R
Mar 2, 2022 Listed $279,000 MLS #2204542R
May 25, 2017 Listing removed $145,000 AllJerseyMLS
May 17, 2017 Listed $145,000 MLS #1718709

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1987
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,266 sqft
Lot size
2,566 sqft
ZIP code
08831
City
Monroe
Street
Madison Dr
Coordinates
40.30635, -74.46197

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
$1,899
Gross rental yield
7.47%
Implied cap rate
4.86%
Trend-extrapolated value

Frequently asked questions

When did 601 Madison Dr last sell?
601 Madison Dr most recently sold on Sep 21, 2022 for $305,000.
What is the current tax assessment for 601 Madison Dr?
No tax-assessment history is recorded for this parcel.
When was 601 Madison Dr built?
601 Madison Dr was built in 1987.
How does 601 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 601 Madison Dr?
601 Madison Dr is a 2 bed, 2 bath, 1,266 sqft, 2,566 sqft lot condos.
Is 601 Madison Dr a flip candidate?
No — 601 Madison Dr does not appear in our flips dataset.
Is 601 Madison Dr a tax-appeal candidate?
No — 601 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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