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231 Marblehead Ln

Monroe, NJ 08831

2 bd 2 ba 1,177 sqft Built 1973 Lot 1,420 sqft condos
Most recent sale
$228,000
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 21, 2022 Sold $228,000 MLS #2302168R
Aug 13, 2022 Listed $229,000 MLS #2302168R
Dec 30, 2004 Sold $145,000 Public Record
Mar 6, 2000 Sold $76,700 Public Record
Jun 3, 1991 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $43,400 $31,500 $74,900 $2,237
2024 $43,400 $31,500 $74,900 $2,166
2023 $43,400 $31,500 $74,900 $2,091
2022 $43,400 $31,500 $74,900 $2,053
2021 $43,400 $31,500 $74,900 $2,040
2020 $43,400 $31,500 $74,900 $2,045
2019 $43,400 $31,500 $74,900 $1,997
2018 $43,400 $31,500 $74,900 $1,976
2017 $41,000 $31,500 $72,500 $1,884
2016 $41,000 $31,500 $72,500 $1,854
2015 $41,000 $31,500 $72,500 $1,807
2014 $41,000 $31,500 $72,500 $1,744
2013 $51,700 $23,500 $75,200 $3,354
2012 $51,700 $23,500 $75,200 $3,311
2011 $51,700 $23,500 $75,200 $3,000
2010 $51,700 $23,500 $75,200 $2,840
2009 $51,700 $23,500 $75,200 $2,737
2008 $51,700 $23,500 $75,200 $2,682
2007 $51,700 $23,500 $75,200 $2,549

Property facts

Year built
1973
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,177 sqft
Lot size
1,420 sqft
ZIP code
08831
City
Monroe
Street
Marblehead Ln
Coordinates
40.33312, -74.46521

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
$1,766
Gross rental yield
9.29%
Implied cap rate
6.04%
Trend-extrapolated value

Frequently asked questions

When did 231 Marblehead Ln last sell?
231 Marblehead Ln most recently sold on Sep 21, 2022 for $228,000.
What is the current tax assessment for 231 Marblehead Ln?
The most recent total assessment for 231 Marblehead Ln (year 2025) is $74,900 with $2,237 in property tax.
How does 231 Marblehead Ln's assessment compare to its last sale price?
The current assessment is 67.1% below the last sale price of $228,000.
When was 231 Marblehead Ln built?
231 Marblehead Ln was built in 1973.
How does 231 Marblehead Ln compare to others on Marblehead Ln?
We track 8 other properties on Marblehead Ln. Browse the list under "Other properties on Marblehead Ln" to compare beds, baths, and sale history.
What are the property facts for 231 Marblehead Ln?
231 Marblehead Ln is a 2 bed, 2 bath, 1,177 sqft, 1,420 sqft lot condos.
Is 231 Marblehead Ln a flip candidate?
No — 231 Marblehead Ln does not appear in our flips dataset.
Is 231 Marblehead Ln a tax-appeal candidate?
No — 231 Marblehead Ln 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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