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721 Mount Vernon Rd

Monroe, NJ 08831

2 bd 2 ba 1,462 sqft Built 1983 condos
Most recent sale
$250,000
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 14, 2025 Sold $410,000 AllJerseyMLS
Jan 9, 2025 Listed $419,500 AllJerseyMLS
Sep 19, 2022 Sold $250,000 Public Record
Aug 30, 2022 Sold $250,000 MLS #2251337M
Apr 21, 2022 Listed $299,000 MLS #2251337M
Nov 1, 1995 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $59,700 $55,000 $114,700 $3,426
2024 $59,700 $55,000 $114,700 $3,317
2023 $59,700 $55,000 $114,700 $3,202
2022 $59,700 $55,000 $114,700 $3,143
2021 $59,700 $55,000 $114,700 $3,123
2020 $59,700 $55,000 $114,700 $3,131
2019 $59,700 $55,000 $114,700 $3,057
2018 $59,700 $55,000 $114,700 $3,025
2017 $59,700 $55,000 $114,700 $2,979
2016 $59,700 $55,000 $114,700 $2,932
2015 $59,700 $55,000 $114,700 $2,859
2014 $59,700 $55,000 $114,700 $2,758
2013 $97,900 $55,000 $152,900 $6,819
2012 $97,900 $55,000 $152,900 $6,732
2011 $97,900 $55,000 $152,900 $6,100
2010 $97,900 $55,000 $152,900 $5,774
2009 $97,900 $55,000 $152,900 $5,565
2008 $97,900 $55,000 $152,900 $5,453
2007 $97,900 $55,000 $152,900 $5,183

Property facts

Year built
1983
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,462 sqft
Lot size
ZIP code
08831
City
Monroe
Street
Mount Vernon Rd
Coordinates
40.34318, -74.47379

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
$2,193
Gross rental yield
10.53%
Implied cap rate
6.84%
Trend-extrapolated value

Frequently asked questions

When did 721 Mount Vernon Rd last sell?
721 Mount Vernon Rd most recently sold on Aug 30, 2022 for $250,000.
What is the current tax assessment for 721 Mount Vernon Rd?
The most recent total assessment for 721 Mount Vernon Rd (year 2025) is $114,700 with $3,426 in property tax.
How does 721 Mount Vernon Rd's assessment compare to its last sale price?
The current assessment is 54.1% below the last sale price of $250,000.
When was 721 Mount Vernon Rd built?
721 Mount Vernon Rd was built in 1983.
How does 721 Mount Vernon Rd compare to others on Mount Vernon Rd?
We track 7 other properties on Mount Vernon Rd. Browse the list under "Other properties on Mount Vernon Rd" to compare beds, baths, and sale history.
What are the property facts for 721 Mount Vernon Rd?
721 Mount Vernon Rd is a 2 bed, 2 bath, 1,462 sqft condos.
Is 721 Mount Vernon Rd a flip candidate?
No — 721 Mount Vernon Rd does not appear in our flips dataset.
Is 721 Mount Vernon Rd a tax-appeal candidate?
No — 721 Mount Vernon Rd 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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