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248 Mystic Ln

Monroe, NJ 08831

2 bd 2 ba 1,374 sqft Built 1973 Lot 1,194 sqft condos
Most recent sale
$217,500
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $217,500 MLS #2211610R
Mar 29, 2022 Listed $215,000 MLS #2211610R
Dec 22, 2005 Sold $167,500 Public Record
Jun 10, 1992 Sold $78,000 Public Record
Feb 4, 1986 Sold $110,000 Public Record
Apr 1, 1985 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $50,900 $20,000 $70,900 $2,117
2024 $50,900 $20,000 $70,900 $2,050
2023 $50,900 $20,000 $70,900 $1,979
2022 $50,900 $20,000 $70,900 $1,943
2021 $50,900 $20,000 $70,900 $1,931
2020 $50,900 $20,000 $70,900 $1,935
2019 $50,900 $20,000 $70,900 $1,890
2018 $50,900 $20,000 $70,900 $1,870
2017 $50,900 $20,000 $70,900 $1,841
2016 $50,900 $20,000 $70,900 $1,812
2015 $50,900 $20,000 $70,900 $1,767
2014 $50,900 $20,000 $70,900 $1,705
2013 $54,400 $20,000 $74,400 $3,318
2012 $54,400 $20,000 $74,400 $3,275
2011 $54,400 $20,000 $74,400 $2,968
2010 $54,400 $20,000 $74,400 $2,809
2009 $54,400 $20,000 $74,400 $2,708
2008 $54,400 $20,000 $74,400 $2,653
2007 $54,400 $20,000 $74,400 $2,522

Property facts

Year built
1973
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,374 sqft
Lot size
1,194 sqft
ZIP code
08831
City
Monroe
Street
Mystic Ln
Coordinates
40.33212, -74.46701

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
$2,061
Gross rental yield
11.37%
Implied cap rate
7.39%
Trend-extrapolated value

Frequently asked questions

When did 248 Mystic Ln last sell?
248 Mystic Ln most recently sold on May 2, 2022 for $217,500.
What is the current tax assessment for 248 Mystic Ln?
The most recent total assessment for 248 Mystic Ln (year 2025) is $70,900 with $2,117 in property tax.
How does 248 Mystic Ln's assessment compare to its last sale price?
The current assessment is 67.4% below the last sale price of $217,500.
When was 248 Mystic Ln built?
248 Mystic Ln was built in 1973.
How does 248 Mystic Ln compare to others on Mystic Ln?
We track 8 other properties on Mystic Ln. Browse the list under "Other properties on Mystic Ln" to compare beds, baths, and sale history.
What are the property facts for 248 Mystic Ln?
248 Mystic Ln is a 2 bed, 2 bath, 1,374 sqft, 1,194 sqft lot condos.
Is 248 Mystic Ln a flip candidate?
No — 248 Mystic Ln does not appear in our flips dataset.
Is 248 Mystic Ln a tax-appeal candidate?
No — 248 Mystic 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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