348 Newport Way
Monroe, NJ 08831
2 bd 2 ba 1,177 sqft Built 1975 Lot 636 sqft condos
Most recent sale
$270,000
Aug 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 10, 2022 | Sold | $270,000 | MLS #2214909R |
| Jun 2, 2022 | Listed | $270,000 | MLS #2214909R |
| Aug 25, 1997 | Sold | $75,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $54,900 | $35,000 | $89,900 | $2,685 |
| 2024 | $54,900 | $35,000 | $89,900 | $2,599 |
| 2023 | $54,900 | $35,000 | $89,900 | $2,510 |
| 2022 | $44,200 | $35,000 | $79,200 | $1,920 |
| 2021 | $44,200 | $35,000 | $79,200 | $1,907 |
| 2020 | $44,200 | $35,000 | $79,200 | $1,912 |
| 2019 | $44,200 | $35,000 | $79,200 | $2,111 |
| 2018 | $44,200 | $35,000 | $79,200 | $1,839 |
| 2017 | $44,200 | $35,000 | $79,200 | $1,808 |
| 2016 | $44,200 | $35,000 | $79,200 | $2,025 |
| 2015 | $44,200 | $35,000 | $79,200 | $1,724 |
| 2014 | $44,200 | $35,000 | $79,200 | $1,905 |
| 2013 | $38,000 | $15,000 | $53,000 | $2,364 |
| 2012 | $38,000 | $15,000 | $53,000 | $2,334 |
| 2011 | $52,900 | $25,000 | $77,900 | $3,108 |
| 2010 | $52,900 | $25,000 | $77,900 | $2,942 |
| 2009 | $52,900 | $25,000 | $77,900 | $2,586 |
| 2008 | $52,900 | $25,000 | $77,900 | $2,529 |
| 2007 | $52,900 | $25,000 | $77,900 | $2,390 |
Property facts
Year built
1975
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,177 sqft
Lot size
636 sqft
ZIP code
08831
City
Monroe
Street
Newport Way
Coordinates
40.32702, -74.47416
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,766
Gross rental yield
7.85%
Implied cap rate
5.10%
Trend-extrapolated value
—
Frequently asked questions
When did 348 Newport Way last sell?
348 Newport Way most recently sold on Aug 10, 2022 for $270,000.
What is the current tax assessment for 348 Newport Way?
The most recent total assessment for 348 Newport Way (year 2025) is $89,900 with $2,685 in property tax.
How does 348 Newport Way's assessment compare to its last sale price?
The current assessment is 66.7% below the last sale price of $270,000.
When was 348 Newport Way built?
348 Newport Way was built in 1975.
How does 348 Newport Way compare to others on Newport Way?
We track 8 other properties on Newport Way. Browse the list under "Other properties on Newport Way" to compare beds, baths, and sale history.
What are the property facts for 348 Newport Way?
348 Newport Way is a 2 bed, 2 bath, 1,177 sqft, 636 sqft lot condos.
Is 348 Newport Way a flip candidate?
No — 348 Newport Way does not appear in our flips dataset.
Is 348 Newport Way a tax-appeal candidate?
No — 348 Newport Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.2%
Implied 1-yr
-8.8%
2026 Q3
$489.3K
2026 Q4
$476.7K
ZIP 08831 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Newport Way