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5 Rutland Ln

Monroe, NJ 08831

2 bd 3 ba 1,694 sqft Built 1989 condos
Most recent sale
$310,000
Jan 4, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2024 Listed $499,900 CJMLS
Jan 4, 2024 Sold $310,000 CJMLS
Nov 15, 2023 Listed $324,900 CJMLS
Apr 15, 2005 Sold $277,500 Public Record
Nov 16, 1994 Sold $158,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $116,000 $55,000 $171,000 $5,107
2024 $116,000 $55,000 $171,000 $4,569
2023 $103,000 $55,000 $158,000 $4,411
2022 $103,000 $55,000 $158,000 $4,330
2021 $103,000 $55,000 $158,000 $4,302
2020 $103,000 $55,000 $158,000 $4,313
2019 $103,000 $55,000 $158,000 $4,212
2018 $103,000 $55,000 $158,000 $4,168
2017 $103,000 $55,000 $158,000 $4,104
2016 $103,000 $55,000 $158,000 $4,040
2015 $103,000 $55,000 $158,000 $3,938
2014 $103,000 $55,000 $158,000 $3,799
2013 $99,200 $25,000 $124,200 $5,539
2012 $99,200 $25,000 $124,200 $5,468
2011 $99,200 $25,000 $124,200 $4,955
2009 $99,200 $25,000 $124,200 $4,520
2008 $99,200 $25,000 $124,200 $4,430
2007 $99,200 $25,000 $124,200 $4,210

Property facts

Year built
1989
Property type
condos
Stories
2
Beds
2
Baths
3
Living area
1,694 sqft
Lot size
ZIP code
08831
City
Monroe
Street
Rutland Ln
Coordinates
40.32239, -74.44226

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
$2,541
Gross rental yield
9.84%
Implied cap rate
6.39%
Trend-extrapolated value

Frequently asked questions

When did 5 Rutland Ln last sell?
5 Rutland Ln most recently sold on Jan 4, 2024 for $310,000.
What is the current tax assessment for 5 Rutland Ln?
The most recent total assessment for 5 Rutland Ln (year 2025) is $171,000 with $5,107 in property tax.
How does 5 Rutland Ln's assessment compare to its last sale price?
The current assessment is 44.8% below the last sale price of $310,000.
When was 5 Rutland Ln built?
5 Rutland Ln was built in 1989.
How does 5 Rutland Ln compare to others on Rutland Ln?
We track 8 other properties on Rutland Ln. Browse the list under "Other properties on Rutland Ln" to compare beds, baths, and sale history.
What are the property facts for 5 Rutland Ln?
5 Rutland Ln is a 2 bed, 3 bath, 1,694 sqft condos.
Is 5 Rutland Ln a flip candidate?
No — 5 Rutland Ln does not appear in our flips dataset.
Is 5 Rutland Ln a tax-appeal candidate?
No — 5 Rutland 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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