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538C Sutton Way

Monroe, NJ 08831

2 bd 2 ba 1,410 sqft Built 1982 Lot 610 sqft condos
Most recent sale
$250,000
Mar 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2023 Sold $254,900 AllJerseyMLS
Mar 7, 2023 Listed $254,900 AllJerseyMLS
Mar 24, 2022 Sold $250,000 MLS #2208361R
Feb 18, 2022 Relisted $249,000 MLS #2208361R
Jan 13, 2022 Listed $249,000 MLS #2208361R

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $50,700 $25,000 $75,700 $2,061
2020 $50,700 $25,000 $75,700 $2,067
2019 $50,700 $25,000 $75,700 $2,018
2018 $50,700 $25,000 $75,700 $1,997
2017 $50,700 $25,000 $75,700 $1,967
2016 $50,700 $25,000 $75,700 $1,936
2015 $50,700 $25,000 $75,700 $1,887
2014 $50,700 $25,000 $75,700 $1,821
2013 $49,000 $15,000 $64,000 $2,854
2012 $49,000 $15,000 $64,000 $2,818
2011 $63,000 $25,000 $88,000 $3,511
2010 $63,000 $25,000 $88,000 $3,323
2009 $63,000 $25,000 $88,000 $3,203
2008 $63,000 $25,000 $88,000 $3,139

Property facts

Year built
1982
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,410 sqft
Lot size
610 sqft
ZIP code
08831
City
Monroe
Street
Sutton Way
Coordinates
40.32993, -74.47566

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
$2,115
Gross rental yield
10.15%
Implied cap rate
6.60%
Trend-extrapolated value

Frequently asked questions

When did 538C Sutton Way last sell?
538C Sutton Way most recently sold on Mar 24, 2022 for $250,000.
What is the current tax assessment for 538C Sutton Way?
The most recent total assessment for 538C Sutton Way (year 2021) is $75,700 with $2,061 in property tax.
How does 538C Sutton Way's assessment compare to its last sale price?
The current assessment is 69.7% below the last sale price of $250,000.
When was 538C Sutton Way built?
538C Sutton Way was built in 1982.
How does 538C Sutton Way compare to others on Sutton Way?
We track 8 other properties on Sutton Way. Browse the list under "Other properties on Sutton Way" to compare beds, baths, and sale history.
What are the property facts for 538C Sutton Way?
538C Sutton Way is a 2 bed, 2 bath, 1,410 sqft, 610 sqft lot condos.
Is 538C Sutton Way a flip candidate?
No — 538C Sutton Way does not appear in our flips dataset.
Is 538C Sutton Way a tax-appeal candidate?
No — 538C Sutton Way 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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