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3B Thomas Paine Dr

Monroe, NJ 08831

2 bd 2 ba 1,404 sqft Built 1983 Lot 5,445 sqft condos
Most recent sale
$417,500
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $417,500 Public Record
Oct 7, 2022 Sold $417,500 MLS #2350023M
Aug 3, 2022 Price changed $419,900 MLS #2350023M
Jul 18, 2022 Price changed $439,900 MLS #2350023M
Jul 9, 2022 Listed $449,000 MLS #2350023M
Apr 22, 2022 Sold $315,000 MLS #2251180M
Mar 22, 2022 Listed $318,000 MLS #2251180M
Dec 18, 2007 Sold $185,000 Public Record
Nov 14, 1986 Sold $120,728 Public Record
Oct 1, 1983 Sold $88,206 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $98,400 $50,000 $148,400 $4,313
2024 $98,400 $50,000 $148,400 $4,171
2023 $98,400 $50,000 $148,400 $4,026
2022 $75,600 $50,000 $125,600 $3,349
2021 $75,600 $50,000 $125,600 $3,330
2020 $75,600 $50,000 $125,600 $3,338
2019 $75,600 $50,000 $125,600 $3,263
2018 $75,600 $50,000 $125,600 $3,237
2017 $75,600 $50,000 $125,600 $3,187
2016 $75,600 $50,000 $125,600 $3,140
2015 $75,600 $50,000 $125,600 $3,064
2014 $75,600 $50,000 $125,600 $2,961
2013 $37,000 $30,000 $67,000 $2,935
2012 $37,000 $30,000 $67,000 $2,913
2011 $37,000 $30,000 $67,000 $2,617
2010 $92,400 $35,900 $128,300 $4,743
2009 $92,400 $35,900 $128,300 $4,581
2008 $92,400 $35,900 $128,300 $4,484
2007 $92,400 $35,900 $128,300 $4,233

Property facts

Year built
1983
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,404 sqft
Lot size
5,445 sqft
ZIP code
08831
City
Monroe
Street
Thomas Paine Dr
Coordinates
40.31765, -74.44814

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
$2,106
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 3B Thomas Paine Dr last sell?
3B Thomas Paine Dr most recently sold on Oct 13, 2022 for $417,500.
What is the current tax assessment for 3B Thomas Paine Dr?
The most recent total assessment for 3B Thomas Paine Dr (year 2025) is $148,400 with $4,313 in property tax.
How does 3B Thomas Paine Dr's assessment compare to its last sale price?
The current assessment is 64.5% below the last sale price of $417,500.
When was 3B Thomas Paine Dr built?
3B Thomas Paine Dr was built in 1983.
How does 3B Thomas Paine Dr compare to others on Thomas Paine Dr?
We track 8 other properties on Thomas Paine Dr. Browse the list under "Other properties on Thomas Paine Dr" to compare beds, baths, and sale history.
What are the property facts for 3B Thomas Paine Dr?
3B Thomas Paine Dr is a 2 bed, 2 bath, 1,404 sqft, 5,445 sqft lot condos.
Is 3B Thomas Paine Dr a flip candidate?
Yes — 3B Thomas Paine Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3B Thomas Paine Dr a tax-appeal candidate?
No — 3B Thomas Paine Dr 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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