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751A Velaris Plz

Monroe, NJ 08831

2 bd 2 ba 1,078 sqft Built 1984 Lot 2,178 sqft single_family
Most recent sale
$320,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $320,000 MLS #22222244
Jul 15, 2022 Listed $310,000 MLS #22222244

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $70,200 $30,000 $100,200 $2,912
2024 $70,200 $30,000 $100,200 $2,816
2023 $70,200 $30,000 $100,200 $2,718
2022 $70,200 $30,000 $100,200 $2,672
2021 $70,200 $30,000 $100,200 $2,656
2020 $70,200 $30,000 $100,200 $2,663
2019 $70,200 $30,000 $100,200 $2,603
2018 $70,200 $30,000 $100,200 $2,583
2017 $70,200 $30,000 $100,200 $2,543
2016 $70,200 $30,000 $100,200 $2,505
2015 $70,200 $30,000 $100,200 $2,444
2014 $70,200 $30,000 $100,200 $2,362
2013 $42,000 $20,000 $62,000 $2,716
2012 $42,000 $20,000 $62,000 $2,695
2011 $78,400 $30,000 $108,400 $4,234
2009 $78,400 $30,000 $108,400 $3,870
2008 $78,400 $30,000 $108,400 $3,788
2007 $78,400 $30,000 $108,400 $3,577

Property facts

Year built
1984
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,078 sqft
Lot size
2,178 sqft
ZIP code
08831
City
Monroe
Street
Velaris Plz
Coordinates
40.30861, -74.46029

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
$1,617
Gross rental yield
6.06%
Implied cap rate
3.94%
Trend-extrapolated value

Frequently asked questions

When did 751A Velaris Plz last sell?
751A Velaris Plz most recently sold on Aug 24, 2022 for $320,000.
What is the current tax assessment for 751A Velaris Plz?
The most recent total assessment for 751A Velaris Plz (year 2025) is $100,200 with $2,912 in property tax.
How does 751A Velaris Plz's assessment compare to its last sale price?
The current assessment is 68.7% below the last sale price of $320,000.
When was 751A Velaris Plz built?
751A Velaris Plz was built in 1984.
How does 751A Velaris Plz compare to others on Velaris Plz?
We track 4 other properties on Velaris Plz. Browse the list under "Other properties on Velaris Plz" to compare beds, baths, and sale history.
What are the property facts for 751A Velaris Plz?
751A Velaris Plz is a 2 bed, 2 bath, 1,078 sqft, 2,178 sqft lot single_family.
Is 751A Velaris Plz a flip candidate?
No — 751A Velaris Plz does not appear in our flips dataset.
Is 751A Velaris Plz a tax-appeal candidate?
No — 751A Velaris Plz 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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