54 Monroe Ave
Montgomery Twp, NJ 08502
4 bd 2,607 sqft Built 1985 Lot 61,855 sqft single_family
Most recent sale
$776,000
Aug 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2022 | Sold | $776,000 | MLS #NJSO2001424 |
| Jun 16, 2022 | Listed | $775,000 | MLS #NJSO2001424 |
| Feb 10, 2012 | Listing removed | $530,000 | BrightMLS |
| Jul 18, 2008 | Sold | $650,000 | MLS #5308267 |
| Mar 10, 2008 | Listed | $680,000 | MLS #5308267 |
| Nov 12, 2003 | Sold | $505,000 | Public Record |
| Mar 26, 2003 | Listed | $530,000 | MLS #4196819 |
| Oct 4, 2001 | Sold | $426,000 | Public Record |
| Jan 1, 1984 | Sold | $147,000 | Public Record |
| Jan 17, 1983 | Sold | $147,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $262,200 | $220,200 | $482,400 | $16,830 |
| 2024 | $262,200 | $220,200 | $482,400 | $16,527 |
| 2023 | $262,200 | $220,200 | $482,400 | $16,512 |
| 2022 | $262,200 | $220,200 | $482,400 | $15,542 |
| 2021 | $262,200 | $220,200 | $482,400 | $15,413 |
| 2020 | $262,200 | $220,200 | $482,400 | $15,287 |
| 2019 | $262,200 | $220,200 | $482,400 | $15,186 |
| 2018 | $262,200 | $220,200 | $482,400 | $14,834 |
| 2017 | $262,200 | $220,200 | $482,400 | $14,578 |
| 2016 | $262,200 | $220,200 | $482,400 | $14,322 |
| 2015 | $262,200 | $220,200 | $482,400 | $13,994 |
| 2014 | $262,200 | $220,200 | $482,400 | $13,816 |
| 2013 | $262,200 | $220,200 | $482,400 | $13,628 |
| 2012 | $262,200 | $220,200 | $482,400 | $13,256 |
| 2011 | $262,200 | $220,200 | $482,400 | $13,010 |
| 2010 | $262,200 | $220,200 | $482,400 | $12,706 |
| 2009 | $262,200 | $220,200 | $482,400 | $12,562 |
| 2008 | $262,200 | $220,200 | $482,400 | $12,296 |
| 2007 | $262,200 | $220,200 | $482,400 | $11,842 |
Property facts
Year built
1985
Property type
single_family
Stories
—
Beds
4
Baths
—
Living area
2,607 sqft
Lot size
61,855 sqft
ZIP code
08502
City
Montgomery Twp
Street
Monroe Ave
Coordinates
40.45688, -74.61131
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,911
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value
—
Frequently asked questions
When did 54 Monroe Ave last sell?
54 Monroe Ave most recently sold on Aug 3, 2022 for $776,000.
What is the current tax assessment for 54 Monroe Ave?
The most recent total assessment for 54 Monroe Ave (year 2025) is $482,400 with $16,830 in property tax.
How does 54 Monroe Ave's assessment compare to its last sale price?
The current assessment is 37.8% below the last sale price of $776,000.
When was 54 Monroe Ave built?
54 Monroe Ave was built in 1985.
How does 54 Monroe Ave compare to others on Monroe Ave?
We track 2 other properties on Monroe Ave. Browse the list under "Other properties on Monroe Ave" to compare beds, baths, and sale history.
What are the property facts for 54 Monroe Ave?
54 Monroe Ave is a 4 bed, 2,607 sqft, 61,855 sqft lot single_family.
Is 54 Monroe Ave a flip candidate?
No — 54 Monroe Ave does not appear in our flips dataset.
Is 54 Monroe Ave a tax-appeal candidate?
No — 54 Monroe Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$716.1K
2026 Q4
$690.4K
ZIP 08502 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monroe Ave