NOT LISTED FOR SALE

1521 Paxton Ln Monroe, NJ 08831

Estimated Value: $671,000 - $723,000

3 Beds
3.5 Baths
2,222 Sq Ft
$316/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $685,000 $308 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,875/month

6 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • 1 Car Attached Garage
  • Oak Tree Elementary School Rated A
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of May 2024

Welcome home! West Facing Monroe Parke Townhome. This home includes 3 bedrooms and 3.5 baths. As you enter this home you are greeted by walnut engineered wood, recessed lighting, gas fireplace and open concept feel. Large Kitchen with Moca Cabinets, granite counters, and SS appliances. Off the kitchen is a deck to enjoy outside. Second floor has 3 bedrooms. Master room is equip with tray ceilings, on-suite bathroom and glass shower doors. The other 2 bedrooms are spacious with large closet space and share a full bathroom. The basement includes full bathroom , storage closet, and open space with slider to outside. 1 car garage and private driveway for parking. Clubhouse which features gym, office space, pool, game room and lounge.

Last Agent to Sell the Property

Joe Colella

EXP REALTY, LLC Listed on: 03/13/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,884

Year Built

  • Built in 2020

Lot Details

  • 1,045

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Open Parking

Interior Spaces

  • 2,222 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Finished Basement
  • Finished Basement Bathroom
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Townes/Monroe Park Ph 15 Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,884

Year Built

Built in 2020

Lot Details

0

HOA Fees

$295 per month

Parking

1

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential
  • Lot Size: 0.00 x 0.00
  • Ownership: Condominium
  • Subdivision Name: Townes/Monroe Park Ph 15
  • Architectural Style: Townhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Kitchen Island, Eat-in Kitchen
  • Room Living Room Area: 187
  • Room Kitchen Area: 140
  • Room Dining Room Area: 156
  • Room Family Room Area: 380
  • Appliances: See Remarks, Gas Water Heater
  • Accessibility Features: Stall Shower
  • Has Basement: Finished, Bath Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Kitchen, Laundry Room, Bath Half, Living Room, Dining Room, Family Room, 3 Bedrooms, Attic, Bath Main, Bath Second, None
  • Living Area: 2222
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks
  • Roof: See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Car Width, Garage, Attached

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 295
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning: VC-1

Tax Info

  • Tax Annual Amount: 9884
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2025
Sold by
El At Monroe Llc
Bought by
Monroe Parke Condominium Association
Current Estimated Value
$702,009

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 31, 2024
Sold by
Nagpal Deepanshu and Nagpal Elizabeth
Bought by
Mudireddy Venkata and Ala Kalyani
Seller's Agent
Joe Colella
EXP REALTY, LLC
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$548,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 17, 2024
Sold by
Nagpal Deepanshu and Nagpal Elizabeth
Bought by
Mudireddy Venkata and Ala Kalyani
Seller's Agent
Joe Colella
EXP REALTY, LLC
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2023
Sold by
El At Monroe Llc
Bought by
Monroe Parke Condominium Assn

Purchase Details

Listed on
Jun 24, 2022
Closed on
Oct 14, 2022
Sold by
Potter Timothy and Potter Roberto
Bought by
Nagpal Deepanshu and Nagpal Elizabeth
Seller's Agent
Travis Coto
Weichert Realtors - Princeton
Buyer's Agent
Travis Coto
Weichert Realtors - Princeton
List Price
$689,000
Sold Price
$575,000
Premium/Discount to List
-$114,000
-16.55%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$431,250
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2022
Closed on
Sep 8, 2022
Sold by
El At Monroe Llc
Bought by
Monroe Parke Condominium Association
Seller's Agent
Travis Coto
Weichert Realtors - Princeton
Buyer's Agent
Travis Coto
Weichert Realtors - Princeton
List Price
$689,000
Sold Price
$575,000
Premium/Discount to List
-$114,000
-16.55%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2022
Sold by
El At Monroe Llc
Bought by
Monroe Parke Condominium

Purchase Details

Closed on
Jul 30, 2020
Sold by
El At Monroe Llc
Bought by
Potter Timothy and Centeno Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,650
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Monroe Parke Condominium Association -- Lennar Title
Monroe Parke Condominium Association -- Lennar Title
Mudireddy Venkata $685,000 Simplicity Title
Mudireddy Venkata $685,000 Simplicity Title
Monroe Parke Condominium Assn -- Lennar Title
Nagpal Deepanshu $575,000 --
Nagpal Deepanshu $575,000 None Listed On Document
Monroe Parke Condominium Association -- --
Monroe Parke Condominium -- Calatlantic Title
Potter Timothy $489,000 Pts
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mudireddy Venkata $548,000
Previous Owner Mudireddy Venkata $548,000
Previous Owner Nagpal Deepanshu $431,250
Previous Owner Potter Timothy $415,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $685,000 +5.4% $308 / Sq Ft
03/13/2024 03/13/24 For Sale $650,000 +13.0% $293 / Sq Ft
10/14/2022 10/14/22 Sold $575,000 -2.5% $259 / Sq Ft View Prior Sale
08/30/2022 08/30/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $589,900 -5.6% $265 / Sq Ft
08/08/2022 08/08/22 Price Changed $625,000 -3.8% $281 / Sq Ft
07/19/2022 07/19/22 Price Changed $649,990 -5.7% $293 / Sq Ft
06/24/2022 06/24/22 For Sale $689,000 -- $310 / Sq Ft
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,430 $373,700 $180,000 $193,700
2024 $10,067 $373,700 $180,000 $193,700
2023 $10,067 $373,700 $180,000 $193,700
2022 $9,884 $372,700 $180,000 $192,700
2021 $7,368 $372,700 $180,000 $192,700
2020 $1,319 $50,000 $50,000 $0
2019 $1,291 $50,000 $50,000 $0
2018 $1,281 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2409180R

All Jersey MLS

APN: 12-00054-0000-00004-0000-C1521