518 Tavern Rd Monroe, NJ 08831
Estimated payment $3,186/month
Highlights
- Fitness Center
- Heated In Ground Pool
- Granite Countertops
- Oak Tree Elementary School Rated A
- Clubhouse
- Ceiling height of 9 feet on the main level
About This Home
Modern East facing 2 bed, 2 full bath FIRST FLOOR condo with a living room, dining room, upgraded kitchen, and an in unit washer and dryer in the very desirable Monroe Parke. This fantastic home has beautiful luxury vinyl flooring, upgraded eat-in-kitchen with stainless steel appliances, shaker style cabinets, and granite countertops, and is freshly painted and tastefully decorated. Monroe Parke offers resort-style amenities including a state-of-the-art fitness center, clubhouse with a heated pool, and a tot lot. Conveniently located close to shopping, restaurants, and express bus to NYC from Route 9. Excellent Monroe Schools Must see!
Listing Agent
Keller Williams Realty West Monmouth License #0563235 Listed on: 06/21/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,259
Year Built
- Built in 2019
HOA Fees
- $316 Monthly HOA Fees
Home Design
- Shingle Roof
Interior Spaces
- 1,306 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet on the main level
- Recessed Lighting
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Parking
- Visitor Parking
- Assigned Parking
Outdoor Features
- Heated In Ground Pool
- Patio
Location
- Lower Level
Schools
- Monroe Twp High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 12-00054-0000-00004-0000-C518
Community Details
Overview
- Front Yard Maintenance
- Association fees include trash, common area, exterior maint, lawn maintenance, pool, snow removal
- Monroe Parke Subdivision
- On-Site Maintenance
Amenities
- Common Area
- Clubhouse
Recreation
- Community Playground
- Fitness Center
- Community Pool
- Snow Removal
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,259 | $260,100 | $160,000 | $100,100 |
| 2024 | $7,007 | $260,100 | $160,000 | $100,100 |
| 2023 | $7,007 | $260,100 | $160,000 | $100,100 |
| 2022 | $6,898 | $260,100 | $160,000 | $100,100 |
| 2021 | $5,142 | $260,100 | $160,000 | $100,100 |
| 2020 | $6,861 | $260,100 | $160,000 | $100,100 |
| 2019 | $1,032 | $40,000 | $40,000 | $0 |
| 2018 | $1,024 | $40,000 | $40,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 06/21/2025 06/21/25 | For Sale | $429,000 | +26.9% | $328 / Sq Ft |
| 02/19/2021 02/19/21 | Sold | $338,000 | 0.0% | $261 / Sq Ft |
| 01/20/2021 01/20/21 | Pending | -- | -- | -- |
| 12/10/2020 12/10/20 | For Sale | $338,000 | +7.6% | $261 / Sq Ft |
| 11/01/2019 11/01/19 | Sold | $314,000 | -- | $243 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Lennar Title | |
| Deed | -- | Lennar Title | |
| Deed | -- | Lennar Title | |
| Deed | -- | -- | |
| Special Master Deed | -- | Calatlantic Title | |
| Special Master Deed | -- | Butler Michael R | |
| Deed | $338,000 | Land Title | |
| Deed | $338,000 | Monarch Title Agency Inc | |
| Deed | $314,000 | Calatlantic Title Northern |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $304,200 | New Conventional | |
| Previous Owner | $304,200 | New Conventional | |
| Previous Owner | $251,200 | New Conventional |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22518395
APN: 12-00054-0000-00004-0000-C518
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