RENTED OCT 24, 2025

518 Tavern Rd Monroe, NJ 08831

2 Beds
2 Baths
1,306 Sq Ft
2019 Built

Last Sold September 23, 2025

Last sale price $435,000 $333 Per Sq Ft

Highlights

  • Private Pool
  • Clubhouse
  • Ground Level Unit
  • Oak Tree Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of October 2025

Modern East-facing first-floor condo featuring 2 bedrooms and 2 full baths in the highly sought-after Monroe Park community. This beautiful home offers a spacious living and dining area, an upgraded eat-in kitchen with stainless steel appliances, shaker-style cabinets, granite countertops, and in-unit washer and dryer. The condo is freshly painted, tastefully decorated, and boasts luxury vinyl flooring throughout. Enjoy resort-style amenities including a state-of-the-art fitness center, clubhouse with heated pool, and tot lot. Conveniently located near shopping, restaurants, and the express bus to NYC from Route 9. Excellent Monroe Schools a must-see home!

Last Agent to Rent the Property

ADEWALE ADEDIRAN

KELLER WILLIAMS ELITE REALTORS Listed on: 10/17/2025

KELLER WILLIAMS ELITE REALTORS

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019

Parking

  • Open Parking

Interior Spaces

  • 1,306 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Formal Dining Room
  • Storage
  • Washer and Dryer
  • Utility Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Private Pool
  • Ground Level Unit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, hot water, water

Community Details

Overview

  • Association fees include sewer, trash, ground maintenance
  • Monroe Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water, Water

Listing Details

  • Property Sub Type: Townhouse,Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Monroe
  • Architectural Style: Remarks, Townhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Ground Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Structure Type: Townhouse
  • Year Built: 2019
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Bedroom/Bathroom Features: Stall Shower, Two Sinks
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Kitchen Features: Granite/Corian Countertops, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Stove/Oven, Microwave Oven, Washer/Dryer, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Living Room, Bath Full, Storage, Dining Room, Family Room, Utility Room, None
  • Living Area: 1306
  • Stories: 1

Exterior Features

  • Pool Features: None, Outdoor Pool

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open

Utilities

  • Gas Company: Natural Gas
  • Security: Smoke Detector(s), Security System
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Room, Outdoor Pool
  • Senior Community: No
  • HOA Rent Includes: See Remarks
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Sewer, Trash, Maintenance Grounds

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 Rented $2,800 0.0% --
10/17/2025 10/17/25 For Rent $2,800 0.0% --
09/23/2025 09/23/25 Sold $435,000 +1.4% $333 / Sq Ft View Prior Sale
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 View Prior Sale
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 View Prior Sale
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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2606078R

All Jersey MLS