NOT LISTED FOR SALE

638 Marion Ln Monroe Township, NJ 08831

Estimated Value: $448,098 - $483,000

2 Beds
2 Baths
1,306 Sq Ft
479 Sq Ft Lot

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Laundry Room
  • Oak Tree Elementary School Rated A
  • Granite Countertops
  • Forced Air Heating System

About This Home

As of August 2023

Amazing opportunity to rent in the biggest top floor premier New 2 Bed 2 Bath condo with elevator located at the Lofts at Monroe Parke, in the heart of Monroe Township. Built in 2020. The unit is brightly lit and has beautiful views from the large private balcony. The spacious model boasts an open floor plan with sliding glass doors leading to the patio for outdoor entertaining & relaxation. Two spacious bedrooms, the owners suite with a spa-inspired bathroom & full closet. Kitchen features GE Stainless steel appliances, full overlay shaker cabinets, & quartz counter tops. High efficiency heat, hot water and air. Washer & dryer in unit. Enjoy all the highly sought after amenities-clubhouse, heated pool, fitness center, billiard room, business center as well as playground. Great amenities in this community include a tot lot and a state of the art clubhouse with heated pool and fitness center. Proximity to high ranking Monroe schools and retail shopping. Conveniently located minutes away from Route 33 and the New Jersey Turnpike. Do NOT miss out on an excellent opportunity to own in this thriving community! No Pets & No Smoking.

Last Agent to Rent the Property

Anitha Shaik

KELLER WILLIAMS PREMIER Listed on: 07/08/2023

KELLER WILLIAMS PREMIER

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,042

Year Built

  • Built in 2020

Lot Details

  • 479

Home Design

  • Colonial Architecture
  • Contemporary Architecture

Interior Spaces

  • 1,306 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Tenant pays for repairs, all utilities, electricity, sewer, gas, water

Community Details

Overview

  • Association fees include maintenance fee
  • Monroe Parke Condo Ph 6 Subdivision
  • The community has rules related to vehicle restrictions

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,042

Year Built

Built in 2020

Lot Details

0

Rental Info

  • Lease Term: 12 Months,2(+) Year Lease
  • Tenant Pays: Repairs, All Utilities, Electricity, Sewer, Gas, Water

Listing Details

  • Property Sub Type: Condo/TH
  • Prop. Type: Residential Lease
  • Lot Size: 0.00 x 0.00
  • Subdivision Name: Monroe Parke Condo Ph 6
  • Architectural Style: Colonial, Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 3rd Floor
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2020
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Exhaust Fan, Pantry
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: 2 Bedrooms, Kitchen, Laundry Room, Living Room, Bath Full, Bath Main, Dining Room, None
  • Living Area: 1306
  • Stories: 1

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Maintenance Fee
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: No

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
$461,775

Purchase Details

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

Purchase Details

Listed on
Jul 8, 2023
Closed on
Jun 21, 2023
Sold by
Sundar Ram and Karanam Veerabhadra Rao
Bought by
Indukuri Chaitanya Tapaswi and Indukuri Lakshmi Sandhya
Seller's Agent
Anitha Shaik
KELLER WILLIAMS PREMIER
Sold Price
$2,900
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2022
Sold by
El At Monroe Llc
Bought by
Monroe Parke Condominium Association

Purchase Details

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

Purchase Details

Closed on
Nov 25, 2020
Sold by
El At Monroe Llc
Bought by
Sundar Ram and Karanam Veerabhadra Rao

Purchase Details

Closed on
Nov 23, 2020
Sold by
El At Monroe Llc
Bought by
Sundar Ram and Karanam Veerabhadra Rao
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Monroe Parke Condominium Assn -- Lennar Title
Indukuri Chaitanya Tapaswi $415,000 Title Trust
Indukuri Chaitanya Tapaswi $415,000 Title Trust
Monroe Parke Condominium Association -- --
Monroe Parke Condominium -- Calatlantic Title
Sundar Ram $339,990 Title Agency
Sundar Ram $339,990 North East Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Indukuri Chaitanya Tapaswi $311,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Rented $2,900 +1.8% --
07/15/2023 07/15/23 Price Changed $2,850 -5.0% $2 / Sq Ft
07/08/2023 07/08/23 For Rent $3,000 +25.0% --
05/09/2022 05/09/22 Rented $2,400 0.0% --
01/01/2022 01/01/22 For Rent $2,400 +5.5% --
02/28/2021 02/28/21 Rented -- -- --
01/29/2021 01/29/21 Under Contract -- -- --
11/27/2020 11/27/20 For Rent $2,275 -- --
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 $7,042 $252,300 $160,000 $92,300
2024 $6,797 $252,300 $160,000 $92,300
2023 $6,797 $252,300 $160,000 $92,300
2022 $6,691 $252,300 $160,000 $92,300
2021 $790 $40,000 $40,000 $0
2020 $1,055 $40,000 $40,000 $0
2019 $1,032 $40,000 $40,000 $0
2018 $1,024 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2023

    Anitha Shaik

    KELLER WILLIAMS PREMIER

    (609) 297-7786

    2 in this area

    115 Total Sales

    Anitha Shaik
    Section Image

  • S

    Seller's Agent in 2022

    Swarna Venkatesan

    NEW AND MODERN GROUP LLC

    (732) 266-9027

    4 in this area

    15 Total Sales

    Swarna Venkatesan
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2400272R

All Jersey MLS

APN: 12-00054-0000-00004-0000-C638

New Jersey Middlesex County Monroe Township 08831

638 Marion Ln, Monroe Township, NJ

This home is located at 638 Marion Ln, Monroe Township, NJ 08831 since 08 July 2023 and is currently priced at $461,775. This property was built in 2020. 638 Marion Ln is a home located in Middlesex County with nearby schools including Oak Tree Elementary School, Monroe Township Middle School, and Monroe Township High School.

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