CCertihomes
487 Somerset Lane #N, Monroe, NJ 08831

$214,900

2 beds 2 baths Built 198043 days on marketActive

About this home

Charming 2-bedroom, 2-bath condo in sought-after Rossmoor, easy, low-maintenance living. This inviting home offers a spacious layout with a bright living room and a generously sized dining area perfect for entertaining and everyday comfort. Enjoy ample room throughout, creating a warm and welcoming atmosphere in every space. Located in a vibrant, amenity-rich community, residents benefit from a wide array of recreational and social offerings that make Rossmoor living truly exceptional.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$2,167/mo

Real estate (PITI + HOA + PMI)
$1,835
Principal + interest$1,384
Property tax + insurance$370
PMI / 2nd mortgage$81
Utilities
$414
Heating + cooling$70
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$127
Car insurance + maintenance$127
Other (entertainment)
$158
$2,167/mo TLC
Budget$5,000/mo
Remaining after TLC$2,833/mo
Purchase price
$214,900
Down payment
$10,745 (5%)
Loan amount
$204,155
APR
7.19%

Quick facts

Type
Condo/TH
Style
Colonial
Year built
1980
Lot size
Stories
1
Heating
Baseboard, Electric
Cooling
Central Air
Water
Public
HOA
Annual tax
$1,677
MLS #
2612761R
County
Middlesex

At a glance

Air conditioning
Dishwasher

Home features

Appliances
DishwasherGas Range/OvenMicrowaveElectric Water Heater
Interior
2 BedroomsKitchenLiving RoomBath FullBath MainDining RoomNone
Community
Outdoor Pool
Parking
None
Pool
Outdoor Pool
Kitchen
Not Eat-in Kitchen
Dining
Formal Dining Room
Flooring
Carpet, See Remarks
Roof
Asphalt
Sewer
Public Sewer
Ownership
Condominium

Lot features

Level

Neighborhood — 08831

MetricThis ZIPCountyUSA
Population41,3788,832,837299,088,112
Population Change Since199039.00%14.00%20.00%
Population Density8471,137
Male19,4314,307,827147,432,321
Female21,9474,525,010151,655,844
Never Married5,5571,965,81163,775,926
Married21,6803,647,435123,120,365
Separated1,293391,23912,639,686
Widowed4,503515,17215,467,586
Divorced1,925529,39323,075,029
Number Of House Hold17,4823,167,345111,826,380
Average House Hold Size2.302.732.60
Medial Age47.0837.1535.46
Median House Hold Income$66,482$63,392$48,276
Average House Hold Income$85,196$83,312$63,629
P C I$36,960$30,662$24,529
M D I$54,931$52,505$41,133
A T H E$62,833$61,369$50,898
S T R7.00%7.00%
W C J76.25%81.02%77.74%
(Zip) Code
8831

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 3/29/2026. Provided courtesy of COLDWELL BANKER REALTY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.