Closed$395,000
TLC ≈ $3,208/mo
2 2 1,462 sqft
723 Mount Vernon Road #A, Monroe, NJ 08831
417 Melrose Way, Monroe, NJ 08831
$575,000
2 beds 2 baths — Built 20041 days on marketActive
About this home
Resort style living in one of Monroe Township's most sought-after 55+ communities. Nestled in a lush, gated community this lovely home offers the perfect blend of peaceful surroundings and a connected lifestyle. Monroe is known for its open landscapes and historic rural character with many community facilities. This Beethoven model sits on a desirable corner lot, offering generous natural light in a well-designed one level layout This home features a formal dining room, formal living room, an eat-in kitchen, a spacious family room, a primary bedroom suite with its own bathroom with 2 large closets, a second bedroom, a second bathroom and a 2-car attached garage. The stunning clubhouse and grounds are the heart of Encore featuring indoor and outdoor pools, a fitness center, card and game rooms, pickleball, tennis and bocce courts, a putting green and a grand ballroom. Residents enjoy a full social calendar, the clubs, committees, entertainment and events.
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
$5,431/mo
- Real estate (PITI + HOA + PMI)
- $5,176
- Utilities
- $530
- Transportation
- $127
- Other (entertainment)
- $158
Principal + interest$3,704
Property tax + insurance$1,256
PMI / 2nd mortgage$216
Heating + cooling$128
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$127
Budget$5,931/mo
Remaining after TLC$500/mo
Purchase price
$575,000
Down payment
$28,750 (5%)
Loan amount
$546,250
APR
7.19%
Quick facts
Type
Single Family Residence
Style
Colonial
Year built
2004
Lot size
—
Stories
1
Heating
Forced Air
Cooling
Central Air
Water
Public
HOA
—
Annual tax
$7,691
MLS #
2700411R
County
Middlesex
At a glance
Air conditioning
Basement
Pool
Garage (2)
Dishwasher
Home features
Appliances
DishwasherDryerGas Range/OvenMicrowaveRefrigeratorWasherGas Water Heater
Interior
BlindsCathedral Ceiling(s)FirealarmEntrance Foyer2 BedroomsKitchenLaundry RoomLiving RoomBath MainBath SecondDining RoomFamily RoomNone
Exterior
Sidewalk
Community
Kitchen FacilitiesBilliard RoomBocceClubhouseOutdoor PoolFitness CenterGame RoomGatedIndoor PoolTennis Court(s)Sidewalks
Parking
2 Car WidthGarageAttachedDriveway
Pool
Outdoor PoolIndoor
Kitchen
Granite/Corian CountertopsPantryEat-in Kitchen
Dining
Living Dining ComboFormal Dining Room
Master bedroom
1st FloorTwo SinksFull BathWalk-In Closet(s)
Accessibility
Shower SeatWide Doorways
Security
Fire Alarm
Flooring
Carpet, Ceramic Tile, Wood
Roof
Asphalt
Sewer
Public Sewer
Ownership
Condominium, Fee Simple
Lot features
Corner Lot
Neighborhood — 08831
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 41,378 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 39.00% | 14.00% | 20.00% |
| Population Density | 847 | 1,137 | — |
| Male | 19,431 | 4,307,827 | 147,432,321 |
| Female | 21,947 | 4,525,010 | 151,655,844 |
| Never Married | 5,557 | 1,965,811 | 63,775,926 |
| Married | 21,680 | 3,647,435 | 123,120,365 |
| Separated | 1,293 | 391,239 | 12,639,686 |
| Widowed | 4,503 | 515,172 | 15,467,586 |
| Divorced | 1,925 | 529,393 | 23,075,029 |
| Number Of House Hold | 17,482 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.30 | 2.73 | 2.60 |
| Medial Age | 47.08 | 37.15 | 35.46 |
| 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 R | 7.00% | 7.00% | — |
| W C J | 76.25% | 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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Listing information last refreshed 7/8/2026. Provided courtesy of RE/MAX PREFERRED PROFESSIONALS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.