CCertihomes
194 Madison Lane #A, Monroe, NJ 08831

$250,000

2 beds 2 baths 1,374 sqft Built 19726 days on marketActive

About this home

GROUND Floor Massachussetts condo. Priced to SELL. GREAT location. Dated but in move-in Condition. Fast closing possible. Clean and bright with 2 nice sized bedrooms, 2 full bathrooms plus a spacious Den, a large eat-in kitchen area, Sunroom, loads of closets, laminate floors. Vacant and ready for a new owner! Enjoy all that Rossmoor has to offer...loads of amenities and even an 18 hole public golf course! Monthly maintenance fee includes: water, sewer, basic cable, snow removal, trash removal, common area maintenance, Clubhouse amenities. ***Please note: No home sale contingency accepted *** Cash or Conventional financing only. Rossmoor Condo Community for 55+. Must be owner occupied. No investors. Make an offer!

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
$2,443/mo

Real estate (PITI + HOA + PMI)
$2,150
Principal + interest$1,611
Property tax + insurance$445
PMI / 2nd mortgage$94
Utilities
$407
Heating + cooling$89
Internet + TV + phone$113
Water + sewer + garbage$58
Transportation
$127
Car insurance + maintenance$127
Other (entertainment)
$113
$2,443/mo TLC
Budget$5,000/mo
Remaining after TLC$2,557/mo
Purchase price
$250,000
Down payment
$12,500 (5%)
Loan amount
$237,500
APR
7.19%

Quick facts

Type
Condo/TH
Style
Traditional, Two Story
Year built
1972
Lot size
Stories
1
Heating
Baseboard Electric, Radiant, Central, Forced Air
Cooling
Central Air
Water
Public
HOA
Annual tax
$1,964
MLS #
2618135R
County
Middlesex

At a glance

Air conditioning
Basement
Dishwasher

Home features

Appliances
Self Cleaning OvenDishwasherDryerElectric Range/OvenExhaust FanRefrigeratorRangeOvenWasherKitchen Exhaust FanElectric Water Heater
Interior
Entrance Foyer2 BedroomsKitchenLaundry RoomLiving RoomBath FullBath MainDenDining RoomFlorida RoomNone
Exterior
Lawn SprinklersSidewalk
Community
Art/Craft FacilitiesBilliard RoomClubhouseNurse on PremiseCommunity RoomOutdoor PoolFitness CenterGatedGolf 18 HoleSecurity PatrolJog/Bike PathTennis Court(s)Sidewalks
Parking
Detached CarportNoneOn StreetOpenUnassigned
Pool
Outdoor PoolIn Ground
Kitchen
Kitchen Exhaust FanCountry KitchenSeparate Dining Area
Dining
Dining L
Master bedroom
1st FloorFull Bath
Accessibility
Stall Shower
Security
Security GateSecurity Guard
Flooring
Ceramic Tile, Laminate
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.

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 7/8/2026. Provided courtesy of WINDING RIVER REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

194 Madison Lane #A · Monroe — $250,000 · Certihomes