CCertihomes
194 Madison Lane #N, Monroe, NJ 08831

$265,000

2 beds 2 baths 1,486 sqft Built 19720 days on marketActive

About this home

Monroe's sought after 55+ Rossmoor Community offers this well cared for 2 Bed 2 Bath home with 2 Bedrooms & 2 Full Bathrooms.Move-in-ready & waiting for you! Foyer entry welcomes you into a spacious and bright Living Room. A dining area provides the perfect area flowing into the sun room. guests. 1 assigned covered carport space included. Enjoy the gated Rossmoor Village that includes Clubhouse gatherings, Swimming, Golf, the Gym, on premise 24 hr nurse, security & many other amenities! Closing on or after September 3rd. Appliances in As-Is Condition-No known issues. Welcome Home!

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
$2,639/mo

Real estate (PITI + HOA + PMI)
$2,251
Principal + interest$1,707
Property tax + insurance$445
PMI / 2nd mortgage$99
Utilities
$512
Heating + cooling$94
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$127
Car insurance + maintenance$127
Other (entertainment)
$158
$2,639/mo TLC
Budget$5,000/mo
Remaining after TLC$2,361/mo
Purchase price
$265,000
Down payment
$13,250 (5%)
Loan amount
$251,750
APR
7.19%

Quick facts

Type
Condo/TH
Style
Middle Unit, Two Story
Year built
1972
Lot size
0.0245 ac
Stories
1
Heating
Baseboard, Radiant
Cooling
Central Air
Water
Public
HOA
Annual tax
$1,759
MLS #
2700496R
County
Middlesex

At a glance

Air conditioning
Pool
Garage (1)
Dishwasher

Home features

Appliances
DishwasherDryerElectric Range/OvenMicrowaveRangeWasherElectric Water Heater
Interior
None2 BedroomsKitchenLiving RoomBath FullBath MainDining RoomAttic
Exterior
Sidewalk
Community
Art/Craft FacilitiesBilliard RoomBocceClubhouseNurse 24 HoursNurse on PremiseOutdoor PoolFitness CenterGatedGolf 18 HoleGolf 9 HoleShuffle BoardTennis Court(s)Sidewalks
Parking
GarageDetachedAssignedCovered
Pool
Outdoor PoolPrivate
Kitchen
Granite/Corian Countertops
Dining
Living Dining Combo
Flooring
Ceramic Tile, Wood
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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Central Jersey Multiple Listing System, INC

Listing information last refreshed 7/9/2026. Provided courtesy of EXP REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.