55+ Community Ranch Duplex
564A Old Nassau Road Monroe, NJ 08831
For Sale
$359,000
DUPLEX - Ranch - Monroe, NJ
Property Size1,462 SF
Lot Size0.06 Acres
Price / SF$245.55
Days on Market47
Property Features for 564A Old Nassau Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
- Parking
- 1
- Parking features
- On Street, Driveway
- Security features
- Security
- Window features
- Insulated Windows
- Pets allowed
- Dogs OK, Cats OK
- Interior features
- Attic
- Exterior features
- Controlled Access, Swimming, Lighting, Tennis Court(s)
- Standard status
- Active
- APN
- 12-00056-0000-00077-0000-C564A
- Size
- 1,462 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3426
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Zoned, Baseboard
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1982
- Floors in Building
- 1
- Roof type
- Shingle
- Architectural style
- Ranch
Listing Agency:
RE/MAX Our Town
(732) 419-9300
Listed By:
Colin Chang · License #1111722
(732) 419-9300
Added: Jun 8
Changed: Jul 15
Last Checked: Jul 24 at 4:06AM
MLS# 22617245
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Well maintained Virginia 2 ranch duplex in a desirable 55+ adult community, offering approximately 1,500 square feet of living space with two spacious bedrooms and two full baths. The home includes an eat-in kitchen, an enclosed sun room, and an attached one-car garage. Recent updates include a newer central A/C system and a brand new roof.
Low-maintenance living is supported by HOA fees that include exterior maintenance, snow removal, water, sewer, trash collection, cable TV, parking, clubhouse access, a fitness center, and community pool. The community is gated and is positioned conveniently near shopping, dining, major roadways, and transportation in Monroe, New Jersey.
Low-maintenance living is supported by HOA fees that include exterior maintenance, snow removal, water, sewer, trash collection, cable TV, parking, clubhouse access, a fitness center, and community pool. The community is gated and is positioned conveniently near shopping, dining, major roadways, and transportation in Monroe, New Jersey.
Key Highlights
- 55+ adult community home in Rossmoor (Monroe, NJ) with gated/controlled‑access setting
- Approximately 1,500 sq ft ranch‑style home with 2 bedrooms and 2 full baths
- Enclosed sun room plus eat‑in kitchen
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $25.56 |
| − Vacancy | −$2.4k | −$1.65 |
| EGI | $35.0k | $23.91 |
| − OpEx | −$10.5k | −$7.17 |
| NOI | $24.5k | $16.74 |
1,462 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$349.5K
$305.9K – $407.8K
NOI $24,468 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$321.2K
$281.0K – $374.7K
NOI $22,483 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$381.8K
$334.0K – $445.4K
NOI $26,723 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Ranch duplex with two bedrooms, two full baths, enclosed sun room, and attached one-car garage within a 55+ gated community.
Where is this duplex located?
The property is located at 564A Old Nassau Road Monroe, NJ.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: 55+ adult community home in Rossmoor (Monroe, NJ) with gated/controlled‑access setting; Approximately 1,500 sq ft ranch‑style home with 2 bedrooms and 2 full baths; Enclosed sun room plus eat‑in kitchen
