What is the assessed value of 138 Monmouth Rd, Ocean Twp, NJ?

The total municipal assessment is $1,020,000 (land plus improvements).

What is 138 Monmouth Rd, Ocean Twp, NJ worth?

Our model estimates a market value of $1,162,738, derived from comparable recorded sales nearby.

How many units does 138 Monmouth Rd, Ocean Twp, NJ have?

Records show 2 dwelling units at 138 Monmouth Rd, Ocean Twp, NJ.

What kind of property is 138 Monmouth Rd, Ocean Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1934.

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138 Monmouth Rd, Ocean Twp, NJ — owner, sales, deeds · parceldata

138 Monmouth Rd

Ocean Twp, NJ·Monmouth County

1337·block 25.15·lot 36

$1,162,738estimated value

Units

from MOD-IV (2-char max)

Last sale

12/4/2024 · taxrecords_nj

34 other properties share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1934

Building size

4,524 sq ft

Lot size

0.00 ac

Land description

109X185 IRR

Building description

2S-S-L-DG

Dwelling / commercial units

2 dw / 0 comm

Tax & Assessment

Net assessed value

$1,020,000

Land value

$795,300

Improvement value

$224,700

Last year's tax

$12,850

Last MOD-IV sale

$700,000

MOD-IV deed date

9/29/2022

Owner mailing address

3 CENTRE DRIVE
MONROE, NJ 08831

Estimated market value

$1,162,738

range $1,097,413 – $1,250,211

high confidence

Assessment-implied: $1,082,228; Director's Ratio 0.9425 (2025)
Comp-implied: $1,872,680; 30 comparable sales

Estimated value, last 11 years

2016: $581,369 → 2026: $1,162,738

dots are actual sale prices for this property

Based on 30 comparable sales

Address	Sold	Price

Bordering

200-ft notice list →

167 Harnell Ave
Lot 25·$1,197,500
171 Oakhurst Rd
Lot 26·$1,200,200
140 Monmouth Rd
Lot 35·$535,800
Country Day Lane
Lot 37.01
8 Country Day Lane
Lot 38.03·$2,555,400

Block 25.15All of Block 25.15 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 34,
  "portfolioKeys": {
    "fullKeys": [
      "3 CENTRE DR MONROE NJ 08831"
    ],
    "zipKeys": [
      "3 CENTRE DR 08831"
    ]
  },
  "effective_unit_count": 2,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1337_25.15_36",
  "county_code": "13",
  "district_code": "37",
  "block": "25.15",
  "lot": "36",
  "qualifier": "",
  "property_location": "138 MONMOUTH RD",
  "property_class": "2",
  "bldg_class": "45",
  "bldg_desc": "2S-S-L-DG",
  "land_desc": "109X185 IRR",
  "year_built": 1934,
  "living_sqft": 4524,
  "dwelling_units": 2,
  "comm_dwell": null,
  "land_value_cents": "79530000",
  "improvement_value_cents": "22470000",
  "net_value_cents": "102000000",
  "last_yr_tx_cents": "1284969",
  "deed_date": "2022-09-29",
  "deed_book": "9617",
  "deed_page": "8445",
  "sale_price_cents": "70000000",
  "sales_code": null,
  "owner_mailing_street": "3 CENTRE DRIVE",
  "owner_mailing_city_state_zip": "MONROE, NJ  08831",
  "mun_name": "OCEAN TWP",
  "calc_acre": "0.000000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.01459460109515,
  "centroid_lat": 40.26504581463109
}

SR1A

[
  {
    "id": "d9de7887-cbbd-4e6d-a62e-a69abd88208e",
    "property_id": null,
    "county_code": "13",
    "district_code": "37",
    "block": "25.15",
    "lot": "36",
    "qualifier": "",
    "deed_book": "9715",
    "deed_page": "8741",
    "deed_date": "2024-12-04",
    "date_recorded": "2024-12-04",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "e6e8de81-5ef9-48e4-91f4-c08e3c89a61d",
    "property_id": null,
    "county_code": "13",
    "district_code": "37",
    "block": "25.15",
    "lot": "36",
    "qualifier": "",
    "deed_book": "9617",
    "deed_page": "8445",
    "deed_date": "2022-09-29",
    "date_recorded": "2022-09-30",
    "sale_price_cents": "70000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "cada8fae-921b-425d-8b12-888eba4f59ba",
    "property_id": "c0fa9d1d-efda-4e13-8281-7e33b5c83fc2",
    "county_code": "13",
    "district_code": "37",
    "block": "25.15",
    "lot": "36",
    "qualifier": "",
    "deed_book": "9617",
    "deed_page": "8445",
    "deed_date": "2022-09-29",
    "date_recorded": "2022-09-29",
    "sale_price_cents": "70000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "260fd185-14c3-4c19-8395-482dceebd3a9",
    "property_id": null,
    "county_code": "13",
    "district_code": "37",
    "block": "25.15",
    "lot": "36",
    "qualifier": "",
    "deed_book": "5925",
    "deed_page": "239",
    "deed_date": "2000-04-05",
    "date_recorded": "2000-04-12",
    "sale_price_cents": "25750000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "0bd12f8b-0dbb-43ac-9116-785c02347558",
    "property_id": null,
    "county_code": "13",
    "district_code": "37",
    "block": "25.15",
    "lot": "36",
    "qualifier": "",
    "deed_book": "5925",
    "deed_page": "239",
    "deed_date": "2000-04-11",
    "date_recorded": "2000-04-11",
    "sale_price_cents": "25750000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 138 Monmouth Rd, Ocean Twp, NJ?: The total municipal assessment is $1,020,000 (land plus improvements).
What is 138 Monmouth Rd, Ocean Twp, NJ worth?: Our model estimates a market value of $1,162,738, derived from comparable recorded sales nearby.
How many units does 138 Monmouth Rd, Ocean Twp, NJ have?: Records show 2 dwelling units at 138 Monmouth Rd, Ocean Twp, NJ.
What kind of property is 138 Monmouth Rd, Ocean Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1934.

Sales history

12/4/2024$0
taxrecords_njBk 9715 / Pg 8741
9/30/2022$700,000
taxrecords_njBk 9617 / Pg 8445
9/29/2022$700,000
MOD-IV (Rutgers)Bk 9617 / Pg 8445
4/12/2000$257,500
taxrecords_njBk 5925 / Pg 239
4/11/2000$257,500
MOD-IV (Rutgers)Bk 5925 / Pg 239

Date	Price	Book / Page	Source
12/4/2024	$0	9715 / 8741	taxrecords_nj
9/30/2022	$700,000	9617 / 8445	taxrecords_nj
9/29/2022	$700,000	9617 / 8445	MOD-IV (Rutgers)
4/12/2000	$257,500	5925 / 239	taxrecords_nj
4/11/2000	$257,500	5925 / 239	MOD-IV (Rutgers)