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Middlesex 08831
63 Texas Road
$550,250
● House - Off Market

63 Texas Road

Monroe, NJ 08831
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,680 Ft²
$2,625
Est. Monthly
5.22%
Cap Rate

About This Property

Set on a spacious 0.75-acre lot, this ranch-style home at 63 Texas Rd in Monroe Township is loaded with potential. The property features 2 bedrooms, 1 full bath, an eat-in kitchen and a bonus room which provides additional living space-ideal for a home office, hobby room, or guest area. With a large yard perfect for outdoor activities, gardening, or potential future expansion, this home offers flexibility to fit your lifestyle. Property is conveniently located near shopping, dining, and major highways for easy commuting. Stream in the rear yard. Turn around driveway. Don't miss your chance to make this property your own. **Some photos have been digitally enhanced**
Unit Size
1,680 Ft²
Days on Market
60 days
Land Size
0.76 acres
Price per sqft
$238
Property Type
House
Property Taxes
$661
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (MOMLS #22514275)

Price History

Date / Event Date Event Price
Jul 14, 2025 Sold
Premium
Sold
Jun 3, 2025 In contract -
In contract
May 14, 2025 Listed by Home Alliance Realty, LLC $399,900
Listed by Home Alliance Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000760
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Monroe Township School District
  • Census Tract: 008209

Zoning

  • Zoning: R30

Geography

  • District: 12
  • Parcel: 12 00169-0000-00004
  • Block: 169
  • Lot: 4
  • Municipality: MONROE TWP
  • Latitude: 40.3612
  • Longitude: -74.3712

    Address

  • Full Address: 63 Texas Rd
  • Address - House Number: 63
  • Address - Street Name: Texas
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Monroe Township
  • Carrier Code: R008
  • 4-Digit Zip Code: 9655
  • Zip Code: 08831

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $753,434

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 517,099
  • High Value: 615,688
  • Low Value: 418,510

    Market Valuation

  • Market Total Value: $284,100
  • Market Land Value: $169,000
  • Market Improvement Value: $115,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,100
  • Assessed Land Value: $169,000
  • Assessed Improvements Value: $115,100
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$560,500

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1366 ft²

Average Home Age

38.1 years

Currently For Sale

1860 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 22 Wilson Avenue, Spotswood, NJ, 08884

$4,000 /mo

  • 3 Beds
  • 3 Baths
  • 1,454 ft²
22 Wilson Avenue, Spotswood, NJ, 08884 Listing by MARIYA HNATKEVYCH
Unit for rent at 517 Spotswood Englishtown Road, Monroe, NJ, 08831

$3,500 /mo

  • 4 Beds
  • 1 Bath
517 Spotswood Englishtown Road, Monroe, NJ, 08831 Listing by JOHN PROFACI

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa G Lopez, Home Alliance Realty, LLC
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22514275
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 63 Texas Road built and last sold?
The property at 63 Texas Road was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 63 Texas Road is $412,198.
What are some comparable homes to 63 Texas Road?
There are currently no comparable homes to 63 Texas Road.
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