OFF MARKET
Google street view image for 306 Federal Rd, Monroe, NJ 08831
Off market feb 2024 for $995K
$806,362
Est. refi paymentEst. refi $6,501/mo
—
bd
•
— ba
•
5,163
sq ft

306 Federal Rd, Monroe, NJ 08831

map-entry

About this home

306 Federal Rd is a 5,163 square foot house on a 1.37 acre lot. - it last sold on February 08, 2024 for $995,000. Based on Redfin's Monroe data, we estimate the home's value is $806,362.
Single-familyProperty Type
2024Year Built
1.37 acresLot Size
$156Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records

Redfin Estimate

$806,362
$189K since sold in February 2024$74K since September

This home's estimate is 41.6% lower than the average sale price ($1.38M) of 6 comparable homes.

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Earn from this home

Sell
$992
Est. take-home

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Refinance
$0
Est. cash available

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Rent
$3,751/mo
Redfin rental estimate

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Market trends in 08831, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price
99.3%

0.4% MoM

Median sale price
$522K

$18K MoM

Avg. days on market
78d

5 days MoM

Recently sold homes
307

3 MoM

New listings for sale

Provided by Redfin

Sale history for 306 Federal Rd

Tax history for 306 Federal Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Around this home

Schools

Applegarth Elementary School

Public 4-5 • Assigned • 0.8mi

8/10
Monroe Township Middle School

Public 6-8 • Assigned • 2.4mi

8/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Monroe, NJ • 08831
Average low and high temperatures (°F)
36
22
41
24
58
36
65
44
72
53
83
63
87
68
81
60
77
59
68
47
56
38
42
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$767,000 – $928,000

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Land— sq ft
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4 beds2.5 baths— sq ft
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NEW CONSTRUCTION
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3 beds3.5 baths2,201 sq ft
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New listings for sale in 08831

NEW 1 HR AGO
$1,199,000
5 beds4 baths3,420 sq ft
28 Tall Oaks Dr, Monroe, NJ 08831
NEW 1 HR AGO
$369,900
2 beds2 baths1,230 sq ft
7 Daniel Webster Ave Unit B, Monroe Township, NJ 08831
(609) 259-0200
COMING SOON
$389,999
2 beds2 baths1,620 sq ft
434 Bluebird Dr, Monroe Township, NJ 08831
NEW 27 HRS AGO
$544,900
2 beds2 baths1,266 sq ft
66 Essex Rd Unit 66B, Monroe Township, NJ 08831
(732) 257-3500
$509,000
2 beds2 baths1,752 sq ft
13 Benjamin Franklin Dr, Monroe Township, NJ 08831
SHORT SALE
$309,000
2 beds2 baths1,150 sq ft
191 Malden Ln Unit B, Monroe Township, NJ 08831
$349,000
2 beds2 baths1,155 sq ft
64 Winthrop Rd, Monroe Township, NJ 08831
$309,000
2 beds2 baths1,150 sq ft
191B Malden Ln Unit B, Monroe Township, NJ 08831
$575,000
3 beds2 baths1,360 sq ft
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Home values near 306 Federal Rd

Data from public records.

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