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23 Monroe Ave, Carteret, NJ, 07008

3beds
2baths
0sqft
$549,500
--price/sqft
$3,806/moest. monthly cost
$152,240/yrincome needed

About This Home

WOW!! Come see this Cozy 3 Bed 2 Bath Ranch home, located in one of the most desirable sections of town. Eat in Kitchen with granite counter tops and complimentary stoned backsplash... FORMAL DINING ROOM! Big EXTRA room on the main floor can be used as a 4th bedroom. Large Bedrooms. Plenty of Storage throughout. NEW Fully Finished Basement with Brand New full bath and a 'Summer Kitchen.' Perfect for the extended or multi-generational families. Conveniently located near all Major Highways and Transportation hubs. Close to all shopping and places of worship. Proximity to the NJ turnpike makes traveling to NYC or Philly Breeze!! Do not miss out on this opportunity. ACT FAST!!!

Getting Around

56
WalkingSomewhat Walkable
32
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

5/10
Carteret Middle SchoolGrades 5-60.6 mi
5/10
4/10
Carteret High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1962

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Range/Oven,Microwave,Refrigerator,Range,Washer,Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Finished, Daylight, Storage Space, Laundry Facilities

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Formal Dining Room

Features

  • 3 Bedrooms,Kitchen,Living Room,Bath Main,Bath Other,Dining Room,None
  • Flooring: Carpet,Ceramic Tile,Wood

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0

Kitchen

  • Features: Not Eat-in Kitchen

Property

Details

  • Parcel number: 0103201000000002

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Storage Shed

Lot

  • Lot size: 7,200 sqft
  • Features: Wooded
  • Lot size dimensions: 120.00 x 60.00

Parking

  • Parking features: 1 Car Width,2 Cars Deep
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,778$33,336
Home Insurance *$148$1,776
Property Taxes $687$8,244
Electricity $193$2,318
Total$3,806$45,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,491/yr
40% on housing$114,180/yr
45% on housing$101,493/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.7%
-2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07008$317
Middlesex County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 07008$344
Middlesex County$345

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Contingent$549,500
2026-07-22Price change$549,500
2026-07-06Listed for sale$560,000
2000-06-28Sold$157,000

For Sale by Agent

AgentJOSEPH DEVIZIO
BrokerageJ.J. ELEK REALTY CO.

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