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334 Mayfair Place, Morganville, NJ, 07751

2beds
2baths
1,282sqft
$455,000
$355price/sqft
$3,514/moest. monthly cost
$140,560/yrincome needed

About This Home

Great Investment Opportunity Only! Sold with a current tenant in place paying $2,850/month. Lease began 6/10/2026. 48-hour notice required for showings. This fully updated 1st floor end unit is located in the desirable Millponds at Marlboro community and offers a great location close to shopping, restaurants, commuter routes, and the highly rated Marlboro School District. This condo features 2 bedrooms and 2 renovated bathrooms, engineered hardwood floors throughout, and a living room with a fireplace. The kitchen offers granite countertops and stainless steel appliances. Additional features include a full laundry room, ceiling fans, and a private patio area with space for a grill. Great opportunity for an investor looking for immediate rental income in a desirable location low taxes and

Getting Around

38
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

8/10
6/10
Marlboro High SchoolGrades 9-123.7 mi

Construction

Condition

  • Year built: 1985

Materials

  • Foundation: Slab

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

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

Features

  • Flooring: Wood

Heating & Cooling

  • Heating features: Natural Gas,Hot Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,282
  • Total interior livable area: 1,282 sqft

Property

Details

  • Parcel number: 30001730000000070000C0334
  • Attached to another structure: Yes
  • Zoning description: Condo

Features

  • Levels: Lower Level,One
  • Stories: 1
  • Entry location: Lower Level
  • Pool features: Community
  • Exterior features: Basketball Court,Storage

Lot

  • Lot size: 435.60 sqft

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

  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Ice Storm
Lightning
Winter Weather
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 $2,300$27,600
Home Insurance *$126$1,512
Property Taxes $895$10,740
Electricity $193$2,318
Total$3,514$42,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$120,480/yr
40% on housing$105,420/yr
45% on housing$93,706/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: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$355This listing

vs Other Active Listings

Avg $/sqft

ZIP 07751$531
Monmouth County$425

vs Homes Sold Last Month

Median $/sqft

ZIP 07751$368
Monmouth County$384

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
2026-06-10Price change$455,000
2026-06-08Listing removed$2,850
2026-06-02Listed for sale$450,000
2026-06-01Listed for rent$2,850
2025-05-09Listing removed$2,800
2025-05-07Sold$430,000
2025-05-07Listed for rent$2,800
2025-04-11Pending sale$435,000
2025-04-04Price change$435,000
2025-03-31Price change$442,900
2025-03-26Price change$449,900
2025-03-06Price change$455,900
2025-02-26Listed for sale$465,000
2015-08-25Sold$230,000
2011-09-08Sold$180,000
2011-06-09Listed for sale$199,000
2004-05-12Sold$205,000

For Sale by Agent

AgentYelena Volis
BrokerageDreamlife Realty Services Corp

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