An undercarriage monitoring device has a roller assembly including a fixed roller component and a bushing. An opening is formed within the fixed roller component. A first sensor is disposed within the opening of the fixed roller component over the bushing. The first sensor is configured to sense a first physical characteristic of the bushing. The fixed roller component is a shaft or a housing. The first sensor is a temperature sensor or a Hall effect sensor. A magnet is disposed on the roller assembly. A second sensor is disposed within the opening of the fixed roller component over the bushing. The second sensor is configured to sense a second physical characteristic of the bushing. A data transmitting device is coupled to the first sensor. Data is collected from the sensor. The data collected from the sensor is transmitted to a receiving device.