NOT LISTED FOR SALE

Estimated Value: $434,000

2 Beds
2.5 Baths
1,186 Sq Ft
$366/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $117,000 $99 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $2,685/month

183 Days on Market

Highlights

  • Private Pool
  • Tennis Courts
  • Combination Dining and Living Room
  • Oak Tree Elementary School Rated A
  • Forced Air Heating System
  • Carpet

About This Home

As of December 2020

Wonderful opportunity to own this affordable housing, end-unit. Home offers 2 bedrooms, 2.5 bathrooms, new carpeting and has been freshly painted. Great location with easy access to NJ Turnpike. Applicants must meet specific Affordable Housing requirements. The minimum household size is 2 persons. The MAXIMUM gross annual income for a household of 2 persons is $47,800; for 3 persons, it is $53,775; and for 4 persons, it is $59,750. If the estimated monthly housing cost for the home (including principal, interest, taxes, homeowner and private mortgage insurance and homeowner association fees) exceeds 33 % of household income, buyer will have to have received certification from a non-profit counselor approved by HUD or the New Jersey Department of Banking and Insurance, that buyer has received counseling on the advisability of the loan. This is not open to investors. THIS IS AN EQUAL HOUSING OPPORTUNITY.

Last Listed By

Stacey Digrande

MACK MORRIS - IRIS LURIE, INC. Listed on: 05/29/2020

MACK MORRIS - IRIS LURIE, INC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 2007

Lot Details

  • 566

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,186 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Association fees include common area maintenance
  • Tall Oaks/Monroe Manor Subdivision
  • The community has rules related to vehicle restrictions

Recreation

  • Tennis Courts

Building Details

  • Maintenance Expense $198

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,590

Year Built

Built in 2007

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Ownership: Fee Simple
  • Subdivision Name: TALL OAKS/MONROE MANOR
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Tub Shower
  • Dining Room Features: Living Dining Combo
  • Master Bedroom Features: Full Bath
  • Room Kitchen Features: Not Eat-in Kitchen, Pantry
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Dining Room, Kitchen, Living Room, 2 Bedrooms, Bath Main, Bath Second
  • Living Area: 1186
  • Stories: 2

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Outdoor Pool
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s)
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 42
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Restricted i.e. size
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maintenance

Lot Info

  • Zoning: LOW

Multi Family

  • Maintenance Expense: 198

Tax Info

  • Tax Annual Amount: 2590
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Dec 7, 2020
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Velez Melissa
Seller's Agent
Stacey Digrande
MACK MORRIS - IRIS LURIE, INC.
List Price
$117,000
Sold Price
$117,000
Total Days on Market
183
Current Estimated Value
$434,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,000
Avg. Annual Appreciation
27.43%
Original Mortgage
$93,600
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2019
Sold by
Stern William C and Stern Joelle
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 15, 2008
Sold by
Monroe Manor Inc
Bought by
Stern Ii William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.8%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Velez Melissa $117,000 Foundation Title Llc
Velez Melissa $117,000 Foundation Title
Wells Fargo Bank Na -- None Available
Stern Ii William C $96,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velez Melissa $93,600
Previous Owner Stern Ii William C $158,400
Previous Owner Stern Ii William C $91,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $117,000 0.0% $99 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $117,000 -- $99 / Sq Ft
Source: All Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,705 $99,700 $67,500 $32,200
2023 $2,705 $99,700 $67,500 $32,200
2022 $2,659 $99,700 $67,500 $32,200
2021 $2,643 $99,700 $67,500 $32,200
2020 $2,650 $99,700 $67,500 $32,200
2019 $2,590 $99,700 $67,500 $32,200
2018 $2,570 $99,700 $67,500 $32,200
2017 $2,530 $99,700 $67,500 $32,200
2016 $2,493 $99,700 $67,500 $32,200
2015 $2,433 $99,700 $67,500 $32,200
2014 $2,351 $99,700 $67,500 $32,200
Source: Public Records

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Source: All Jersey MLS

MLS Number: 2017109

All Jersey MLS

APN: 12 00001-0014-00065-0001-C1026