NOT LISTED FOR SALE

1 Rachel Dr New Egypt, NJ 08533

Estimated Value: $735,000 - $915,000

4 Beds
2.5 Baths
3,263 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $760,000 $233 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,806/month

33 Days on Market

Highlights

  • Concrete Pool
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Bay View
  • Contemporary Architecture
  • Attic

About This Home

As of May 2024

Welcome to this beautiful modern home in New Egypt! The 1st floor has a large foyer with hardwood flooring, a formal living room, and a dining room with wood floors and cathedral ceilings. Updated kitchen with tile flooring and granite counters, a center island large eat-in area with patio doors leading outside, high-end appliances, 6 burner stove/oven, wall oven, under counter microwave, and 2 drawer dishwasher. The family room with fireplace and a primary bedroom with an en-suite that leads out to the paver patio and pool area. The second floor features 3 large bedrooms, a laundry room with a walk-in pantry and the 2nd bedroom features a sitting room. The partial basement has one finished exercise room. The home has an attached 2-car garage and a detached oversized 3-car garage. The fully fenced backyard features a paver patio and a saltwater inground pool with a waterfall feature and solar heating system. Don't miss this!

Last Agent to Sell the Property

Teresa Barba

Keller Williams Realty West Monmouth License #0017256 Listed on: 03/08/2024

Keller Williams Realty West Monmouth

Last Buyer's Agent

Maria Lauren Seda

EXP Realty License #2185703

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,756

Year Built

  • Built in 1994

Lot Details

  • 1.05 Acre Lot
  • Fenced
  • Corner Lot
  • Oversized Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,263 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Bay Window
  • Sliding Doors
  • Den
  • Bonus Room
  • Bay Views
  • Partially Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Shed
  • Outbuilding

Schools

  • New Egypt Middle School
  • New Egypt High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System

Community Details

  • Noble Estates Subdivision

Listing and Financial Details

  • Exclusions: Personal items
  • Assessor Parcel Number 24-00077-0000-00097-14

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,756

Year Built

Built in 1994

Lot Details

0

HOA Fees

$17 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Oversized
  • ResoPoolFeatures: Concrete, Heated, In Ground, Salt Water
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Stove, Refrigerator, Garbage Disposal
  • Subdivision Name: Noble Estates
  • Architectural Style: Detached, Contemporary
  • Reso Interior Features: Attic, Bay/Bow Window, Bonus Room, Ceilings - 9Ft+ 1st Flr, Den, Skylight, Sliding Door
  • New Construction: No
  • Year Built: 1994
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 1.05
  • Location Middle School: New Egypt
  • Lot Description Corner Lot: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Roof Shingled: Yes
  • Included Stove: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • Parking Asphalt: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Attic: Yes
  • Interior Den: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Included Garbage Disposal: Yes
  • PoolSaltWater: Yes
  • Dining Room BayBow Window3: Yes
  • Interior Bonus Room: Yes
  • Pool Concrete2: Yes
  • Exterior Outbuilding: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes
  • Features Interior:Skylight: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bedroom Skylight5: Yes
  • Primary Bedroom Fireplace - Woodburning6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.05
  • Waterfront: No
  • Exclusions: Personal items
  • Exterior Features: Fence, Outbuilding, Patio, Shed, Storage, Swimming
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Asphalt, Driveway, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: New Egypt

Lot Info

  • Lot Size Sq Ft: 45738.0
  • Parcel #: 24-00077-0000-00097-14
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12756.0

MLS Schools

  • High School: New Egypt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 2, 2024
Sold by
Lombardi Christopher and Burns Kaitlin
Bought by
Burke Kelly A
Seller's Agent
Teresa Barba
Keller Williams Realty West Monmouth
Buyer's Agent
Maria Lauren Seda
EXP Realty
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Views
85
Current Estimated Value
$849,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,934
Avg. Annual Appreciation
8.64%
Original Mortgage
$608,000
Outstanding Balance
$599,328
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$250,606

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 15, 2020
Sold by
Morgano Jerome J and Morgano Jennifer L
Bought by
Lombardi Christopher and Burns Kaitlin
Seller's Agent
Kathleen Flacco
Century 21 Burke Realty
Buyer's Agent
Sandra Ferko
Better Homes and Gardens Real Estate Murphy & Co.
List Price
$669,000
Sold Price
$665,000
Premium/Discount to List
-$4,000
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$569,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2002
Sold by
Esposito Bevin
Bought by
Morgano Jerome and Morgano Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
7.04%

Purchase Details

Closed on
Aug 21, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hardy Bevin and Esposito Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

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Average Value
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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
Burke Kelly A $760,000 Sterling Title
Burke Kelly A $760,000 Sterling Title
Lombardi Christopher $665,000 Trident Abstract Ttl Agcy Ll
Lombardi Christopher $665,000 Trident Abstract Title
Morgano Jerome $342,500 --
Hardy Bevin $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Kelly A $608,000
Closed Burke Kelly A $608,000
Previous Owner Lombardi Christopher $569,000
Previous Owner Morgano Jerome J $25,556
Previous Owner Morgano Jerome J $200,000
Previous Owner Morgano Jerome $123,000
Previous Owner Morgano Jerome $274,000
Previous Owner Hardy Bevin $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $760,000 +1.3% $233 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $750,000 +12.8% $230 / Sq Ft
12/16/2020 12/16/20 Sold $665,000 -0.6% $204 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $669,000 -- $205 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2025 $14,326 $460,500 $130,100 $330,400
2024 $13,368 $460,500 $130,100 $330,400
2023 $12,756 $460,500 $130,100 $330,400
2022 $12,756 $460,500 $130,100 $330,400
2021 $12,309 $460,500 $130,100 $330,400
2020 $12,024 $460,500 $130,100 $330,400
2019 $11,775 $460,500 $130,100 $330,400
2018 $11,982 $460,500 $130,100 $330,400
2017 $11,512 $450,200 $130,100 $320,100
2016 $11,345 $450,200 $130,100 $320,100
2015 $11,025 $450,200 $130,100 $320,100
2014 $10,769 $450,200 $130,100 $320,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22406408

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 24-00077-0000-00097-14