NOT LISTED FOR SALE

106 Newman Springs Rd Unit 108 Red Bank, NJ 07701

Estimated Value: $632,000 - $674,000

3 Beds
1 Bath
1,608 Sq Ft
$408/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $350,000 $218 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,227/month

32 Days on Market

Highlights

  • 6 Car Garage
  • Red Bank Reg High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of July 2018

2 FAMILY house on LOT 13 (50 x 94.18) and adjoining contiguous LOT 12 (50 x 144.03). 2 family house has 3BR/1bath in each. Located minutes from GSP, major transportation. Minutes from town.
PROPERTY SOLD AS IS...C/O and all req'd permits responsibility of Buyer.
Lot dimensions taken from tax record

Last Agent to Sell the Property

Lori Lustica

EXIT Realty East Coast Shirvanian License #1006662 Listed on: 04/03/2018

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Nicole Rabbat

Critelli Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1901

Parking

  • 6 Car Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1901

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Year Built: 1901
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Red Bank
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 6.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Parcel #: 0000

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3500.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jul 5, 2018
Sold by
Granderson Trust
Bought by
Viola Christopher C and Whelan Stephen J
Seller's Agent
Lori Lustica
EXIT Realty East Coast Shirvanian
Buyer's Agent
Nicole Rabbat
Critelli Realtors
Sold Price
$350,000
Current Estimated Value
$656,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,744
Avg. Annual Appreciation
9.21%
Original Mortgage
$262,500
Outstanding Balance
$228,468
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$432,213
Source: Public Records

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
Viola Christopher C $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viola Christopher C $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $350,000 -- $218 / 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 $9,111 $591,400 $260,900 $330,500
2024 $9,652 $482,300 $180,000 $302,300
2023 $9,652 $505,100 $219,900 $285,200
2022 $8,380 $469,400 $196,400 $273,000
2021 $8,380 $374,600 $131,000 $243,600
2020 $8,027 $353,300 $131,000 $222,300
2019 $7,663 $346,600 $131,000 $215,600
2018 $5,870 $268,400 $131,000 $137,400
2017 $5,644 $267,500 $131,000 $136,500
2016 $5,562 $264,000 $131,000 $133,000
2015 $6,904 $339,600 $157,800 $181,800
2014 $8,174 $427,300 $245,500 $181,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lori Lustica

    EXIT Realty East Coast Shirvanian

    (732) 741-5550

    8 Total Sales

    Lori Lustica
    Section Image

  • N

    Buyer's Agent in 2018

    Nicole Rabbat

    Critelli Realtors

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21812294

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00085-0000-00012

New Jersey Monmouth County Red Bank 07701

106 Newman Springs Rd Unit 108, Red Bank, NJ

This home is located at 106 Newman Springs Rd Unit 108, Red Bank, NJ 07701 since 03 April 2018 and is currently estimated at $656,744, approximately $408 per square foot. This property was built in 1901. 106 Newman Springs Rd Unit 108 is a home located in Monmouth County with nearby schools including Red Bank Primary School, Red Bank Middle School, and Red Bank Reg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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