NOT LISTED FOR SALE

118 Adams Way Jackson, NJ 08527

Estimated Value: $1,121,000 - $1,201,000

4 Beds
2.5 Baths
4,046 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $990,000 $245 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,312/month

9 Days on Market

Highlights

  • Curved or Spiral Staircase
  • Conservatory Room
  • Wood Flooring
  • Colonial Architecture
  • Wooded Lot
  • No HOA

About This Home

As of April 2022

WELCOME HOME! Enter this elegant Stanwick model offering over 4,000 sq. ft. sitting on over one acre of land with private woods behind you! Walk in through the front door to be greeted by a two story foyer that will take your breath away. The kitchen features maple cabinets, granite countertops, and Brazilian cherrywood flooring. Entertaining is a breeze in this bright and open floor plan featuring a two story family room with crown molding throughout. Work from home? No problem... beautifully sized bonus room to be used as a guest room or home office! Come upstairs to unwind in this beautiful master suite, spacious sitting area, tray ceiling, master bath with double sinks, ceramic tile, and massive walk-in closet along with three additional bedrooms and full bathroom to complete the second floor. Come outside and enjoy the expanded Trex deck and above ground pool. Don't forget about the fully insulated basement just waiting for you to finish to your liking.

Last Agent to Sell the Property

Matthew Curiale

RE/MAX First Realty License #1971093 Listed on: 02/16/2022

RE/MAX First Realty

Last Buyer's Agent

Yosef Jankelovits

Imperial Real Estate Agency License #1649705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,458

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • Sprinkler System
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 1 Car Garage
  • Parking Available
  • Double-Wide Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,046 Sq Ft Home
  • 2-Story Property
  • Curved or Spiral Staircase
  • Crown Molding
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Double Door Entry
  • French Doors
  • Conservatory Room
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Laundry Tub

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Exterior Lighting
  • Storage Shed
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • The Reserve Subdivision

Listing and Financial Details

  • Exclusions: EXCLUDED: Washer and Dryer
  • Assessor Parcel Number 12-16801-0000-00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,458

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Treed Lots, Wooded
  • Subdivision Name: The Reserve
  • Architectural Style: Colonial, 2 Story
  • Reso Flooring: Ceramic Tile, Tile, Wood, Other
  • Reso Interior Features: Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Conservatory, Dec Molding, French Doors, Laundry Tub, Recessed Lighting
  • Reso Other Structures: Storage Shed
  • Year Built: 2005
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 1.0
  • General Property Info Farm: No
  • Interior Attic - Pull Down Stairs: Yes
  • WaterSewer Well: Yes
  • Roof Shingled: Yes
  • Lot Description Treed Lots: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Parking Double Wide Drive: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Thermal Window: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Parking Concrete: Yes
  • SidingBrick: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Butler Pantry: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Interior Laundry Tub: Yes
  • Floors Tile: Yes
  • Lot Description Wooded: Yes
  • Foyer Double Door Entry: Yes
  • Foyer Dec Molding2: Yes
  • Foyer Circular Stair: Yes
  • Interior Conservatory: Yes
  • GreatFamily Room Ceilings - Beamed3: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath TRYVLTCATH2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.0
  • Topography: Level
  • Waterfront: No
  • Exclusions: EXCLUDED: Washer and Dryer
  • Construction Type: Brick
  • Exterior Features: Porch - Open, Sprinkler Under, Thermal Window, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Double Wide Drive
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 12-16801-0000-00035

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13458.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 12, 2022
Sold by
Amy Formica
Bought by
Lurnan Ari and Steinmetz Rochelle
Seller's Agent
Matthew Curiale
RE/MAX First Realty
Buyer's Agent
Yosef Jankelovits
Imperial Real Estate Agency
List Price
$779,000
Sold Price
$990,000
Premium/Discount to List
$211,000
27.09%
Current Estimated Value
$1,154,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,595
Avg. Annual Appreciation
4.47%
Original Mortgage
$620,000
Outstanding Balance
$585,178
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$569,417

Purchase Details

Closed on
Apr 7, 2008
Sold by
Okeefe Dennis and Okeefe Gina
Bought by
Formica Frank and Formica Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2005
Sold by
U S Home Corp
Bought by
Okeefe Dennis and Okeefe Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Lurnan Ari $990,000 Stewart Title
Formica Frank $587,500 Chicago Title Insurance Co
Okeefe Dennis $571,705 Eastern Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lurnan Ari $620,000
Previous Owner Formica Frank $310,000
Previous Owner Okeefe Dennis $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold $990,000 +27.1% $245 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $779,000 -- $193 / 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 $14,512 $1,165,200 $212,000 $953,200
2024 $14,023 $543,100 $93,500 $449,600
2023 $13,724 $543,100 $93,500 $449,600
2022 $13,663 $540,700 $93,500 $447,200
2021 $13,576 $538,100 $93,500 $444,600
2020 $13,280 $538,100 $93,500 $444,600
2019 $13,097 $538,100 $93,500 $444,600
2018 $12,780 $538,100 $93,500 $444,600
2017 $12,430 $538,100 $93,500 $444,600
2016 $12,193 $538,100 $93,500 $444,600
2015 $11,994 $538,100 $93,500 $444,600
2014 $11,677 $538,100 $93,500 $444,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22203915

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-16801-0000-00035