NOT LISTED FOR SALE

12 Falson Ln Morganville, NJ 07751

Estimated Value: $1,044,000 - $1,291,000

5 Beds
4.5 Baths
-- Sq Ft
0.45 Acres

Last Sold May 23, 2023

Last sale price $925,000

Est. 28% increase in value since last sale

Current estimated payment $7,611/month

6 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 2 Car Garage
  • Robertsville Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

New Construction at its finest in Monmouth County. Seven Lots to choose from these are going to be magnificent spec homes with 2 different options to choose from. Smaller model featuring roughly 3400 sq ft or larger model featuring around 4200 sq ft. Both models come with standards like 10ft first floor ceilings and 9ft second floor ceilings. Functional open floor plans with spectacular custom open kitchens into 2 story family rooms. Full bedroom and bathroom on first floor with upstairs having jack and jill, princess suites for the kids rooms and a master like its very own apartment. Tons of closet space throughout with standard finishes being most other builders upgrade-able options! Top of the line quality construction all situated on roughly half acre lots located in one of the most sought after areas in central jersey. Close to all major transportation and highly ranked school district these homes will sell out fast with this location and finishes. Priced aggressively for a quick sell out.

Last Agent to Sell the Property

Aleksandr Pritsker

EXP Realty License #1008359 Listed on: 10/13/2020

EXP Realty

Last Buyer's Agent

Aleksandr Pritsker

EXP Realty License #1008359 Listed on: 10/13/2020

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,471

Lot Details

  • 0.45 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 30-00119-0000-00031-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,471

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.45
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.45
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 19602.0
  • Parcel #: 30-00119-0000-00031-16

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3471.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
May 22, 2023
Sold by
Loitzk Batim Llc
Bought by
Papp Jennifer and Papp Eric
Seller's Agent
Aleksandr Pritsker
EXP Realty
Buyer's Agent
Aleksandr Pritsker
EXP Realty
List Price
$949,999
Sold Price
$925,000
Premium/Discount to List
-$24,999
-2.63%
Views
105
Current Estimated Value
$1,183,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,443
Avg. Annual Appreciation
10.40%
Original Mortgage
$693,750
Outstanding Balance
$674,600
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$508,843

Purchase Details

Closed on
Jul 9, 2020
Sold by
Majestic Estates At Marlboro Llc
Bought by
Loitzk Batim Llc and Loitzk Batim 2 Llc

Purchase Details

Closed on
Jun 6, 2019
Sold by
Silver Leaf Properties Llc
Bought by
Zurich Land Funding Llc

Purchase Details

Closed on
Oct 18, 2016
Sold by
Falco Robert
Bought by
Liberty Properties Usa Llc
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
Papp Jennifer $925,000 First American Title
Papp Jennifer $925,000 First American Title
Loitzk Batim Llc $1,040,000 Riverside Abstract Llc
Zurich Land Funding Llc -- None Available
Liberty Properties Usa Llc $1,050,000 None Available
Liberty Properties Usa Llc $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papp Jennifer $693,750
Closed Papp Jennifer $693,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Sold $925,000 -2.6% --
10/19/2020 10/19/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $949,999 -- --
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 $16,490 $662,800 $150,000 $512,800
2024 $3,621 $653,600 $150,000 $503,600
2023 $3,621 $150,000 $150,000 $0
2022 $3,519 $150,000 $150,000 $0
2021 $3,519 $150,000 $150,000 $0
2020 $3,468 $150,000 $150,000 $0
2019 $3,471 $150,000 $150,000 $0
2018 $4,578 $201,300 $201,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22036935

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 30-00119-0000-00031-16