$438,534
SOLD OCT 2, 2018

1501 Hights Farm Rd S Monroe, NJ 08831

3 Beds
4 Baths
2,254 Sq Ft
$187/mo HOA Fee

Recently Sold

$195 Per Sq Ft

17 Days on Market

Highlights

  • New Construction
  • Deck
  • Wood Flooring
  • Oak Tree Elementary School Rated A
  • Recreation Room
  • 1 Car Attached Garage

About This Home

As of October 2018

Welcome to DR Horton's luxury town home community, Gateway at Monroe! Featuring 3 levels of living, 3 Bedroom, 2 full & 2 half Baths, Recreation Room, Luxury Shower & Deck making for the ultimate floor plan. Designer finishes include Hardwood Floors, Maple Espresso Kitchen Cabinets & Granite Gourmet Chef Appliances. Nearby bus & shopping. Top rate schools. Disclaimer: kitchen renderings are for color reference only - kitchen layout or appliances may vary.

Last Agent to Sell the Property

Drew Robustelli

RE/MAX Homeland Realtors License #1005062 Listed on: 06/05/2018

RE/MAX Homeland Realtors

Last Buyer's Agent

NON MEMBER

VRI Homes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,874

HOA Fees

  • $187 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • New Construction
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,254 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Recreation Room
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • Deck

Schools

  • Oak Tree Elementary School
  • Monroe Twp Middle School
  • Monroe Twp High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12-00004-0100-0101

Community Details

Overview

  • Association fees include trash, snow removal
  • Gateway@Monroe Subdivision, The Nash Floorplan

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,874

Lot Details

0

HOA Fees

$187 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: The Nash
  • Reso Association Fee Includes: Trash, Snow Removal
  • Inclusions: Dishwasher, Microwave, Self/Con Clean, Garage Door Opener
  • Subdivision Name: Gateway@Monroe
  • Architectural Style: Townhouse
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Recessed Lighting
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Monroe Twp
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Style Townhouse: Yes
  • ExteriorDeck: Yes
  • Included SelfCon Clean: Yes
  • Kitchen Floor - Wood4: Yes
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 13
  • Stories: 3
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bedroom Level Third43: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes
  • ConstructionSiding:Stone: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 187.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Monroe Twp

Lot Info

  • Parcel #: 12-00004-0100-0101
  • Zoning Description: Residential

MLS Schools

  • Elementary School: Oak Tree
  • High School: Monroe Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Sep 25, 2018
Sold by
D R Horton Inc
Bought by
Faltin Anthony R and Faltin Erin P
Seller's Agent
Drew Robustelli
RE/MAX Homeland Realtors
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$438,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$430,590
Outstanding Balance
$380,461
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$304,539
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $438,534 Coastal Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,590 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $669,900 -1.5% $303 / Sq Ft
05/09/2025 05/09/25 For Sale $679,900 +55.0% $308 / Sq Ft
10/02/2018 10/02/18 Sold $438,534 -- $195 / 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
2024 $10,874 $400,800 $230,000 $170,800
2023 $10,874 $400,800 $230,000 $170,800
2022 $10,689 $400,800 $230,000 $170,800
2021 $7,976 $400,800 $230,000 $170,800
2020 $10,653 $400,800 $230,000 $170,800
2019 $10,413 $400,800 $230,000 $170,800
2018 $1,289 $50,000 $50,000 $0
2017 $1,269 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21822054

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-00004-1-00010-1-C1501