NOT LISTED FOR SALE

157 Prospect Ave Red Bank, NJ 07701

Estimated Value: $941,000 - $1,021,966

4 Beds
3 Baths
1,554 Sq Ft
$633/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $585,000 $376 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,571/month

31 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • No HOA
  • Red Bank Reg High School Rated A
  • Marble Bathroom Countertops
  • 1.5 Car Direct Access Garage

About This Home

As of September 2018

Living is easy in this updated raised ranch in Red Bank. Located in the Tower Hill section, a few blocks from the robust downtown. Set on a professionally landscaped, private property with paver patio, its the perfect spot for children's play yard and seasonal entertaining. Many updates to this home include: roof, windows, siding, kitchen, baths, new heating system...Living room with fireplace, dining room, updated kitchen, three bedrooms and two full baths on the first level. The walk out lower level has a playroom, full bath, fourth bedroom, laundry and lots of storage space. If you are looking for a wonderful place to call home you must consider 157 Prospect Avenue.

Last Agent to Sell the Property

Pauline Poyner

Heritage House Sotheby's International Realty License #9483492 Listed on: 07/03/2018

Heritage House Sotheby's International Realty

Last Buyer's Agent

Suzanne Veninata

Better Homes and Gardens Real Estate Murphy & Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,696

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 112 x 150
  • Fenced
  • Oversized Lot

Parking

  • 1.5 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Double-Wide Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Light Fixtures
  • Gas Fireplace
  • Window Treatments
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Workroom

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

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

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 39-00054-0000-00041

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,696

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area, Oversized
  • Inclusions: Washer, Window Treatments, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: French Doors, In-Law Suite
  • New Construction: No
  • Year Built: 1950
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 112 x 150
  • Location Middle School: Thompson
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Parking Asphalt: Yes
  • Parking Double Wide Drive: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior French Doors: Yes
  • Living Room French Doors2: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Style Ranch: Yes
  • Interior In-Law Suite: Yes
  • Basement Heated: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Laundry Level Basement20: Yes
  • Foyer Floor - WW Carpet: Yes
  • Rooms Work Room: Yes
  • Family Room Level Basement29: Yes
  • Work Room Level Basement4: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished, Heated, Walk-Out Access
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • 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
  • Other Rooms:Foyer: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal property
  • Exterior Features: Fence, Patio, Shed, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.5
  • Parking Features: Asphalt, Double Wide Drive, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: 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

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Lot Dimensions: 112 x 150
  • Parcel #: 39-00054-0000-00041
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10696.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Rose George and Rose Carol
Bought by
Rose Gorge and Rose Carol
Current Estimated Value
$983,742

Purchase Details

Listed on
Jul 3, 2018
Closed on
Sep 19, 2018
Sold by
157 Prospect Ave Llc
Bought by
Rose George and Rose Carol
Seller's Agent
Pauline Poyner
Heritage House Sotheby's International Realty
Buyer's Agent
Suzanne Veninata
Better Homes and Gardens Real Estate Murphy & Co.
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Listed on
May 24, 2012
Closed on
Dec 20, 2013
Sold by
Stone James
Bought by
157 Prospect Ave Llc
Seller's Agent
Thomas Thompson
Coldwell Banker Realty
Buyer's Agent
Patricia Holsey
Better Homes Realty
Sold Price
$328,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%

Purchase Details

Closed on
Jun 27, 2002
Sold by
Dammann Kenneth
Bought by
Stone James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.92%

Purchase Details

Closed on
Jan 3, 1996
Sold by
Ponturiero Anthony
Bought by
Dammann Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.31%
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
Rose Gorge -- Old Republic Natl Ttl Ins Co
Rose George $585,000 Cortes & Hay Title Agency In
157 Prospect Ave Llc $328,500 Crystal Title Agency Llc
Stone James $335,000 --
Dammann Kenneth $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose George $100,000
Previous Owner 157 Prospect Avenue Llc $75,000
Previous Owner 157 Prospect Ave Llc $150,000
Previous Owner Stone James $425,000
Previous Owner Stone James $300,700
Previous Owner Dammann Kenneth $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $585,000 +78.1% $376 / Sq Ft
12/31/2013 12/31/13 Sold $328,500 -- $211 / 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 $14,661 $861,500 $404,700 $456,800
2024 $14,598 $776,100 $337,600 $438,500
2023 $14,598 $763,900 $337,600 $426,300
2022 $14,169 $722,300 $314,300 $408,000
2021 $14,169 $633,400 $261,900 $371,500
2020 $13,137 $578,200 $261,900 $316,300
2019 $12,574 $568,700 $261,900 $306,800
2018 $11,121 $508,500 $261,900 $246,600
2017 $10,696 $506,900 $261,900 $245,000
2016 $10,548 $500,600 $261,900 $238,700
2015 $8,112 $399,000 $333,500 $65,500
2014 $7,633 $399,000 $333,500 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21826262

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00054-0000-00041