NOT LISTED FOR SALE

16 Oak Tree Rd Monmouth Junction, NJ 08852

Estimated Value: $840,000 - $921,000

4 Beds
2.5 Baths
-- Sq Ft
10,193 Sq Ft Lot

Last Sold September 11, 2023

Last sale price $695,000

Est. 25% increase in value since last sale

Current estimated payment $5,627/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • 2 Car Attached Garage
  • Brooks Crossing Elementary School Rated A
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of September 2023

Magnificent Colonial in the prestigious and sought after Oak Tree section of South Brunswick.The feeling of NEW" Beautiful updated kitchen with SS appliances,tile back splash,center island,quartz counters to the brand new flooring,brand new windows,and all new bathrooms.This 4 Bedroom 2 1/2 bath crown jewel is everything you've been searching for.All you will have to do is unpack and enjoy what this gorgeous home has to offer you and your family.From the basement to the beautiful fenced in yard with patio.Get ready to enjoy your new home with your loved ones! Close to major highways and transportation. Located in the blue ribbon school system of South Brunswick. Large Newer Washer and Dryer. Sellers are relocating.

Last Agent to Sell the Property

LAWRENCE VECCHIO

VRI HOMES Listed on: 06/22/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,397

Year Built

  • Built in 1984

Lot Details

  • 10,193 Sq Ft Lot
  • Property is zoned R-3

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway
  • Open Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • Oaktree Homes Sec 01 Subdivision
  • The community has rules related to vehicle restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,397

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.234
  • Lot Size: 0.00 x 0.00
  • Ownership: Corporation
  • Subdivision Name: Oaktree Homes Sec 01
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Dining Room Features: Formal Dining Room
  • Room Kitchen Features: Kitchen Island, Eat-in Kitchen, Separate Dining Area
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Full, Daylight, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Dining Room, Bath Half, Family Room, Entrance Foyer, Kitchen, Laundry Room, Living Room, 4 Bedrooms, Bath Main, Bath Full, None
  • Stories: 2

Exterior Features

  • Lot Features: Near Public Transit, Near Shopping, Near Train
  • Pool Features: None
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, Attached, Driveway

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: See remarks

Lot Info

  • Lot Size Sq Ft: 10193
  • Zoning: R-3

Tax Info

  • Tax Annual Amount: 8397
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 24, 2023
Sold by
Mossa Properties Llc
Bought by
Patel Kunthunkumar S and Patel Priyal D
Seller's Agent
LAWRENCE VECCHIO
VRI HOMES
List Price
$669,900
Sold Price
$695,000
Premium/Discount to List
$25,100
3.75%
Views
90
Current Estimated Value
$871,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,080
Avg. Annual Appreciation
10.61%
Original Mortgage
$632,880
Outstanding Balance
$617,443
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$253,637

Purchase Details

Listed on
Jun 25, 2022
Closed on
Sep 22, 2022
Sold by
Kumar Neeraj
Bought by
Mossa Properties Llc
Seller's Agent
Ofir Hillel
ORANGE KEY REALTY, INC.
List Price
$685,000
Sold Price
$665,000
Premium/Discount to List
-$20,000
-2.92%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 25, 2022
Sold by
Humer Ronald H and Powell Breeh H
Bought by
Kumar Neeraj
Seller's Agent
Michael Matthews
ORANGE KEY REALTY, INC.
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.14%
Original Mortgage
$375,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1984
Bought by
Humer Ronald H and Humer Mary L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Kunthunkumar S $695,000 None Listed On Document
Mossa Properties Llc $665,000 All Ahead Title
Mossa Properties Llc $665,000 All Ahead Title
Kumar Neeraj $500,000 None Listed On Document
Humer Ronald H $108,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Kunthunkumar S $632,880
Previous Owner Kumar Neeraj $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2023 09/11/23 Sold $695,000 +3.7% --
06/22/2023 06/22/23 For Sale $669,900 +0.7% --
10/03/2022 10/03/22 Sold $665,000 0.0% $295 / Sq Ft View Prior Sale
09/09/2022 09/09/22 Price Changed $665,000 -0.7% $295 / Sq Ft
07/21/2022 07/21/22 Price Changed $669,900 -2.2% $297 / Sq Ft
06/25/2022 06/25/22 For Sale $685,000 +37.0% $304 / Sq Ft
04/12/2022 04/12/22 Sold $500,000 0.0% $222 / Sq Ft View Prior Sale
02/11/2022 02/11/22 For Sale -- -- --
02/11/2022 02/11/22 For Sale $500,000 -- $222 / Sq Ft
02/10/2022 02/10/22 For Sale -- -- --
01/31/2022 01/31/22 For Sale -- -- --
Source: All Jersey MLS

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 $12,700 $235,100 $68,000 $167,100
2024 $11,635 $235,100 $68,000 $167,100
2023 $11,635 $223,400 $68,000 $155,400
2022 $10,397 $210,700 $68,000 $142,700
2021 $9,621 $210,700 $68,000 $142,700
2020 $10,462 $210,700 $68,000 $142,700
2019 $10,559 $210,700 $68,000 $142,700
2018 $10,205 $210,700 $68,000 $142,700
2017 $10,190 $210,700 $68,000 $142,700
2016 $10,331 $210,700 $68,000 $142,700
2015 $9,765 $210,700 $68,000 $142,700
2014 $9,602 $210,700 $68,000 $142,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2312628R

All Jersey MLS

APN: 21-00087-0000-00028