NOT LISTED FOR SALE

16 Recreation Place Highlands, NJ 07732

Estimated Value: $890,000 - $1,148,809

4 Beds
3 Baths
-- Sq Ft
2,962 Sq Ft Lot

Last Sold January 03, 2020

Last sale price $500,000

Est. 109% increase in value since last sale

Current estimated payment $7,071/month

35 Days on Market

Highlights

  • Ocean View
  • Custom Home
  • Dining Room with Fireplace
  • New Construction
  • Deck
  • 4-minute walk to Huddy Park

About This Home

As of January 2020

NEW CONSTRUCTION COMPLETED SUMMER 2019 AND READY FOR OCCUPANCY. All seasons can be enjoyed in this stunning 4 bedroom, 3 bath, 3 story with 780 sq. ft of covered and uncovered decks for your views of the Freedom Tower, Manhattan Skyline, Sandy Hook Bay and the Atlantic Ocean. Features included are decorator kitchen with quartz counters, marble backsplash, center island, and stainless appliances. 2 gas fireplaces for those cooler days ahead. Parking under the house. 2-10 New Home Warranty. Whether this is a full time residence or weekend getaway, the Highlands coastal community offers premier restaurants, close proximity to beaches, Hartshorne Woods, Seastreak Ferry and so much more!

Last Agent to Sell the Property

Joann Sheridan

Weichert Realtors-Rumson License #1541575 Listed on: 10/04/2019

Weichert Realtors-Rumson

Last Buyer's Agent

Joann Sheridan

Weichert Realtors-Rumson License #1541575 Listed on: 10/04/2019

Weichert Realtors-Rumson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,721

Lot Details

  • Lot Dimensions are 37x80
  • Corner Lot

Property Views

  • Ocean
  • Bay

Home Design

  • New Construction
  • Custom Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Crown Molding
  • Gas Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Wood Flooring
  • Walk-Out Basement

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Parking

  • No Garage
  • Covered Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Highlands Elementary School
  • Henry Hudson Reg Middle School

Utilities

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

Community Details

  • No Home Owners Association
  • Waterwitch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 19-00091-0000-00001-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,721

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Inclusions: Dishwasher, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Waterwitch
  • Architectural Style: Custom
  • New Construction: Yes
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Lot Dimensions: 37x80
  • Location Middle School: Henry Hudson Reg
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info # Fireplaces: 2.0
  • Garage None4: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Living Room Dec Molding3: Yes
  • Water Type Bayview: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Kitchen Marble4: Yes
  • Dining Room Fireplace - Gas6: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Walk-Out Access
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Total Bedrooms: 7
  • Stories: 3
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Bayview, Oceanview
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Covered, Driveway, Off Street, None
  • General Property Info:Garage: No
  • Parking:Covered2: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Henry Hudson Reg

Lot Info

  • Lot Dimensions: 37x80
  • Parcel #: 19-00091-0000-00001-01

MLS Schools

  • Elementary School: Highlands

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Jan 2, 2020
Sold by
Francolino Family Llc
Bought by
Nicosia Frank
Seller's Agent
Joann Sheridan
Weichert Realtors-Rumson
Buyer's Agent
Joann Sheridan
Weichert Realtors-Rumson
Sold Price
$500,000
Current Estimated Value
$1,043,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,068
Avg. Annual Appreciation
13.16%
Original Mortgage
$330,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2019
Sold by
Prime Estates Inc
Bought by
Francolino Family Llc

Purchase Details

Closed on
Feb 6, 2017
Sold by
Rutherford Capital Invest Ments Llc
Bought by
Francolino Barilyn and Francolino Jsoeph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.19%
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
Nicosia Frank $500,000 All Ahead Title Agency Llc
Francolino Family Llc -- None Available
Francolino Barilyn $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicosia Frank $100,000
Open Nicosia Frank $350,000
Closed Nicosia Frank $330,000
Previous Owner Francolino Barilyn --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Sold $500,000 -- --
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 $15,721 $806,900 $175,500 $631,400
2023 $15,721 $783,700 $167,100 $616,600
2022 $14,988 $677,200 $90,100 $587,100
2021 $14,988 $604,100 $81,900 $522,200
2020 $14,713 $592,300 $81,900 $510,400
2019 $14,467 $512,100 $81,900 $430,200
2018 $1,911 $68,200 $65,500 $2,700
2017 $1,918 $68,200 $65,500 $2,700
2016 $1,887 $68,200 $65,500 $2,700
2015 $1,903 $68,100 $65,500 $2,600
2014 $2,274 $84,300 $81,900 $2,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joann Sheridan

    Weichert Realtors-Rumson

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21940623

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 19-00091-0000-00001-01

New Jersey Monmouth County Highlands 07732

16 Recreation Place, Highlands, NJ

This home is located at 16 Recreation Place, Highlands, NJ 07732 since 04 October 2019 and is currently estimated at $1,057,702. 16 Recreation Place is a home located in Monmouth County with nearby schools including Highlands Elementary School, Henry Hudson Regional School, and Holy Cross School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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