22 Babbitt Way Allentown, NJ 08501
Estimated Value: $1,233,000 - $2,171,000
4
Beds
3
Baths
4,270
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Water Views
- In Ground Pool
- Colonial Architecture
- Allentown High School Rated A-
- Solar Power System
- Wood Flooring
About This Home
As of September 2020The best of both worlds. This is what Horse enthusiasts often dream of. Just outside of historic Allentown, 2 miles form the Horse park of New Jersey. Riding distance to 6,000 plus acres of state park, land filled with lakes, open fields and wooded trails in the Assunpink state park and in the heart of Standardbred country. This 18 acre gentlemen's farm is set back off the road but still connected to the rural neighborhood Stone Tavern Estates. This stately 4,300 sq foot colonial features all the modern amenities. You are first greeted by a tree lined driveway and front pasture, elaborate landscaping with hardscape walkways and multi tiered trex deck. This gracious 2 story foyer greets you with winding staircase and royal like chandelier. The entry level with 9 foot ceilings, multiple skylights, bountiful of windows and hardwood floors throughout. Open floor plan offers oversized gourmet kitchen with breakfast bar and morning room. Cozy den, fireplace adjacent to kitchen. Front of the home offers the Formal dining room and stately study. But there is more!... just off the den is the 22 x 30 Great room/Man cave call it what you like. The ultimate entertainment room features vaulted ceilings and array of windows, with large entertaining area, currently the owners use as billiards/game room. Full bathroom on the first floor and an upscale laundry room. 2nd floor is open to foyer below. Massive master bedroom with fireplace, 26 deep walk in closet and master bath. Accompanied by 3 other generous sized bedrooms. Basement is a full walkout with large window and slider along the back. Outside features a custom in-ground pool, deck and patio. Just a short walk away is one of the most well cared for and clean barn I have come upon. Currently offering 5 stalls, tack room and wash basin but built to support 6 or 7. Plush grass pastures bordered by woods offering full sun and shade. Riding arena with proper base and drainage. Run in sheds and water. All this and surrounded by protected woodland and Farms is a rare but obtainable dream come true.
Last Agent to Sell the Property
Smires & Associates License #9236000 Listed on: 03/11/2020
Last Buyer's Agent
Stacy Butewicz
Gloria Nilson & Co. Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,973
Year Built
- Built in 1999
Lot Details
- 2
Parking
- 3 Car Attached Garage
Home Design
- Colonial Architecture
- Shingle Roof
Interior Spaces
- 2-Story Property
- Built-In Features
- Crown Molding
- Ceiling height of 9 feet on the main level
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Gas Fireplace
- Sliding Doors
- Entrance Foyer
- Great Room
- Dining Room
- Home Office
- Bonus Room
- Center Hall
- Water Views
Kitchen
- Breakfast Bar
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- 3 Full Bathrooms
- In-Law or Guest Suite
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- In Ground Pool
- Patio
- Shed
- Outbuilding
Schools
- Newell Elementary School
- Stonebridge Middle School
- Allentown High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Well
- Natural Gas Water Heater
- Septic System
Additional Features
- Solar Power System
- Fenced
- Horse or Livestock Barn
- Run-In Shed
Community Details
- No Home Owners Association
- Stone Tavern Est Subdivision
Listing and Financial Details
- Assessor Parcel Number 51-00013-02-00006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2020
Closed on
Sep 23, 2020
Sold by
Norman Richard and Norman Robyn
Bought by
Knudsen Kenneth A and Loudon Suzanne L
Seller's Agent
Edward Smires
Smires & Associates
Buyer's Agent
Stacy Butewicz
Gloria Nilson & Co. Real Estate
List Price
$1,100,000
Sold Price
$980,000
Premium/Discount to List
-$120,000
-10.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,042
Avg. Annual Appreciation
9.67%
Original Mortgage
$765,000
Outstanding Balance
$688,070
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$829,972
Purchase Details
Listed on
Jan 27, 2014
Closed on
Apr 15, 2014
Sold by
Miller Peter and Miller Elizabeth
Bought by
Norman Richard
Seller's Agent
Donna Clark
Berkshire Hathaway HomeServices Zack Shore REALTORS
Buyer's Agent
Jim Befarah
Berkshire Hathaway HomeServices Fox & Roach - Perrineville
Sold Price
$925,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%
Purchase Details
Closed on
Feb 7, 2003
Sold by
Bruzzese Ferdinand
Bought by
Miller Peter and Miller Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.94%
Purchase Details
Closed on
Feb 18, 1999
Sold by
Miriz Corp
Bought by
Bruzzese Ferdinand and Bruzzese Wanda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.95%
Similar Homes in Allentown, NJ
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Knudsen Kenneth A | $980,000 | Premier Abstract & Ttl Agcy | |
| Norman Richard | $925,000 | Coastal Title Agency Inc | |
| Miller Peter | $950,000 | -- | |
| Bruzzese Ferdinand | $405,440 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knudsen Kenneth A | $765,000 | |
| Previous Owner | Miller Peter D | $400,000 | |
| Previous Owner | Miller Peter | $425,000 | |
| Previous Owner | Bruzzese Ferdinand | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2020 09/24/20 | Sold | $980,000 | -10.9% | $230 / Sq Ft |
| 09/09/2020 09/09/20 | Pending | -- | -- | -- |
| 03/11/2020 03/11/20 | For Sale | $1,100,000 | +18.9% | $258 / Sq Ft |
| 04/15/2014 04/15/14 | Sold | $925,000 | -- | $217 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $22,152 | $1,037,700 | $153,900 | $883,800 |
| 2023 | $22,152 | $997,400 | $153,900 | $843,500 |
| 2022 | $18,515 | $835,500 | $153,900 | $681,600 |
| 2021 | $18,515 | $763,500 | $153,900 | $609,600 |
| 2020 | $18,018 | $746,400 | $153,900 | $592,500 |
| 2019 | $17,973 | $749,800 | $158,700 | $591,100 |
| 2018 | $18,140 | $745,600 | $175,800 | $569,800 |
| 2017 | $18,000 | $749,700 | $187,700 | $562,000 |
| 2016 | $17,731 | $747,500 | $187,700 | $559,800 |
| 2015 | $17,250 | $714,300 | $194,800 | $519,500 |
| 2014 | $16,280 | $695,200 | $156,800 | $538,400 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Smires
Seller's Agent in 2020
Edward Smires
Smires & Associates
(609) 638-2904
23 in this area
162 Total Sales
-
S
Buyer's Agent in 2020
Stacy Butewicz
BHHS Fox & Roach
-
D
Seller's Agent in 2014
Donna Clark
Berkshire Hathaway HomeServices Zack Shore REALTORS
-
Jim Befarah
Buyer's Agent in 2014
Jim Befarah
Berkshire Hathaway HomeServices Fox & Roach - Perrineville
(732) 921-4123
15 in this area
119 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22009840
APN: 51-00013-02-00006
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