NOT LISTED FOR SALE

35 Madison Ct Unit 21 Tinton Falls, NJ 07712

Estimated Value: $468,530 - $490,000

2 Beds
2.5 Baths
1,652 Sq Ft
$289/Sq Ft Est. Value

Highlights

  • Home Theater
  • Jogging Path
  • Walk-In Closet
  • Contemporary Architecture
  • Crown Molding
  • Patio

About This Home

As of October 2020

Enjoy living at Park Place 2 in this spacious and open design 3 story Townhome. Gather around the fireplace in the expansive Living Room & Dining Room. Meal prep is easy in this Kitchen that opens to the Living areas and features a serving counter. Two Bedrooms on 2nd floor plus a large 3rd floor Media Room is perfect for a Home Office or Gym. Master includes a large walk-in-closet and en-suite Master Bath. Private Patio is an ideal spot to relax with a good book, morning coffee, and to host a BBQ after a day at the beach. This community offers Tennis Courts and a Playground. Near top restaurants, shopping, and the Jersey Shore including famous Asbury Park and Long Branch Pier Village. Just off the GS Pkway and Rt 18 and easy an easy NY commute on NJ Trains and Ferry. Room sizes approx. Virtual showings - tenant occupied. Available on or about October 1.

Last Agent to Rent the Property

Lori Saybolt

Heritage House Sotheby's International Realty License #0902212 Listed on: 08/30/2020

Heritage House Sotheby's International Realty

Last Renter's Agent

Lori Saybolt

Heritage House Sotheby's International Realty License #0902212 Listed on: 08/30/2020

Heritage House Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1997

Lot Details

  • 871 Sq Ft Lot
  • Landscaped

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 1,652 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Gas Fireplace
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Dining Room
  • Home Theater

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Common or Shared Parking
  • Paved Parking
  • Visitor Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Mahala F. Atchison Elementary School
  • Tinton Falls Middle School
  • Mater Dei High School

Utilities

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

Listing and Financial Details

  • Property Available on 10/1/20
  • Exclusions: Personal items
  • Assessor Parcel Number 49-00124-51-00021

Community Details

Overview

  • Property has a Home Owners Association
  • Park Place Ii Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Jogging Path

Townhouse Details

Home Type

Townhome

Year Built

Built in 1997

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2020-10-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Reso Association Amenities: Common Area, Jogging Path, Landscaping, Playground
  • Inclusions: Washer, Stove, Microwave, Outdoor Lighting, Refrigerator, Window Treatments, Dishwasher, Dryer
  • Subdivision Name: Park Place Ii
  • Architectural Style: Contemporary, Townhouse
  • Reso Flooring: Laminate
  • Reso Interior Features: Dec Molding, Sliding Door
  • Year Built: 1997
  • Contract Info List PriceSqFt: 1.33
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • General Property Info Acreage: 0.02
  • Location Middle School: Tinton Falls
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Interior Dec Molding: Yes
  • Garage None4: Yes
  • Style Townhouse: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Common Elements Landscaping: Yes
  • Common Elements Playground: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen Floor - Laminate2: Yes
  • Contract Info Available Date: 2020-10-01
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Common Elements Jogging Path: Yes
  • Included Outdoor Lighting3: Yes
  • Parking Visitor2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 3
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Media Room: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Floor - WW Carpet8: Yes
  • Primary Bedroom Level Second39: Yes

Exterior Features

  • Acres: 0.02
  • Waterfront: No
  • Exclusions: Personal items
  • Exterior Features: Patio, Lighting, Tennis Court(s)

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Paved, Common, Off Street, None, Assigned, Visitor
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Middle Or Junior School: Tinton Falls

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 49-00124-51-00021

MLS Schools

  • Elementary School: Mahala F. Atchison
  • High School: Mater Dei HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2009
Sold by
Moinar Michael and Moinar Kelly
Bought by
Schultz Kristine
Current Estimated Value
$487,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,145
Outstanding Balance
$167,775
Interest Rate
4.86%
Mortgage Type
FHA
Estimated Equity
$310,358

Purchase Details

Closed on
Oct 24, 2002
Sold by
Jersey Michael
Bought by
Colagnelo Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
6.09%

Purchase Details

Closed on
May 14, 1999
Sold by
Jordan Dewain
Bought by
Jersey Michael and Kress Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
6.92%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Hovbilt Inc
Bought by
Jordan Dewain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schultz Kristine $268,000 Fidelity Natl Title Ins Co
Colagnelo Mark $203,000 --
Jersey Michael $142,000 --
Jordan Dewain $125,455 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Kristine $263,145
Previous Owner Colagnelo Mark $152,250
Previous Owner Jersey Michael $127,800
Previous Owner Jordan Dewain $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Rented $27,500 +1150.0% --
09/27/2020 09/27/20 Under Contract -- -- --
08/30/2020 08/30/20 For Rent $2,200 -91.3% --
04/17/2018 04/17/18 Rented $25,200 +1100.0% --
04/27/2017 04/27/17 Rented $2,100 -- --
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 $5,883 $428,600 $222,200 $206,400
2024 $6,263 $408,800 $207,200 $201,600
2023 $6,263 $410,400 $190,000 $220,400
2022 $5,250 $319,800 $110,000 $209,800
2021 $5,235 $272,600 $105,000 $167,600
2020 $5,363 $268,800 $105,000 $163,800
2019 $5,235 $262,800 $100,000 $162,800
2018 $5,101 $255,300 $100,000 $155,300
2017 $5,069 $247,400 $95,000 $152,400
2016 $5,039 $240,400 $90,000 $150,400
2015 $4,860 $234,800 $90,000 $144,800
2014 $4,938 $228,200 $70,000 $158,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22013077

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 49-00124-51-00021