387 Riverdale Ave W Tinton Falls, NJ 07724
Tinton Falls NeighborhoodEstimated payment $5,214/month
Highlights
- 0.65 Acre Lot
- Monmouth Regional High School Rated A-
- Level Lot
About This Lot
ATTENTION ALL BUILDERS/INVESTORS/END-USERS! Prime renovation and/or build opportunity on a large lot, across the street from a serene park, on the Colts Neck/Lincroft border! Renovate the current house, design your own dream house, or use the FULLY APPROVED plans to build a luxury, 4,700 sf haven, plus a full 1,225 basement, circle driveway, 3 car garage, and in-ground pool! The current dwelling is a 2,223 sf, 4 bedroom, 2.1 bathroom, farmhouse colonial, with a full basement, 2 car garage, and attic space with high ceilings! The current space in the yard allows the new owner to build an entertainer's dream backyard to create memories to last a life-time. The possibilities are truly endless on this unicorn piece of property. Located within proximity of Netflix, Bell Works, & Monmouth Mall development, making this the perfect investment opportunity! Cash buyers, hard-money loan, or construction loan buyers only. Schedule your showing TODAY!
Listing Agent
Keller Williams Realty Central Monmouth License #1864740 Listed on: 07/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,612
Lot Details
- 0.65 Acre Lot
- Lot Dimensions are 167 x 170
- Level Lot
Home Design
- 2,223 Sq Ft Home
Schools
- Swimming River Elementary School
- Tinton Falls Middle School
- Monmouth Reg High School
Utilities
- Electricity To Lot Line
- Gas Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 49-00058-03-00055-01
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,973 | $661,100 | $374,400 | $286,700 |
| 2023 | $8,973 | $583,400 | $302,100 | $281,300 |
| 2022 | $9,040 | $527,600 | $259,700 | $267,900 |
| 2021 | $9,040 | $466,700 | $244,500 | $222,200 |
| 2020 | $9,191 | $458,400 | $241,200 | $217,200 |
| 2019 | $8,968 | $448,400 | $232,500 | $215,900 |
| 2018 | $9,112 | $454,700 | $248,800 | $205,900 |
| 2017 | $8,964 | $436,400 | $236,800 | $199,600 |
| 2016 | $8,870 | $422,800 | $228,200 | $194,600 |
| 2015 | $8,663 | $417,700 | $228,200 | $189,500 |
| 2014 | $9,066 | $417,000 | $211,800 | $205,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Sale | $799,000 | -57.7% | $359 / Sq Ft |
| 07/21/2025 07/21/25 | For Sale | $1,890,000 | +278.0% | $401 / Sq Ft |
| 11/22/2023 11/22/23 | Sold | $500,000 | -- | $225 / Sq Ft |
| 10/20/2023 10/20/23 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500,000 | Fidelity National Title | |
| Quit Claim Deed | -- | Hale Leila H | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $240,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $650,000 | New Conventional | |
| Previous Owner | $20,000 | New Conventional | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $171,000 | New Conventional | |
| Previous Owner | $210,000 | No Value Available |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22522301
APN: 49-00058-03-00055-01
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