NOT LISTED FOR SALE

418 Melrose Way Keyport, NJ 07735

Estimated Value: $349,000 - $371,058

2 Beds
1 Bath
688 Sq Ft
$527/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $213,000 $310 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,531/month

60 Days on Market

Highlights

  • Bay View
  • Solar Power System
  • No HOA
  • Matawan Reg High School Rated A-
  • Attic
  • 5-minute walk to Overlook Park

About This Home

As of October 2020

This ranch-style home, set on a nice-size lot, boasts a large living room, two bedrooms, one bath, a mudroom/foyer and eat-in kitchen. There is a partial basement with washer, dryer and utilities and a detached garage. Enjoy the beautiful yard that is almost entirely fenced for privacy. If you're looking for a summer home, this one is a short ride to the city with easy access to the GSP, the Matawan train station and the Belford ferry. This house is also a perfect starter home, in a friendly neighborhood with its own promenade walkway along the water leading to a beach and playground, shopping and dining in Keyport which is just down the road. MAKE ALL OFFERS KNOWN! as well as the marina seen in the photos.

Last Agent to Sell the Property

Cynthia Gelay

Coldwell Banker Realty License #0120739 Listed on: 06/22/2020

Coldwell Banker Realty

Last Buyer's Agent

Henry Eisenstein

Striker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 1946

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 56 x 101
  • Fenced
  • Oversized Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 688 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Bay Window
  • Window Screens
  • Entrance Foyer
  • Living Room
  • Bay Views
  • Storm Doors
  • Attic

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Basement Hatchway
  • Crawl Space

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party
  • Solar Heating System

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Storage Shed

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil Above Ground
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01-00322-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,723

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized
  • Inclusions: AC Units, Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dryer, Stove, Refrigerator, Screens
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Laminate, Tile, W/W Carpet
  • Reso Interior Features: Attic, Bay/Bow Window, Built-Ins
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1946
  • Contract Info List PriceSqFt: 319.62
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.13
  • General Property Info Lot Dimensions: 56 x 101
  • General Property Info Farm: No
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Included BlindsShades: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Exterior Storm Door(s): Yes
  • Interior BayBow Window: Yes
  • Style Ranch: Yes
  • Heating Oil Above Ground: Yes
  • Floors Laminate: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Parking Oversized2: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Living Room BayBow Window2: Yes
  • Exterior Solar Panels: Yes
  • Energy Features:Storm Doors: Yes
  • Energy Features Solar Panels Rented: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Crawl Space, Partial, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • Basement:Partial: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bedroom Floor - Laminate5: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.13
  • Topography: Level
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Fence, Shed, Storm Door(s), Porch - Covered, Solar Panels
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Solar, Oil Above Ground, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Solar: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 56 x 101
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 01-00322-0000-00005

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5723.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Oct 9, 2020
Sold by
English Thomas J
Bought by
Sudul Rebecca
Seller's Agent
Cynthia Gelay
Coldwell Banker Realty
Buyer's Agent
Henry Eisenstein
Striker Realty
List Price
$235,000
Sold Price
$213,000
Premium/Discount to List
-$22,000
-9.36%
Current Estimated Value
$376,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,894
Avg. Annual Appreciation
10.80%
Original Mortgage
$202,350
Outstanding Balance
$179,572
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$182,693

Purchase Details

Closed on
Sep 6, 1984
Bought by
English Thomas J
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
Sudul Rebecca $213,000 None Listed On Document
English Thomas J $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sudul Rebecca $202,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $213,000 -3.1% $310 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $219,900 -2.3% $320 / Sq Ft
07/08/2020 07/08/20 Price Changed $225,000 -4.3% $327 / Sq Ft
06/22/2020 06/22/20 For Sale $235,000 -- $342 / Sq Ft
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 $6,576 $369,100 $269,800 $99,300
2024 $5,979 $320,800 $223,400 $97,400
2023 $5,979 $275,800 $180,600 $95,200
2022 $6,165 $248,500 $157,900 $90,600
2021 $6,165 $225,900 $145,300 $80,600
2020 $5,928 $216,500 $137,700 $78,800
2019 $5,723 $203,000 $124,700 $78,300
2018 $5,409 $192,000 $117,300 $74,700
2017 $5,435 $195,700 $123,300 $72,400
2016 $4,895 $183,900 $113,300 $70,600
2015 $4,526 $172,100 $103,300 $68,800
2014 $4,564 $176,600 $108,300 $68,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cynthia Gelay

    Coldwell Banker Realty

    (908) 618-0547

    19 Total Sales

    Cynthia Gelay
    Section Image

  • H

    Buyer's Agent in 2020

    Henry Eisenstein

    Striker Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22020266

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 01-00322-0000-00005

New Jersey Monmouth County Keyport 07735

418 Melrose Way, Keyport, NJ

Not Listed for Sale

Detached

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