$515,000
SOLD SEP 25, 2024

42 Cherry Tree Farm Rd Middletown, NJ 07748

New Monmouth Neighborhood
4 Beds
3 Baths
2,148 Sq Ft
0.36 Acres

Recently Sold

$240 Per Sq Ft

8% Above List Price

13 Days on Market

Highlights

  • Outdoor Pool
  • No HOA
  • Forced Air Zoned Heating and Cooling System
  • 1 Fireplace
  • Patio
  • 1-Story Property

About This Home

As of September 2024

Welcome to this spacious diamond in the rough, boasting over 2,100 square feet of potential waiting to be unlocked! Nestled in a peaceful neighborhood, this home offers a fantastic opportunity for those looking to invest in a property they can truly make their own.

Last Agent to Sell the Property

Maureen Yetman

C21 Thomson & Co. Brokerage Email: yetmanmaureen@gmail.com License #9695557 Listed on: 08/16/2024

Last Buyer's Agent

Tammy Aversa

C21 Thomson & Co. License #1866649

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,708

Year Built

  • Built in 1954

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 91 x 171

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32-00628-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,708

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: yetmanmaureen@gmail.com
  • Subdivision Name: None
  • Architectural Style: Split Level
  • New Construction: No
  • Year Built: 1954
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.36
  • General Property Info Lot Dimensions: 91 x 171
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Style Split Level: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.36
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

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

Lot Info

  • Lot Dimensions: 91 x 171
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 32-00628-0000-00003

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10708.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 26, 2024
Sold by
Perlongo Patricia
Bought by
Nguyen Philip
Seller's Agent
Maureen Yetman
C21 Thomson & Co.
Buyer's Agent
Tammy Aversa
C21 Thomson & Co.
List Price
$479,000
Sold Price
$515,000
Premium/Discount to List
$36,000
7.52%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.32%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Bargain Sale Deed $515,000 None Listed On Document
Bargain Sale Deed $515,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $759,990 -1.3% $354 / Sq Ft
06/12/2025 06/12/25 For Sale $769,990 +49.5% $358 / Sq Ft
09/25/2024 09/25/24 Sold $515,000 +7.5% $240 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $479,000 -- $223 / 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 $11,132 $606,200 $414,700 $191,500
2024 $10,708 $676,700 $364,800 $311,900
2023 $10,708 $616,100 $313,600 $302,500
2022 $9,367 $570,700 $285,800 $284,900
2021 $9,367 $484,300 $230,900 $253,400
2020 $10,393 $486,100 $238,400 $247,700
2019 $10,526 $498,400 $252,200 $246,200
2018 $10,025 $462,600 $227,800 $234,800
2017 $9,422 $443,600 $213,100 $230,500
2016 $9,330 $437,800 $213,100 $224,700
2015 $9,287 $434,800 $213,100 $221,700
2014 $8,445 $385,800 $183,100 $202,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Lara Glassman

    Keller Williams Realty Central Monmouth

    (646) 460-4020

    7 Total Sales

    Lara Glassman
    Section Image
  • Maureen Yetman

    Seller's Agent in 2024

    Maureen Yetman

    C21 Thomson & Co.

    (732) 687-3186

    92 in this area

    191 Total Sales

    Maureen Yetman
    Section Image
  • Tammy Aversa

    Buyer's Agent in 2024

    Tammy Aversa

    C21 Thomson & Co.

    (732) 945-7035

    7 in this area

    44 Total Sales

    Tammy Aversa
    Section Image

  • E

    Buyer Co-Listing Agent in 2024

    Erin Yetman

    C21 Thomson & Co.

    (732) 687-9106

    4 in this area

    10 Total Sales

    Erin Yetman
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22423758

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00628-0000-00003

New Jersey Monmouth County Middletown 07748 New Monmouth

42 Cherry Tree Farm Rd, Middletown, NJ

This home is located at 42 Cherry Tree Farm Rd, Middletown, NJ 07748 and is currently priced at $515,000, approximately $239 per square foot. This property was built in 1954. 42 Cherry Tree Farm Rd is a home located in Monmouth County with nearby schools including New Monmouth Elementary School, Thorne Middle School, and Middletown High School North.

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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