$450,000
SOLD MAR 17, 2025

47 Tower Hill Dr Unit 14 Red Bank, NJ 07701

1 Bed
1.5 Baths
1,136 Sq Ft
$465/mo HOA Fee

Recently Sold

$396 Per Sq Ft

2% Below List Price

18 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Breakfast Area or Nook
  • Red Bank Reg High School Rated A
  • Attic
  • Electric Vehicle Charging Station

About This Home

As of March 2025

Welcome to highly sought after Tower Hill complex of Red Bank. Tastefully updated 1 BDRM upper unit w/amazing views! Brand new roofs, A/C & gas hot water heater are among some of the many updates to this unit. Beautiful kitchen w/herringbone tiled backsplash, new stove, microwave, faucets & light fixtures. Custom blinds and beautifully painted-out of a magazine! Open floor plan w/large master bedroom, en suite bath w/newly tiled shower, done by previous owner & stackable washer/dryer. Cathedral ceilings & hardwood floors throughout - One car garage w/large storage room & hookup for electric car. Enjoy the pool & tennis courts, even pickleball! Close to mass transportation- train, bus or ferry. Minutes to town, shopping, fine dining & the beautiful Jersey Shore. Make this your new home!

Last Agent to Sell the Property

Mary Lou Mannino

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #0572590 Listed on: 01/04/2025

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

Lisa Loew Mason

Heritage House Sotheby's International Realty License #1752868

Heritage House Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,245

Year Built

  • Built in 1987

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Visitor Parking

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Additional Features

  • Sprinkler System
  • Upper Level

Listing and Financial Details

  • Exclusions: Electric car charger in garage (outlet remains).
  • Assessor Parcel Number 39-00052-01-00008-08

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, pool, snow removal, water
  • Tower Hill Subdivision
  • On-Site Maintenance
  • Electric Vehicle Charging Station

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,245

Year Built

Built in 1987

Lot Details

0

HOA Fees

$465 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Tennis Court, Professional Management, Association, Swimming, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Snow Removal, Water
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Timer Thermostat, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Self/Con Clean, Stove, Refrigerator, Screens, Garage Door Opener
  • Subdivision Name: Tower Hill
  • Architectural Style: One Level Unit, Upper Level, Condo
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Sliding Door, Recessed Lighting
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1987
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Pool Common2: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.03
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Included Window Treatments: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Included SelfCon Clean: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • Dining Room Sliding Door3: Yes
  • Parking Visitor: Yes
  • SidingStucco: Yes
  • Parking Electric Vehicle Charging Station(s): Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Stories: 1
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exclusions: Electric car charger in garage (outlet remains).
  • Exterior Features: Balcony, Sprinkler Under, Swimming, Lighting, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Electric Vehicle Charging Station(s), Common, Visitor
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 465.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 39-00052-01-00008-08
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7245.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
Feb 24, 2025
Sold by
Tortorice Vanessa A
Bought by
Campbell Casey C
Seller's Agent
Mary Lou Mannino
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Lisa Loew Mason
Heritage House Sotheby's International Realty
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Views
81
Current Estimated Value
$452,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,359
Avg. Annual Appreciation
2.03%
Original Mortgage
$149,985
Outstanding Balance
$149,473
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$302,886

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 22, 2021
Sold by
Gener Marissa D
Bought by
Tortorice Vanessa A
Seller's Agent
Tara Macchia
Weichert Realtors-Rumson
Buyer's Agent
Mary Lou Mannino
Berkshire Hathaway HomeServices Fox & Roach - Rumson
List Price
$319,000
Sold Price
$332,000
Premium/Discount to List
$13,000
4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$298,800
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2013
Closed on
Nov 22, 2013
Sold by
Maley Robin
Bought by
Gener Marissa D
Seller's Agent
Jo Ann Davenport
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Elizabeth Lubin
Gloria Nilson & Co. Real Estate
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$138,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2007
Sold by
Teilmann Inger
Bought by
Maley Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.24%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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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
Deed $450,000 Oceanview Title
Deed $450,000 Oceanview Title
Deed $332,000 None Available
Deed $230,000 Acres Land Title Agency Llc
Deed $360,000 --
Bargain Sale Deed $360,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $149,985 New Conventional
Closed $149,985 New Conventional
Previous Owner $298,800 New Conventional
Previous Owner $138,000 New Conventional
Previous Owner $324,000 Stand Alone First
Previous Owner $55,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $450,000 -2.0% $396 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/04/2025 01/04/25 For Sale $459,000 +38.3% $404 / Sq Ft
05/04/2021 05/04/21 Sold $332,000 +4.1% $292 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $319,000 +38.7% $281 / Sq Ft
12/05/2013 12/05/13 Sold $230,000 -- $202 / 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
2024 $7,245 $391,900 $224,500 $167,400
2023 $7,245 $379,100 $201,800 $177,300
2022 $6,145 $338,500 $168,800 $169,700
2021 $6,145 $274,700 $135,000 $139,700
2020 $6,646 $292,500 $165,000 $127,500
2019 $6,383 $288,700 $165,000 $123,700
2018 $6,213 $284,100 $165,000 $119,100
2017 $5,978 $283,300 $165,000 $118,300
2016 $5,906 $280,300 $165,000 $115,300
2015 $6,241 $307,000 $220,000 $87,000
2014 $5,873 $307,000 $220,000 $87,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22500282

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00008-08