$332,000
SOLD MAY 4, 2021

47 Tower Hill Dr Unit 14 Red Bank, NJ 07701

1 Bed
1.5 Baths
1,136 Sq Ft
$450/mo HOA Fee

Recently Sold

$292 Per Sq Ft

4% Above List Price

11 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Balcony
  • Red Bank Reg High School Rated A
  • 1 Fireplace
  • Ceiling height of 9 feet on the main level

About This Home

As of March 2025

**Highest & Best by Wed. 3/10 at 12pm** Don't wait! Here is your opportunity to own a beautifully kept, spacious 1 bedroom condo located in the serene, park like setting of Tower Hill. With high, vaulted ceilings and gleaming hardwood floors throughout, this is one you will definitely want to add to your list of ''must see's''! This unit offers a nice open layout with a large master bedroom, oversized en suite bathroom with a newly tiled shower, laundry in unit and a 1 car garage with bonus storage space. Enjoy your summers sitting by the pool or playing on the tennis courts. Close to beaches, within walking distance to down town Red Bank and conveniently located near the train, bus and ferry makes this an ideal location for all!

Last Agent to Sell the Property

Tara Macchia

Weichert Realtors-Rumson License #1864160 Listed on: 03/05/2021

Weichert Realtors-Rumson

Last Buyer's Agent

Mary Lou Mannino

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #0572590

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,383

Year Built

  • Built in 1987

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet on the main level
  • Light Fixtures
  • 1 Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Dishwasher

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

Utilities

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

Additional Features

  • Balcony
  • Upper Level

Listing and Financial Details

  • Exclusions: personal items
  • 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, sewer, snow removal, water
  • Tower Hill Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,383

Year Built

Built in 1987

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • ResoPoolFeatures: Common, In Ground
  • Reso Association Amenities: Tennis Court, Pool, Common Area
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Pool, Sewer, Snow Removal, Water
  • Inclusions: Washer, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Stove, Refrigerator
  • Subdivision Name: Tower Hill
  • Architectural Style: Upper Level, Condo
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Ceilings - 9Ft+ 1st Flr, Sliding Door
  • 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 Assigned Parking: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: 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
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Kitchen Sliding Door5: Yes
  • Kitchen Eat-In: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Tennis Court: Yes
  • SidingStucco: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.03
  • Waterfront: No
  • Exclusions: personal items
  • Exterior Features: Balcony, Swimming, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Common
  • General Property Info:Garage: Yes
  • GarageParking:Common: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

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

Lot Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6383.0

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
$453,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,846
Avg. Annual Appreciation
1.39%
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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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: 22106039

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00052-01-00008-08