NOT LISTED FOR SALE

48 Madison Ct Tinton Falls, NJ 07712

Estimated Value: $476,000 - $484,000

2 Beds
2.5 Baths
1,581 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $305,000 $193 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,285/month

140 Days on Market

Highlights

  • New Kitchen
  • Whirlpool Bathtub
  • End Unit
  • Wood Flooring
  • Loft
  • Tennis Courts

About This Home

As of April 2021

One Buyer's Loss is Another One's Gain! Don't Miss this End Unit Townhome in Park Place II! Features Include Newer Eat-in Kitchen w/Stainless Steel Appliances & Granite Countertops w/Breakfast Bar-Open to Separate Dining Room. Bright Open Living Room w/Hardwood Flooring, Gas Fireplace & 2 Sets of Sliders to Large Extended Private Patio. Huge Master Bedroom Suite w/Vaulted Ceiling, Wall of Windows & Walk-In Closet. Master Bath has Luxurious Jacuzzi Jetted Tub, Double Sized Shower & Double Sink Corian Vanity. 2nd Bedroom w/Closets & Main Full Bath in Hall. 3rd Floor Loft with a Bonus Room...Great for Home Gym or Office! Plenty of Storage Space. New Furnace & Roof Replaced in 2016. Plus a Fiscally Sound Association! Convenient to Everywhere!

Last Agent to Sell the Property

Theresa Trentacosta

RE/MAX Central Listed on: 07/25/2020

Last Buyer's Agent

Bryan Taylor

Weichert Realtors-Rumson License #1969185

Weichert Realtors-Rumson

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,402

Year Built

  • Built in 1995

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 1,581 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Light Fixtures
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Room
  • Loft
  • Bonus Room

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Mahala F. Atchison Elementary School
  • Tinton Falls Middle School
  • Monmouth Reg High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 49-00124-51-00026

Community Details

Overview

  • Association fees include trash, common area, exterior maint, fire/liab, mgmt fees, snow removal
  • 8 Units
  • Park Place II Subdivision, Adams Floorplan
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Playground
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,402

Year Built

Built in 1995

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: ADAMS
  • Reso Association Amenities: Tennis Court, Professional Management, Association, No Pool, Common Area, Landscaping, Playground
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Fire/Liab, Mgmt Fees, Snow Removal
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: Park Place II
  • Architectural Style: End Unit, Townhouse
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Loft, Sliding Door, Breakfast Bar
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1995
  • Contract Info List PriceSqFt: 202.34
  • 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: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Common Area: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • General Property Info Farm: No
  • Location Middle School: Tinton Falls
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Style Townhouse: Yes
  • Included Ceiling Fan(s): Yes
  • Living Room Fireplace - Gas7: Yes
  • Common Elements Landscaping: Yes
  • Common Elements Playground: Yes
  • Foyer Floor - Wood: Yes
  • Roof Timberline: Yes
  • Rooms Bonus Room2: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • Interior Loft: Yes
  • Common Elements Tennis Court: Yes
  • Living Room Sliding Door2: Yes
  • Rooms Loft2: Yes
  • Style End Unit: Yes
  • General Property Info # UnitsBldgs: 8.0
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath TRYVLTCATH2: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Assigned, None
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • 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: 217.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Tinton Falls

Lot Info

  • Parcel #: 49-00124-51-00026
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5402.0

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Mahala F. Atchison
  • High School: Monmouth Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Mar 25, 2021
Sold by
Knaup Al
Bought by
Raisin Patrick and Raisin Deirdre L
Seller's Agent
Theresa Trentacosta
RE/MAX Central
Buyer's Agent
Bryan Taylor
Weichert Realtors-Rumson
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%
Current Estimated Value
$482,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,466
Avg. Annual Appreciation
10.14%
Original Mortgage
$299,475
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2011
Sold by
Knaup Jennifer
Bought by
Knaup Al

Purchase Details

Closed on
Mar 13, 2008
Sold by
Knaup Al and Knaup Jennifer
Bought by
Knaup Jennifer

Purchase Details

Closed on
May 3, 2004
Sold by
Alexander Edgar
Bought by
Knaup Al and Knaup Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
5.47%

Purchase Details

Closed on
Dec 5, 1997
Sold by
Bulaga Richard
Bought by
Alexander Edgar and Alexander Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Raisin Patrick $305,000 All Ahead Title Agency
Raisin Patrick $305,000 All Ahead Title
Knaup Al -- None Available
Knaup Jennifer -- None Available
Knaup Al $262,000 --
Alexander Edgar $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raisin Patrick $299,475
Previous Owner Knaup Al $209,600
Previous Owner Alexander Edgar $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $305,000 -4.7% $193 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/25/2020 07/25/20 Price Changed $319,900 0.0% $202 / Sq Ft
07/25/2020 07/25/20 For Sale $319,900 +6.7% $202 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $299,900 -- $190 / 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 $6,461 $484,500 $245,500 $239,000
2024 $6,046 $449,000 $215,500 $233,500
2023 $6,046 $396,200 $175,000 $221,200
2022 $5,416 $325,700 $115,000 $210,700
2021 $5,416 $281,200 $105,000 $176,200
2020 $5,530 $277,200 $105,000 $172,200
2019 $5,402 $271,200 $100,000 $171,200
2018 $5,261 $263,300 $100,000 $163,300
2017 $5,190 $253,300 $95,000 $158,300
2016 $5,121 $244,300 $90,000 $154,300
2015 $5,014 $242,200 $90,000 $152,200
2014 $5,114 $236,300 $70,000 $166,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Theresa Trentacosta

    RE/MAX

  • B

    Buyer's Agent in 2021

    Bryan Taylor

    Weichert Realtors-Rumson

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22011437

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 49-00124-51-00026

New Jersey Monmouth County Tinton Falls 07712

48 Madison Ct, Tinton Falls, NJ

Not Listed for Sale

Townhouses

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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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