NOT LISTED FOR SALE

51 Main St Farmingdale, NJ 07727

Estimated Value: $356,000

3 Beds
2 Baths
1,777 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $290,000 $163 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,296/month

100 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • No HOA
  • Howell High School Rated A-
  • Workshop
  • Den

About This Home

As of July 2020

RARE FIND! Be the proud new owner of 51 Main & bring this GEM back to its glory days. You don't see many homes like this anymore with GORGEOUS hardwood floors, DETAILED trim woodwork throughout, french pocket doors, full WALKOUT basement/workshop, wrap around PORCH, the list goes on and on! Centrally located in Farmingdale Borough, this house is Zoned VILLAGE COMMERCIAL & can be used for a variety of businesses or as a residential home. Enjoy sipping lemonade on the front porch watching the famed Memorial Day Parade go by, or your patients/clients/guests can relax while waiting for their appointment if used commercially, the choice is yours. Plenty to do with shopping & restaurants nearby and just a short drive to golf courses, parks, downtown Freehold and beaches. Lot size is 139 x 115.

Last Agent to Sell the Property

Colleen Donovan

Weichert Realtors-Toms River Brokerage Phone: 732-240-0500 Listed on: 04/28/2020

Weichert Realtors-Toms River

Last Buyer's Agent

Colleen Donovan

Goldstone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,310

Year Built

  • Built in 1892

Lot Details

  • 0.88

Home Design

  • Victorian Architecture
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 1,777 Sq Ft Home
  • 3-Story Property
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Living Room
  • Dining Room
  • Den
  • Walkup Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Workshop

Parking

  • No Garage
  • Unpaved Parking

Schools

  • Farmingdale Elementary School
  • Howell High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 139 x 115

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 15-00026-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,310

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-240-0500
  • Inclusions: Dishwasher, Stove, Stove Hood, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Victorian
  • Reso Flooring: Cement, Laminate, Tile, Wood
  • Reso Interior Features: Attic - Walk Up, French Doors, Sliding Door
  • New Construction: No
  • Year Built: 1892
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • General Property Info Lot Dimensions: 139 x 115
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior French Doors: Yes
  • Exterior Porch - Open: Yes
  • Included Stove Hood: Yes
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Basement Workshop Workbench: Yes
  • Parking Unpaved: Yes
  • Floors Laminate: Yes
  • Kitchen BnookDining Area: Yes
  • Floors Tile: Yes
  • Interior Attic - Walk Up: Yes
  • Foyer Double Door Entry: Yes
  • GreatFamily Room French Doors4: Yes
  • RoofSlate: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Workshop/ Workbench, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 10
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Unfinished: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Basement3: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Slate, Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal property
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Unpaved, None
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 139 x 115
  • Parcel #: 15-00026-0000-00004
  • Zoning Description: Multi-Use

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8310.0

MLS Schools

  • Elementary School: Farmingdale Elementary
  • High School: Howell HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jul 9, 2020
Sold by
Morgan Michael R and Jennings Cynthia J
Bought by
Reed Sabrina Leigh and Reed Ross A
Seller's Agent
Colleen Donovan
Weichert Realtors-Toms River
Buyer's Agent
Colleen Donovan
Goldstone Realty
List Price
$319,900
Sold Price
$290,000
Premium/Discount to List
-$29,900
-9.35%
Current Estimated Value
$356,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,000
Original Mortgage
$246,500
Outstanding Balance
$221,377
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2020
Closed on
Jun 11, 2020
Sold by
Morgan Michael R and Jennings Cynthia J
Bought by
Morgan Michael R and Jennings Cynthis J
Seller's Agent
Colleen Donovan
Weichert Realtors-Toms River
Buyer's Agent
Colleen Donovan
Goldstone Realty
List Price
$319,900
Sold Price
$290,000
Premium/Discount to List
-$29,900
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Outstanding Balance
$221,377
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2020
Closed on
May 19, 2020
Sold by
Monwin Michel R
Bought by
County Of Monmouth
Seller's Agent
Colleen Donovan
Weichert Realtors-Toms River
Buyer's Agent
Colleen Donovan
Goldstone Realty
List Price
$319,900
Sold Price
$290,000
Premium/Discount to List
-$29,900
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Outstanding Balance
$221,377
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2019
Sold by
Morgan John P and Morgan Michael R
Bought by
Jenning Cynthia J and Morgan Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.46%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Burke Seymour and Burke Dorothy
Bought by
Morgan John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Reed Sabrina Leigh $290,000 First Integrity Ttl Agcy Llc
Morgan Michael R -- None Available
County Of Monmouth -- None Available
Jenning Cynthia J -- --
Morgan John P $380,000 Agent For Old Republic Natl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Sabrina Leigh $246,500
Previous Owner Jenning Cynthia J --
Previous Owner Morgan John P $288,000
Previous Owner Burke Seymour R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $290,000 +1.8% $163 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/03/2020 05/03/20 Price Changed $284,999 -10.9% $160 / Sq Ft
04/28/2020 04/28/20 For Sale $319,900 0.0% $180 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $319,900 -- $180 / 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
2020 $8,912 $379,100 $158,900 $220,200
2019 -- $391,400 $158,900 $232,500
2018 -- $392,900 $158,900 $234,000
2017 -- $381,000 $149,900 $231,100
2016 -- $379,000 $157,100 $221,900
2015 -- $377,800 $154,400 $223,400
2014 -- $431,400 $184,700 $246,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22007189

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 15-00026-0000-00004