NOT LISTED FOR SALE

538 Shrewsbury Ave Tinton Falls, NJ 07701

Estimated Value: $404,000 - $544,000

3 Beds
1.5 Baths
1,064 Sq Ft
$441/Sq Ft Est. Value

Highlights

  • New Kitchen
  • Colonial Architecture
  • Home Office
  • Monmouth Regional High School Rated A-
  • No HOA
  • Breakfast Room

About This Home

As of September 2020

Completely renovated charming Colonial in Tinton Falls. This is also a Commercial Property. There is a possibility for use an office or home office as well. It can be leased as a residential, mixed use, or commercial use as well. The home is completely renovated and is ready for occupancy.

Last Agent to Rent the Property

Claude Ranieri

American Realty Associates License #8641368 Listed on: 07/18/2020

Co-Listed By

Matthew Ranieri

American Realty Associates License #0902194

Last Renter's Agent

Claude Ranieri

American Realty Associates License #8641368 Listed on: 07/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,409

Year Built

  • Built in 1930

Lot Details

  • 3,615

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,064 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Thermal Windows
  • French Doors
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Parking

  • No Garage
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

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
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 4/1/20
  • Assessor Parcel Number 49-00013-04-00084

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,409

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2020-04-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1449
  • Co List Office Phone: 732-946-2200
  • Inclusions: Timer Thermostat, Stove, Ceiling Fan(s), Outdoor Lighting, Refrigerator, Dishwasher, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Laminate
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Tinton Falls
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Recessed Lighting: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Timer Thermostat: Yes
  • Parking Unpaved: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Living Room Floor - Laminate3: Yes
  • Dining Room Floor - Laminate7: Yes
  • Floors Laminate: Yes
  • Kitchen French Doors5: Yes
  • Contract Info Available Date: 2020-04-01
  • Lease Requirements Security Deposit4: Yes
  • Rooms Breakfast: Yes
  • Foyer Dec Molding2: Yes
  • Included Outdoor Lighting3: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 12
  • Stories: 2
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Basement3: Yes
  • Other Rooms:Office2: Yes
  • Primary Bedroom Floor - Laminate8: Yes
  • Primary Bedroom Level Second39: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Thermal Window, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Other, Off Street, None, Unpaved
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Tinton Falls

Lot Info

  • Parcel #: 49-00013-04-00084

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Sangari and Rajinder
Bought by
Castro Orlando Perez and Delgado Tlalpachitoc
Current Estimated Value
$469,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Outstanding Balance
$319,567
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$149,763

Purchase Details

Closed on
Sep 17, 2003
Sold by
Two Rivers Construction Llc
Bought by
Flores Jose and Guerrero Santos

Purchase Details

Closed on
Jan 24, 2003
Sold by
Lutzker Gertie
Bought by
Two Rivers Construction Llc
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
Castro Orlando Perez $345,000 Counsellors Title
Flores Jose $230,000 --
Two Rivers Construction Llc $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Orlando Perez $338,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Rented $25,200 +1045.5% --
08/27/2020 08/27/20 Under Contract -- -- --
08/19/2020 08/19/20 Price Changed $2,200 -4.3% $2 / Sq Ft
07/18/2020 07/18/20 Price Changed $2,300 0.0% $2 / Sq Ft
07/18/2020 07/18/20 For Rent $2,300 -4.2% --
07/01/2020 07/01/20 Off Market $2,400 -- --
05/11/2020 05/11/20 Price Changed $2,400 -2.0% $2 / Sq Ft
03/27/2020 03/27/20 Price Changed $2,450 -5.8% $2 / Sq Ft
03/17/2020 03/17/20 For Rent $2,600 -- --
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 $5,409 $363,500 $178,500 $185,000
2024 $5,183 $372,000 $191,300 $180,700
2023 $5,183 $337,000 $159,700 $177,300
2022 $4,660 $295,900 $118,100 $177,800
2021 $4,660 $240,600 $96,700 $143,900
2020 $4,784 $238,600 $97,900 $140,700
2019 $4,730 $236,500 $96,600 $139,900
2018 $4,435 $221,300 $98,600 $122,700
2017 $4,706 $229,100 $125,700 $103,400
2016 $5,052 $240,800 $125,700 $115,100
2015 $4,932 $237,800 $125,700 $112,100
2014 $5,576 $256,500 $125,700 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22010650

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 49-00013-04-00084