NOT LISTED FOR SALE

551 Newman Springs Rd Lincroft, NJ 07738

Estimated Value: $822,416

2 Beds
1 Bath
1,996 Sq Ft
$412/Sq Ft Est. Value

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Thompson Middle School Rated A-
  • Central Air

About This Home

As of February 2014

2 bedroom apartment located on the second floor of a professional office building in the heart of Lincroft. Close to college, major highways and shopping. Sorry, no pets.

Last Agent to Rent the Property

Rosemarie Collins

Coldwell Banker Realty Listed on: 09/12/2013

Last Renter's Agent

James Giannell

New Markets Realty Inc License #7844904

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,698

Year Built

  • 1961

Lot Details

  • 0.49

Interior Spaces

  • 1-Story Property
  • Living Room
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 11/1/13
  • Assessor Parcel Number 01113000000001

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,698

Year Built

1961

Lot Details

0

Rental Info

  • Available Date: 2013-11-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Inclusions: Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2013-11-01
  • Lease Requirements Security Deposit4: Yes
  • Special Features: None
  • Year Built: 1961

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • BasementOther: Yes
  • OtherRoomsOther2: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Off Street, None, Assigned
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Open: Yes
  • Parking:Assigned2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 01113000000001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2008
Sold by
Ibrahim Adel and Hafez Faten M
Bought by
A & F Ibrahim Family Lp
Current Estimated Value
$822,416

Purchase Details

Closed on
Apr 3, 2007
Sold by
Ibrahim Adel and Hafez Faten M
Bought by
Ibrahim Adel and Hafez Faten M

Purchase Details

Closed on
Sep 30, 2004
Sold by
Reeman Christopher
Bought by
Ibrahim Adel and Hafez Faten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1995
Sold by
Hohmeier John
Bought by
Reeman Christopher and Reeman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
A & F Ibrahim Family Lp -- None Available
Ibrahim Adel -- None Available
Ibrahim Adel $415,000 --
Reeman Christopher $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibrahim Adel $332,000
Previous Owner Reeman Christopher $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2014 02/15/14 Rented $18,000 0.0% --
11/01/2012 11/01/12 Rented $18,000 -- --
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 $16,698 $1,197,300 $531,700 $665,600
2024 $17,618 $1,015,100 $360,800 $654,300
2023 $17,618 $1,013,700 $360,800 $652,900
2022 $18,104 $964,200 $345,300 $618,900
2021 $18,104 $870,400 $332,200 $538,200
2020 $21,850 $1,022,000 $332,200 $689,800
2019 $21,029 $995,700 $343,300 $652,400
2018 $21,538 $993,900 $343,300 $650,600
2017 $21,756 $993,900 $343,300 $650,600
2016 $21,289 $999,000 $343,300 $655,700
2015 $22,048 $999,000 $343,300 $655,700
2014 $22,607 $999,000 $343,300 $655,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2014

    Rosemarie Collins

    Coldwell Banker Realty

  • J

    Tenant's Agent in 2014

    James Giannell

    New Markets Realty Inc

    Section Image

  • L

    Buyer's Agent in 2012

    Lori Lustica

    VRI Homes

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21331779

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-01113-0000-00001

New Jersey Monmouth County Lincroft 07738

551 Newman Springs Rd, Lincroft, NJ

This home is located at 551 Newman Springs Rd, Lincroft, NJ 07738 since 12 September 2013 and is currently priced at $822,416. This property was built in 1961. 551 Newman Springs Rd is a home located in Monmouth County with nearby schools including Lincroft Elementary School, Thompson Middle School, and Middletown - South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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