$112,000
SOLD FEB 26, 2016

616 Route 524 Allentown, NJ 08501

-- Bed
-- Bath
1,904 Sq Ft
1.91 Acres

Recently Sold

$59 Per Sq Ft

10% Below List Price

109 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Farm
  • Allentown High School Rated A-

About This Home

As of June 2017

Block 15 Lot 46.01 (1.91 Acres) Beautiful 1.91 Acre Lot available and waiting for you. Attention Horse Owners and Wildlife enthusiast. Great opportunity to own a building lot in Monmouth County - As per engineer building lot ready to go - waiting for building plans. Property can also front Harmony Hill Rd overlooking Assunpink Wildlife Management Area. Horse Park of New Jersey is withing walking/riding distance. Build your dream house - priced to sell.

Last Agent to Sell the Property

Beth Kimmick

ERA Central Realty Group - Cream Ridge Listed on: 09/27/2015

ERA Central Realty Group - Cream Ridge

Co-Listed By

Thomas Hogan

Century 21 Action Plus Realty - Freehold

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,423

Lot Details

  • 1.91 Acre Lot
  • Property is zoned LAND

Home Design

  • Farm

Additional Features

  • En-Suite Primary Bedroom
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00046 01-QFARM
  • Assessor Parcel Number 51-00015-00046 01-QFARM

Property Details

Property Type

Other

Est. Annual Taxes

$8,423

Lot Details

0

Listing Details

  • Property Type: Farm
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Block 15 Lot 46.01 (1.91 Acres) Beautiful 1.91 Acre Lot available and waiting for you. Attention Horse Owners and Wildlife enthusiast. Great opportunity to own a building lot in Monmouth County - As per engineer building lot ready to go - waiting for building plans. Property can also front Harmony Hill Rd overlooking Assunpink Wildlife Management Area. Horse Park of New Jersey is withing walking/riding distance. Build your dream house - priced to sell.
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 0

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Street Number Modifier: 616-1

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Sewer System

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: UPPER FREEHOLD REGIONAL SCHOOLS
  • School District Key: 300200396616

Lot Info

  • Land Assessed Value: 100.00
  • Lot Size Acres: 1.91
  • Lot Dimensions: 100X46, LotWidth:100 X LotDepth:46
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 83200.00
  • Zoning: LAND

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3666817
  • Tax Annual Amount: 2.00
  • Assessor Parcel Number: 51-00015-00046 01-QFARM
  • Tax Lot: 00046 01-QFARM
  • Tax Year: 2016
  • Close Date: 02/26/2016

MLS Schools

  • School District Name: UPPER FREEHOLD REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2016
Closed on
Jun 20, 2017
Sold by
Tka Partners Llc
Bought by
Elias Karen J and Elias Mark T
Seller's Agent
Stanton Sandford
ERA Central Realty Group - Cream Ridge
Buyer's Agent
Stanton Sandford
ERA Central Realty Group - Cream Ridge
List Price
$335,000
Sold Price
$270,000
Premium/Discount to List
-$65,000
-19.4%
Current Estimated Value
$578,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,665
Avg. Annual Appreciation
9.85%
Original Mortgage
$265,109
Interest Rate
3.91%

Purchase Details

Closed on
Jun 4, 2015
Sold by
Evanko Thelma
Bought by
Tka Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.87%
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 Type Sale Price Title Company
Deed $270,000 --
Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,849 FHA
Closed $265,109 No Value Available
Closed -- No Value Available
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $270,000 -10.0% $142 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
11/11/2016 11/11/16 Price Changed $300,000 -10.4% $158 / Sq Ft
10/31/2016 10/31/16 For Sale $335,000 +199.1% $176 / Sq Ft
02/26/2016 02/26/16 Sold $112,000 -10.3% $59 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
09/27/2015 09/27/15 For Sale $124,900 -- $66 / Sq Ft
Source: Bright MLS

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 $8,423 $424,500 $215,500 $209,000
2024 $7,709 $390,700 $163,000 $227,700
2023 $7,709 $347,100 $129,800 $217,300
2022 $6,916 $336,700 $129,800 $206,900
2021 $6,916 $285,200 $120,400 $164,800
2020 $6,774 $280,600 $120,400 $160,200
2019 $6,683 $278,800 $120,400 $158,400
2018 $6,662 $273,800 $126,700 $147,100
2017 $7,117 $296,400 $126,600 $169,800
2016 $6,997 $295,000 $126,600 $168,400
2015 $7,062 $300,900 $152,000 $148,900
2014 $6,775 $290,900 $177,000 $113,900
Source: Public Records

Agents Affiliated with this Home

  • Stanton Sandford

    Seller's Agent in 2017

    Stanton Sandford

    ERA Central Realty Group - Cream Ridge

    (609) 577-0475

    3 in this area

    36 Total Sales

    Stanton Sandford
    Section Image
  • Beth Kimmick

    Seller's Agent in 2016

    Beth Kimmick

    ERA Central Realty Group - Cream Ridge

    (732) 740-9397

    55 Total Sales

    Beth Kimmick
    Section Image
  • Thomas Hogan

    Seller Co-Listing Agent in 2016

    Thomas Hogan

    Century 21 Action Plus Realty Brand

    (732) 814-9111

    8 Total Sales

    Thomas Hogan
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002707668

Bright MLS

APN: 51-00014-0000-00001

New Jersey Monmouth County Allentown 08501

616 Route 524, Allentown, NJ

This home is located at 616 Route 524, Allentown, NJ 08501 and is currently priced at $112,000, approximately $58 per square foot. 616 Route 524 is a home located in Monmouth County with nearby schools including Newell Elementary School, Stonebridge Middle School, and Allentown High School.

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