NOT LISTED FOR SALE

71 Cherry Tree Farm Rd Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $911,000 - $1,124,000

5 Beds
6 Baths
3,694 Sq Ft
$285/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $999,900 $271 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,924/month

Highlights

  • 1.37 Acre Lot
  • Wood Burning Stove
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of August 2024

For Rent Available Now! A rare opportunity to rent an iconic home in desirable Middletown NJ. This Center-hall Colonial features 5 Bedrooms, 3 full bathrooms, 3 half bathrooms, a full basement, walk-up attic and 2 car detached garage. Situated on 1.37 acres of property. Newer kitchen has a full stainless steel appliance package with a viking stove, granite countertops, marbled backsplash and shaker style cabinetry. Hardwood flooring throughout. Generous sized bedrooms with two en-suite bathrooms. Three fireplaces and a wood burning stove. Close to Middletown shopping, restaurants, NJ transit, GSP, beaches, Seastreak Ferry, and Middletown twp schools. Application required. Inquire today!

Last Agent to Rent the Property

Casey Gesuelli

Kalian Real Estate , LLC License #1754701 Listed on: 06/19/2024

Last Renter's Agent

Frances Egan

Weichert Realtors-Holmdel License #1970252

Weichert Realtors-Holmdel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,488

Year Built

  • Built in 1949

Lot Details

  • 1.37

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,694 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Stove
  • Sliding Doors
  • Center Hall
  • Walkup Attic

Kitchen

  • Stove
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Schools

  • New Monmouth Elementary School
  • Thorne Middle School
  • Middle North High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Additional Features

  • Storage Shed
  • 1.37 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $8,250
  • Property Available on 7/1/24
  • Assessor Parcel Number 32-00553-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,488

Year Built

Built in 1949

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2024-07-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Storage Shed, Washer, Stove, Ceiling Fan(s), Microwave, Refrigerator, Wood Stove, Dishwasher, Dryer, Freezer
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Attic, Attic - Walk Up, Center Hall, Sliding Door, Recessed Lighting
  • Year Built: 1949
  • Contract Info List PriceSqFt: 1.41
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 1.37
  • Location Middle School: Thorne
  • Cooling Central Air: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Foyer Floor - Wood: Yes
  • Contract Info Available Date: 2024-07-01
  • Maintenance Fees Security Deposit3: 8250.0
  • Lease Requirements Security Deposit4: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Cooling Multi Units: Yes
  • Interior Attic - Walk Up: Yes
  • Allowable Dogs2: Yes
  • Included Wood Stove: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Included Storage Shed2: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 4
  • Stories: 4
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances Included:Freezer: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes

Exterior Features

  • Acres: 1.37
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Driveway, Detached, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Thorne

Lot Info

  • Lot Size Sq Ft: 59677.2
  • Parcel #: 32-00553-0000-00001

MLS Schools

  • Elementary School: New Monmouth
  • High School: Middle North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
May 29, 2024
Sold by
Vansant John D and Vansant Nancy
Bought by
Commaroto-Roverini Brian M and Commaroto-Roverini Alice
Seller's Agent
Lara Krall
Bottone Realty Group Inc
Buyer's Agent
Casey Gesuelli
Kalian Real Estate , LLC
List Price
$999,900
Sold Price
$999,900
Views
77
Current Estimated Value
$1,054,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,110
Avg. Annual Appreciation
3.55%
Original Mortgage
$749,999
Outstanding Balance
$739,922
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$314,088
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
Commaroto-Roverini Brian M $999,999 Break Water Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Commaroto-Roverini Brian M $749,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2024 08/01/24 Rented $128,400 +2369.2% --
07/06/2024 07/06/24 Under Contract -- -- --
06/28/2024 06/28/24 Price Changed $5,200 -5.5% $1 / Sq Ft
06/19/2024 06/19/24 For Rent $5,500 0.0% --
05/23/2024 05/23/24 Sold $999,900 0.0% $270 / Sq Ft View Prior Sale
03/15/2024 03/15/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $999,900 -- $270 / 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 $16,488 $1,087,500 $465,500 $622,000
2024 $13,497 $1,002,300 $423,600 $578,700
2023 $13,497 $776,600 $337,800 $438,800
2022 $11,786 $687,700 $294,700 $393,000
2021 $11,786 $614,700 $276,500 $338,200
2020 $12,368 $578,500 $247,900 $330,600
2019 $12,347 $584,600 $247,900 $336,700
2018 $12,766 $589,100 $268,200 $320,900
2017 $13,366 $610,600 $299,500 $311,100
2016 $13,967 $655,400 $283,800 $371,600
2015 $14,387 $651,900 $283,800 $368,100
2014 $13,424 $593,200 $256,800 $336,400
Source: Public Records

Agents Affiliated with this Home

  • Casey Gesuelli

    Landlord's Agent in 2024

    Casey Gesuelli

    Kalian Real Estate , LLC

    (732) 343-2001

    11 in this area

    47 Total Sales

    Casey Gesuelli
    Section Image
  • Lara Krall

    Seller's Agent in 2024

    Lara Krall

    Bottone Realty Group Inc

    (973) 214-7292

    17 in this area

    75 Total Sales

    Lara Krall
    Section Image

  • F

    Tenant's Agent in 2024

    Frances Egan

    Weichert Realtors-Holmdel

    (908) 902-4038

    2 in this area

    29 Total Sales

    Frances Egan
    Section Image
  • Luis Sanchez

    Buyer Co-Listing Agent in 2024

    Luis Sanchez

    Keller Williams Realty Central Monmouth

    (973) 220-0694

    2 in this area

    38 Total Sales

    Luis Sanchez
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22417244

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00553-0000-00001

New Jersey Monmouth County Middletown 07748 New Monmouth

71 Cherry Tree Farm Rd, Middletown, NJ

Not Listed for Sale

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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