NOT LISTED FOR SALE

893 Monmouth Rd Cream Ridge, NJ 08514

Estimated Value: $634,000 - $706,964

5 Beds
3 Baths
2,966 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $449,000 $151 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,406/month

40 Days on Market

Highlights

  • 1.63 Acre Lot
  • 2 Fireplaces
  • 3 Car Detached Garage
  • Deck
  • Balcony
  • Patio

About This Home

As of October 2021

This home is located at 893 Monmouth Rd, Cream Ridge, NJ 08514 since 22 June 2021 and is currently estimated at $660,741, approximately $222 per square foot. This property was built in 1980. 893 Monmouth Rd is a home located in Ocean County with nearby schools including Dr. Gerald H. Woehr Elementary School, New Egypt Middle School, and New Egypt High School.

Last Agent to Sell the Property

Shannon DePinto

Coldwell Banker Realty License #2075078 Listed on: 06/22/2021

Last Buyer's Agent

Shannon DePinto

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,676

Year Built

  • Built in 1980

Lot Details

  • 1.63 Acre Lot

Parking

  • 3 Car Detached Garage
  • Common or Shared Parking
  • Open Parking

Home Design

  • Triplex
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,966 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • 2 Fireplaces
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Insulated Doors
  • Ceramic Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Adamsville Elementary School
  • New Egypt Middle School
  • New Egypt High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil Above Ground
  • Furnace
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $43,200
  • Fenced Storage

Listing and Financial Details

  • Exclusions: Tenants personal property
  • The owner pays for yard maintenance, snow removal, heat, garbage removal, electricity
  • Assessor Parcel Number 24 00041-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,676

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Ceramic Tile
  • Reso Interior Features: Balcony, Attic - Pull Down Strs, Cable TV, Recessed Lighting
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1980
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • ExteriorPatio: Yes
  • Location Middle School: New Egypt
  • WaterSewer Well: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Floors Ceramic Tile: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior Balcony: Yes
  • Interior Recessed Lighting: Yes
  • ExteriorDeck: Yes
  • Heating Oil Above Ground: Yes
  • Garage Oversized: Yes
  • Roof Sloping: Yes
  • General Property Info # Parking Spaces: 6.0
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Income Expenses Gross Income2: 43200.0
  • Unit 1 Dryer Hookup3: Yes
  • Unit 3 Water Heater3: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Commercial Zoning Industrial: Yes
  • Exterior Locked Storage2: Yes
  • Energy Features Insulated Doors: Yes
  • Energy Features Windows Energy Star Rated: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Stories: 1
  • Basement:Slab: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle, Sloping
  • Acres: 1.63
  • Waterfront: No
  • Exclusions: Tenants personal property
  • Exterior Features: Deck, Patio, Locked Storage, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Open, Common, Detached, Oversized
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: Yes
  • Parking Open: Yes
  • Parking Features:Garage Detached: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air, Oil Above Ground, Electric BB
  • HeatingYN: Yes
  • Water Source: Well
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: New Egypt

Lot Info

  • Lot Size Sq Ft: 71002.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 24 00041-0000-00001
  • Zoning Description: Industrial
  • ResoLotSizeUnits: Acres

Green Features

  • Energy Features Insulated Windows: Yes

Rental Info

  • Owner Pays: Yard Maintenance, Snow Removal, Heat, Garbage Removal, Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 43200.0

Tax Info

  • Tax Other Annual Assessment Amount: 190500.0

MLS Schools

  • Elementary School: Adamsville
  • High School: New Egypt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Oct 8, 2021
Sold by
Depinto Cosmo and Perry Maria
Bought by
Scranton Raymond Petros
Seller's Agent
Shannon DePinto
Coldwell Banker Realty
Buyer's Agent
Shannon DePinto
Coldwell Banker Realty
List Price
$669,000
Sold Price
$449,000
Premium/Discount to List
-$220,000
-32.88%
Current Estimated Value
$660,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,741
Avg. Annual Appreciation
10.08%
Original Mortgage
$440,867
Outstanding Balance
$406,786
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$244,252

Purchase Details

Closed on
Nov 25, 2015
Sold by
Depinto Maria L
Bought by
Depinto Cosmo and Perry Maria
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scranton Raymond Petros $449,000 Foundation Title Llc
Depinto Cosmo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scranton Raymond Petros $26,265
Open Scranton Raymond Petros $440,867
Previous Owner Depinto Maria L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $449,000 0.0% $151 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/02/2021 07/02/21 Price Changed $449,000 -4.3% $151 / Sq Ft
06/22/2021 06/22/21 Price Changed $469,000 -29.9% $158 / Sq Ft
06/22/2021 06/22/21 For Sale $669,000 -- $226 / 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
2024 $9,676 $333,300 $142,800 $190,500
2023 $9,232 $333,300 $142,800 $190,500
2022 $9,232 $333,300 $142,800 $190,500
2021 $8,909 $333,300 $142,800 $190,500
2020 $8,702 $333,300 $142,800 $190,500
2019 $8,522 $333,300 $142,800 $190,500
2018 $8,672 $333,300 $142,800 $190,500
2017 $8,522 $333,300 $142,800 $190,500
2016 $8,399 $333,300 $142,800 $190,500
2015 $8,163 $333,300 $142,800 $190,500
2014 $7,973 $333,300 $142,800 $190,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Shannon DePinto

    Coldwell Banker Realty

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22120127

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 24-00041-0000-00001

New Jersey Ocean County Cream Ridge 08514

893 Monmouth Rd, Cream Ridge, NJ

This home is located at 893 Monmouth Rd, Cream Ridge, NJ 08514 since 22 June 2021 and is currently estimated at $660,741, approximately $222 per square foot. This property was built in 1980. 893 Monmouth Rd is a home located in Ocean County with nearby schools including Dr. Gerald H. Woehr Elementary School, New Egypt Middle School, and New Egypt 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.

Nearby Homes