RENTED MAY 1, 2025

92 Arrowood Rd Unit C Manalapan, NJ 07726

Estimated Value: $259,987 - $309,000

2 Beds
2 Baths
978 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $130,501 $133 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,819/month

Highlights

  • Golf Course Community
  • Active Adult
  • Furnished
  • Outdoor Pool
  • Clubhouse
  • Tennis Courts

About This Home

As of May 2025

Lower Level, 2 Bedroom, 2 full bath condo available for rent in the 55+ Community of Covered Bridge! Overlooking the scenic Golf Course, this unit features a separate dining room area next to the kitchen, and an enclosed sunroom which is located right off the living room. There is plenty of closet/storage space, including a walk-in-closet in the primary bedroom. Enjoy the many Covered Bridge community amenities, including an outdoor pool, gym, tennis, shuffleboard, clubhouse, and bus service. Conveniently located near shopping and restaurants.

Last Agent to Rent the Property

Desiree Zardavets

Keller Williams Realty West Monmouth License #1650389 Listed on: 03/23/2025

Keller Williams Realty West Monmouth

Last Renter's Agent

Desiree Zardavets

Keller Williams Realty West Monmouth License #1650389 Listed on: 03/23/2025

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 436

Home Design

  • Slab Foundation

Interior Spaces

  • 978 Sq Ft Home
  • 1-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Parking

  • No Garage
  • Common or Shared Parking
  • On-Street Parking
  • Assigned Parking

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Outdoor Pool
  • 436 Sq Ft Lot
  • Lower Level

Listing and Financial Details

  • Property Available on 4/1/25
  • Assessor Parcel Number 28-00425-0000-00092-03

Community Details

Overview

  • Active Adult
  • Property has a Home Owners Association
  • Covered Bridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Furnished: Yes, Unfurnished
  • Available Date: 2025-04-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Adult Community
  • ResoPoolFeatures: Common
  • Reso Association Amenities: Tennis Court(s), Golf Course, Clubhouse
  • Subdivision Name: Covered Bridge
  • Architectural Style: Lower Level
  • Year Built: 1980
  • Contract Info List PriceSqFt: 1.94
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Pool Common2: Yes
  • General Property Info Acreage: 0.01
  • Water Heater Electric2: Yes
  • WaterSewer Public Water: Yes
  • Common Elements Clubhouse: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2025-04-01
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Common Elements Golf Course: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 1
  • Furnished Yes: Yes
  • Common Elements Swimming Pool: Yes
  • Style Lower Level: Yes
  • Common Elements Tennis Court(s)2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Basement:Slab: Yes
  • Primary Bath Shower Stall2: Yes

Exterior Features

  • Acres: 0.01
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Common, On Street, None, Assigned
  • General Property Info:Garage: No
  • Parking:On Street: Yes
  • GarageParking:Common: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 28-00425-0000-00092-03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2018
Closed on
Apr 24, 2018
Sold by
Fannie Mae
Bought by
Abbatello James
Seller's Agent
David Borrero
RE/MAX Homeland Realtors
Buyer's Agent
Elaine Kong-Gee
Robert DeFalco Realty Inc.
Sold Price
$1,450
Current Estimated Value
$283,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,797
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Nov 24, 1997
Sold by
Lewis Nerish
Bought by
Saperstein Joel and Saperstein Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abbatello James $130,501 None Available
Saperstein Joel $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saperstein Joel $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2025 05/01/25 Rented $1,825 -3.9% --
04/03/2025 04/03/25 Under Contract -- -- --
03/23/2025 03/23/25 For Rent $1,900 -92.1% --
05/09/2022 05/09/22 Rented $24,000 +1163.2% --
04/21/2022 04/21/22 For Rent $1,900 +31.0% --
06/05/2018 06/05/18 Rented $1,450 0.0% --
04/27/2018 04/27/18 Sold $130,501 -- -- View Prior Sale
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 $3,943 $226,300 $100,000 $126,300
2024 $3,496 $233,600 $125,000 $108,600
2023 $3,496 $210,100 $101,000 $109,100
2022 $2,998 $174,900 $71,000 $103,900
2021 $2,998 $144,400 $52,000 $92,400
2020 $2,852 $138,900 $47,000 $91,900
2019 $2,947 $143,400 $49,000 $94,400
2018 $2,584 $125,000 $35,000 $90,000
2017 $2,448 $118,500 $32,400 $86,100
2016 $2,450 $120,000 $27,400 $92,600
2015 $2,580 $125,000 $42,200 $82,800
2014 $1,745 $105,900 $26,000 $79,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22508173

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 28-00425-0000-00092-03