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11 Cutter Court

11 Cutter Court, Cream Ridge, NJ 08514
House in Monmouth
Sold Oct 12, 2022
$775,000
$620,000 by Absolute Home Mortgage Corpora
Mortgage Due Oct 01, 2052
Sold Oct 08, 2020
$560,000
$549,857 by Crosscountry Mortgage Llc
Mortgage Due Sep 01, 2050
Local assessors in Cream Ridge, NJ have categorized 11 Cutter Court as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 120,226 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11 Cutter Court has a total of 3,196 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,683 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11 Cutter Court was last sold in Sep 27, 2022 for $775,000. According to our calculations, that's $242.49 per sqft. Prior to that sales transaction, the property was sold for $560,000 in Aug 31, 2020. Current property owners are expected to pay $16,433 in taxes per year. The property on 11 Cutter Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $739,900. To break that down further, the land itself was valued at $165,900. While improvements to the property were assessed at a total of $574,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Attached Garage
Oversized Parking

Building Style

Colonial
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,683
  • Garage Type: Mixed use
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 120,226
  • Total Building Area: 3,196
  • Building Area: 3,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAJOR SUBDIVISION
  • Land Acres: 2.76
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MANTZ MATTHEW T
  • Current Owner 2: STRANG LEAH A
  • Previous Owner : RITSON KENNETH ALAN
  • Previous Owner 2: RITSON KENNETH ALAN
  • Owner Before Previous Owner: SUPREME ESTATES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Upper Freehold Regional School District
  • Census Tract: 811900

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: TAX MAP 18.1
  • District: 51
  • Parcel: 51 00032-0000-00004- 16
  • Block: 32
  • Lot: 4.16
  • Municipality: UPPER FREEHOLD TWP
  • Latitude: 40.1319
  • Longitude: -74.4894

    Address

  • Full Address: 11 Cutter Ct
  • Address - House Number: 11
  • Address - Street Name: Cutter
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Cream Ridge
  • Carrier Code: R401
  • 4-Digit Zip Code: 1924
  • Zip Code: 08514

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,433

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 846,826
  • High Value: 988,112
  • Low Value: 705,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $620,000
  • First Open Lien Mortgage Lender: ABSOLUTE HOME MORTGAGE CORPORA
  • First Open Lien Mortgage Recording Date: Oct 12, 2022
  • First Open Lien Mortgage Loan Amount: $620,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $739,900
  • Market Land Value: $165,900
  • Market Improvement Value: $574,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $739,900
  • Assessed Land Value: $165,900
  • Assessed Improvements Value: $574,000

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Oct 12, 2022
  • Current Sale Transaction ID: 11899423737
  • Current Sale Price: $775,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 102000
  • Previous Sale Recording Date: Oct 08, 2020
  • Previous Sale Contract Date: Aug 31, 2020
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ABSOLUTE HOME MORTGAGE CORPORA
  • First Mortgage Transaction Date: Oct 12, 2022
  • First Mortgage Loan Amount: $620,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 08, 2020
  • Previous Mortgage Loan Amount: $549,857
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Monmouth



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Frequently Asked Questions

What neighborhood is 11 Cutter Court located in?
The 11 Cutter Court is a house located in the neighborhood of Monmouth in Monmouth, Cream Ridge.
What is the average sales price for listings in 11 Cutter Court?
The average sales price for units in 11 Cutter Court is $0 currently.

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