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2 Hospitality Way

2 Hospitality Way, Englishtown, NJ 07726
House in Monmouth
Sold Nov 05, 2020
$354,100
$347,685 by Newrez Llc
Mortgage Due Nov 01, 2050
Sold Jul 26, 2017
Transfer
Local assessors in Englishtown, NJ have categorized 2 Hospitality Way as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 7,710 square feet. The linear feet between the front and back of the lot was measured at 940 ft and the front of the lot was measured at 820 ft. 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 7 rooms in the home. Of these, 3 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 are also 2 partial bathrooms. 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 2 Hospitality Way has a total of 1,728 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 405 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 patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of unknown 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2 Hospitality Way sold most recently in Sep 4, 2020 for a total of $354,100. If you work out the math, that's approximately a cost of $204.92 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,885 in taxes each year. 2 Hospitality Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $456,100. If we break it down further, the land itself was valued at $189,800. Improvements to the property, however, were assessed at a total of $266,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 405
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,710
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HERNANDEZ CARMEN R CECILIO
  • Current Owner 2: MELENDEZ EDWIN
  • Previous Owner : US BANK TRUST NA
  • Owner Before Previous Owner: BOULTON BAILEY ERIC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Manalapan-Englishtown Regional School District
  • Census Tract: 810300

Zoning

  • Zoning: MU0

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 13
  • Parcel: 13 00002-0000-00002- 19
  • Block: 2
  • Lot: 2.19
  • Municipality: ENGLISHTOWN BORO
  • Latitude: 40.2992
  • Longitude: -74.3651

    Address

  • Full Address: 2 Hospitality Way
  • Address - House Number: 2
  • Address - Street Name: Hospitality
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Englishtown
  • Carrier Code: C018
  • 4-Digit Zip Code: 1646
  • Zip Code: 07726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,885

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 547,198
  • High Value: 653,559
  • Low Value: 440,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $347,685
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Nov 05, 2020
  • First Open Lien Mortgage Loan Amount: $347,685
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $456,100
  • Market Land Value: $189,800
  • Market Improvement Value: $266,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $456,100
  • Assessed Land Value: $189,800
  • Assessed Improvements Value: $266,300

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Transaction ID: 11799476353
  • Current Sale Price: $354,100
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020131104
  • Previous Sale Recording Date: Jul 26, 2017
  • Previous Sale Contract Date: May 11, 2017
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Nov 05, 2020
  • First Mortgage Loan Amount: $347,685
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

About Englishtown



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2 Hospitality Way located in?
The 2 Hospitality Way is a house located in the neighborhood of Monmouth in Englishtown, Englishtown.
What is the average sales price for listings in 2 Hospitality Way?
The average sales price for units in 2 Hospitality Way is $378,200 , or $219/sqft. currently.

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