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322 Wedgewood Road

322 Wedgewood Road, Morganville, NJ 07751
Property in Monmouth
Sold Mar 01, 2022
$745,000
$596,000 by Rocket Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Nov 22, 2000
$340,000
$262,000 by National City Mtg
Mortgage
Local assessors in Morganville, NJ have categorized 322 Wedgewood Road as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 7,119 square feet. The linear feet between the front and back of the lot was measured at 1,130 ft and the front of the lot was measured at 630 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 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 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 322 Wedgewood Road has a total of 2,477 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 1,203 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. 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 built-in garage for those who need a place to park their vehicle. The garage on the property is 400 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 both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gambrel 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, 322 Wedgewood Road was last sold in Jan 11, 2022 for $745,000. According to our calculations, that's $300.77 per sqft. Prior to that sales transaction, the property was sold for $340,000 in Nov 14, 2000. Current property owners are expected to pay $12,674 in taxes per year. The property on 322 Wedgewood Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $525,000. To break that down further, the land itself was valued at $253,000. While improvements to the property were assessed at a total of $272,000. 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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,203
  • Garage Type: Built-in
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,119
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,477
  • Building Area: 2,477
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,477
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GURAJAPU AMAR
  • Current Owner 2: GURAJAPU KIRANMAYI
  • Previous Owner : JIE CAO YING
  • Previous Owner 2: JIE QI
  • Owner Before Previous Owner: ESKENAS JEFFREY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Marlboro Township School District
  • Census Tract: 809503

Zoning

  • Zoning: MFDI

Geography

  • Assessors Map Reference: TAX MAP 11
  • District: 30
  • Parcel: 30 00143- 06-00003
  • Block: 143.06
  • Lot: 3
  • Municipality: MARLBORO TWP
  • Latitude: 40.3787
  • Longitude: -74.2225

    Address

  • Full Address: 322 Wedgewood Rd
  • Address - House Number: 322
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Morganville
  • Carrier Code: R085
  • 4-Digit Zip Code: 4263
  • Zip Code: 07751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,674

    Appraisal Valuation

  • Standard Deviation: 0.1871
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 869,303
  • High Value: 1,031,991
  • Low Value: 706,615

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $596,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $596,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $525,000
  • Market Land Value: $253,000
  • Market Improvement Value: $272,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,000
  • Assessed Land Value: $253,000
  • Assessed Improvements Value: $272,000

    Sales

  • Current Sale Contract Date: Jan 11, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11880794469
  • Current Sale Price: $745,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 23413
  • Previous Sale Recording Date: Nov 22, 2000
  • Previous Sale Contract Date: Nov 14, 2000
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $596,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MTG
  • Previous Mortgage Transaction Date: Nov 22, 2000
  • Previous Mortgage Loan Amount: $262,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 322 Wedgewood Road located in?
The 322 Wedgewood Road is a located in the neighborhood of Monmouth in Monmouth, Morganville.
What is the average sales price for listings in 322 Wedgewood Road?
The average sales price for units in 322 Wedgewood Road is $0 currently.

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