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357 Tunnel Road

357 Tunnel Road, Asbury, NJ 08802
Property in Hunterdon
Sold Jan 15, 2021
Transfer
$448,514 by Financial Freedom Mortgage Llc
Mortgage Due Nov 01, 2050
Sold Nov 01, 2005
$555,000
$444,000 by American Mortgage Network Inc
Mortgage Due Nov 01, 2035
Local assessors in Asbury, NJ have categorized 357 Tunnel Road as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 229,126 square feet. If we look only at the heated or air conditioned part of the building, then 357 Tunnel Road has a total of 1,875 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $555,000 in Oct 6, 2005. Current property owners are expected to pay $12,356 in taxes per year. The property on 357 Tunnel Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $394,000. To break that down further, the land itself was valued at $122,600. While improvements to the property were assessed at a total of $271,400. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 229,126
  • Total Building Area: 1,875
  • Building Area: 1,875
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,875
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 5.26
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BRANDRIFF ELLEN G
  • Current Owner 2: BRANDRIFF WILLARD E
  • Previous Owner : DEMARCO ELLEN
  • Previous Owner 2: BRANDRIFF ELLEN G
  • Owner Before Previous Owner: FERRULLO CHRISTOPHER
  • Owner Before Previous Owner 2: FERRULLO PAMELA L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bethlehem Township School District
  • Census Tract: 010400

Zoning

  • Zoning: MR

Geography

  • Assessors Map Reference: TAX MAP 3
  • District: 02
  • Parcel: 02 00008-0000-00004- 01
  • Block: 8
  • Lot: 4.01
  • Municipality: BETHLEHEM TWP
  • Latitude: 40.6449
  • Longitude: -75.0411

    Address

  • Full Address: 357 Tunnel Rd
  • Address - House Number: 357
  • Address - Street Name: Tunnel
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Asbury
  • Carrier Code: R011
  • 4-Digit Zip Code: 1203
  • Zip Code: 08802

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,356

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 663,038
  • High Value: 768,248
  • Low Value: 557,827

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $448,514
  • First Open Lien Mortgage Lender: FINANCIAL FREEDOM MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 15, 2021
  • First Open Lien Mortgage Loan Amount: $448,514
  • 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: $394,000
  • Market Land Value: $122,600
  • Market Improvement Value: $271,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,000
  • Assessed Land Value: $122,600
  • Assessed Improvements Value: $271,400

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Jan 15, 2021
  • Current Sale Transaction ID: 11825409587
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20210115000015380
  • Previous Sale Recording Date: Nov 01, 2005
  • Previous Sale Contract Date: Oct 06, 2005
  • Previous Sale Amount: $555,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FREEDOM MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 15, 2021
  • First Mortgage Loan Amount: $448,514
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE NETWORK INC
  • Previous Mortgage Transaction Date: Nov 01, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $444,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Hunterdon



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Frequently Asked Questions

What neighborhood is 357 Tunnel Road located in?
The 357 Tunnel Road is a located in the neighborhood of Hunterdon in Hunterdon, Asbury.
What is the average sales price for listings in 357 Tunnel Road?
The average sales price for units in 357 Tunnel Road is $0 currently.

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