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408 Gaitway Court

408 Gaitway Court, Freehold, NJ 07728
Property in Monmouth
Sold Jun 29, 2021
$375,000
$356,250 by New Jersey Lenders Corp
Mortgage Due Jul 01, 2051
Sold Aug 09, 2001
$225,000
$159,000 by Abn Amro Mtg Grp Inc
Mortgage
Local assessors in Freehold, NJ have categorized 408 Gaitway Court as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 905 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 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 408 Gaitway Court has a total of 1,718 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 851 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. 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. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. 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. 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, 408 Gaitway Court sold most recently in Jun 23, 2021 for a total of $375,000. If you work out the math, that's approximately a cost of $218.28 per sqft. Before that, the property was also sold for $225,000 in Jul 20, 2001. 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 $7,134 in taxes each year. 408 Gaitway Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $382,700. If we break it down further, the land itself was valued at $170,000. Improvements to the property, however, were assessed at a total of $212,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 851
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 905
  • Total Building Area: 1,718
  • Building Area: 1,718
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: STRICKLAND FARM CONDOMINIUM
  • Land Acres: 0.02
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : PARISE THOMAS J
  • Current Owner 2: COLLEGIO ASHLEY A
  • Previous Owner : ENGEL DAVID
  • Previous Owner 2: ENGEL BONNIE
  • Owner Before Previous Owner: COSTELLO JOSEPH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Freehold Township School District
  • Census Tract: 810600

Zoning

  • Zoning: ML-8

Geography

  • Assessors Map Reference: TAX MAP 3804
  • Account Number: 3947026
  • District: 17
  • Parcel: 17 00083- 16-00004- 08
  • Block: 83.16
  • Lot: 4.08
  • Municipality: FREEHOLD TWP
  • Latitude: 40.2097
  • Longitude: -74.2704

    Address

  • Full Address: 408 Gaitway Ct
  • Address - House Number: 408
  • Address - Street Name: Gaitway
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Freehold
  • Carrier Code: R009
  • 4-Digit Zip Code: 8548
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,134

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 474,375
  • High Value: 560,108
  • Low Value: 388,641

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,250
  • First Open Lien Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $356,250
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $382,700
  • Market Land Value: $170,000
  • Market Improvement Value: $212,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,700
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $212,700

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11842027449
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021101105
  • Previous Sale Recording Date: Aug 09, 2001
  • Previous Sale Contract Date: Jul 20, 2001
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW JERSEY LENDERS CORP
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $356,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MTG GRP INC
  • Previous Mortgage Transaction Date: Aug 09, 2001
  • Previous Mortgage Loan Amount: $159,000
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 408 Gaitway Court located in?
The 408 Gaitway Court is a located in the neighborhood of Monmouth in Monmouth, Freehold.
What is the average sales price for listings in 408 Gaitway Court?
The average sales price for units in 408 Gaitway Court is $0 currently.

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