See Home Value
Monmouth 07731
503 Newtons Corner Road
$825,000
● House - Off Market

503 Newtons Corner Road

Howell, NJ 07731
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$4,646
Est. Monthly
4.89%
Cap Rate

About This Property

Rare Opportunity! *Assumable 2.625% VA Loan (Inquire within) 2015 Quality Built Beautiful Custom Colonial with a fully finished basement nestled in privacy on 1.25 acres. If you value your privacy, this is it! Set back 220 ft from the road and backs to a 50 ft wooded privacy buffer. Hardie Board front siding, double door entry. Enjoy your mornings on your front porch! Brand new Trex Deck on the front porch & new 10 x 10 rear deck that leads to the 50 x 64 ft side yard; designed to accommodate an inground pool & entertainment area (Sprinklers on public water, expandable & placed to allow for an ig pool) Vinyl fencing w/double wide gate. Stunning spacious eat-in kitchen w/beautiful finishes that connects to the family room w/vaulted ceiling, arched stone flanking a gas fireplace, MORE... custom wooden mantel. Huge 10 ft x 4 ft granite top island, 42" cabinets, quiet close drawers, stainless steel appliances, Viking 6 burner gas stove, stone farmhouse sink, antique brass pulls & faucet, pot filler, 24" ceramic floor tiles, walk-in pantry, freezer. This open entertainment area is the heart of the home. Elegant master bath featuring double sink vanities, jetted soaking tub and stand-alone shower. Living room open to dining room. Approx. 9ft ceiling on 1st & 2nd floors & basement; luxury vinyl plank wood-look floor on main level. Big Master Bedroom w/barn door leading to huge walk-in closet w/custom shelves. Over-sized 25' x 25' 2 car garage with 2nd entrance to about 1,000 sq ft finished basement (unfinished ceiling), 2 bonus rooms, kitchenette w/fridge, microwave, mechanical room & beautiful full bathroom, Superior Walls, wood laminate flooring. Optional to add hook-ups for 2nd laundry area. White vinyl fence. Solar panels added in 2015! SREC credits basically pay for themselves! 2 Zone Heat & A/C. 16-Seer HE Air & HE Goodwin Furnace. Commercial Hot Water Heater. Tucked away Fire Escape ladders in 2 front bedrooms. Cellulose insulation! Touted to give you 3x the amount of time to get out of the home, in case of a fire. Anderson tilt-in windows w/Argon gas.  Reasonable taxes and low utilities make this home very affordable. Seller represents that they receive about $200+/month in SREC credits and another approx. $300 annually; which basically covers the monthly payment of $259.47. Solar will be owned/not leased. The monthly electric bill runs about $3. So it's basically free electricity powered mainly solar. Oh, and there's no sewer bill. Assume the loan of $525,000 at 2.625%, (and pay the balance with cash or a 2nd mortgage, or both). This becomes an amazing opportunity for the right buyer! Located near the Garden State Parkway and Allaire State Park!
Unit Size
-
Days on Market
-
Land Size
1.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$840
HOA Dues
-
Year Built
2015

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Last updated: 3 years ago (MOMLS #22407992)

Price History

Date / Event Date Event Price
Aug 19, 2024 Sold
Sold
Mar 22, 2024 Listed by Keller Williams Shore Properties $775,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 2,606
  • Building Area: 2,606
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,606
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Howell Township School District
  • Census Tract: 811502

Zoning

  • Zoning: ARE2

Geography

  • Assessors Map Reference: TAX MAP 2.01
  • Account Number: 02701100
  • District: 21
  • Parcel: 21 00042-0000-00070- 04
  • Block: 42
  • Lot: 70.04
  • Municipality: HOWELL TWP
  • Latitude: 40.1339
  • Longitude: -74.1436

    Address

  • Full Address: 503 Newtons Corner Rd
  • Address - House Number: 503
  • Address - Street Name: Newtons Corner
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Howell
  • Carrier Code: R004
  • 4-Digit Zip Code: 8736
  • Zip Code: 07731

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,004,600

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 689,263
  • High Value: 804,049
  • Low Value: 574,478

    Market Valuation

  • Market Total Value: $508,200
  • Market Land Value: $148,400
  • Market Improvement Value: $359,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $508,200
  • Assessed Land Value: $148,400
  • Assessed Improvements Value: $359,800

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021168890
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Monmouth


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Nearby Rentals

Unit for rent at 41 Carrie Drive, Howell, NJ, 07731

$4,400 /mo

  • 4 Beds
  • 3 Baths
  • 2,232 ft²
41 Carrie Drive, Howell, NJ, 07731 Listing by Sephie Medina


Frequently Asked Questions

When was property at 503 Newtons Corner Road built and last sold?
The property at 503 Newtons Corner Road was built in 2015 and last sold on Nov 12, 2021 for $530,000.
How much is this home worth?
The estimated value of the home located at 503 Newtons Corner Road is $0.
What are some comparable homes to 503 Newtons Corner Road?
There are currently no comparable homes to 503 Newtons Corner Road.