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54 Old Farm Road

54 Old Farm Road, Oakhurst, NJ 07755
House in Monmouth
Sold Dec 27, 2019
$1,825,000
Sold May 30, 2005
$1,250,000
$800,000 by Credit Suisse First Boston Fin
Mortgage Due May 01, 2035
Local assessors in Oakhurst, NJ have categorized 54 Old Farm Road as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 30,000 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 1,500 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 are 2 full bathrooms. There are also 3 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 54 Old Farm Road has a total of 3,842 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 1,968 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 attached garage for those who need a place to park their vehicle. The garage on the property is 606 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. In addition, there is a both a pool and a spa 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. 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 shingle (not wood). 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, 54 Old Farm Road was last sold in Dec 12, 2019 for $1,825,000. According to our calculations, that's $475.01 per sqft. Prior to that sales transaction, the property was sold for $1,250,000 in Apr 14, 2005. Current property owners are expected to pay $36,265 in taxes per year. The property on 54 Old Farm Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,371,800. To break that down further, the land itself was valued at $1,755,000. While improvements to the property were assessed at a total of $616,800. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,968
  • Garage Type: Attached
  • Garage Square Area: 606
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 30,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 3,842
  • Building Area: 3,842
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,842
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.689
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MASSRY BROTHERS LLC
  • Previous Owner : GOHAR YUVAL
  • Previous Owner 2: GOHAR VICTORIA
  • Owner Before Previous Owner: HABERT MARCO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ocean Township School District
  • Census Tract: 806300

Zoning

  • Zoning: SF40

Geography

  • Assessors Map Reference: TAX MAP 9
  • District: 37
  • Parcel: 37 00008- 01-00014
  • Block: 8.01
  • Lot: 14
  • Municipality: OCEAN TWP
  • Latitude: 40.2721
  • Longitude: -74.0116

    Address

  • Full Address: 54 Old Farm Rd
  • Address - House Number: 54
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Oakhurst
  • Carrier Code: C004
  • 4-Digit Zip Code: 1660
  • Zip Code: 07755

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,265

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 2,948,277
  • High Value: 3,516,650
  • Low Value: 2,379,904

    Market Valuation

  • Market Total Value: $2,371,800
  • Market Land Value: $1,755,000
  • Market Improvement Value: $616,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,371,800
  • Assessed Land Value: $1,755,000
  • Assessed Improvements Value: $616,800

    Sales

  • Current Sale Contract Date: Dec 12, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Transaction ID: 11716515127
  • Current Sale Price: $1,825,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019124127
  • Previous Sale Recording Date: May 30, 2005
  • Previous Sale Contract Date: Apr 14, 2005
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: CREDIT SUISSE FIRST BOSTON FIN
  • Previous Mortgage Transaction Date: May 30, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2035

About Monmouth



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Nearby Rentals

Unit for rent at

$6,750 /mo

  • 9 Beds
  • 5 Baths
  • 2,080 ft²
Listing by Barbara Bahary

Frequently Asked Questions

What neighborhood is 54 Old Farm Road located in?
The 54 Old Farm Road is a house located in the neighborhood of Monmouth in Monmouth, Oakhurst.
What is the average sales price for listings in 54 Old Farm Road?
The average sales price for units in 54 Old Farm Road is $0 currently.

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