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7 Morse Way North

7 Morse Way North, Holmdel, NJ 07733
Property in Monmouth
Sold Jul 20, 1998
$550,000
7 Morse Way North has been categorized by the local assessors in Holmdel, NJ as a residential type of property. The building on the property was first built in 1981 and is 43 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7 Morse Way North has 3,143 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,986 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 42,645 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 624 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a unknown on the property. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a hip style roof made of asphalt. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 7 Morse Way North sold most recently in Jun 25, 1998 for a total of $550,000. If you work out the math, that's approximately a cost of $174.99 per sqft. 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 $16,516 in taxes each year. 7 Morse Way North was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,015,100. If we break it down further, the land itself was valued at $543,800. Improvements to the property, however, were assessed at a total of $471,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,986
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 42,645
  • Total Building Area: 3,143
  • Building Area: 3,143
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,143
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.979
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GALASSO JOHN
  • Current Owner 2: GALASSO LINDA
  • Previous Owner : VANBERKEL WIM
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Holmdel Township School District
  • Census Tract: 803202

Zoning

  • Zoning: R40A

Geography

  • Account Number: 02606700
  • District: 20
  • Parcel: 20 00050- 08-00049
  • Block: 50.08
  • Lot: 49
  • Municipality: HOLMDEL TWP
  • Latitude: 40.3917
  • Longitude: -74.1637

    Address

  • Full Address: 7 Morse Way N
  • Address - House Number: 7
  • Street Segment Direction: N
  • Address - Street Name: Morse
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Holmdel
  • Carrier Code: C014
  • 4-Digit Zip Code: 1347
  • Zip Code: 07733

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,516

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,159,763
  • High Value: 1,365,666
  • Low Value: 953,860

    Market Valuation

  • Market Total Value: $1,015,100
  • Market Land Value: $543,800
  • Market Improvement Value: $471,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,015,100
  • Assessed Land Value: $543,800
  • Assessed Improvements Value: $471,300

    Sales

  • Current Sale Contract Date: Jun 25, 1998
  • Current Sale Recording Date: Jul 20, 1998
  • Current Sale Transaction ID: 1192361100
  • Current Sale Price: $550,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUN NATL BK
  • First Mortgage Transaction Date: Jul 20, 1998
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360

About Monmouth



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Frequently Asked Questions

What neighborhood is 7 Morse Way North located in?
The 7 Morse Way North is a located in the neighborhood of Monmouth in Monmouth, Holmdel.
What is the average sales price for listings in 7 Morse Way North?
The average sales price for units in 7 Morse Way North is $0 currently.

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