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8 Berkeley Place

8 Berkeley Place, Eatontown, NJ 07724
Property in Eatontown
Sold Jul 14, 2021
$320,000
$228,750 by Redfin Mortgage Llc
Mortgage Due Jul 01, 2051
Sold Sep 08, 2017
$250,000
Local assessors in Eatontown, NJ have categorized 8 Berkeley Place as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 1,498 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 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 8 Berkeley Place has a total of 1,360 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. 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 a patio so you'll have a great option in the back of the home. 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). 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. 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, 8 Berkeley Place sold most recently in Jun 28, 2021 for a total of $320,000. If you work out the math, that's approximately a cost of $235.29 per sqft. Before that, the property was also sold for $250,000 in Jul 27, 2017. 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 $7,529 in taxes each year. 8 Berkeley Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $382,000. If we break it down further, the land itself was valued at $251,000. Improvements to the property, however, were assessed at a total of $131,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 1,498
  • Total Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.034
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : NIETO KATERINE YANETH RAMIREZ
  • Current Owner 2: FISCHER ANTHONY BARRY
  • Previous Owner : LYNCH PETER
  • Previous Owner 2: LYNCH KRISTIN
  • Owner Before Previous Owner: PJRS1 LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Eatontown Borough School District
  • Census Tract: 812200

Zoning

  • Zoning: MF0

Geography

  • Assessors Map Reference: TAX MAP 23
  • District: 12
  • Parcel: 12 02304-0000-00015
  • Block: 2304
  • Lot: 15
  • Municipality: EATONTOWN BORO
  • Latitude: 40.2926
  • Longitude: -74.0504

    Address

  • Full Address: 8 Berkeley Pl
  • Address - House Number: 8
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Eatontown
  • Carrier Code: C021
  • 4-Digit Zip Code: 2534
  • Zip Code: 07724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,529

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 415,822
  • High Value: 488,485
  • Low Value: 343,160

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,750
  • First Open Lien Mortgage Lender: REDFIN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $228,750
  • 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: $382,000
  • Market Land Value: $251,000
  • Market Improvement Value: $131,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,000
  • Assessed Land Value: $251,000
  • Assessed Improvements Value: $131,000

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11843772236
  • Current Sale Price: $320,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021107660
  • Previous Sale Recording Date: Sep 08, 2017
  • Previous Sale Contract Date: Jul 27, 2017
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: REDFIN MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $228,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 8 Berkeley Place located in?
The 8 Berkeley Place is a located in the neighborhood of Eatontown in Eatontown, Eatontown.
What is the average sales price for listings in 8 Berkeley Place?
The average sales price for units in 8 Berkeley Place is $0 currently.

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