When was property at 8 Cherry Tree Lane built and last sold?

The property at 8 Cherry Tree Lane was built in 1953 and last sold on Jun 13, 2003 for $289,000.

How much is this home worth?

The estimated value of the home located at 8 Cherry Tree Lane is $665,590.

What are some comparable homes to 8 Cherry Tree Lane?

There are currently no comparable homes to 8 Cherry Tree Lane.

Monmouth

07748

8 Cherry Tree Lane

$750,000

● House - Off Market

8 Cherry Tree Lane

Middletown, NJ 07748

4 Beds

2 Baths

$4,269

Est. Monthly

6.31%

Cap Rate

About This Property

Welcome to 8 Cherry Tree Lane, where you're surrounded by charm from the moment you arrive. This custom 4 bedroom, 2 bathroom home has been meticulously maintained and is ready for new owners. Situated on a large corner lot, this yard is perfect for BBQs just in time for summer. As you enter, you'll be welcomed by an elegant foyer featuring a large staircase and high ceilings. As you tour the home, you'll see there is no shortage of living space. Head upstairs and you'll be WOWed by the large master bedroom which features a high tray ceiling and a large master closet. From the master bedroom, travel into the huge Jack and Jill bathroom, which will immediately have you dreaming of relaxing in your soaking tub. The three guest bedrooms are generously sized and have tons of natural light. Middletown Village is highly desired and it's no guess why. While you are nestled in privacy, you're only minutes from anything you could possibly need whether it be shopping, nightlife, nature, or work travel. A commuter's dream, you are right around the corner from the Middletown train station and a short ride from the Belford Ferry.

Unit Size

Days on Market

41 days

Land Size

Price per sqft

Property Type

House

Property Taxes

$1,032

HOA Dues

Year Built

1953

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (CJMLS #2412621R)

Price History

Date / Event	Date	Event
Jul 12, 2024	Sold	Premium
Sold
Jul 8, 2024	In contract	-
In contract
May 29, 2024	Listed by DRIFTWOOD REAL ESTATE GROUP	$659,000
Listed by DRIFTWOOD REAL ESTATE GROUP

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1953

Effective Year Built: 1953
Building Count: 1
Total Rooms: 7
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 0
Construction Type: 6
Building Style: 5
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 20
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Parking Space Count: 1
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,530

Lot Size Depth Feet: 1,350
Lot Size Frontage Feet: 780
Total Building Area: 2,638
Building Area: 2,638
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 2,638
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Land Acres: 0000000241
Standard Land Use Code: 1001
County Land Use Code: 2
Legal Description 1: ADDITIONAL LOTS: T/A:EXPIRES 12/12

Neighborhood

School District Name: Middletown Township School District

Census Tract: 801100

Zoning

Zoning: R22

Geography

Assessors Map Reference: TAX MAP 124

Account Number: Mar 01, 2006
District: 32
Parcel: 32 00605-0000-00084
Block: 605
Lot: 84
Municipality: MIDDLETOWN TWP
Latitude: 40.3998
Longitude: -74.1256

Address

Full Address: 8 Cherry Tree Ln

Address - House Number: 8
Address - Street Name: Cherry Tree
Address - Suffix Type: Ln
State: NJ
City Name: Middletown
Carrier Code: C011
4-Digit Zip Code: 1847
Zip Code: 07748

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,238,846

Appraisal Valuation

Standard Deviation: 0.1364

Valuation Date: Apr 03, 2024
Confidence Score: 84
Final Value: 851,549
High Value: 967,766
Low Value: 735,331

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $712,800

Market Land Value: $312,100
Market Improvement Value: $400,700

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $712,800
Assessed Land Value: $312,100
Assessed Improvements Value: $400,700

Sales

Current Sale Contract Date: Jun 13, 2003

Current Sale Recording Date: Jun 23, 2003
Current Sale Price:

Premium
Current Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Monmouth

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$383

Above Asking

0.54%

Average Days on Market

Average Home Size

1949 ft²

Average Home Age

45.1 years

Currently For Sale

2748 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 156 Main Street, Port Monmouth, NJ, 07758

$4,250 /mo

4 Beds
2 Baths
1,474 ft²

156 Main Street, Port Monmouth, NJ, 07758 Listing by Amy Neff

Unit for rent at 1502 Arose Lane, Middletown, NJ, 07748

$4,800 /mo

4 Beds
3 Baths
2,494 ft²

1502 Arose Lane, Middletown, NJ, 07748 Listing by Weijia Luo

Unit for rent at 601 Harmony Road, Middletown, NJ, 07748

$4,400 /mo

4 Beds
2 Baths
1,824 ft²

601 Harmony Road, Middletown, NJ, 07748 Listing by Benjamin Bastawrous

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: SCOTT INDERWIES
DRIFTWOOD REAL ESTATE GROUP
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2412621R

8 Cherry Tree Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Monmouth

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions