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8 Jake Drive

8 Jake Drive, Asbury Park, NJ 07712
Property in Monmouth
Sold Apr 19, 2018
$390,000
$312,000 by Jersey Mortgage Co
Mortgage Due May 01, 2048
Sold Jan 13, 2016
Transfer
8 Jake Drive has been categorized by the local assessors in Asbury Park, NJ as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 8 Jake Drive has 2,157 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,505 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 built-in garage for those who require parking. The garage measured 180 sqft. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of alum/vinyl siding. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 8 Jake Drive was last sold in Mar 26, 2018 for $390,000. According to our calculations, that's $180.81 per sqft. Current property owners are expected to pay $7,648 in taxes per year. The property on 8 Jake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $501,200. To break that down further, the land itself was valued at $200,000. While improvements to the property were assessed at a total of $301,200. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,505
  • Total Building Area: 2,157
  • Building Area: 2,157
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,157
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.195
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : WILLIAMS RICHARD
  • Previous Owner : SILVESTRI NICHOLAS J
  • Previous Owner 2: SILVESTRI JENNIFER
  • Owner Before Previous Owner: TINTON FALLS ACTIVE ADULT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monmouth Regional School District
  • Census Tract: 804801

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: TAX MAP 58
  • District: 49
  • Parcel: 49 00120- 07-00018
  • Block: 120.07
  • Lot: 18
  • Municipality: TINTON FALLS BORO
  • Latitude: 40.2607
  • Longitude: -74.0876

    Address

  • Full Address: 8 Jake Dr
  • Address - House Number: 8
  • Address - Street Name: Jake
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Tinton Falls
  • Carrier Code: C034
  • 4-Digit Zip Code: 7534
  • Zip Code: 07712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,648

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 573,046
  • High Value: 666,168
  • Low Value: 479,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,000
  • First Open Lien Mortgage Lender: JERSEY MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Apr 19, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $312,000
  • 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: May 01, 2048

    Market Valuation

  • Market Total Value: $501,200
  • Market Land Value: $200,000
  • Market Improvement Value: $301,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,200
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $301,200

    Sales

  • Current Sale Contract Date: Mar 26, 2018
  • Current Sale Recording Date: Apr 19, 2018
  • Current Sale Transaction ID: 11479952923
  • Current Sale Price: $390,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018038437
  • Previous Sale Recording Date: Jan 13, 2016
  • Previous Sale Contract Date: Dec 07, 2015
  • Previous Sale Document Type: Special Master Deed

    Last Sale Mortgage

  • First Mortgage Lender: JERSEY MORTGAGE CO
  • First Mortgage Transaction Date: Apr 19, 2018
  • First Mortgage Loan Amount: $312,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 8 Jake Drive located in?
The 8 Jake Drive is a located in the neighborhood of Monmouth in Tinton Falls, Asbury Park.
What is the average sales price for listings in 8 Jake Drive?
The average sales price for units in 8 Jake Drive is $0 currently.

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