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8 Reid Way

8 Reid Way, Freehold, NJ 07728
Property in Monmouth
Sold Feb 11, 2002
$270,000
Sold Sep 15, 1994
$187,795
$125,000 by Gmac Mtg
Mortgage
Local assessors in Freehold, NJ have categorized 8 Reid Way as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 7,222 square feet. 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 7 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 is one full bathroom. There are also 2 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 Reid Way has a total of 2,116 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 1,128 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 239 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 Reid Way sold most recently in Dec 9, 2001 for a total of $270,000. If you work out the math, that's approximately a cost of $127.60 per sqft. Before that, the property was also sold for $187,795 in Sep 13, 1994. 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 $8,958 in taxes each year. 8 Reid Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $427,200. If we break it down further, the land itself was valued at $134,000. Improvements to the property, however, were assessed at a total of $293,200. 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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,128
  • Garage Type: Attached
  • Garage Square Area: 239
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,222
  • Total Building Area: 2,116
  • Building Area: 2,116
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,116
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CARR FREDERICK
  • Current Owner 2: CARR JANICE
  • Previous Owner : DITROLIO WILLIAM
  • Owner Before Previous Owner: AVE BARKALOW
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Freehold Regional School District
  • Census Tract: 810900

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 49
  • District: 16
  • Parcel: 16 00119-0000-00021- 05
  • Block: 119
  • Lot: 21.05
  • Municipality: FREEHOLD BORO
  • Latitude: 40.2509
  • Longitude: -74.2843

    Address

  • Full Address: 8 Reid Way
  • Address - House Number: 8
  • Address - Street Name: Reid
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Freehold
  • Carrier Code: C013
  • 4-Digit Zip Code: 2009
  • Zip Code: 07728

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,958

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 563,409
  • High Value: 663,436
  • Low Value: 463,382

    Market Valuation

  • Market Total Value: $427,200
  • Market Land Value: $134,000
  • Market Improvement Value: $293,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,200
  • Assessed Land Value: $134,000
  • Assessed Improvements Value: $293,200

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2001
  • Current Sale Recording Date: Feb 11, 2002
  • Current Sale Transaction ID: 1108610021
  • Current Sale Price: $270,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 15, 1994
  • Previous Sale Contract Date: Sep 13, 1994
  • Previous Sale Amount: $187,795
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENDANT MTG
  • First Mortgage Transaction Date: Feb 11, 2002
  • First Mortgage Loan Amount: $256,500
  • First Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MTG
  • Previous Mortgage Transaction Date: Sep 15, 1994
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Term: 360

About Freehold



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Frequently Asked Questions

What neighborhood is 8 Reid Way located in?
The 8 Reid Way is a located in the neighborhood of Monmouth in Freehold, Freehold.
What is the average sales price for listings in 8 Reid Way?
The average sales price for units in 8 Reid Way is $0 currently.

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