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83 Tower Hill Drive

83 Tower Hill Drive, Red Bank, NJ 07701
Townhouse in Red Bank
Sold Dec 08, 2020
$340,000
$272,000 by Guaranteed Rate Affinity Llc
Mortgage Due Nov 01, 2050
Sold Jun 13, 2005
$372,000
$320,000 by Rahway Savings Institution
Mortgage Due Apr 01, 2035
83 Tower Hill Drive has been categorized by the local assessors in Red Bank, 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 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 83 Tower Hill Drive has 1,252 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 680 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 1,294 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 garage underground or in the basement for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 stucco. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters. 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. The property was last sold in Oct 22, 2020 for $340,000. That's $271.57 per sqft. Prior to that sales transaction, the property was also sold in Mar 15, 2005 for $372,000. 83 Tower Hill Drive was last assessed in 2023. The total value of the property was assessed at $399,600. Specifically, the land the property is located on was valued at $222,000. While improvements on the property were assessed at a total of $177,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,636. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
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: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Condo
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 680
  • Garage Type: Underground/basement
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,294
  • Total Building Area: 1,252
  • Building Area: 1,252
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 1,252
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TOWER HILL CONDOMINIUM
  • Land Acres: 0.03
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: BLDG 6

Ownership

  • Current Owner : BONJAVANNI TROY
  • Current Owner 2: GOODWIN ANNE
  • Previous Owner : MEDINA FRANCES I
  • Owner Before Previous Owner: TAYLOR BARBARA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Red Bank Borough School District
  • Census Tract: 803602

Zoning

  • Zoning: 3

Geography

  • Assessors Map Reference: TAX MAP 7.01
  • District: 39
  • Parcel: 39 00052- 01-00006- 06
  • Block: 52.01
  • Lot: 6.06
  • Municipality: RED BANK BORO
  • Latitude: 40.3497
  • Longitude: -74.0555

    Address

  • Full Address: 83 Tower Hill Dr
  • Address - House Number: 83
  • Address - Street Name: Tower Hill
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Red Bank
  • Carrier Code: C010
  • 4-Digit Zip Code: 2404
  • Zip Code: 07701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,636

    Appraisal Valuation

  • Standard Deviation: 0.183
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 488,221
  • High Value: 577,589
  • Low Value: 398,852

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Dec 08, 2020
  • First Open Lien Mortgage Loan Amount: $272,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $399,600
  • Market Land Value: $222,000
  • Market Improvement Value: $177,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,600
  • Assessed Land Value: $222,000
  • Assessed Improvements Value: $177,600

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Transaction ID: 11809457197
  • Current Sale Price: $340,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020146672
  • Previous Sale Recording Date: Jun 13, 2005
  • Previous Sale Contract Date: Mar 15, 2005
  • Previous Sale Amount: $372,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Dec 08, 2020
  • First Mortgage Loan Amount: $272,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RAHWAY SAVINGS INSTITUTION
  • Previous Mortgage Transaction Date: Jun 13, 2005
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Red Bank



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Nearby Rentals

Unit for rent at

$2,800 /mo

  • 1 Bed
  • 1 Bath
Listing by Ellen Gazzola
Unit for rent at

$2,750 /mo

  • 1 Bed
  • 1 Bath
  • 861 ft²
Listing by Brenda H McIntyre

Frequently Asked Questions

What neighborhood is 83 Tower Hill Drive located in?
The 83 Tower Hill Drive is a townhouse located in the neighborhood of Red Bank in Red Bank, Red Bank.
What is the average sales price for listings in 83 Tower Hill Drive?
The average sales price for units in 83 Tower Hill Drive is $350,000 , or $280/sqft. currently.

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