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111 Classic Way

111 Classic Way, Morganville, NJ 07751
Property in Monmouth
Sold Apr 05, 2000
$530,000
Sold Mar 13, 2000
$389,900
111 Classic Way in Morganville, NJ was first built in 1999 and is 25 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 111 Classic Way has 3,665 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,908 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,480 ft and the linear feet between the front and back of the lot is 3,670. In total, the area measurement of the land is 54,316 square feet.

Learn more about the property and building on this page. There is a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no pool on the property. The home has a hip style roof made of shingle (not wood). Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a mixed used garage. The garage is 792 sqft. There are a total of 3 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 111 Classic Way sold most recently in Mar 17, 2000 for a total of $530,000. If you work out the math, that's approximately a cost of $144.61 per sqft. Before that, the property was also sold for $389,900 in Mar 10, 2000. 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 $19,657 in taxes each year. 111 Classic Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $814,300. If we break it down further, the land itself was valued at $244,500. Improvements to the property, however, were assessed at a total of $569,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,908
  • Garage Type: Mixed use
  • Garage Square Area: 792
  • Parking Space Count: 3
  • Patio Type: Patio
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 54,316
  • Lot Size Depth Feet: 3,670
  • Lot Size Frontage Feet: 1,480
  • Total Building Area: 3,665
  • Building Area: 3,665
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,665
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.247
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FAUST DAVID
  • Current Owner 2: JIANGLI ZHU
  • Previous Owner : PADNIS JEFFREY
  • Owner Before Previous Owner: CONOVER HILLS INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marlboro Township School District
  • Census Tract: 809504

Zoning

  • Zoning: R403

Geography

  • Assessors Map Reference: TAX MAP 43
  • District: 30
  • Parcel: 30 00160-0000-00052
  • Block: 160
  • Lot: 52
  • Municipality: MARLBORO TWP
  • Latitude: 40.3601
  • Longitude: -74.2422

    Address

  • Full Address: 111 Classic Way
  • Address - House Number: 111
  • Address - Street Name: Classic
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Morganville
  • Carrier Code: R081
  • 4-Digit Zip Code: 4430
  • Zip Code: 07751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,657

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 1,301,319
  • High Value: 1,520,299
  • Low Value: 1,082,339

    Market Valuation

  • Market Total Value: $814,300
  • Market Land Value: $244,500
  • Market Improvement Value: $569,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $814,300
  • Assessed Land Value: $244,500
  • Assessed Improvements Value: $569,800

    Sales

  • Current Sale Contract Date: Mar 17, 2000
  • Current Sale Recording Date: Apr 05, 2000
  • Current Sale Transaction ID: 1192394271
  • Current Sale Price: $530,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 13, 2000
  • Previous Sale Contract Date: Mar 10, 2000
  • Previous Sale Amount: $389,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST INTERSTATE
  • First Mortgage Transaction Date: Apr 05, 2000
  • First Mortgage Loan Amount: $424,000
  • First Mortgage Terms: 360

About Morganville



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Frequently Asked Questions

What neighborhood is 111 Classic Way located in?
The 111 Classic Way is a located in the neighborhood of Monmouth in Morganville, Morganville.
What is the average sales price for listings in 111 Classic Way?
The average sales price for units in 111 Classic Way is $0 currently.

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