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14 Thomas Ln, Morganville, NJ, 07751

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
1 Full Bath
1,312 SqFt
$171/SqFt
House
Schools Nearby

Location

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14 Thomas Ln, Morganville$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street
Year Built1940
HeatingOther
CoolingNone
BasementYes
MLS #22408257
Lot Size0.15 Acres
StatusActive

About 14 Thomas Ln

Calling all investors and handymen! This is the house for you. This property is a total renovation and your chance to transform it, so bring your vision and your tools. It's situated on a secluded section of Thomas Lane. The value of this property is in the land, and there are homes very near valued at 800k+. The above ground oil tank has previously been removed. Gas, Water, and sewer is on Thomas lane which is a dirt road. No need to dig up concrete to connect the gas. Variance is needed. This home has access to the Blue Ribbon Marlboro school district! Come grab this one before someone else does! Reviewing all offers. Property is being sold strictly as is. Buyer is responsible for obtaining CO, all permits, etc. to close. Buyer to do their Due Diligence.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,312 SqFt

Listing Office:

  • Office Name: Weichert Realtors
  • Listing Agent: Shannon Fields

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

School Info

Assigned Schools Information:

  • Marlboro High School, Public District Grades 9-12
  • Marlboro Memorial Middle School, Public District Grades 6-8
  • Asher Holmes Elementary School, Public District Grades 1-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $171/SqFt

Tax Information:

  • Annual Amount: $5,824
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Morganville, NJ.

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Morganville, NJ

City

Med. Sold Price

$760K

Med. Price/SqFt

$302

Avg. Days On Market

50

# of Sold Homes

17

14 Thomas Ln vs Morganville

36 DAYS ON ROCKET

-14 Days

$225,000

-$535K Less

$171/SqFt

-$132 Less

KEY TAKEAWAY

This property is $535K less than the Median Sold Price and $132/SqFt less than other homes in Morganville, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22408257

Listing Office:

  • Office Name: Weichert Realtors
  • Listing Agent: Shannon Fields

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,824$251,700
2019$5,723$251,700
2018$5,724$251,700
2017$5,613$251,700

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4559781
8
/10

  • Asher Holmes Elementary School

  • 48 Menzel Ln

  • 3.89 miles

  • Public District Grades 1-5

Middle School

school-card-donut-4559782
6
/10

  • Marlboro Memorial Middle School

  • 71 Nolan Rd

  • 1.42 miles

  • Public District Grades 6-8

High School

school-card-donut-4559783
7
/10

  • Marlboro High School

  • 95 N Main St

  • 4.23 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $120,229. Most Morganville, NJ residents have annual incomes between $100k-200k. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 14 Thomas Ln

What is the listing price of this property?

The listing price of 14 Thomas Ln property is $225,000.

What type of property is this?

The property 14 Thomas Ln is a house located in Morganville, New Jersey, 07751.

Is this property for sale now?

Active Listing: 14 Thomas Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 14 Thomas Ln are:
Asher Holmes Elementary School: GreatSchools Rating 8/10
Marlboro Memorial Middle School: GreatSchools Rating 6/10
Marlboro High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,824 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 14 Thomas Ln has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 14 Thomas Ln is 1,312 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 14 Thomas Ln is 1940.

Rocket Homes›New Jersey›Monmouth County›Morganville›07751›14 Thomas Ln

This home is located at 14 Thomas Ln in Morganville, NJ and zip code 07751. This 1,312 square foot home, which was built in 1940, sits on a 0.15 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $225,000.

Over 7 listings were sold over their listed price in April 2024 in Morganville, NJ. In the same period over 9 listings were sold below the listed price and 1 listings were sold for the listed price. Between March 2024 and April 2024, Morganville, NJ real estate market has seen decrease in the number of listings by 10.7%. In April 2024 median list price was $760,000 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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