UPDATE: New data reveals the latest home sales in Monmouth County, showcasing properties under $400,000 from September 22 to 28, 2023. Homebuyers are seizing opportunities across the region, with ten standout properties recently changing hands.
This week’s sales highlight a competitive real estate market, particularly for budget-conscious buyers. The following top properties are worth noting for their price and living space.
1. **$400,000, 3 Bedrooms / 3 Bathrooms**
A single-family home at 75 Ohio Ave. sold for $400,000, or $288 per square foot. With 1,389 square feet of living space, this property sits on a 10,700-square-foot lot and was built in 1988. The deal was finalized on August 28.
2. **$400,000, 2 Bedrooms / 1 Bathroom**
Located at 37 Kennedy Way, this residence was sold for $400,000 at $370 per square foot. Built in 1953, it features 1,080 square feet of living space on a 4,650-square-foot lot. The sale was completed on August 28.
3. **$390,000, 2 Bedrooms / 2 Bathrooms**
A condominium at 113 Kingsley Way was sold for $390,000, translating to $278 per square foot. This 1,402-square-foot property, constructed in 1969, was finalized on September 2.
4. **$365,000, 2 Bedrooms / 1 Bathroom**
At 1320 State Route 71, a condominium sold for $365,000 ($439 per square foot). This 832-square-foot home was built in 1973 and was finalized on August 28.
5. **$360,000, 2 Bedrooms / 1 Bathroom**
This single-family home at 68 Smith Street was sold for $360,000. Spanning 977 square feet, it was constructed in 1950 and finalized on September 3.
6. **$355,450, 2 Bedrooms / 1 Bathroom**
A detached house at 434 Georgia Tavern Road changed hands for $355,450. Built in 1950, it offers 864 square feet of living space and a 0.5-acre lot, with the sale completed on September 2.
7. **$350,000, 2 Bedrooms / 2 Bathrooms**
Located at 701 Zlotkin Circle, this condominium sold for $350,000 at $267 per square foot. Built in 1987, it features 1,311 square feet and finalized on August 28.
8. **$340,000, 2 Bedrooms / 2 Bathrooms**
A single-family home at 541 Morningside Ave. was sold for $340,000. This 896-square-foot property, built in 1947, was finalized on August 28.
9. **$330,000, 2 Bedrooms / 2 Bathrooms**
This condominium at 568 Applewood Court sold for $330,000 ($342 per square foot) and offers 964 square feet of living space. The deal was completed on September 2.
10. **$325,000, 2 Bedrooms / 2 Bathrooms**
Finally, a condominium at 54 Chinkaberry Court was sold for $325,000 at $311 per square foot, providing 1,044 square feet of living area. The sale was finalized on August 29.
As the housing market continues to evolve, these transactions reflect the urgency for buyers seeking affordable options in Monmouth County. Stay tuned for further updates as this dynamic market unfolds.
