2 days on Rocket
$8,301 Closing Credit¹
#22515609, Michael Kalagassy, Listing Office: C21/ Mack Morris Iris Lurie
$849,000 List price
40 Lutea Ter Freehold, NJ 07728
$10,000
Closing credit¹
5 beds
2 full, 1 partial
2,502 sqft
0.6 acres
$339 / sqft
House
Property details
About 40 Lutea Ter
Welcome to your dream home-a beautiful haven nestled in a charming, vibrant community. This stunning residence features five spacious bedrooms and two and a half elegantly updated baths, all bathed in natural light. gleaming hardwood floors flow throughout the interior, perfectly complementing the modern updates and timeless design. The family room with fireplace, perfect for gathering with loved ones on chilly evenings. A newer roof crowns the home, providing peace of mind and enhancing curb appeal. Step outside and fall in love with the oversized half -acre property and discover an inviting in-ground pool and beautiful deck, an oasis for relaxation and entertaining. Come see this truly exceptional property.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
CoolingCentral Air
Size2,502 sqft
BasementYes
Lot size0.62 Acres
Year built1967
ParkingDirect Access, Asphalt, Double Wide Drive, Driveway, Workshop in Garage
MLS #22503169
Attached garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Washer, Dishwasher, Dryer, Self Cleaning Oven, Stove, Refrigerator, Garage Door Opener, Gas Range
- Basement: Yes
- Flooring Type: Ceramic Tile, Wood
- Interior: Attic, Wall Mirror
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Direct Access, Asphalt, Double Wide Drive, Driveway, Workshop in Garage
- Exterior: Thermal Window, Lighting
- Architectural Style: Colonial
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $849,000
- Price/SqFt: $339
- Annual Tax Amount: $10,994
- Tax Year: 2024
- Lot: Fencing
- Year Built: 1967
- Living Area: 2,502 SqFt
- Lot Size: 0.62 Acres
- MLS Number: 22503169
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: Weichert Realtors-Manalapan
- Listing Agent: Robyn Novick
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 © 2025 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: 5/31/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$849,000
40 Lutea Ter
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $661,900 | $10,994 |
| 2022 | $524,400 | $10,131 |
| 2021 | $469,900 | $10,131 |
| 2020 | $451,100 | $9,675 |
| 2019 | $446,100 | $10,701 |
History based on county public records data.
Nearby schools
6
Laura Donovan School
Public District KG-5
1.2 mi
•237 Stonehurst Blvd
6
Marshall W. Errickson School
Public District KG-5
1.2 mi
•271 Elton Adelphia Rd
4
Park Avenue Elementary School
Public District PK-5
1.4 mi
•280 Park Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $123,248. The most common annual income of people living in Freehold, NJ is between $100k-200k. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
11%
<35k
22%
35k-100k
56%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
18%
Single, No Kids
5%
Single, with Kids
36%
Married, No Kids
41%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
12%
12-17 yrs old
14%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Soccer
Tennis
Where do the neighbors shop?
Chico's
The Container Store
Brooks Brothers
Where do the neighbors go to eat?
Boston Market
Starbucks
Qdoba
What do the neighbors drive?
Volvo
BMW
Acura
What do the neighbors listen to?
Talk/Personality
Alternative
Sports
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Freehold, NJ
Transportation in Freehold includes a network of local and regional bus services that connect residents to nearby areas, with varying schedules to accommodate commuters and local travelers. While ride-sharing services are available, enhancing the mobility options for residents, the town also benefits from a layout that supports walkability, particularly in the downtown area. Major roads and highways are easily accessible, facilitating travel and commuting to larger neighboring cities. Efforts to improve transport efficiency and accessibility are ongoing, with plans to enhance the public transit system and road infrastructure.
The community is served by a number of public schools, including several elementary schools, middle schools, and a high school, as well as private educational institutions that offer alternative learning environments. Freehold's healthcare facilities provide a range of services, from primary care to specialized treatments, ensuring residents have access to quality medical care. The town also features a public library that serves as a resource and gathering place for the community. Retail and dining options reflect the local culture, with a mix of independent shops and eateries that showcase the town's culinary diversity.
Freehold prides itself on its rich historical heritage and tight-knit community atmosphere. The town is celebrated for its well-preserved downtown area that hosts a variety of local events and festivals throughout the year, fostering a strong sense of community among residents. The blend of historical landmarks, scenic parks, and community activities contributes to Freehold's unique character, making it an attractive place for families and individuals who appreciate a blend of tradition and community engagement.
Freehold's housing market is diverse, offering a range of options from charming single-family homes to convenient apartment complexes and townhouses. The architectural styles vary, with a notable presence of colonial and Victorian homes that add to the town's historic charm. The market is primarily composed of single-family homes, which make up a significant portion of the housing stock, while the rest includes multi-family units that cater to different lifestyle needs. The homeownership rate in Freehold is robust, reflecting the community's commitment to long-term residency and stability.
About 40 Lutea Ter
The listing price of 40 Lutea Ter property is $849,000.
The property 40 Lutea Ter is a house located in Freehold, New Jersey, 07728.
Active Listing: 40 Lutea Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40 Lutea Ter are: Laura Donovan School (GreatSchools Rating 6/10), Marshall W. Errickson School (GreatSchools Rating 6/10), Park Avenue Elementary School (GreatSchools Rating 4/10), Freehold Intermediate School (GreatSchools Rating 3/10), Clifton T. Barkalow School (GreatSchools Rating 5/10), Dwight D. Eisenhower School (GreatSchools Rating 7/10), Freehold Township High School (GreatSchools Rating 6/10), Biotechnology High School (GreatSchools Rating 10/10), Freehold Borough High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $10,994 (source: MLS/based on county public records data).
The property at 40 Lutea Ter has 5 bedrooms and 2 full and 1 half bathrooms.
The property 40 Lutea Ter is 2,502 SqFt (source: MLS/tax record).
The year of construction for 40 Lutea Ter is 1967.
This home is located at 40 Lutea Ter in Freehold, NJ and zip code 07728. This 2,502 square foot home, which was built in 1967, sits on a 0.62 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $849,000.
While more than 21 listings in Freehold, NJ in April 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 13 were sold below. The number of listings in Freehold, NJ increased by 2% between March and April 2025. The median list price of listings available in April 2025 was $527,200, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.