What $400,000 can buy you in Monmouth County, May 19 to 25

For prospective homebuyers eyeing the real estate market in areas of Monmouth County, here’s what sold for or under $400,000 between May 19 and May 25.

Below, we provide an overview of the top 10 properties in each area, chosen for their proximity to the desired price range and the largest living spaces.

Please note that the properties in the list below are for real estate sales where the title was recorded during the week of May 19, even if the property may have been sold earlier.

1. $400K, 2-bedroom home

In April, a condominium located at 324 Tulip Lane, changed ownership. The property, covering 1,138 square feet, was built in 1986 and was sold for $400,000, which calculates to $351 per square foot. The lot size encompasses 566 square feet. The deal was finalized on April 30.

2. $395K, 3-bedroom home

Situated at 1825 Stratford Ave., this single-family house, was sold in April for a price of $395,000, translating to $293 per square foot. The property, constructed in 1905, offers a living area of 1,346 square feet and sits on a 5,750-square-foot lot. The deal was finalized on April 30.

3. $390K, 3-bedroom home

This detached house, underwent a change of ownership in April. Located at 5 Cedar Ave., the home spans 1,400 square feet and was sold for $390,000, or $279 per square foot. The property sits on a lot measuring 5,000 square feet, and it was built in 1928. The deal was finalized on April 30.

4. $375K, 4-bedroom home

For a price tag of $375,000 ($214 per square foot), the detached house, built in 1968 and located at 229 Osborn Street changed hands in May. The home spans 1,750 square feet of living area. The property comprises a 6,336-square-foot lot. The deal was finalized on May 1.

5. $350K, 2-bedroom home

At $350,000 ($438 per square foot), the single-family home located at 21 Pineview Ave. offered another opportunity below the targeted price range when it changed hands in May. This property, built in 1942, provides 800 square feet of living space, and sits on a 2,500-square-foot lot. The deal was finalized on May 1.

6. $290K, 3-bedroom home

Priced at $290,000 (equivalent to $234 per square foot), this single-family house, constructed in 1952 and situated at 1807 Milton Ave., was sold in May. The home spans 1,237 square feet of living area. The property comprises a 7,875-square-foot lot. The deal was finalized on May 1.

7. $282K, 2-bedroom home

In April, a single-family house located at 154 Hawthorne Ave., changed ownership. The property, covering 636 square feet, was built in 1941 and was sold for $282,000, which calculates to $443 per square foot. The lot size encompasses 5,550 square feet. The deal was finalized on April 30.

8. $255K, 2-bedroom home

Priced at $255,000 (equivalent to $221 per square foot), this condominium, constructed in 2005 and situated at 205 Sixth Ave., was sold in April. The home spans 1,154 square feet of living area. The deal was finalized on April 30.

9. $251K, 4-bedroom home

At $251,000 ($184 per square foot), the single-family house located at 204 Sunset Lane offered another opportunity below the targeted price range when it changed hands in May. This property, built in 1953, provides 1,365 square feet of living space, and sits on a 10,492-square-foot lot. The deal was finalized on May 1.

10. $180K, 2-bedroom home

This single-family house, underwent a change of ownership in April. Located at 113 W. Sixth Street, the home spans 864 square feet and was sold for $180,000, or $208 per square foot. The property sits on a lot measuring 10,000 square feet, and it was built in 1960. The deal was finalized on April 29.

Real Estate Newswire is a service provided by United Robots, which uses machine learning to generate analysis of data from Propmix, an aggregator of national real-estate data.