Raintree Freehold Township
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About Raintree Freehold Township
Raintree is a gated condo / townhouse community located off of Route 537, west of Route 9. in fact, it’s one of the very few gated condo communities in Monmouth County. Actually, there are two entrances and exits to Raintree. The first is guarded 24 hours 7 days per week, while the other gate requires a remote to open it. All homes are within walking distance to the adjacent shopping center, which features a supermarket, drug stores, dry cleaners, restaurants, banks etc. Raintree is also close to a major shopping mall, Freehold Raceway Mall, transportation and Great Adventure Amusement Park.
The Homes in Raintree Freehold Township
During 1982, construction began in the 994 condo / townhouse units in Raintree Condos Freehold Township. In addition, there are 217 single family detached homes. In 1996, construction was completed after a total of 1211 homes were built. As a result, Raintree is the largest condo / townhouse complex in Freehold Township.
In the condos / townhouses, home are either 1 or 2 bedrooms, and some have a loft or a den. Some units have garages, and some have a fireplace. Condos may be on either the first or second floor.
Furthermore, the detached single family homes come with 2 bedrooms, some have a loft. All of these homes have at least 2 bathrooms and a one car garage, while many also have a fireplace.
Raintree consists of 9 different villages. The single family homes are in villages Heather Ridge I, II & III, while the other 6 villages offer condos or townhouses. You may have 2 pets if you live in these villages, cats or dogs. You are also allowed 2 pets in Olde Oaks I. In the remaining villages, Olde Oaks II, Briar Glen I & II, Willow Bend & Arbors, you are allowed 1 pet.
Some of the villages have adopted restrictions on rentals. Specifically, they specify how long someone must own the property before making it a rental property. Therefore, investors should check with the association before purchasing.
Since each village has it’s own home owners association, each has it’s own budget. Additionally, the community itself has an association, which has it’s own budget. As a result, each of the villages has a different monthly home owners association fee.
Financing in Raintree
Since the six condo associations in Raintree are not approved for FHA Financing, you’ll either need to request a spot approval for FHA financing or apply for one of the other low down payment mortgage programs that exist. However, the detached, single family homes do not require FHA approval.
The Amenities in Raintree
At the clubhouse, you’ll find an outdoor pool, exercise area, tennis courts, basketball courts and a 9 hole golf course. However, if you’re looking for a more challenging course, Monmouth County operates 8 public courses. Additionally, Raintree has a walking trail which goes throughout the community.
Children will attend the West Freehold School elementary school and the Clifton Barkalow Middle School. These are part of the highly rated school system in Freehold Twp.
Upon reaching high school, students will attend one of the 6 schools in the Freehold Regional High School District. Most students from Raintree will attend Freehold Township High School. Each school offers unique courses in fields such as Global Studies, Culinary Arts & Hospitality Management and more. Talented students may apply through a competitive admissions program. If accepted, that school becomes their permanent school.
Additionally, high school students can attend the Monmouth County Vocational School District. Five magnet schools offer full time course offerings in Communications, Bio Technology and more. Shared time courses in many other fields are also available. Some of these are Nursing Assistant, Culinary Arts and more.
Freehold Township offers a full day kindergarten program. Also, numerous nursery schools and private schools are in the area. Brookdale Community College’s main campus is 20 minutes away, and various New Jersey colleges and universities offer classes in Brookdale’s Freehold Township location.
The Area Surrounding Raintree Freehold Township
Many public and county parks are in Freehold Township. At the largest park a summer recreation program is offered. Six Flags Great Adventure is a short drive away. And of course, the Jersey Shore is nearby.
Every type of shopping is available, either in downtown Freehold or on Route 9. Raceway Mall, which features over 200 stores and restaurants. Most major restaurant chains are located nearby on Route 9, while many other restaurants are nearby in downtown Freehold.
Nearby is Centra-State hospital, along with numerous medical practices.
Commuters from Raintree Condos Freehold Township to New York can ride the bus from one of the Park and Ride lots in Freehold Township. Local bus service is also available on Route 9. If you prefer the train, New Jersey Transit offers rail service from Matawan, which is a 20 – 30 minute ride.
The Garden State Parkway North is (non rush hour) +- 20 minutes away. For southbound, take Route 195 to exit 100. If you take Route 195 west, it’s 25 minutes to New Jersey Turnpike exit 8.
Is it Time to Move?
When you’re ready to either buy or sell Raintree Condos Freehold Township, contact us. We’ve helped hundreds of people buy and sell homes, and we can help you through the process too.
The Real Estate Market
During 2021, 62 condos were sold in Raintree. Furthermore, the average sale price was $306627. Also, 9 detached homes were sold with a median sale price of $417656.
Recently Sold Homes
|MLS #||Status||Address||Price||Sold Date||Taxes||Days On Market||Complex/Subdivision||Garage||Apx Year Built||Apx SqFt|
|1||22203082||C||71 Pagoda Ln||$400,000||08/04/2022||5,797||8||Raintree||Y||1996||1,489|
|2||22215971||C||51 Poplar Pl||$320,000||08/29/2022||14||Raintree||Y||1989||1,216|
|3||22217136||C||71 Tulip Ln||$317,000||08/15/2022||4,989||54||Raintree||N||1986|
|4||22218871||C||105 Greenwood Dr||$228,000||08/19/2022||3,825||25||Raintree||N||1982|
|5||22218823||C||91 Greenwood Dr||$257,000||08/19/2022||2,021||5||Raintree||Y||1982|
|6||22219624||C||109 Hyacinth Ln||$330,000||08/29/2022||5,534||19||Raintree||N||1986||1,189|
|7||22223071||C||11 Inwood Ter 4-35||$330,000||08/16/2022||5,056||5||Raintree||Y||1982||1,368|
SOme, but not all of the homes in Raintree qualify for both FHA and VA financing. Although rates are rising, as of 9/24/22, the 30 year average rate is around 6.38%. In order to purchase the typical Raintree condo, you’ll need to spend the equivalent of roughly 1338000 Bermudian dollar. Additionally, 6 homes are offered for sale here, with asking prices between $310000 and $407500.
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Raintree Condos and Townhouses for sale
If necessary, enter RAINTREE TOWNHOUSE FOR SALE for access.
In this paragraph you’ll find the condos and townhouses for sale in Raintree. Raintree is in Freehold Township, Monmouth County NJ 07728. In addition, here are the condos for sale, townhomes for sale and townhouses for sale in Raintree. Indeed, there are also detached single family houses or homes in Raintree. You’ll find luxury townhouses and luxury condos. You’ll find one bedroom condos for sale. Also, there are two bedroom condos and townhouses for sale. In addition there are two bedroom condos with a loft for sale and two bedroom townhouses with a loft for sale. Search for the condos for sale raintree freehold. Additionally, condos for sale with 2 bedrooms or townhouses with 2 bedrooms are available. Also there are condos for sale with garage and townhouses for sale with a garage.
condos for sale raintree freehold township
investors need to know that of the nine home owners associations some do not allow people to buy the homes and rent them until least 2 years have gone buy.
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In fact, Raintree is a golfing community. In addition, there is a 9 hole golf course. Raintree is a gated community. Plus, Raintree is near transportation. A shopping center is with easy walking distance. In the center are many restaurants, a grocery store, drug store, a gym and more. Also, there’s a Greek restaurant that offers good Gyros.
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